CONTRACTS WITH CUSTOMERS AND REVENUE CONCENTRATION |
9 Months Ended |
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Sep. 30, 2026 | |
| Revenue from Contract with Customer [Abstract] | |
| CONTRACTS WITH CUSTOMERS AND REVENUE CONCENTRATION | CONTRACTS WITH CUSTOMERS AND REVENUE CONCENTRATION Receivables Receivables from contracts with customers, net of allowance for credit losses of $8,716, were $12,830 at September 30, 2026. Receivables from contracts with customers, net of allowance for credit losses of $7,206, were $15,859 at December 31, 2025. We had a provision for expected losses of $115, write-offs charged against the allowance for credit losses of $37, and recoveries on previously written off receivables of $1,432 during the nine months ended September 30, 2026. We had a provision for expected losses of $1,121, write-offs charges against the allowance for credit losses of $562, and recoveries on previously written off receivables of $737 during the nine months ended September 30, 2025. As of September 30, 2026, we had one customer that accounted for $2,088 or 15%, of our net accounts receivable balance. The receivable balance is not collateralized, and thus the entire $2,088 is at risk of loss. As of December 31, 2025, we had one customer that accounted for $1,879 or 13% of our net accounts receivable balance. Contract Assets Contract assets from contracts with customers were $7,309 and $3,747 at September 30, 2026 and December 31, 2025, respectively. Deferred commission costs from contracts with customers were $15,848 and $14,721 at September 30, 2026 and December 31, 2025, respectively. The amount of amortization recognized for the three and nine months ended September 30, 2026 was $1,059 and $2,874, respectively, and for the three and nine months ended September 30, 2025 was $839 and $2,453, respectively. Deferred Revenue During the three and nine months ended September 30, 2026, revenue of $2,156 and $13,712, respectively, and during the three and nine months ended September 30, 2025, revenue of $1,834 and $10,391, respectively, was recognized from the deferred revenue balance at the beginning of each period. Transaction Price Allocated to the Remaining Performance Obligations As of September 30, 2026, approximately $86,648 of revenue is expected to be recognized from remaining performance obligations. We expect to recognize revenue on approximately 46% of these remaining performance obligations over the next twelve months, with the balance recognized thereafter. These amounts exclude remaining performance obligations related to contracts for professional services for tax and payroll offerings whose remaining contractual term is less than one year as of September 30, 2026. Revenue Concentration During the nine months ended September 30, 2026 and 2025, there were no customers that individually represented 10% or more of consolidated revenue.
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