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Contract Assets and Contract Liabilities (Tables)
12 Months Ended
Dec. 31, 2023
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Abstract]  
Opening and Closing Balances of Company's Contract Assets and Liabilities The opening and closing balances of the Company's contract assets are as follows (in thousands):

 

 

 

December 31,
2023

 

 

December 31,
2022

 

Contract assets

 

$

3,865

 

 

$

 

The opening and closing balances of the Company’s contract liabilities are as follows (in thousands):

 

Balance at December 31, 2022

 

$

15,003

 

Payments received

 

 

29,482

 

Revenue recognized

 

 

(28,180

)

Foreign currency fluctuation

 

 

169

 

Balance at December 31, 2023

 

$

16,474