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Contract Assets and Contract Liabilities (Tables)
9 Months Ended
Sep. 30, 2023
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Abstract]  
Opening and Closing Balances of Company's Contract Assets and Liabilities The opening and closing balances of the Company's contract assets are as follows (in thousands):

 

 

 

September 30,
2023

 

 

December 31,
2022

 

Contract assets

 

$

1,868

 

 

$

 

The opening and closing balances of the Company’s contract liabilities are as follows (in thousands):

 

Balance at December 31, 2022

 

$

15,003

 

Payments received

 

 

19,367

 

Revenue recognized

 

 

(16,998

)

Foreign currency fluctuation

 

 

(67

)

Balance at September 30, 2023

 

$

17,305