XML 33 R26.htm IDEA: XBRL DOCUMENT v3.20.1
Summary of significant accounting policies (Tables)
 12 Months Ended
Dec. 31, 2019
Summary of significant accounting policies [Abstract]  
Allowance for doubtful accounts
The following table summarizes the activity recorded in the valuation account for accounts receivable:

 
 
Year Ended December 31,
 
(In thousands)
 
2019
  
2018
  
2017
 
Balance, beginning of period
 
$
205
  
$
100
  
$
50
 
Additions charged to costs and expenses
  
39
   
105
   
50
 
Deductions
  
(23
)
  
-
   
-
 
Balance, end of period
 
$
221
  
$
205
  
$
100
 
Disaggregation of revenue
Disaggregation of revenue
The following table disaggregates our revenue by market-type, as we believe it best depicts how the nature, amount, timing and uncertainty of our revenue and cash flows are affected by economic factors.  Sales and usage-based taxes are excluded from revenues.

  
Year Ended
December 31, 2019
 
  
United States
  
International
  
Total
 
  
(In thousands)
 
Food Service Technology
 
$
5,522
  
$
582
  
$
6,104
 
POS Automation and Banking
  
5,714
   
44
   
5,758
 
Casino and Gaming
  
13,076
   
8,453
   
21,529
 
Lottery
  
1,290
   
1
   
1,291
 
Printrex
  
961
   
205
   
1,166
 
TransAct Services Group
  
8,769
   
1,131
   
9,900
 
Total net sales
 
$
35,332
  
$
10,416
  
$
45,748
 

  
Year Ended
December 31, 2018
 
  
United States
  
International
  
Total
 
  
(In thousands)
 
Food Service Technology
 
$
4,640
  
$
446
  
$
5,086
 
POS Automation and Banking
  
7,122
   
151
   
7,273
 
Casino and Gaming
  
17,518
   
9,075
   
26,593
 
Lottery
  
3,046
   
47
   
3,093
 
Printrex
  
1,028
   
269
   
1,297
 
TransAct Services Group
  
10,164
   
1,081
   
11,245
 
Total net sales
 
$
43,518
  
$
11,069
  
$
54,587
 

  
Year Ended
December 31, 2017
 
  
United States
  
International
  
Total
 
  
(In thousands)
 
Food Service Technology
 
$
4,488
  
$
374
  
$
4,862
 
POS Automation and Banking
  
7,596
   
309
   
7,905
 
Casino and Gaming
  
13,608
   
5,007
   
18,615
 
Lottery
  
8,626
   
1,179
   
9,805
 
Printrex
  
849
   
203
   
1,052
 
TransAct Services Group
  
13,553
   
519
   
14,072
 
Total net sales
 
$
48,720
  
$
7,591
  
$
56,311
 
Contract liabilities
Contract balances
Our contract liabilities consist of customer pre-payments and deferred revenue.  Customer prepayments are reported as “Accrued Liabilities” in current liabilities in the Condensed Consolidated Balance Sheets and represent customer payments made in advance of performance obligations in instances where credit has not been extended and is recognized as revenue when the performance obligation is complete.  Deferred revenue is reported separately in current liabilities and non-current liabilities and consists of our extended warranty contracts, technical support for our food service technology terminals, EPICENTRAL™ maintenance contracts and testing service contracts and prepaid software subscriptions for our BOHA! software applications, and is recognized as revenue as (or when) we perform under the contract.  The increase in current and non-current deferred revenue is primarily due to the sale of BOHA! software subscriptions, extended warranties and technical support for our food service technology terminals.  We do not have any contract asset balances as of December 31, 2019 or 2018.  During the year ended December 31, 2019, we recognized revenue of $0.4 million related to our contract liabilities as of December 31, 2018.  Total contract liabilities consist of the following:

  
December 31, 2019
  
December 31, 2018
 
  
(In thousands)
 
Customer pre-payments
 
$
232
  
$
50
 
Deferred revenue, current
  
700
   
384
 
Deferred revenue, non-current
  
219
   
265
 
Total contract liabilities
 
$
1,151
  
$
699
 
Concentration of risk
Accounts receivable from customers representing 10% or more of total accounts receivable were as follows:

 
 
December 31,
 
 
 
2019
  
2018
 
International Gaming Technology ("IGT")
  
15
%
  
21
%
Bally Technologies
  
10
%
  
6
%

Sales to customers representing 10% or more of total net sales were as follows:

 
 
Year Ended December 31,
 
 
 
2019
  
2018
  
2017
 
IGT
  
14
%
  
18
%
  
35
%
Product warranty liability
The following table summarizes the activity recorded in the accrued product warranty liability:

 
 
Year Ended December 31,
 
(In thousands)
 
2019
  
2018
  
2017
 
Balance, beginning of period
 
$
273
  
$
267
  
$
267
 
Warranties issued
  
181
   
269
   
259
 
Warranty settlements
  
(239
)
  
(263
)
  
(259
)
Balance, end of period
 
$
215
  
$
273
  
$
267