Note 4 - Segment Information

9 Months Ended

Sep. 30, 2024

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

4. Segment Information

Geographic Information

The Company derives its revenue from a single reporting segment: product digitization solutions. Revenue is generated in this segment primarily through software subscriptions and software development services. The Company markets its products in the U.S. and in non-U.S. countries through its sales personnel and partners.

Revenue by geographic area, based upon the “bill-to” location, was as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Domestic	$	2,004	$	2,921	$	8,349	$	8,541
International (1)		7,439		6,073		21,411		17,026
Total	$	9,443	$	8,994	$	29,760	$	25,567

⁽¹⁾ Revenue from the Central Banks, consisting of a consortium of central banks around the world, is classified as International revenue. Reporting revenue by country for this customer is not practicable.

Major Customers

The following customers accounted for 10% or more of revenue:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Customer A		43%		47%		41%		48%
Customer B		16%		*		15%		*
Customer C		*		21%		15%		21%

* Less than 10%

Long-Lived Assets by Geographical Area

Long-lived assets by geographic area were as follows:

	September 30,		December 31,
	2024		2023
United States	$	1,139	$	1,535
Europe		20		35
Total	$	1,159	$	1,570