Quarterly report [Sections 13 or 15(d)]

Revenue Recognition (Tables)

v3.26.1
Revenue Recognition (Tables)
3 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of disaggregated revenue by business group

Three Months Ended June 30,

  ​ ​ ​

2026

  ​ ​ ​

2025

Microturbine Products

$

12,794

$

15,366

Accessories

170

354

Total Product and Accessories

12,964

15,720

Parts and Services

9,722

7,938

Total ASC 606 Revenue

22,686

23,658

Rentals

 

2,237

 

4,213

Total ASC 842 Revenue

2,237

4,213

Total Revenue

$

24,923

$

27,871

 

Schedule of disaggregated revenue by geography based on the primary operating location

Three Months Ended June 30,

  ​ ​ ​

2026

  ​ ​ ​

2025

United States

$

17,521

$

22,956

Mexico

 

1,809

1,206

All other North America

 

64

 

119

Total North America

 

19,394

 

24,281

Europe

1,727

2,016

Asia

 

1,107

 

560

Australia

 

330

 

491

All other

 

2,365

 

523

Total Revenue

$

24,923

$

27,871

 

Schedule of changes in deferred revenue

  ​ ​

Three Months Ended June 30,

2026

2025

Opening balance, beginning of the period

$

10,688

$

13,949

Closing balance, end of the period

$

13,600

$

10,727

Revenue recognized in the period from:

 

Amounts included in deferred revenue at the beginning of the period

$

2,600

$

6,821