Note 12 - Revenues |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Notes to Financial Statements | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue from Contract with Customer [Text Block] |
For each of the identified periods, revenues are categorized as follows:
The following table disaggregates revenue from our clients by significant geographic area for the three and six months ended June 30, 2026 and 2025:
During the three and six months ended June 30, 2026 less than 1% of revenues were derived from federal customers. For the three and six months ended June 30, 2025, 2% and 8% of revenues were derived from federal customers. For the three months ended June 30, 2026 and 2025 37% and 32% of revenues were derived from state and local governments, respectively. In addition, 47% of revenues in the three and 48% in the six months ended June 30, 2026, were sales made outside of the U.S. compared to 47% and 37% in the prior year.
At June 30, 2026 and 2025, deferred revenues were $1.9 million and $1.7 million, respectively. These amounts consisted mainly of customer deposits in the amount of $1.0 million and $0.5 million for June 30, 2026 and 2025, respectively, and prepaid multi-year maintenance plans for previously sold products which account for $0.9 million and $1.2 million for June 30, 2026 and 2025, respectively, and pertain to services to be provided through 2035. Revenue recognized during the six months ended June 30, 2026 and 2025 which pertained to revenue deferred in prior years was $161 thousand and $114 thousand, respectively.
The balance of contract assets is driven by the difference in timing of when revenue is recognized from performance obligations satisfied in the current reporting period and when amounts are invoiced to the customer. The balance of contract liabilities is driven by the difference in timing between when cash is received pursuant to a contract and when the Company’s performance obligations under the contract are satisfied.
The following table provides the activity for the contract liabilities recognized:
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