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Revenues
 9 Months Ended 11 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]    
Revenues
Note 9. Revenues
Performance obligations
Substantially all of the Company’s revenues are recognized at a point in time when the orders are completed and the completed reports are reported, or otherwise made available. For revenues delivered over time, the output method is utilized to measure the value to the customer based on the transfer to date of the services promised, with no rights of return once consumed. In these cases, revenue on transactional contracts with a defined price but an undefined quantity is recognized utilizing the right to invoice expedient resulting in revenues being recognized when the service is provided and becomes billable. Additionally, under this practical expedient, the Company is not required to estimate the transaction price.
Accordingly, in any period, the Company does not recognize a significant amount of revenues from performance obligations satisfied or partially satisfied in prior periods and the amount of such revenues recognized during the three and nine months ended September 30, 2021 (Successor), the three months ended September 30, 2020 (Successor), the period from February 1, 2020 through September 30, 2020 (Successor), and the period from January 1, 2020 through January 31, 2020 (Predecessor) were immaterial.
Disaggregation of revenues
The Company bases revenues by geographic region in which the revenues and invoicing are recorded. The following summarizes revenues by geographical region (in thousands):
 
    
Three-Month Period
    
Nine-Month Period
  
    
Successor
           
Predecessor
  
    
 
Three Months
Ended
September 30,
2021 
    
Three Months
Ended
September 30,
2020
    
 
Nine Months
Ended
September 30,
2021 
    
Period from
February 1, 2020
through
September 30,
2020
           
Period from
January 1, 2020
through
January 31,
2020
  
Revenues
                                       
 
         
North America
    $ 158,972     $ 125,757     $ 421,795     $ 285,823        
 
    $ 32,411  
International
      35,595       11,991       82,237       32,335        
 
      4,665  
Eliminations
      (1,700 )      (970 )      (4,269 )      (2,333 )       
 
      (291 ) 
    
 
 
    
 
 
    
 
 
    
 
 
             
 
 
  
Total revenues
    $ 192,867     $ 136,778     $ 499,763     $ 315,825              $ 36,785  
    
 
 
    
 
 
    
 
 
    
 
 
             
 
 
  
Contract assets and liabilities
The contract asset balance was $11.6 million and $4.2 million as of
September
 30, 2021 (Successor) and December 31, 2020 (Successor), respectively, and is included in accounts receivable, net in the accompanying condensed consolidated balance sheets. The contract liability balance was $0.5 million and $0.4 million as of
September
 30, 2021 (Successor) and December 31, 2020 (Successor), respectively, and is included in deferred revenue in the accompanying condensed consolidated balance sheets. An immaterial amount of revenue was recognized in the current period related to the beginning balance of deferred revenue.
Concentrations
The Company did not have any customers which represented 10% or more of consolidated revenues for the three and
nine
months ended
September 
30,
2021 (Successor) and the period from January 1, 2020 through January 31, 2020 (Predecessor). The Company
had one
customer which represented approximately
12
%
and
11% of consolidated revenues for the three months ended
September
 30, 2020 (Successor) and for the period from February 1, 2020 through
September
 30, 2020 (Successor), respectively. No other customer represented 10% or more of revenue for such periods. Additionally, the Company did not have any customers which represented 10% or more of consolidated accounts receivable, net for any period
presented. Other than the United States, no single country accounted for 10% or more of our total revenues during these periods.
10.
REVENUES
Performance obligations
Substantially all of the Company’s revenues are recognized at a point in time when the orders are completed and the completed reports are reported, or otherwise made available. For revenues delivered over time, the
output method is utilized to measure the value to the customer based on the transfer to date of the services promised, with no rights of return once consumed. In these cases, revenue on transactional contracts with a defined price but an undefined quantity is recognized utilizing the right to invoice expedient resulting in revenues being recognized when the service is provided and becomes billable. Additionally, under this practical expedient, the Company is not required to estimate the transaction price.
Accordingly, in any period, the Company does not recognize a significant amount of revenues from performance obligations satisfied or partially satisfied in prior periods and the amount of such revenues recognized for the year ended December 31, 2019 (Predecessor), the period from January 1, 2020 through January 31, 2020 (Predecessor), and the period from February 1, 2020 through December 31, 2020 (Successor) were immaterial.
Disaggregation of revenues
The Company based revenues by geographic region in which the revenues and invoicing were recorded. Other than the United States, no single country accounted for 10% or more of our total revenues during these periods.
 
    
Predecessor
     
    
Successor
  
(in thousands)
   
Year Ended
December 31,
2019
     
Period from
January 1,
2020 through
January 31,
2020
     
    
Period from
February 1,
2020 through
December 31,
2020
  
Revenues
                     

 
         
North America
    $ 423,164      $ 32,411     

 
    $ 430,002  
International
      62,948        4,665     

 
      45,818  
Eliminations
      (4,345 )       (291 )    

 
      (3,451 ) 
    
 
 
     
 
 
     

    
 
 
  
Total revenues
    $ 481,767      $ 36,785     

     $ 472,369  
    
 
 
     
 
 
     

    
 
 
  
Contract assets and liabilities
The contract asset balance, primarily consisting of revenue recognized but not yet billed, was $6.1 million and $4.2 million as of December 31, 2019 (Predecessor) and December 31, 2020 (Successor), respectively, and is included in accounts receivable, net in the accompanying consolidated balance sheets. The contract liability balance, primarily consisting of deferred revenue, was $0.7 million and $0.4 million as of December 31, 2019 (Predecessor) and December 31, 2020 (Successor), respectively, and is included in deferred revenue in the accompanying consolidated balance sheets. An immaterial amount of revenue was recognized in the current period related to the beginning balance of deferred revenue.