Schedule of Revenue |
The following table presents our revenues disaggregated by revenue type: | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended June 30, | | For the Six Months Ended June 30, | (Dollars in thousands) | 2025 | | 2024 | | 2025 | | 2024 | | | | | | | | | Revenue: | | | | | | | | Paging revenue | $ | 17,192 | | | $ | 17,633 | | | $ | 34,799 | | | $ | 35,603 | | Product and other revenue | 1,248 | | | 664 | | | 2,115 | | | 1,289 | | Wireless revenue | $ | 18,440 | | | $ | 18,297 | | | $ | 36,914 | | | $ | 36,892 | | | | | | | | | | License | $ | 2,394 | | | $ | 1,697 | | | $ | 5,025 | | | $ | 4,323 | | Professional services - projects | 3,831 | | | 3,682 | | | 8,302 | | | 7,243 | | Professional services - managed services | 1,520 | | | 604 | | | 2,835 | | | 1,068 | | Hardware | 376 | | | 334 | | | 697 | | | 718 | | | | | | | | | | | | | | | | | | Maintenance and subscription | 9,125 | | | 9,368 | | | 18,207 | | | 18,647 | | Software revenue | $ | 17,246 | | | $ | 15,685 | | | $ | 35,066 | | | $ | 31,999 | | Total revenue | $ | 35,686 | | | $ | 33,982 | | | $ | 71,980 | | | $ | 68,891 | |
Revenue generated in the United States and internationally consisted of the following for the periods stated: | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended June 30, | | For the Six Months Ended June 30, | (Dollars in thousands) | 2025 | | 2024 | | 2025 | | 2024 | | | | | | | | | United States | $ | 35,104 | | | $ | 33,302 | | | $ | 70,667 | | | $ | 67,444 | | International | 582 | | | 680 | | | 1,313 | | | 1,447 | | Total revenue | $ | 35,686 | | | $ | 33,982 | | | $ | 71,980 | | | $ | 68,891 | |
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Schedule of Deferred Revenue |
Changes in the balance of total deferred revenue during the six months ended June 30, 2025, are as follows: | | | | | | | | | | | | | | | | | | | | | | | | (Dollars in thousands) | December 31, 2024 | | Additions | | Revenue Recognized | | June 30, 2025 | | | | | | | | | Deferred Revenue | $ | 28,939 | | | $ | 35,527 | | | $ | (35,004) | | | $ | 29,462 | |
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Schedule of Deferred Commissions |
Changes in the balance of total prepaid commissions during the six months ended June 30, 2025 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | (Dollars in thousands) | December 31, 2024 | | Additions | | Commissions Recognized | | June 30, 2025 | | | | | | | | | Prepaid Commissions | $ | 3,322 | | | $ | 2,407 | | | $ | (1,935) | | | $ | 3,794 | |
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