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Contract Assets and Liabilities
9 Months Ended
Sep. 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):

 

 

September 30,
2022

 

 

December 31,
2021

 

Contract assets:

 

 

 

 

 

 

Current

 

$

1,101

 

 

$

2,072

 

 

 

$

1,101

 

 

$

2,072

 

Contract liabilities:

 

 

 

 

 

 

Current

 

$

885

 

 

$

1,300

 

Non-current

 

 

85

 

 

 

435

 

 

 

$

970

 

 

$

1,735

 

 

 

 

September 30,
2022

 

 Estimate of when contract liabilities will be recognized as revenue:

 

 

 

 Within 12 months

 

$

885

 

 Within 12 to 24 months

 

 

61

 

 Greater than 24 months

 

 

24

 

The current portion of contract assets are included in our accounts receivable as of September 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 September 30, 2022 and December 31, 2021.

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