Note 2 - Revenue

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2024 and 2023:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2024		2023		2024		2023
License	$	-	$	1,794	$	-	$	1,794
Professional services		6,973		7,354		12,799		15,695
Processing and maintenance		5,694		5,689		11,846		11,119
Third party		1,130		855		2,228		1,840
Total	$	13,797	$	15,692	$	26,873	$	30,448

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, 2024 and 2023 are as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2024		2023		2024		2023
United States	$	13,204	$	15,190	$	25,757	$	29,530
Middle East		565		473		1,061		864
European Union		28		29		55		54
Total	$	13,797	$	15,692	$	26,873	$	30,448

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, 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 June 30,						Six Months Ended June 30,
	2024			2023			2024			2023
Customer A		63	%		70	%		61	%		70	%