| Schedule of Disaggregation of Revenue |
The following table disaggregates revenue by type of imagery & software analytical services and engineering & integration for the three and nine months ended September 30, 2021 and 2020:
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Three Months Ended September 30, |
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Nine Months Ended September 30, |
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|
2021 |
|
2020 |
|
2021 |
|
2020 |
|
|
(in thousands) |
|
(in thousands) |
| Imagery |
|
$ |
2,773 |
|
|
$ |
814 |
|
|
$ |
5,621 |
|
|
$ |
1,222 |
|
| Data, software and analytics |
|
3,756 |
|
|
4,720 |
|
|
12,023 |
|
|
12,038 |
|
| Engineering & integration |
|
1,408 |
|
|
(217) |
|
|
4,952 |
|
|
1,468 |
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| Total revenues |
|
$ |
7,937 |
|
|
$ |
5,317 |
|
|
$ |
22,596 |
|
|
$ |
14,728 |
|
The approximate revenue based on geographic location of customers is as follows for the three and nine months ended September 30, 2021 and 2020:
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Three Months Ended September 30, |
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Nine Months Ended September 30, |
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2021 |
|
2020 |
|
2021 |
|
2020 |
|
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(in thousands) |
|
(in thousands) |
| US |
|
$ |
6,704 |
|
|
$ |
3,875 |
|
|
$ |
19,063 |
|
|
$ |
11,853 |
|
| Middle East |
|
607 |
|
|
1,249 |
|
|
1,987 |
|
|
2,446 |
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| Asia |
|
343 |
|
|
183 |
|
|
1,113 |
|
|
397 |
|
| Other |
|
283 |
|
|
10 |
|
|
433 |
|
|
32 |
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| Total revenues |
|
$ |
7,937 |
|
|
$ |
5,317 |
|
|
$ |
22,596 |
|
|
$ |
14,728 |
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The following table disaggregates revenue for the three and nine months ended September 30, 2021 and 2020 by when control is transferred:
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|
Three Months Ended September 30, |
|
Nine Months Ended September 30, |
|
|
2021 |
|
2020 |
|
2021 |
|
2020 |
|
|
(in thousands) |
|
(in thousands) |
| Point in time |
|
$ |
3,104 |
|
|
$ |
2,128 |
|
|
$ |
7,565 |
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|
$ |
3,300 |
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| Over time |
|
4,833 |
|
|
3,189 |
|
|
15,031 |
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|
11,428 |
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| Total revenues |
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$ |
7,937 |
|
|
$ |
5,317 |
|
|
$ |
22,596 |
|
|
$ |
14,728 |
|
|
| Schedules of Concentration of Risk, by Risk Factor |
Revenue from significant customers for the three and nine months ended September 30, 2021 and 2020 is as follows:
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|
Three Months Ended September 30, |
|
Nine Months Ended September 30, |
|
|
2021 |
|
2020 |
|
2021 |
|
2020 |
|
|
(in thousands) |
|
(in thousands) |
| U.S. federal government and agencies |
|
$ |
6,590 |
|
|
$ |
3,831 |
|
|
$ |
18,897 |
|
|
$ |
11,699 |
|
| Commercial and other |
|
1,347 |
|
|
1,486 |
|
|
3,699 |
|
|
3,029 |
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| Total revenues |
|
$ |
7,937 |
|
|
$ |
5,317 |
|
|
$ |
22,596 |
|
|
$ |
14,728 |
|
As of September 30, 2021 and December 31, 2020, accounts receivable consisted of the following:
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September 30, |
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December 31, |
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2021 |
|
2020 |
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(in thousands) |
| U.S. federal government and agencies |
|
$ |
4,584 |
|
|
$ |
1,335 |
|
| Commercial and other |
|
325 |
|
|
1,568 |
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| Allowance for doubtful accounts |
|
— |
|
|
— |
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| Total accounts receivable |
|
$ |
4,909 |
|
|
$ |
2,903 |
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|