Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition - Schedule of Deferred Revenue (Details)

v3.21.1
Revenue Recognition - Schedule of Deferred Revenue (Details) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Deferred costs $ 4,637 $ 5,361
Deferred revenue 13,910 13,345
Less: Deferred revenue and contract liabilities - current portion (8,356) (7,339)
Deferred revenue and contract liabilities - less current portion 5,554 6,006
Services [Member]    
Deferred revenue [1] 8,065 6,578
Products [Member]    
Deferred revenue [1] 5,845 6,767
Deferred Contract Costs [Member]    
Deferred costs $ 2,214 $ 2,157
[1] The Company records deferred revenues when cash payments are received or due in advance of the Company's performance. For the three-month periods ended March 31, 2020 and 2021, the Company recognized revenue of $2,174 and $2,718, that was included in the deferred revenue balance at the beginning of each reporting period. The Company expects to recognize as revenue these deferred revenue balances before the year 2026, when the services are performed and, therefore, satisfies its performance obligation to the customers.