Quarterly report pursuant to Section 13 or 15(d)

Revenue

v3.22.1
Revenue
 3 Months Ended
Mar. 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
Three Months Ended March 31, March 31, December 31,
2022 2021 2022 2021
(as a percentage)
Customer 1 65.4  % 56.0  % 34.3  % 71.2  %
Customer 2 13.5  % —  % <10  % —  %
Customer 3 <10  % 23.8  % <10  % <10  %
Customer 4 <10  % —  % 20.9  % <10  %
Revenue by Geographic Area
The Company currently sells its products in the Americas and other locations as follows:
March 31,
2022 2021
(In thousands)
Americas $ 12,104  $ 1,141 
Other 114  31 
Total $ 12,218  $ 1,172 
Contract Assets and Liabilities
The amount of revenue recognized during the three months ended March 31, 2022 included in contract liabilities as of December 31, 2021 was $0.8 million. The amount of revenue recognized during the three months ended March 31, 2021 included in contract liabilities as of December 31, 2020 was $0.3 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.