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Contract Assets and Liabilities
6 Months Ended
Jun. 30, 2021
Revenue From Contract With Customer [Abstract]  
Contract Assets and Liabilities

3. CONTRACT ASSETS AND CONTRACT LIABILITIES

The balance of contract assets and contract liabilities consisted of the following (in thousands):

 

 

June 30,
2021

 

 

December 31,
2020

 

Contract assets

 

 

 

 

 

 

Current

 

$

2,015

 

 

$

1,238

 

 

$

2,015

 

 

$

1,238

 

Contract liabilities

 

 

 

 

 

 

Current

 

$

1,167

 

 

$

953

 

Non-current

 

 

511

 

 

 

293

 

 

$

1,678

 

 

$

1,246

 

 

 

 

June 30,
2021

 

Estimate of when contract liabilities will be recognized as revenue:

 

 

 

Within 12 months

 

$

1,167

 

Within 12 to 24 months

 

 

511

 

Greater than 24 months

 

 

 

 

The current portion of contract assets are included in our accounts receivable as of June 30, 2021 and 2020.

 

The current portion of contract liabilities is included in unearned revenues and the non-current portion of contract liabilities is included in other long-term liabilities. We did not recognize any impairment losses on our receivables and contract assets for the three and six months ended June 30, 2021 and 2020.