Note 2 - Revenue

9 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

2. REVENUE 

Disaggregation of Revenue

In the following table, revenue is disaggregated by type of revenue for the three and nine months ended September 30, 2022 and 2021:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2022		2021		2022		2021
License	$	−	$	1,783	$	14,283	$	4,083
Professional services		7,776		6,893		21,943		18,740
Processing and maintenance		5,267		3,457		13,837		10,256
Third party		1,407		802		3,877		2,123
Total	$	14,450	$	12,935	$	53,940	$	35,202

Foreign revenues are based on the location of the customer. Revenues from customers by geographic area for the three and nine months ended September 30, 2022 and 2021 are as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2022		2021		2022		2021
United States	$	13,973	$	12,610	$	52,836	$	34,007
Middle East		451		297		1,030		508
European Union		26		28		74		687
Total	$	14,450	$	12,935	$	53,940	$	35,202

Concentration of Revenue

The following table indicates the percentage of consolidated revenue represented by each customer that represented more than 10 percent of consolidated revenue in the three and nine month periods ended September 30, 2022 and 2021. Most of our customers have multi-year contracts with recurring revenue as well as professional services fees that vary by period depending on their business needs.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2022			2021			2022			2021
Customer A		70	%		72	%		77	%		71	%