Note 6 - Revenue |
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| Revenue from Contract with Customer [Text Block] |
6. Revenue
The Company’s revenue is primarily generated through the sale and subscription of the EksoNR, Ekso Indego Therapy, and Ekso Indego Personal devices, along with the sale of support and maintenance contracts. Revenue from device product sales is recognized at the point in time when control of the product transfers to the customer. Transfer of control generally occurs upon shipment from the Company’s facility for sales of these devices. Support and maintenance contracts extend coverage beyond the Company’s standard warranty agreements ranging from 12 to 48 months. Revenue is recognized evenly over the term of the contracts. Revenue from medical device subscriptions is recognized evenly over the contract term, typically over 24 months.
Deferred Revenue
Deferred revenue is comprised mainly of unearned revenue related to extended support and maintenance contracts, but also includes other offerings for which the Company has been paid in advance and earns revenue when the Company transfers control of the product or service.
Deferred revenue consisted of the following:
Deferred revenue activity consisted of the following for the six months ended June 30, 2025:
The Company expects to recognize approximately $1,132 of the deferred revenue during the remainder of $1,206 in and $1,159 .
In addition to deferred revenue, the Company has a non-cancellable backlog of $3,256 expected to be recognized across 2025 and 2026, which includes customer orders received but not fulfilled and other ancillary products and services of $3,009, and contracts for subscription units of $247.
Disaggregation of Revenue
The following table disaggregates the Company’s revenue by major source for the three months ended June 30, 2025:
The following table disaggregates the Company’s revenue by major source for the three months ended June 30, 2024:
The following table disaggregates the Company’s revenue by major source for the six months ended June 30, 2025:
The following table disaggregates the Company’s revenue by major source for the six months ended June 30, 2024:
The Company operates in the following regions: (1) Americas, (2) Europe, the Middle East, and Africa ("EMEA"), and (3) Asia Pacific ("APAC"). Individual countries with revenue greater than 10% of total revenue for the three and six months ended June 30, 2025 and 2024 are disclosed separately from the regional totals. Geographic information for revenue based on location of customers is as follows:
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