Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition from Contracts with Customers (Tables)

v3.23.3
Revenue Recognition from Contracts with Customers (Tables)
3 Months Ended
Sep. 30, 2023
Revenue Recognition from Contracts with Customers [Abstract]  
Schedule of Company’s Reportable Segments by Geographic Region The following table summarizes the revenues of the Company’s reportable segments by geographic region for the three months ended September 30, 2023 (in thousands):
    Fabrication
Services
Revenue
    Product Sales
Revenue
    Total Revenue
with
Customers
 
Americas   $ 2,282     $ 716     $ 2,998  
Asia     269       3,045       3,314  
Europe     103       587       690  
Total   $ 2,654     $ 4,348     $ 7,002  

 

The following table summarizes the revenues of the Company’s reportable segments by geographic region for the three months ended September 30, 2022 (in thousands):
  Fabrication
Services
Revenue
    Product Sales
Revenue
    Total Revenue
with
Customers
 
Americas   $    706     $ 913     $ 1,619  
Asia     227       3,075       3,302  
Europe    
      635       635  
Other    
      10       10  
Total   $ 933     $ 4,633     $ 5,566  
Schedule of Changes in the Opening and Closing Balances The following table summarizes the changes in the opening and closing balances of the Company’s contract asset (included in Other current assets on the Consolidated Balance Sheet) and contract liability (included as Deferred revenue on the Consolidated Balance Sheet) for the first three months of fiscal years 2024 and 2023 (in thousands):
    Contract
Assets
    Contract
Liability
 
Balance, June 30, 2023   $ 1,894     $ 105  
Closing, September 30, 2023     720       312  
Increase/(Decrease)   $ (1,174 )   $ 207  
                 
Balance, June 30, 2022   $ 923     $ 286  
Closing, September 30, 2022     1,661       147  
Increase/(Decrease)   $ 738     $ (139 )