Note 3 - Revenue |
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| Revenue from Contract with Customer [Text Block] |
Note 3 — Revenue
The following table represents a disaggregation of revenue from contracts with customers for the years ended March 31, 2026 and 2025 (in thousands):
For some contracts, the Company may invoice up front for services recognized over time or for contracts in which the Company has unsatisfied performance obligations. Payment terms and conditions vary by contract type, although terms generally cover monthly payments. In the circumstances where the timing of invoicing differs from the timing of revenue recognition, the Company has determined its contracts do not include a significant financing component. The Company has elected to apply the practical expedient under ASC 606-10-50-14 and not provide disclosure of the amount and timing of performance obligations as the performance obligations are part of a contract that has an original expected duration of one year or less.
For the years ended March 31, 2026 and 2025, customer accounted for 7% and 45% of our consolidated revenues, respectively.
The following table summarizes the significant changes in contract liabilities (deferred revenue) balances during the years ended March 31, 2026 and 2025 (in thousands):
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