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Deferred Revenue
 6 Months Ended
Jun. 30, 2024
Deferred Revenue  
Deferred Revenue

NOTE 7 – Deferred Revenue

 

Deferred revenue consisted of the following (in thousands):

 

Schedule of deferred revenue                        
    License
Agreements		     Professional
Service
Agreements		     Total  
Deferred Revenue – January 1, 2024   $ 2,404     $ 474     $ 2,878  
Revenue recognized     (3,092 )     (492 )     (3,584 )
Revenue deferred     3,373       269       3,642  
Deferred Revenue – June 30, 2024   $ 2,685     $ 251     $ 2,936  

 

    License
Agreements		     Professional
Service
Agreements		     Total  
Deferred Revenue – March 15, 2023   $ 2,148     $ 386     $ 2,534  
Revenue recognized     (4,560 )     (1,186 )     (5,746 )
Revenue deferred     4,816       1,274       6,090  
Deferred Revenue – December 31, 2023   $ 2,404     $ 474     $ 2,878  

 

Deferred revenues were approximately $2,936 thousand and $2,878 thousand at June 30, 2024 (Successor) and December 31, 2023 (Successor), respectively.

 

The fair value of the deferred revenue approximates the services to be rendered.