Note 5 - Revenue Recognition

6 Months Ended

Jun. 30, 2022

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

(5) REVENUE RECOGNITION

Refer to Note 14 for the amount of revenue by segment and in total for the worldwide fleet.

Contract Balances

At June 30, 2022, we had $2.7 million and $3.3 million of deferred mobilization costs included within prepaid expenses and other current assets and other assets, respectively.

At June 30, 2022, we have $1.6 million of deferred mobilization revenue, included within accrued expenses, related to unsatisfied performance obligations which will be recognized during the remainder of 2022 and 2023.