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Contract Assets and Liabilities
6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
Contract Assets and Liabilities

3. CONTRACT ASSETS AND LIABILITIES

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

 

 

June 30,
2022

 

 

December 31,
2021

 

Contract assets

 

 

 

 

 

 

Current

 

$

1,461

 

 

$

2,072

 

 

 

$

1,461

 

 

$

2,072

 

Contract liabilities

 

 

 

 

 

 

Current

 

$

1,351

 

 

$

1,300

 

Non-current

 

 

435

 

 

 

435

 

 

 

$

1,786

 

 

$

1,735

 

 

 

 

June 30,
2022

 

Estimate of when contract liabilities will be recognized as revenue:

 

 

 

Within 12 months

 

$

1,351

 

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 June 30, 2022 and December 31, 2021. 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 as of June 30, 2022 and December 31, 2021.

We did not recognize any impairment losses on our contract assets during the three and six months ended June 30, 2022 and 2021.