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Revenue
 12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Revenue Revenues
All revenues were generated within the United States of America.

The table below presents total revenues by contract type for the following periods:
SuccessorPredecessor
Year Ended
December 31, 2021		Period from
May 22, 2020 through
December 31, 2020		Period from January 1, 2020 through
October 22, 2020		Year Ended
December 31, 2019
Firm fixed price
$41,231 $6,938 $2,216 $3,753 
Time and materials98,763 24,613 57,549 69,873 
Cost-plus
5,584 1 — — 
Total revenues
$145,578 $31,552 $59,765 $73,626 

The majority of the Company’s revenue is recognized over time. Revenue derived from contracts that recognize revenue at a point in time was insignificant for all periods presented.

Concentration of Risk

Revenue earned from customers contributing in excess of 10% of total revenues are presented in the tables below for the following periods:

Successor 2021 Period
Cyber &
Engineering		AnalyticsTotalPercent of total
revenues
Customer A
$31,732 $31,732 22 %
Customer B
15,032 — 15,032 10 %
Customer C (1)
— 11,538 11,538 8 %
Customer D (1)
— 8,835 8,835 6 %
All others
28,115 50,326 78,441 54 %
Total revenues
$74,879 $70,699 $145,578 100 %

Successor 2020 Period
Cyber &
Engineering		AnalyticsTotalPercent of total
revenues
Customer A
$8,075 $— $8,075 26 %
Customer B
3,495 — 3,495 11 %
Customer C
— 5,498 5,498 17 %
Customer D
— 5,494 5,494 17 %
All others
4,014 4,976 8,990 29 %
Total revenues
$15,584 $15,968 $31,552 100 %

Predecessor 2020 Period
Total(2)
Percent of total
revenues
Customer A
$26,049 44 %
Customer B
12,282 21 %
All others
21,434 35 %
Total revenues
$59,765 100 %
Predecessor 2019 Period
Total(2)
Percent of total
revenues
Customer A
$34,137 46 %
Customer B
21,386 29 %
All others
18,103 25 %
Total revenues
$73,626 100 %

(1)- Customers that contributed in excess of 10% of consolidated revenues in any period presented have been included in all periods presented for comparability.
(2)- The Predecessor 2020 Period and Predecessor 2019 Period each comprise a single reportable segment. As a result, segment reporting for those periods is not presented.

Contract Balances

The table below presents the contract assets and contract liabilities included on the consolidated balance sheets for the following periods:
Successor
December 31,
2021		December 31,
2020
Contract assets$628 $2,575 
Contract liabilities
$4,207 $541 

The change in contract assets between December 31, 2020 and December 31, 2021 was primarily driven by invoices being issued for services previously rendered for NuWave and ProModel. The change in contract liability balances between December 31, 2020 and December 31, 2021 was primarily driven by a large upfront payment related to an Analytics customer. Services on this contract will be performed over twelve months commencing in January 2022. Revenue recognized in the year ended December 31, 2021 that was included in the contract liability balance as of December 31, 2020 was $541.

When the Company’s estimate of total costs to be incurred to satisfy a performance obligation exceeds the expected revenue, the Company recognizes the loss immediately. When the Company determines that a change in estimate has an impact on the associated profit of a performance obligation, the Company records the cumulative positive or negative adjustment in the consolidated statements of operations. Changes in estimates and assumptions related to the status of certain long-term contracts may have a material effect on the Company’s operating results.

The following table summarizes the impact of the net estimates at completion “ EAC” adjustments on the Company’s operating results:
Successor
Year Ended
December 31, 2021		Period from
May 22, 2020 through
December 31, 2020
Net EAC Adjustments, before income taxes$1,650 $— 
Net EAC Adjustments, net of income taxes$1,304 $— 
Net EAC Adjustments, net of income taxes, per diluted share$0.01 $— 

Remaining Performance Obligations

The Company includes in its computation of remaining performance obligations customer orders for which it has accepted signed sales orders and generally includes the funded and unfunded contracts that have been awarded. As of December 31, 2021 (Successor), the aggregate amount of the transaction price allocated to remaining performance obligations was $159 million. The Company expects to recognize approximately 96% of its remaining performance obligations as revenue within the next 12 months and the balance thereafter.