Revenue Recognition

9 Months Ended

Sep. 30, 2020

Revenue Recognition And Deferred Revenue [Abstract]

Revenue Recognition

Note 7 – Revenue Recognition

Contract Balances

The Company has no material contract assets. The Company’s contract liabilities are comprised of material rights in the Automotive segment. The aggregate amount of transaction price allocated to material rights that remained unsatisfied as of September 30, 2020 was $205.  

Assets Recognized from the Costs to Obtain a Contract with a Customer

The Company recognizes an asset for the incremental costs of obtaining a contract with a customer if the benefits of those costs are expected to be realized for a period greater than one year. Total capitalized costs to obtain a contract were $1,812 and $1,893 as of

September 30, 2020 and December 31, 2019, respectively. These amounts are recorded in Other current assets and are being amortized into Product revenues over the expected production life of the program.