Note 2 - Revenue

9 Months Ended

Sep. 30, 2023

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, 2023 and 2022:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2023		2022		2023		2022
License	$	−	$	−	$	1,794	$	14,283
Professional services		6,432		7,776		22,127		21,943
Processing and maintenance		5,814		5,267		16,933		13,837
Third party		1,153		1,407		2,993		3,877
Total	$	13,399	$	14,450	$	43,847	$	53,940

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, 2023 and 2022 are as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2023		2022		2023		2022
United States	$	12,777	$	13,973	$	42,307	$	52,836
Middle East		588		451		1,452		1,030
European Union		34		26		88		74
Total	$	13,399	$	14,450	$	43,847	$	53,940

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, 2023 and 2022. 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,
	2023			2022			2023			2022
Customer A		62	%		70	%		68	%		77	%