Revenue from Contracts with Customers

3 Months Ended

Sep. 30, 2019

Revenue From Contract With Customer [Abstract]

Revenue from Contracts with Customers

5.Revenue from Contracts with Customers

Disaggregated Revenue

The following tables summarizes our disaggregated revenue, based on our shipping location (in thousands):

	Three Months Ended September 30,
Geographic Region:	2019		2018
Americas Sales	$	6,167	$	8,379
Europe Sales		7,120		8,782
Asia Sales		4,563		4,281
Total Net Sales	$	17,850	$	21,442

Sales by our product lines are as follows (in thousands):

	Three Months Ended September 30,
Product Lines	2019		2018
Measurement Solutions	$	16,168	$	19,908
3D Scanning Solutions		945		730
Value Added Service		737		804
Total Net Sales	$	17,850	$	21,442

The following table summarizes our revenue categories for the three months ended September 30, 2019 (in thousands):

	Three Months Ended September 30,
Timing of Revenue Recognition	2019		2018
Goods transferred at a point of time	$	13,176	$	15,200
Services transferred over time		4,674		6,242
Total Net Sales	$	17,850	$	21,442

Remaining Performance Obligations

The estimated recognition of our remaining unsatisfied performance obligations beyond one year is as follows (in thousands):

Years Ending June 30,	Amount
2020 (excluding the three months ended September 30, 2019)	$	14,866
2021		1,663
2022		1,026
2023		-
2024		-
after 2024		-
Total	$	17,555

Contract Balances

Deferred commissions – Our incremental direct costs of obtaining a contract, which consist primarily of sales commissions, are deferred and amortized based on the timing of revenue recognition over the period of contract performance.  As of September 30, 2019, capitalized commissions of $198,000 were included in “Other current assets” on our Consolidated Balance Sheet.  Commission expense recognized during the three months ended September 30, 2019 and 2018, was $190,000 and $253,000, respectively, is included in “Selling, general and administrative expense” in our Consolidated Statement of Operations.

The change in our net Unbilled receivables / (Deferred revenue) from July 1, 2019 to September 30, 2019 was primarily due to the amount of revenue recognized as we satisfied performance obligations during the three months ended September 30, 2019, partially offset by the amount and timing of invoicing during that same timeframe related to our Measurement Solutions and 3D Scanning Solutions.  During the three months ended September 30, 2019, we recognized revenue of $3,573,000 that was included in “Deferred revenue” at July 1, 2019. During the three months ended September 30, 2018, we recognized revenue of $3,331,000 that was included in ‘Deferred revenue’ at July 1, 2018.