CONTRACTS WITH CUSTOMERS AND REVENUE CONCENTRATION |
3 Months Ended |
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Mar. 31, 2026 | |
| Revenue from Contract with Customer [Abstract] | |
| CONTRACTS WITH CUSTOMERS AND REVENUE CONCENTRATION | CONTRACTS WITH CUSTOMERS AND REVENUE CONCENTRATION Receivables Receivables from contracts with customers, net of allowance for credit losses of $7,610, were $13,467 at March 31, 2026. Receivables from contracts with customers, net of allowance for credit losses of $7,206, were $15,859 at December 31, 2025. We had a provision for expected losses of $9, write-offs charged against the allowance for credit losses of $37, and recoveries on previously written off receivables of $432 during the three months ended March 31, 2026. We had a provision for expected losses of $93, write-offs charged against the allowance for credit losses of $22, and recoveries on previously written off receivables of $145 during the three months ended March 31, 2025. As of March 31, 2026, we had two customers that accounted for $1,383 and $1,354, or 10% and 10% respectively, of our net accounts receivable balance. The receivable balance is not collateralized, and thus the entire $2,737 is at risk of loss. As of December 31, 2025, we had one customer that accounted for $1,879 or 13% of our net accounts receivable balance. Contract Assets Costs to Fulfill Contracts Contract assets from contracts with customers were $4,713 and $3,747 at March 31, 2026 and December 31, 2025, respectively. Costs to Obtain Contracts Deferred commission costs from contracts with customers were $15,290 and $14,721 at March 31, 2026, and December 31, 2025, respectively. The amount of amortization recognized for the three months ended March 31, 2026, and March 31, 2025, was $809 and $737, respectively. Deferred Revenue During the three months ended March 31, 2026 and 2025, revenue of $8,874 and $5,990, respectively, was recognized from the deferred revenue balance at the beginning of each period. Transaction Price Allocated to the Remaining Performance Obligations As of March 31, 2026, approximately $85,567 of revenue is expected to be recognized from remaining performance obligations. We expect to recognize revenue on approximately 38% of these remaining performance obligations over the next 12 months, with the balance recognized thereafter. These amounts exclude remaining performance obligations related to contracts for professional services for tax and payroll offerings whose remaining contractual term is less than one year as of March 31, 2026. Revenue Concentration During the three months ended March 31, 2026 and 2025, there were no customers that individually represented 10% or more of consolidated revenue.
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