XML 37 R26.htm IDEA: XBRL DOCUMENT v3.22.4
Revenue (Tables)
12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue from Contracts with Customers
The following tables represent a disaggregation of revenue from contracts with customers for fiscal 2022 and 2021.
Major Products and Service Lines
 
    
2022
    
2021
 
    
(in thousands)
 
    
HDD
    
DCP
    
PV
    
ASP
    
Total
    
HDD
    
DCP
    
PV
    
ASP
    
Total
 
Systems, upgrades and spare parts
   $ 29,507      $ 1      $ 273      $ 100      $ 29,881      $ 28,300      $ 3      $ 258      $ 3,850      $ 32,411  
Field service
     5,647        43        190        —          5,880        6,031        14        68        —          6,113  
    
 
    
 
    
 
    
 
    
 
    
 
    
 
    
 
    
 
    
 
 
Total net revenues
   $ 35,154      $ 44      $ 463      $ 100      $ 35,761      $ 34,331      $ 17      $ 326      $ 3,850      $ 38,524  
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Primary Geography Markets
 
    
2022
    
2021
 
    
(in thousands)
 
United States
   $ 4,558      $ 3,670  
Asia
     31,103        31,004  
Europe
     100        3,850  
    
 
 
    
 
 
 
Total net revenues
   $ 35,761      $ 38,524  
    
 
 
    
 
 
 
Timing of Revenue Recognition
 
    
2022
    
2021
 
    
(in thousands)
 
Products transferred at a point in time
   $ 35,761      $ 38,524  
Products and services transferred over time
     —          —    
    
 
 
    
 
 
 
Total net revenues
   $ 35,761      $ 38,524  
    
 
 
    
 
 
 
Changes in Contract Assets and Contract Liabilities
The following table reflects the changes in our contract assets, which we classify as accounts receivable, unbilled or retainage and our contract liabilities which we classify as deferred revenue and customer advances for fiscal 2022:
 
    
December 31,
2022
    
January 1,
2022
    
Change
 
    
(In thousands)
 
Contract assets:
                          
Accounts receivable, unbilled
   $ 424      $ 99      $ 325  
    
 
 
    
 
 
    
 
 
 
Contract liabilities:
                          
Deferred revenue
   $ 2,446      $ 65      $ 2,381  
Customer advances
     24,659        2,107        22,552  
    
 
 
    
 
 
    
 
 
 
     $ 27,105      $ 2,172      $ 24,933