Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition

v3.20.2
Revenue Recognition
9 Months Ended
Sep. 30, 2020
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Disaggregation of Revenue

Revenue is disaggregated by source of revenue as follows (in thousands):
Successor Company Predecessor Company
Three Months Ended September 30, Period from September 1, 2019 through September 30, Period from July 1, 2019 through August 31,
2020 2019 2019
Alarm monitoring revenue $ 119,164  $ 33,594  $ 78,608 
Product, installation and service revenue 10,506  2,224  4,993 
Other revenue 1,182  471  988 
Total Net revenue $ 130,852  $ 36,289  $ 84,589 

Successor Company Predecessor Company
Nine Months Ended September 30, Period from September 1, 2019 through September 30, Period from January 1, 2019 through August 31,
2020 2019 2019
Alarm monitoring revenue $ 340,235  $ 33,594  $ 319,172 
Product, installation and service revenue 30,513  2,224  19,111 
Other revenue 3,487  471  4,003 
Total Net revenue $ 374,235  $ 36,289  $ 342,286 

Contract Balances

The following table provides information about receivables, contract assets and contract liabilities from contracts with customers (in thousands):
September 30,
2020
December 31,
2019
Trade receivables, net $ 10,854  $ 12,083 
Contract assets, net - current portion (a) $ 13,490  $ 12,070 
Contract assets, net - long-term portion (b) $ 14,827  $ 14,852 
Deferred revenue $ 11,065  $ 12,008 

(a)  Amount is included in Prepaid and other current assets in the unaudited condensed consolidated balance sheets.
(b)  Amount is included in Other assets in the unaudited condensed consolidated balance sheets.