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Note 2 - Revenue
6 Months Ended
Jun. 30, 2023
Notes to Financial Statements  
Revenue from Contract with Customer [Text Block]

2.

REVENUE

 

Disaggregation of Revenue

 

In the following table, revenue is disaggregated by type of revenue for the three and six months ended June 30, 2023 and 2022:

 

   

Three Months Ended June 30,

   

Six Months Ended June 30,

 

(in thousands)

 

2023

   

2022

   

2023

   

2022

 

License

  $ 1,794     $ 1,794     $ 1,794     $ 14,283  

Professional services

    7,354       7,605       15,695       14,167  

Processing and maintenance

    5,689       4,510       11,119       8,570  

Third party

    855       1,297       1,840       2,470  

Total

  $ 15,692     $ 15,206     $ 30,448     $ 39,490  

 

Foreign revenues are based on the location of the customer. Revenues from customers by geographic areas for the three and six months ended June 30, 2023 and 2022 are as follows:

 

   

Three Months Ended June 30,

   

Six Months Ended June 30,

 

(in thousands)

 

2023

   

2022

   

2023

   

2022

 

United States

  $ 15,190     $ 14,865     $ 29,530     $ 38,861  

Middle East

    473       316       864       580  

European Union

    29       25       54       49  

Total

  $ 15,692     $ 15,206     $ 30,448     $ 39,490  

 

Concentration of Revenue

 

The following table indicates the percentage of consolidated revenue represented by each customer that represented more than 10 percent of consolidated revenue in the three and six month periods ended June 30, 2023 and 2022. Most of our customers have multi-year contracts with recurring revenue as well as professional services fees that vary by period depending on their business needs.

 

    Three Months Ended June 30,    

Six Months Ended June 30,

 
   

2023

   

2022

   

2023

   

2022

 

Customer A

    70 %     71 %     70 %     79 %