Stratasys Ltd. Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Revenues (Tables)

Revenues (Tables)

3 Months Ended

Mar. 31, 2020

The following table presents the Company’s revenues disaggregated by geographical region (based on the Company's customers' locations) and revenue types for the three months ended March 31, 2020 and 2019:

	Three months ended March 31,
	2020		2019
	(U.S. $ in thousands)
Americas
Products	$	48,244	$	58,054
Service		38,329		38,444
Total Americas		86,573		96,498

EMEA
Products		20,747		28,085
Service		6,173		6,698
Total EMEA		26,920		34,783

Asia Pacific
Products		14,181		18,952
Service		5,233		5,067
Total Asia Pacific		19,414		24,019

Total Revenues	$	132,907	$	155,300

Schedule of Disaggregation of Revenues Based on Time

The following table presents the Company’s revenues disaggregated based on the timing of revenue recognized for the three months ended March 31, 2020 and 2019:

	Three months ended March 31,
	2020		2019
	(U.S. $ in thousands)
Revenues recognized in point in time from:
Products	$	83,172	$	105,091
Services		10,644		31,435
Total revenues recognized in point in time		93,816		136,526

Revenues recognized over time from:
Services		39,091		18,774
Total revenues recognized over time		39,091		18,774

Total Revenues	$	132,907	$	155,300

Schedule of Changes in Deferred Revenue

Contract liabilities include advance payments and billings in excess of revenue recognized, which are primarily related to advanced billings for service type warranty. Contract liabilities are presented under deferred revenues. The Company's deferred revenues as of March 31, 2020 and December 31, 2019 were as follows:

	March 31, 2020	December 31, 2019
	U.S. $ in thousands
Deferred revenues*	65,816	68,307

*Includes $14.5 million and $16.0 million under long term deferred revenues in the Company's consolidated balance sheets as of March 31, 2020 and December 31, 2019, respectively.