Note 2 - Revenue

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2025 and 2024:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2025		2024		2025		2024
License	$	−	$	-	$	−	$	-
Professional services		9,381		6,973		18,083		12,799
Processing and maintenance		6,564		5,694		12,906		11,846
Third party		1,649		1,130		3,293		2,228
Total	$	17,594	$	13,797	$	34,282	$	26,873

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, 2025 and 2024 are as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2025		2024		2025		2024
United States	$	16,778	$	13,204	$	32,743	$	25,757
Middle East		788		565		1,482		1,061
European Union		28		28		57		55
Total	$	17,594	$	13,797	$	34,282	$	26,873

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, 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 June 30,							Six Months Ended June 30,
	2025			2024			2025			2024
Customer A		62	%		63	%		63	%		61	%