Note 3 - Contracts With Customers

12 Months Ended

Dec. 31, 2025

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

(3) Contracts with Customers

The following table disaggregates revenue for the years ended December 31, 2025, 2024, and 2023 based on timing of revenue recognition (in thousands):

	2025		2024		2023
Subscription services recognized ratably over time	$	125,622	$	134,208	$	140,172
Fixed, non-subscription recognized over time		5,374		3,447		3,503
Services recognized at a point in time		5,721		4,805		4,071
Unit price services recognized over time		673		600		834
Total revenue	$	137,390	$	143,060	$	148,580

The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers (in thousands):

	December 31, 2025		December 31, 2024
Accounts receivables	$	11,108	$	11,054
Contract assets included in other current assets	$	132	$	186
Deferred revenue, current portion	$	16,201	$	15,786
Noncurrent Deferred Revenue included in other long-term liabilities	$	74	$	216

Significant changes in contract assets and contract liabilities during the years ended December 31, 2025, and 2024, are as follows (in thousands):

	2025						2024
	Contract Asset			Deferred Revenue			Contract Asset			Deferred Revenue
	Increase (Decrease)
Revenue recognized that was included in deferred revenue at beginning of year due to completion of services	$	-		$	(15,776	)	$	-		$	(15,341	)
Increases due to invoicing of customer, net of amounts recognized as revenue		-			16,051			-			15,608
Increases due to acquisition		-			-			-			948
Decreases due to completion of services (or portion of services) and transferred to accounts receivable		(186	)		-			(84	)		-
Change due to cumulative catch-up adjustments arising from changes in expected contract consideration		-			(2	)		-			(47	)
Increases due to revenue recognized in the period with additional performance obligations before invoicing		132			-			186			-

We have elected to apply the practical expedient to not disclose the value of unsatisfied performance obligations for contracts with an original expected length of one year or less. Total remaining contract revenue for contracts with original duration of greater than one year expected to be recognized in the future related to performance obligations that are unsatisfied at December 31, 2025, approximated $168.2 million, of which $73.5 million, $59.1 million, $27.5 million, $6.0 million, and $2.1 million is expected to be recognized during 2026, 2027, 2028, 2029, and 2030, respectively.