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Contract Assets and Contract Liabilities (Tables)
9 Months Ended
Sep. 30, 2024
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Abstract]  
Summary of Contract Assets and Liabilities

Contract assets included within prepaid expenses and other current assets in the condensed consolidated balance sheets are as follows (in thousands):

 

 

 

September 30,
2024

 

 

December 31,
2023

 

Contract assets

 

$

5,210

 

 

$

3,865

 

 

The non-current contract liabilities balance is included in other long-term liabilities on the condensed consolidated balance sheets. The Company’s contract liabilities are as follows (in thousands):

 

 

 

September 30,
2024

 

 

December 31,
2023

 

Contract liabilities

 

$

14,290

 

 

$

16,474

 

Less: Non-current portion of contract liabilities

 

 

2,688

 

 

 

2,564

 

Current portion of contract liabilities

 

$

11,602

 

 

$

13,910