Revenue From Contracts With Customers (Tables)

9 Months Ended

Sep. 30, 2019

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table is a summary of net revenues by geographic area (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
Latin America	$	22,720	$	19,910	$	50,572	$	37,356
North America	12,182		13,095		32,984		25,452
Europe	8,335		8,202		24,850		19,811
Asia Pacific	2,744		3,718		8,287		11,581
Africa	2,874		1,121		7,541		8,362
Middle East	3,899		717		6,364		1,907
Commonwealth of Independent States	485		437		1,372		982
Total	$	53,239	$	47,200	$	131,970	$	105,451

Contract with Customer, Asset and Liability

The following table is a summary of unbilled receivables (in thousands):

	September 30, 2019		December 31, 2018
New Venture	$	22,373	$	38,430
Imaging Services	7,016		5,075
Devices	1,601		527
Total	$	30,990	$	44,032

The changes in unbilled receivables are as follows (in thousands):

Unbilled receivables at December 31, 2018	$	44,032
Recognition of unbilled receivables	125,586
Revenues billed to customers	(138,628		)
Unbilled receivables at September 30, 2019	$	30,990

The following table is a summary of deferred revenues (in thousands):

	September 30, 2019		December 31, 2018
New Venture	$	1,973	$	5,797
Imaging Services	1,219		307
Devices	1,018		626
Optimization Software & Services	1,100		980
Total	$	5,310	$	7,710

The changes in deferred revenues are as follows (in thousands):

Deferred revenue at December 31, 2018	$	7,710
Cash collected in excess of revenue recognized	3,984
Recognition of deferred revenue (a)	(6,384		)
Deferred revenue at September 30, 2019	$	5,310

^(a) The majority of deferred revenue recognized relates to Company’s Ventures group.