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Note 5 - Revenue Recognition
6 Months Ended
Jun. 30, 2023
Notes to Financial Statements  
Revenue from Contract with Customer [Text Block]

(5)

REVENUE RECOGNITION

 

See “Note (13) Segment and Geographic Distribution of Operations” for revenue by segment and in total for the worldwide fleet.

 

Contract Balances

 

At June 30, 2023, we had $5.8 million of deferred mobilizations costs included within prepaid expenses and other current assets and $3.4 million of deferred mobilization costs included in other assets.

 

At June 30, 2023, we had $5.1 million of deferred mobilization revenue included within accrued expenses related to unsatisfied performance obligations that will be recognized during the remainder of 2023 and 2024