Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition from Contracts with Customers (Tables)

v3.19.1
Revenue Recognition from Contracts with Customers (Tables)
9 Months Ended
Mar. 31, 2019
Revenue from Contract with Customer [Abstract]  
Schedule of revenues of reportable segments

The following table summarizes the revenues of the Company’s reportable segments for the three months ended March 31, 2019:

 

   

Foundry
Fabrication

Services
Revenue

    Product Sales
Revenue
   

Total Revenue
with

Customers

 
MEMS     $ 30,490           $ 30,490  
NRE - RF Filters       128,628             128,628  
Filters/Amps             78,345       78,345  
Total     $ 159,118     $ 78,345     $ 237,463  

 

The following table summarizes the revenues of the Company’s reportable segments for the nine months ended March 31, 2019:

 

   

Foundry
Fabrication

Services
Revenue

    Product Sales
Revenue
   

Total Revenue
with

Customers

 
MEMS     $ 174,899           $ 174,899  
NRE – RF Filters       392,071             392,071  
Filters/Amps             197,318       197,318  
Total     $ 566,970     $ 197,318     $ 764,288  
Schedule of changes in revenue recognition

The following table summarizes the changes in revenue recognition for the nine months ended March 31, 2019:

  

    Deferred Revenue  
Balance, June 30, 2018   $ 52,938  
Revenue recognized from prior year     (52,938 )
Year to date invoicing in excess of revenue recognition     3,920  
Balance, March 31, 2019   $ 3,920  
Schedule of changes in contract assets

The following table summarizes the changes in contract assets, included in Other current assets on the Condensed Consolidated Balance Sheet, for the nine months ended March 31, 2019:

  

    Contract
assets
 
Balance, June 30, 2018   $ 6,612  
YTD revenue recognition in excess of billings     57,459  
Balance, March 31, 2019   $ 64,071