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

Revenue Recognition (Tables)

v3.21.2
Revenue Recognition (Tables) - SHAPEWAYS, INC
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Summary of amount disaggregated by revenue

Six Months Ended June 30, 

    

2021

    

2020

Major products/service lines:

Direct sales

$

13,083

$

10,833

Marketplace sales

 

4,399

 

3,969

Software

 

156

 

119

Total revenue

$

17,638

$

14,921

Timing of revenue recognition:

 

  

 

  

Products transferred at a point in time

$

4,399

$

3,969

Products and services transferred over time

 

13,239

 

10,952

Total revenue

$

17,638

$

14,921

Year Ended December 31, 

    

2020

    

2019

Major products and service lines:

Direct sales

$

23,656

$

27,119

Marketplace sales

 

7,955

 

6,392

Other

 

164

 

Total revenue

$

31,775

$

33,511

Timing of revenue recognition:

 

  

 

  

Products transferred at a point in time

$

7,955

$

6,392

Products and services transferred over time

 

23,820

 

27,119

Total revenue

$

31,775

$

33,511

Summary of deferred revenue activity

    

Deferred Revenue

Balance at January 1, 2021

$

753

Deferred revenue recognized during period

 

(17,636)

Additions to deferred revenue during period

 

17,509

Balance at June 30, 2021

$

626

December 31, 

    

2020

    

2019

Deferred revenue at beginning of period

$

425

$

777

Deferred revenue recognized during period

 

(31,823)

 

(33,658)

Additions to deferred revenue during period

 

32,151

 

33,306

Deferred revenue at end of period

$

753

$

425