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Revenue (Tables)
9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregated Revenue from Contracts with Customers by Nature of Products and Services

The following table provides information about disaggregated revenue from contracts with customers by the nature of products and services provided (in thousands):

 

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

EEG recorders and EEG headbands, point in time

 

$

13,321

 

 

$

8,764

 

 

$

35,932

 

 

$

24,561

 

EEG portal and Clarity subscriptions, over time

 

 

3,874

 

 

 

2,847

 

 

 

10,978

 

 

 

7,533

 

Total Revenue

 

$

17,195

 

 

$

11,611

 

 

$

46,910

 

 

$

32,094

 

Summary of Capitalized Contract Costs

The following table provides the breakdown of capitalized contract costs (in thousands):

 

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Contract cost balance beginning of the period

 

$

2,890

 

 

$

2,558

 

 

$

2,753

 

 

$

1,981

 

Contract costs capitalized during the year

 

 

681

 

 

 

569

 

 

 

1,744

 

 

 

1,820

 

Contract costs amortized during the year

 

 

(521

)

 

 

(422

)

 

 

(1,447

)

 

 

(1,096

)

Contract Costs as of period end

 

$

3,050

 

 

$

2,705

 

 

$

3,050

 

 

$

2,705

 

Summary of Contract Liabilities

The following table provides the breakdown of contract liabilities (in thousands):

 

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Contract Liabilities balance beginning of the period

 

$

349

 

 

$

334

 

 

$

250

 

 

$

343

 

Additional Contract Liabilities revenue during the period

 

 

90

 

 

 

265

 

 

 

704

 

 

 

623

 

Contract Liabilities balance recognized during the period

 

 

(301

)

 

 

(359

)

 

 

(816

)

 

 

(726

)

Balance as of period end

 

$

138

 

 

$

240

 

 

$

138

 

 

$

240