Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.22.2.2
Revenue Recognition (Tables)
6 Months Ended
Sep. 30, 2022
Revenue Recognition  
Schedule of disaggregated revenue by business group

The following table presents disaggregated revenue by business group (in thousands):

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​

​

​

​

​

​

​

​

Six Months Ended September 30,

​

    

2022

    

2021

Microturbine Products

​

$

19,344

​

$

16,664

Accessories

​

​

426

​

​

190

Total Product and Accessories

​

​

19,770

​

​

16,854

Parts and Service

​

 

19,657

​

 

16,424

Total Revenue

​

$

39,427

​

$

33,278

Summary of geographic revenue information based on primary operation location of customer

The following table presents disaggregated revenue by geography based on the primary operating location of the Company’s customers (in thousands):

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​

​

​

​

​

​

​

​

​

Six Months Ended September 30,

​

    

2022

    

2021

United States

​

$

25,788

​

$

15,174

Mexico

​

 

1,054

​

 

1,584

All other North America

​

 

1,229

​

 

447

Total North America

​

 

28,071

​

 

17,205

Russia

​

 

1,294

​

 

2,206

All other Europe

​

​

5,804

​

​

5,612

Total Europe

​

​

7,098

​

​

7,818

Asia

​

 

1,199

​

 

823

Australia

​

 

2,051

​

 

3,342

All other

​

 

1,008

​

 

4,090

Total Revenue

​

$

39,427

​

$

33,278

Schedule of changes in deferred revenue million. Changes in deferred revenue during the six months ended September 30, 2022 are as follows (in thousands):

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​

​

​

​

​

FPP Balance, beginning of the period

​

$

4,544

​

FPP Billings

​

 

9,698

​

FPP Revenue recognized

​

 

(9,632)

​

Balance attributed to FPP contracts

​

 

4,610

​

DSS Program

​

​

1,243

​

Deposits

​

 

5,748

​

Deferred revenue balance, end of the period

​

$

11,601

​