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Contract Assets and Liabilities
12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Contract Assets and Liabilities

3. CONTRACT ASSETS AND LIABILITIES

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

 

 

December 31,

 

 

 

2021

 

 

2020

 

Contract assets

 

 

 

 

 

 

Current

 

$

2,072

 

 

$

1,238

 

 

 

$

2,072

 

 

$

1,238

 

Contract Liabilities

 

 

 

 

 

 

Current

 

$

1,300

 

 

$

953

 

Non-current

 

 

435

 

 

 

293

 

 

 

$

1,735

 

 

$

1,246

 

 

Estimate of when contract liabilities will be recognized

 

 

 

within 12 months

 

$

1,300

 

within 12 to 24 months

 

$

411

 

greater than 24 months

 

$

24

 

 

The current portion of contract assets are included in our accounts receivable as of December 31, 2021 and 2020.

 

The current portion of contract liabilities is included in unearned revenue 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 year ended December 31, 2021 and 2020.