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Revenue
9 Months Ended
Sep. 30, 2019
Revenue  
Revenue

3. Revenue

 

The Company sells the majority of its products to its distributors, but also to original equipment manufacturers (OEMs).  The Company also recognizes revenue under licensing and royalty agreements with some customers.  The following table presents the Company’s revenues disaggregated by sales channel (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 

 

Nine Months Ended September 30, 

 

 

    

2019

    

2018

    

2019

    

2018

 

Distributor

 

$

5,720

 

$

9,692

 

$

18,469

 

$

26,223

 

Non-distributor

 

 

3,458

 

 

1,826

 

 

9,381

 

 

10,913

 

Total revenue

 

$

9,178

 

$

11,518

 

$

27,850

 

$

37,136

 

 

The following table presents the Company’s revenues disaggregated by timing of recognition (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 

 

Nine Months Ended September 30, 

 

 

    

2019

    

2018

    

2019

    

2018

 

Point in time

 

$

8,525

 

$

10,613

 

$

26,156

 

$

34,729

 

Over time

 

 

653

 

 

905

 

 

1,694

 

 

2,407

 

Total revenue

 

$

9,178

 

$

11,518

 

$

27,850

 

$

37,136

 

 

The following table presents the Company’s revenues disaggregated by type (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 

 

Nine Months Ended September 30, 

 

 

    

2019

    

2018

    

2019

    

2018

 

Product sales

 

$

8,370

 

$

10,469

 

$

25,396

 

$

29,283

 

License fees

 

 

 —

 

 

 —

 

 

 —

 

 

5,000

 

Royalties

 

 

155

 

 

144

 

 

760

 

 

446

 

Other revenue

 

 

653

 

 

905

 

 

1,694

 

 

2,407

 

Total revenue

 

$

9,178

 

$

11,518

 

$

27,850

 

$

37,136

 

 

The Company recognizes revenue in three primary geographic regions: North America; Europe, Middle East and Africa (EMEA); and Asia-Pacific and Japan (APJ). The following table presents the Company’s revenues disaggregated by the geographic region to which the product is delivered or licensee is located (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 

 

Nine Months Ended September 30, 

 

 

    

2019

    

2018

    

2019

    

2018

 

North America

 

$

1,527

 

$

2,104

 

$

7,244

 

$

6,214

 

EMEA

 

 

2,048

 

 

2,749

 

 

6,776

 

 

7,896

 

APJ

 

 

5,603

 

 

6,665

 

 

13,830

 

 

23,026

 

Total revenue

 

$

9,178

 

$

11,518

 

$

27,850

 

$

37,136