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Revenue, Net (Tables)
3 Months Ended
Mar. 31, 2020
Revenue, Net [Abstract]  
Schedule Of Net Revenue By Market







 

 

 

 

 

 

 

 

Timing of revenue recognition for the three months ended March 31, 2020:



 

Products and services transferred at point in time

 

 

Products and services transferred over time

 

 

Total

   Medical:

 

 

 

 

 

 

 

 

      Diabetes

$

 -

 

$

13,530 

 

$

13,530 

      Other Medical (a)

 

1,820 

 

 

1,008 

 

 

2,828 

  Hearing Health:

 

 

 

 

 

 

 

 

      Value Based DTEC

 

1,173 

 

 

 -

 

 

1,173 

      Value Based ITEC

 

744 

 

 

 -

 

 

744 

      Legacy OEM

 

1,964 

 

 

 -

 

 

1,964 

  Professional Audio Communications:

 

1,264 

 

 

 -

 

 

1,264 

Total Revenue, net

$

6,965 

 

$

14,538 

 

$

21,503 

(a) During the quarter ended March 31, 2020, we recorded a cumulative adjustment of $1.2 million to reduce revenue within our other medical market to correct an error related to prior periods as a result of our determination that a portion of our sales being recognized over time needed to be recognized at a point in time. The adjustment included a reduction of the related cost of goods sold of $0.8 million and related impacts to reduce the contract asset and an increase to inventory. The adjustment was not material to our Consolidated Financial Statements for any quarterly or annual period.



 

 

 

 

 

 

 

 

Timing of revenue recognition for the three months ended March 31, 2019:



 

 

 

 

 

 

 

 



 

Products and services transferred at point in time

 

 

Products and services transferred over time

 

 

Total

   Medical:

 

 

 

 

 

 

 

 

      Diabetes

$

 -

 

$

17,164 

 

$

17,164 

      Other Medical

 

 -

 

 

3,629 

 

 

3,629 

  Hearing Health:

 

 

 

 

 

 

 

 

      Value Based DTEC

 

1,630 

 

 

 -

 

 

1,630 

      Value Based ITEC

 

2,577 

 

 

 -

 

 

2,577 

      Legacy OEM

 

2,803 

 

 

 -

 

 

2,803 

  Professional Audio Communications:

 

1,767 

 

 

 -

 

 

1,767 

Total Revenue, net

$

8,777 

 

$

20,793 

 

$

29,570