Quarterly report pursuant to Section 13 or 15(d)

REVENUE RECOGNITION (Tables)

v3.23.2
REVENUE RECOGNITION (Tables)
6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregation Revenue
The Company has presented the disaggregated disclosures below which are useful to understand the composition of the Company’s revenue during the respective reporting periods shown below:
Three Months Ended Six Months Ended
($ in thousands) June 30, June 30,
2023 2022 2023 2022
IoT Connectivity*
$ 47,699  $ 43,814  $ 90,943  $ 86,867 
Hardware Sales 16,499  21,469  32,943  40,481 
Hardware Sales—bill-and-hold 2,273  1,646  4,470  4,070 
Deployment services, professional services, referral services and other 3,065  3,992  7,155  8,481 
Total $ 69,536  $ 70,921  $ 135,511  $ 139,899 
*Includes connectivity-related revenues from IoT Connectivity services and IoT Solutions services
Schedule of Revenue by Geographic Areas
Three Months Ended Six Months Ended
($ in thousands) June 30, June 30,
2023 2022 2023 2022
United States $ 56,709  $ 55,875  $ 106,759  $ 108,833 
Other countries 12,827  15,046  28,752  31,066 
Total $ 69,536  $ 70,921  $ 135,511  $ 139,899