Net Operating Revenue (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Net Operating Revenue [Abstract] |
|
| Schedule of Net Operating Revenue |
Below is a summary of net
operating revenue for the years ended December 31, 2025, 2024 and 2023:
| | |
2025 | | |
2024 | | |
2023 | |
| Gross operating revenue | |
| 212,135 | | |
| 206,739 | | |
| 181,725 | |
| Revenue deductions: | |
| | | |
| | | |
| | |
| Cancellations and returns | |
| (2,658 | ) | |
| (1,777 | ) | |
| (1,353 | ) |
| Taxes on services | |
| (12,739 | ) | |
| (11,680 | ) | |
| (11,387 | ) |
| Total revenue deductions | |
| (15,397 | ) | |
| (13,457 | ) | |
| (12,740 | ) |
| Net operating revenue | |
| 196,738 | | |
| 193,282 | | |
| 168,985 | |
|
| Schedule of Disaggregation of Net Operating Revenue |
Disaggregation of net operating
revenue for the years ended December 31, 2025, 2024 and 2023 is as follows:
| | |
2025 | | |
2024 | | |
2023 | |
| Platform subscription service | |
| 193,032 | | |
| 187,109 | | |
| 158,678 | |
| Cancellations, returns and taxes on services | |
| (13,683 | ) | |
| (11,989 | ) | |
| (10,692 | ) |
| Revenue from platform subscription service | |
| 179,349 | | |
| 175,120 | | |
| 147,986 | |
| Data analytics service | |
| 14,266 | | |
| 10,650 | | |
| 13,422 | |
| Cancellations, returns and taxes on services | |
| (1,450 | ) | |
| (1,062 | ) | |
| (1,478 | ) |
| Revenue from data analytics service | |
| 12,816 | | |
| 9,588 | | |
| 11,944 | |
| Set-up and service | |
| 3,649 | | |
| 7,593 | | |
| 8,661 | |
| Cancellations, returns and taxes on services | |
| (196 | ) | |
| (326 | ) | |
| (514 | ) |
| Revenue from set-up and service | |
| 3,453 | | |
| 7,267 | | |
| 8,147 | |
| Other revenue | |
| 1,188 | | |
| 1,386 | | |
| 963 | |
| Cancellations, returns and taxes on services | |
| (68 | ) | |
| (79 | ) | |
| (55 | ) |
| Other revenue | |
| 1,120 | | |
| 1,307 | | |
| 908 | |
| Total net operating revenue | |
| 196,738 | | |
| 193,282 | | |
| 168,985 | |
|
| Schedule of Contract Asset Activity |
The contract asset activity
as of December 31, 2025, and 2024, is as follows:
| At January 1, 2024 | |
| 4,862 | |
| Decrease from transfers to accounts receivable | |
| (4,798 | ) |
| Increase from changes based on work in progress | |
| 4,672 | |
| At December 31, 2024 | |
| 4,736 | |
| Decrease from transfers to accounts receivable | |
| (4,735 | ) |
| Increase from changes based on work in progress | |
| 1,836 | |
| At December 31, 2025 | |
| 1,837 | |
|
| Schedule of Deferred Revenue Activity |
The deferred revenue activity
as of December 31, 2025, and 2024, is as follows:
| At January 1, 2024 | |
| 3,145 | |
| Increase in deferred revenue in the current year | |
| 24,095 | |
| Revenue recognized during the current year | |
| (23,501 | ) |
| At December 31, 2024 | |
| 3,739 | |
| Increase in deferred revenue in the current year | |
| 9,370 | |
| Revenue recognized during the current year | |
| (9,184 | ) |
| At December 31, 2025 | |
| 3,925 | |
|