Note 2 - Revenue

3 Months Ended

Mar. 31, 2024

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 months ended March 31, 2024 and 2023:

Three months ended March 31, (in thousands)	2024		2023
License	$	-	$	-
Professional services		5,826		8,341
Processing and maintenance		6,152		5,430
Third party		1,098		985
Total	$	13,076	$	14,756

Foreign revenues are based on the location of the customer. Revenues from customers by geographic areas for the three months ended March 31, 2024 and 2023 are as follows:

Three months ended March 31, (in thousands)	2024		2023
United States	$	12,553	$	14,340
Middle East		496		391
European Union		27		25
Total	$	13,076	$	14,756

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 month periods ended March 31, 2024 and 2023. 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 March 31,
	2024			2023
Customer A		59	%		70	%