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Note 2 - Revenue
3 Months Ended
Mar. 31, 2025
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, 2025 and 2024:

 

Three months ended March 31, (in thousands)

 

2025

   

2024

 

License

  $     $  

Professional services

    8,702       5,826  

Processing and maintenance

    6,343       6,152  

Third party

    1,643       1,098  

Total

  $ 16,688     $ 13,076  

 

 

Foreign revenues are based on the location of the customer. Revenues from customers by geographic areas for the three months ended March 31, 2025 and 2024 are as follows:

 

Three months ended March 31, (in thousands)

 

2025

   

2024

 

United States

  $ 15,965     $ 12,553  

Middle East

    694       496  

European Union

    29       27  

Total

  $ 16,688     $ 13,076  

 

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, 2025 and 2024. 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,  
   

2025

   

2024

 

Customer A

    65 %     59 %