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Contract Balances (Tables)
3 Months Ended
Mar. 31, 2025
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Abstract]  
Schedule of Accounts Receivable

Accounts receivable (in thousands) consisted of the following, as of:

 

 

March 31,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Billed and billable

 

$

107,301

 

 

$

183,391

 

Less: allowance for credit losses

 

 

(2,716

)

 

 

(2,188

)

Accounts receivable, net

 

$

104,585

 

 

$

181,203

 

 

Deferred Revenue and Advance Payments

Deferred revenue and advance payments (in thousands) from customers consisted of the following, as of:

 

 

March 31,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Current:

 

 

 

 

 

 

Deferred product licenses revenue

 

$

794

 

 

$

1,777

 

Deferred subscription services revenue

 

 

94,488

 

 

 

107,119

 

Deferred product support revenue

 

 

116,975

 

 

 

124,684

 

Deferred other services revenue

 

 

3,436

 

 

 

4,394

 

Total current deferred revenue and advance payments

 

$

215,693

 

 

$

237,974

 

 

 

 

 

 

 

 

Non-current:

 

 

 

 

 

 

Deferred product licenses revenue

 

$

153

 

 

$

174

 

Deferred subscription services revenue

 

 

1,393

 

 

 

2,263

 

Deferred product support revenue

 

 

2,143

 

 

 

2,111

 

Deferred other services revenue

 

 

292

 

 

 

422

 

Total non-current deferred revenue and advance payments

 

$

3,981

 

 

$

4,970