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CONTRACT LIABILITIES
12 Months Ended
Dec. 31, 2022
CONTRACT LIABILITIES  
CONTRACT LIABILITIES

NOTE 13. CONTRACT LIABILITIES

As of December 31, 2022 and 2021, our contract liabilities were $8.0 million and $4.4 million, respectively. These liabilities are included in deferred revenue and other liabilities in our consolidated balance sheets.

We deferred revenue of $24.6 million and $10.2 million, respectively, and recognized $21.0 million and $10.4 million, respectively, as revenue during the years ended December 31, 2022 and 2021, respectively. The revenue recognized and deferred during the periods primarily related to freight billings and milestone billings on aftermarket services.