General form of registration statement for all companies including face-amount certificate companies

Revenue Recognition (Tables)

v3.21.2
Revenue Recognition (Tables)
 9 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]    
Summary of Disaggregation Revenue
The Company views the following disaggregated disclosures as useful to understand the composition of revenue recognized during the respective three-month and nine-month reporting periods:
 
 
  
Three months ended
September 30,
 
  
Nine months ended
September 30,
 
(in ‘000)
  
2021
 
  
2020
 
  
2021
 
  
2020
 
Connectivity*
    $ 40,738      $ 37,932      $ 122,444      $ 111,583  
Hardware Sales
      19,221        9,345        40,602        23,276  
Hardware Sales -
bill-and-hold
      229        2,476        3,451        5,908  
Deployment services, professional services and other
      7,690        5,504        17,422        15,530  
    
 
 
     
 
 
     
 
 
     
 
 
  
Total
   
$
67,878
 
   
$
55,257
 
   
$
183,919
 
   
$
156,297
 
    
 
 
     
 
 
     
 
 
     
 
 
  
 
*
Includes connectivity-related revenue from IoT Connectivity and IoT Solutions
The Company views the following disaggregated disclosures as useful to understanding the composition of revenue recognized during the respective reporting periods:
 
(in ‘000)
   
December 31,
2020
     
December 31,
2019
  
Connectivity*
    $ 152,996      $ 147,927  
Hardware Sales
      29,601        8,767  
Hardware Sales –
bill-and-hold
      11,314        960  
Deployment services, professional services and other
      19,849        11,498  
    
 
 
     
 
 
  
Total
   
$
213,760
 
   
$
169,152