XML 34 R22.htm IDEA: XBRL DOCUMENT
v3.24.1.1.u2

Note 3 - Revenue From Contracts With Customers (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Notes Tables |
Disaggregation of Revenue [Table Text Block] |
|  | Three Months Ended March 31, |
|  | 2024 |  |  | 2023 |
Contract Type |  | Amount |  |  | Percentage |  |  | Amount |  |  | Percentage |
Services time & materials |  | $ | 1,654,001 |  |  |  | 86.4 | % |  | $ | 1,880,662 |  |  |  | 87.1 | %
Services fixed price over time |  |  | 107,475 |  |  |  | 5.6 | % |  |  | 102,402 |  |  |  | 4.7 | %
Services combination |  |  | 31,920 |  |  |  | 1.7 | % |  |  | 33,090 |  |  |  | 1.5 | %
Services fixed price per unit |  |  | 92,471 |  |  |  | 4.8 | % |  |  | 87,304 |  |  |  | 4.1 | %
Third-party software |  |  | 29,505 |  |  |  | 1.5 | % |  |  | 56,665 |  |  |  | 2.6 | %
Total revenue |  | $ | 1,915,372 |  |  |  | 100.0 | % |  | $ | 2,160,123 |  |  |  | 100.0 | %
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] |
|  | March 31, 2024 |  |  | December 31, 2023 |
Billed federal government |  | $ | 774,764 |  |  | $ | 1,110,001 |
Billed commercial and local government |  |  | - |  |  |  | 6,600 |
Unbilled receivables |  |  | 1,261 |  |  |  | 1,261 |
Accounts receivable |  | $ | 776,025 |  |  | $ | 1,117,862 |
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block] |
Balance at December 31, 2023 |  | $ | 114,540 |
Contract liabilities added |  |  | 26,026 |
Revenue recognized |  |  | (55,531 | )
Balance at March 31, 2024 |  | $ | 85,035 |
Balance at December 31, 2022 | $ | 182,756 |
Revenue recognized |  | (55,665 | )
Balance at March 31, 2023 | $ | 127,091 |
Deferred Costs of Revenue [Table Text Block] |
Balance at December 31, 2023 |  | $ | 87,988 |
Deferred costs expensed |  |  | (29,330 | )
Balance at March 31, 2024 |  | $ | 58,658 |

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The tabular disclosure for items related to deferred costs of revenue. + References No definition available. + Details
Name: | wavd_DeferredCostsOfRevenueTableTextBlock
Namespace Prefix: | wavd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration