Deferred Revenue |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Revenue Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Revenue | Note 10. Deferred Revenue Deferred revenue, comprising individually immaterial amounts for extended warranty, enhanced product maintenance and advance payments on non-recurring engineering ("NRE") services contracts, represents contracted revenue that has not yet been recognized. We recognized $709,000 of revenue related to amounts included in deferred revenue as of December 31, 2023 for the three months ended March 31, 2024. We recognized $1.8 million of revenue related to amounts included in deferred revenue as of December 31, 2022 for the three months ended March 31, 2023. The following table presents the changes in deferred revenue for the indicated periods (in thousands):
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