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Revenue
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenue

Note 2 – Revenue

 

Disaggregation of Revenue

 

The Company recognizes revenue classified in services and other either at a point in time or over time. Revenue by point in time and over time was as follows (in thousands):

 

   March 31, 2026   March 31, 2025 
   Three Months Ended 
   March 31, 2026   March 31, 2025 
SaaS revenue recognized over time  $363   $330 
Services and other revenue recognized point in time   1,984    1,919 
Total revenue  $2,347   $2,249 

 

The deferred revenue balance represents payments received for performance obligations not yet satisfied. The following table shows the changes in deferred revenue during the three months ended March 31, 2026, and 2025 respectively (in thousands):

 

   March 31, 2026   March 31, 2025 
   Three Months Ended 
   March 31, 2026   March 31, 2025 
Balance at beginning of period  $562   $776 
Deferred revenue additions during period   223    262 
Revenue recognized during period   (442)   (271)
Balance at end of period  $343   $767 

 

Revenue recognized during the three months ended March 31, 2026 that was included in deferred revenue as of December 31, 2025 was $299. Revenue recognized during the three months ended March 31, 2025 that was included in deferred revenue as of December 31, 2024 was $260.

 

Revenue allocated to remaining performance obligations that are unsatisfied (or partially unsatisfied), which includes deferred revenue and amounts that will be invoiced and recognized as revenue in future periods, will be recognized within one year or less.