Note 3 - Contracts With Customers

12 Months Ended

Dec. 31, 2021

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

(3) Contracts with Customers

The following table disaggregates revenue for the years ended December 31, 2021, 2020 and 2019 based on timing of revenue recognition (In thousands):

	2021		2020		2019
Subscription services recognized ratably over time	$	137,008	$	122,499	$	114,216
Services recognized at a point in time		3,216		2,932		4,992
Fixed, non-subscription recognized over time		3,065		2,907		3,248
Unit price services recognized over time		4,665		4,939		5,526
Total revenue	$	147,954	$	133,277	$	127,982

The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers (In thousands):

	December 31, 2021			December 31, 2020
Accounts receivables	$	13,728		$	13,923
Contract assets included in other current assets	$	99		$	311
Deferred revenue	$	(17,213	)	$	(15,585	)

Significant changes in contract assets and contract liabilities during the years ended December 31, 2021 and 2020 are as follows (in thousands):

	2021						2020
	Contract Asset			Deferred Revenue			Contract Asset			Deferred Revenue
	Increase (Decrease)
Revenue recognized that was included in deferred revenue at beginning of year due to completion of services	$	-		$	(15,631	)	$	-		$	(16,083	)
Increases due to invoicing of client, net of amounts recognized as revenue		-			16,694			-			15,338
Decreases due to completion of services (or portion of services) and transferred to accounts receivable		(311	)		-			(103	)		-
Change due to cumulative catch-up adjustments arising from changes in expected contract consideration		-			326			-			(24	)
Increases due to revenue recognized in the period with additional performance obligations before invoicing		99			-			311			-

We have elected to apply the practical expedient to not disclose the value of unsatisfied performance obligations for contracts with an original expected length of one year or less. Total remaining contract revenue for contracts with original duration of greater than one year expected to be recognized in the future related to performance obligations that are unsatisfied at December 31, 2021 approximated $2.9 million of which $1.3 million, $1.1 million, and $587,000 is expected to be recognized during 2022, 2023, and 2024, respectively.