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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 %