Subsequent Event |
6 Months Ended |
|---|---|
Jun. 30, 2025 | |
| Subsequent Events [Abstract] | |
| Subsequent Event | 11. SUBSEQUENT EVENT
On July 5, 2025, CSG terminated a master services agreement (the “MSA”) for one of our implementation projects in the Latin America region on the basis that the customer unlawfully renounced its obligations under the MSA. At this time, there is no work being performed on the project and CSG intends to pursue any and all available remedies.
During the six months ended June 30, 2025, we recognized $1.4 million in revenue related to this project. As of June 30, 2025, we had accounts receivable of $18.5 million ($1.4 million billed and $17.1 million unbilled) related to this project. As of the date of this filing, CSG does not believe there has been an impairment to the carrying values of the assets and believes such amounts are recoverable per the terms of the MSA or as a matter of common law. |