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Revenue from Contracts with Customers (Tables)
6 Months Ended
Dec. 31, 2019
Revenue From Contract With Customer [Abstract]  
Disaggregated Revenue by Geographic Region, Product Lines, and Timing of Recognition

The following tables summarizes the Company’s disaggregated revenue, based on its shipping location (in thousands):

 

 

 

Three Months Ended December 31,

 

 

Six Months Ended December 31,

 

Geographic Region:

 

2019

 

 

2018

 

 

2019

 

2018

 

Americas Sales

 

$

6,875

 

 

$

6,992

 

 

$

13,042

 

$

15,371

 

Europe Sales

 

 

8,455

 

 

 

8,871

 

 

 

15,575

 

 

17,653

 

Asia Sales

 

 

3,802

 

 

 

5,690

 

 

 

8,365

 

 

9,971

 

Total Net Sales

 

$

19,132

 

 

$

21,553

 

 

$

36,982

 

$

42,995

 

 

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

 

 

 

Three Months Ended December 31,

 

 

Six Months Ended December 31,

 

Product Lines

 

2019

 

 

2018

 

 

2019

 

2018

 

Measurement Solutions

 

$

17,592

 

 

$

19,500

 

 

$

33,760

 

$

39,408

 

3D Scanning Solutions

 

 

514

 

 

 

982

 

 

 

1,459

 

 

1,712

 

Value Added Service

 

 

1,026

 

 

 

1,071

 

 

 

1,763

 

 

1,875

 

Total Net Sales

 

$

19,132

 

 

$

21,553

 

 

$

36,982

 

$

42,995

 

The following table summarizes the Company’s revenue categories for the three and six months ended December 31, 2019 (in thousands):

 

 

 

Three Months Ended December 31,

 

 

Six Months Ended December 31,

 

Timing of Revenue Recognition

 

2019

 

2018

 

 

2019

 

2018

 

Goods transferred at a point of time

 

$

13,542

 

$

16,581

 

 

$

26,718

 

$

31,781

 

Services transferred over time

 

 

5,590

 

 

4,972

 

 

 

10,264

 

 

11,214

 

Total Net Sales

 

$

19,132

 

$

21,553

 

 

$

36,982

 

$

42,995

 

 

Summary of Remaining Unsatisfied Performance Obligations

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

 

Years Ending June 30,

 

Amount

 

2020 (excluding the six months ended December 31, 2019)

 

$

10,771

 

2021

 

 

3,508

 

2022

 

 

378

 

2023

 

 

-

 

2024

 

 

-

 

after 2024

 

 

-

 

Total

 

$

14,657