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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2023
Disaggregation of Revenue [Abstract]  
Summary of Disaggregates of Revenue, Geographic Area and Source

The following table disaggregates our sources of revenues for the years indicated (ended December 31):

 

 

 

2023

 

 

2022

 

Boom trucks and knuckle boom cranes

 

$

174,878

 

 

$

145,713

 

Aerial platforms

 

 

33,951

 

 

 

38,236

 

Part and merchandise sales

 

 

30,553

 

 

 

32,365

 

Rental

 

 

25,298

 

 

 

18,441

 

Other equipment

 

 

22,895

 

 

 

34,377

 

Services

 

 

3,814

 

 

 

4,722

 

Net revenue

 

$

291,389

 

 

$

273,854

 

The Company attributes revenue to different geographic areas based on where items are shipped to or services are performed. The following table provides details of revenues by geographic area for the years ended December 31, 2023 and 2022, respectively.

 

 

 

2023

 

 

2022

 

United States

 

$

136,224

 

 

$

141,709

 

Italy

 

 

53,272

 

 

 

36,345

 

Canada

 

 

24,889

 

 

 

21,956

 

Chile

 

 

15,471

 

 

 

11,872

 

France

 

 

9,536

 

 

 

10,404

 

Other

 

 

51,997

 

 

 

51,568

 

 

$

291,389

 

 

$

273,854

 

Summary of Changes in Customer Deposits

The following table summarizes changes in customer deposits for the years ended December 31, 2023 and 2022:

 

 

 

2023

 

 

2022

 

Customer deposits at January 1,

 

$

3,407

 

 

$

7,121

 

Additional customer deposits received where revenue has not
   yet been recognized

 

 

8,612

 

 

 

13,073

 

Revenue recognized from customer deposits

 

 

(9,557

)

 

 

(16,372

)

Effect of change in exchange rates

 

 

(78

)

 

 

(415

)

Customer deposits at December 31,

 

$

2,384

 

 

$

3,407