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REVENUE RECOGNITION (Tables)
 9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
SCHEDULE OF REVENUE DISAGGREGATED BY REVENUE SOURCE

The following table presents the Company’s revenues disaggregated by revenue source for the three- and nine-months ended September 30, 2021 and 2022:

 

   Three Months Ended September 30,   Nine Months Ended September 30, 
   2021   2022   2021   2022 
                 
Products  $10,785   $14,021   $37,671   $43,231 
Services   18,461    20,267    54,114    58,812 
                     
   $29,246   $34,288   $91,785   $102,043 
SCHEDULE OF DEFERRED REVENUE

The balances of contract assets, and contract liabilities from contracts with customers are as follows as of December 31, 2021 and September 30, 2022:

 

   December 31, 2021   September 30, 2022 
         (unaudited) 
Assets:          
Deferred contract costs  $3,045   $2,797 
Deferred costs  $2,011   $1,025 
           
Liabilities:          
Deferred revenue- services (1)  $8,401   $9,463 
Deferred revenue - products (1)   2,546    1,268 
           
Deferred revenue   10,947    10,731 
Less: Deferred revenue and contract liabilities - current portion   (6,519)   (6,523)
           
Deferred revenue and contract liabilities - less current portion  $4,428   $4,208 

 

(1) The Company records deferred revenues when cash payments are received or due in advance of the Company’s performance. For the three- and nine-month periods ended September 30, 2021 and 2022, the Company recognized revenue of $2,547 and $7,767, respectively, and $3,174 and $8,040, respectively, that was included in the deferred revenue balance at the beginning of each reporting period. The Company expects to recognize as revenue these deferred revenue balances before the year 2027, when the services are performed and, therefore, satisfies its performance obligation to the customers.