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REVENUE | 9 Months Ended
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Sep. 30, 2025
Revenue from Contract with Customer [Abstract] |
REVENUE | NOTE 2 – REVENUE Revenue by Category The following series of tables present our revenue disaggregated by various categories (dollars in thousands).
Schedule of disaggregation of revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Precision Logistics |  |  | Authentication |  |  | Consolidated |
Revenue |  | Three Months Ended September 30, |  |  | Three Months Ended September 30, |  |  | Three Months Ended September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Proactive services |  | $ | 4,164 |  |  | $ | 4,417 |  |  | $ | - |  |  | $ | - |  |  | $ | 4,164 |  |  | $ | 4,471 |
Premium services |  |  | 809 |  |  |  | 886 |  |  |  | - |  |  |  | - |  |  |  | 809 |  |  |  | 886 |
Brand protection services |  |  | - |  |  |  | - |  |  |  | 60 |  |  |  | 132 |  |  |  | 60 |  |  |  | 132 |
|  | $ | 4,973 |  |  | $ | 5,303 |  |  | $ | 60 |  |  | $ | 132 |  |  | $ | 5,033 |  |  | $ | 5,435 |
|  | Precision Logistics |  |  | Authentication |  |  | Consolidated |
Revenue |  | Nine Months Ended September 30, |  |  | Nine Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Proactive services |  | $ | 11,687 |  |  | $ | 12,587 |  |  | $ | - |  |  | $ | - |  |  | $ | 11,687 |  |  | $ | 12,587 |
Premium services |  |  | 2,208 |  |  |  | 3,574 |  |  |  | - |  |  |  | - |  |  |  | 2,208 |  |  |  | 3,574 |
Brand protection services |  |  | - |  |  |  | - |  |  |  | 113 |  |  |  | 385 |  |  |  | 113 |  |  |  | 385 |
|  | $ | 13,895 |  |  | $ | 16,161 |  |  | $ | 113 |  |  | $ | 385 |  |  | $ | 14,008 |  |  | $ | 16,546 |
Contract Balances The timing of revenue recognition, billings and cash collections results in unbilled revenue (contract assets) and deferred revenue (contract liabilities) on the consolidated balance sheets. Amounts charged to our clients become billable according to the contract terms, which usually consider the delivery completion. Unbilled amounts will generally be billed and collected within 30 days but typically no longer than 60 days. When we advance bill clients prior to the work being performed, generally, such amounts will be earned and recognized in revenue within twelve months. These assets and liabilities are reported on the consolidated balance sheets on a contract-by-contract basis at the end of each reporting period. Changes in the contract asset and liability balances during the nine-month period ended September 30, 2025, were not materially impacted by any other factors. Applying the practical expedient in ASC Topic 606, we recognize the incremental costs of obtaining contracts (sales commissions) as an expense when incurred if the amortization period of the assets that we otherwise would have recognized is one year or less. As of September 30, 2025, we did not have any capitalized sales commissions. For all periods presented, contract liabilities were not significant. The following table provides information about contract assets from contracts with customers:
Schedule of contract assets from contracts with customers |  |  |  |  |  |  |  |
|  | Contract Asset |
|  | September 30, |
In Thousands |  | 2025 |  |  | 2024 |
Beginning balance, January 1 |  | $ | 733 |  |  | $ | 1,282 |
Contract asset additions |  |  | 4,967 |  |  |  | 6,464 |
Reclassification to accounts receivable, billed to customers |  |  | (5,319 | ) |  |  | (6,960 | )
Ending balance, September 30 (1) |  | $ | 381 |  |  | $ | 786 |
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| (1) | Included within "Unbilled revenue" on the accompanying Consolidated Balance sheets.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-9 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -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 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-15 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org/606/tableOfContent + Details
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