Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Schedule of Assets Measured at Fair Value on a Recurring Basis

As of December 31, 2023, our assets that are measured at fair value on a recurring basis include the following (in thousands):

	Fair Value Measurement at December 31, 2023 Using:
	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs		Total
	(Level 1)		(Level 2)		(Level 3)
Assets:
Money market funds (included in cash    and cash equivalents)	$	7,848	$	-	$	-	$	7,848
Marketable securities		20,913		-		-		20,913
Note receivable		-		-		-		-
Total assets	$	28,761	$	-	$	-	$	28,761

As of December 31, 2022, our assets and liabilities that are measured at fair value on a recurring basis included the following (in thousands):

	Fair Value Measurement at December 31, 2022 Using:
	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs		Total
	(Level 1)		(Level 2)		(Level 3)
Assets:
Money market funds (included in cash    and cash equivalents)	$	10,967	$	-	$	-	$	10,967
Marketable securities		17,229		-		-		17,229
Note receivable		-		-		2,601		2,601
Total assets	$	28,196	$	-	$	2,601	$	30,797
Liabilities:
Contingent acquisition payments	$	-	$	-	$	812	$	812
Total liabilities	$	-	$	-	$	812	$	812

Summary of Marketable Securities by Security Type

Marketable securities by security type consisted of the following (in thousands):

	December 31, 2023:
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
U.S. Treasury notes and bonds	$	15,331	$	176	$	(19	)	$	15,489
Corporate bonds		5,386		39		(1	)		5,424
	$	20,717	$	215	$	(20	)	$	20,913

	December 31, 2022:
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
U.S. Treasury notes and bonds	$	13,389	$	24	$	(100	)	$	13,313
Corporate bonds		3,950		—		(34	)		3,916
	$	17,339	$	24	$	(134	)	$	17,229

Summary of Changes in Note Receivable

Changes in note receivable consisted of the following (in thousands):

Balance as of December 31, 2021	$	—
Investment in Note Receivable		2,500
Accrued interest		101
Balance as of December 31, 2022		2,601
Accrued interest		94
Write-off of Note Receivable		(2,695	)
Balance as of December 31, 2023	$	—

Schedule of Allowance for Credit Losses

For the years ended December 31, 2023 and 2022, changes to and ending balances of the allowance for credit losses were as follows (in thousands):

	Years ended December 31,
	2023			2022
Allowance for credit losses balance - beginning of year	$	188		$	74
Additions to the allowance for credit losses		37			156
Deductions against the allowance for credit    losses		(52	)		(42	)
Allowance for credit losses balance - end of year	$	173		$	188

In addition, for the years ended December 31, 2023 and 2022, the credit loss related to unbilled receivables was $0 and $230 thousand, respectively.

Schedule of Estimated Useful Lives Assets

The estimated useful lives of assets are:

Leasehold improvements	10 years
Furniture and fixtures	5 years
Computer and office equipment	3 years
Purchased software	3 years

Schedule of Changes in Contract Assets and Liabilities

The following table presents changes in our contract assets and liabilities during the years ended December 31, 2023 and 2022 (in thousands):

	Balance at Beginning of period		Revenue Recognized In Advance of Billings		Billings			Balance at End of Period
Year ended December 31, 2023
Contract Assets:
Unbilled receivables	$	2,929	$	4,356	$	(5,884	)	$	1,401
Year ended December 31, 2022
Contract Assets:
Unbilled receivables	$	3,087	$	5,288	$	(5,446	)	$	2,929
	Balance at Beginning of period		Billings		Revenue Recognized			Balance at End of Period
Year ended December 31, 2023
Contract Liabilities:
Deferred revenue	$	3,733	$	9,478	$	(7,674	)	$	5,537
Year ended December 31, 2022
Contract Liabilities:
Deferred revenue	$	3,740	$	7,104	$	(7,111	)	$	3,733

Schedules of Concentration of Credit Risk with Respect to Net Accounts Receivable and Total Revenue

	December 31,
	2023			2022
Customer A		16	%		2	%
Customer B		8	%		12	%
Customer C		-			26	%

Schedule of Revenues Generated from Geographic Regions

Revenues were generated from the following geographic regions (in thousands):

	Year ended December 31,
	2023		2022
United States	$	11,953	$	7,613
United Kingdom		1,524		1,717
Rest of world		4,767		6,678
	$	18,244	$	16,008

Schedule of Revenue by Product Group

Revenue by product group was (in thousands):

	Year ended December 31,
	2023		2022
License and service contracts	$	14,272	$	12,937
Subscription-based contracts		3,972		3,071
	$	18,244	$	16,008

Schedule of Revenue by Timing of Transfer of Goods or Services

Revenue by timing of transfer of goods or services was (in thousands):

	Year ended December 31,
	2023		2022
Goods or services transferred at a point in time	$	8,223	$	7,178
Goods or services transferred over time		10,021		8,830
	$	18,244	$	16,008