Revenue

9 Months Ended

Sep. 30, 2021

Revenue from Contract with Customer [Abstract]

Revenue

Revenue

Disaggregation of Revenue

Revenue by service offering consisted of the following:

(In thousands)	Three Months Ended September 30, 2021		Nine Months Ended September 30, 2021
Services	$	21,977	$	45,563
Licenses and subscriptions	10,956		23,759
Products	16,137		24,446
Total revenue	$	49,070	$	93,768

Revenue by geography consisted of the following:

(In thousands)	Three Months Ended September 30, 2021			Nine Months Ended September 30, 2021
Americas	$	32,097		$	61,449
Europe	7,800			18,600
Asia	5,323			9,869
Africa	3,850		1	3,850
Total revenue	$	49,070		$	93,768

Our revenue is entirely derived from the healthcare industry. Revenue recognized over-time was approximately 64% and 69% of total revenue during the three and nine months ended September 30, 2021.

Contract Assets

There were no impairments of contract assets, consisting of unbilled receivables, during the nine months ended September 30, 2021.

The change in contract assets was as follows:

(In thousands)	Nine Months Ended September 30, 2021
Unbilled receivables, beginning of period	$	3,536
Reclassifications to billed receivables	(1,975)
Revenues recognized in excess of period billings	11,526
Unbilled receivables, end of period	$	13,087

Contract Liabilities

The change in contract liabilities, consisting of deferred revenue, was as follows:

(In thousands)	Nine Months Ended September 30, 2021
Deferred revenue, beginning of period	$	397
Revenues recognized from balances held at the beginning of the period	(397)
Revenue deferred from period collections on unfulfilled performance obligations	5,348
Deferred revenue, end of period	$	5,348

Revenue recognized ratably over time is generally billed in advance and includes SaaS internet hosting, subscriptions, construction of digital dispensaries, and related consulting, implementation, services support, and advisory services.

Revenue recognized as delivered over time includes professional services billed on a time and materials basis, and fixed fee professional services and training classes that are primarily billed, delivered, and recognized within the same reporting period.

Approximately zero and 0.4% of revenue recognized during the three and nine months ended September 30, 2021, respectively, was from the deferred revenue balance existing as of December 31, 2020.

Remaining Performance Obligations

Remaining performance obligations consisted of the following at September 30, 2021:

(In thousands)	Total		Remaining 2021	2022 - 2024
Subscriptions	$	16,929	9,125	7,804
SaaS and hosting	98		49	49
	$	17,027	9,174	7,853