Annual report pursuant to Section 13 and 15(d)

Revenue

v3.23.1
Revenue
 12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Customer Concentration
The customer concentration for balances greater than 10% of revenues and 10% of accounts receivables, net, respectively, are presented below:
Total Revenue Accounts Receivable, Net
Year ended December 31, December 31,
2022 2021 2022 2021
(as a percentage)
Customer 1 28.4  % 27.8  % <10  % 71.2  %
Customer 2 10.6  % —  % <10  % —  %
Customer 3 <10  % 21.5  % —  % <10  %
Customer 4 <10  % 12.8  % <10  % 16.0  %
Customer 5 <10  % 10.2  % <10  % <10  %
Revenue by Geographic Area
The Company currently sells its products in the United States (U.S.) and Canada and other locations as follows.
December 31,
2022 2021
(In thousands)
U.S. and Canada $ 80,121  $ 22,926 
Other 636  4,513 
Total $ 80,757  $ 27,439 
Contract Assets and Liabilities
The amount of revenue recognized during the year ended December 31, 2022 included in contract liabilities as of December 31, 2021 was $1.7 million. The amount of revenue recognized during the year ended December 31, 2021 included in contract liabilities as of December 31, 2020 was $1.0 million. The change in contract assets reflects the difference in timing between our satisfaction of remaining performance obligations and our contractual right to bill our customers. The Company had no material asset impairment charges related to contract assets in the periods presented.