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Revenue Recognition
 3 Months Ended
Mar. 31, 2020
Revenue from Contract with Customer [Abstract]  
Revenue Recognition

Note 10 - Revenue Recognition

 

Disaggregation of Revenue

 

We have identified four material revenue categories in our business: (i) verification and certification service revenue, (ii) product sales, (iii) software license, maintenance and support services revenue and (iv) software-related consulting service revenue.

 

Revenue attributable to each of our identified revenue categories is disaggregated in the table below (amounts in thousands).

 

    Three months ended March 31, 2020     Three months ended March 31, 2019  
    Verification and Certification Segment     Software Sales and Related Consulting Segment     Eliminations and Other     Consolidated Totals     Verification and Certification Segment     Software Sales and Related Consulting Segment     Eliminations and Other     Consolidated Totals  
Revenues:                                                                
Verification and certification service revenue   $ 2,803     $ -     $ -     $ 2,803     $ 2,812     $ -     $ -     $ 2,812  
Product sales     725       -       -       725       641       -       -       641  
Software license, maintenance and support services revenue     -       233       (90 )     143       -       344       (49 )     295  
Software-related consulting service revenue     -       265       (24 )     241       -       221       (14 )     207  
Total revenues   $ 3,528     $ 498     $ (114 )   $ 3,912     $ 3,453     $ 565     $ (63 )   $ 3,955  

 

Contract Balances

 

As of March 31, 2020, and December 31, 2019, accounts receivable from contracts with customers, net of allowance for doubtful accounts, were approximately $2.0 and $2.5 million, respectively.

 

As of March 31, 2020, and December 31, 2019, deferred revenue from contracts with customers was approximately $1.4 and $0.8 million, respectively. The balance of the contract liabilities at March 31, 2020 and December 31, 2019 are expected to be recognized as revenue within one year or less of the invoice date.

 

The following table reflects the changes in our contract liabilities during the three month period ended March 31, 2020 (amounts in thousands):

 

Deferred revenue:        
Unearned revenue January 1, 2020   $ 797  
Unearned billings     1,235  
Revenue recognized     (619 )
Unearned revenue March 31, 2020   $ 1,413