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Note 2 - Revenue
9 Months Ended
Sep. 30, 2021
Notes to Financial Statements  
Revenue from Contract with Customer [Text Block]

2.

REVENUE 

 

Disaggregation of Revenue

 

In the following table, revenue is disaggregated by type of revenue for the three and nine months ended September 30, 2021 and 2020:

 

   

Three Months Ended

September 30,

   

Nine Months Ended

September 30,

 

(in thousands)

 

2021

   

2020

   

2021

   

2020

 

License

  $ 1,783     $ 1,600     $ 4,083     $ 1,600  

Professional services

    6,893       5,392       18,740       15,827  

Processing and maintenance

    3,457       2,950       10,256       7,817  

Third party

    802       362       2,123       1,006  

Total

  $ 12,935     $ 10,304     $ 35,202     $ 26,250  

 

Foreign revenues are based on the location of the customer. Revenues from customers by geographic area for the three and nine months ended September 30, 2021 and 2020 are as follows:

 

   

Three Months Ended

September 30,

   

Nine Months Ended

September 30,

 

(in thousands)

 

2021

   

2020

   

2021

   

2020

 

United States

  $ 12,610     $ 9,940     $ 34,007     $ 25,302  

European Union

    28       364       687       948  

Middle East

    297       --       508       --  

Total

  $ 12,935     $ 10,304     $ 35,202     $ 26,250  

 

Concentration of Revenue

 

The following table indicates the percentage of consolidated revenue represented by each customer that represented more than 10 percent of consolidated revenue in the three and nine month periods ended September 30, 2021 and 2020. Most of our customers have multi-year contracts with recurring revenue as well as professional services fees that vary by period depending on their business needs.

 

   

Three Months Ended

September 30,

   

Nine Months Ended September 30,

 
   

2021

   

2020

   

2021

   

2020

 

Customer A

    72 %     68 %     71 %     67 %

Customer B

    5 %     11 %     6 %     11 %