| Schedule of Disaggregation of Revenue |
Schedule
of Disaggregation of Revenue
Revenue
by Contract Type
| |
|
Treatment |
|
|
Services |
|
|
Total |
|
|
Treatment |
|
|
Services |
|
|
Total |
|
| (In thousands) |
|
Three Months Ended |
|
|
Three Months Ended |
|
| |
|
March 31, 2024 |
|
|
March 31, 2023 |
|
| |
|
Treatment |
|
|
Services |
|
|
Total |
|
|
Treatment |
|
|
Services |
|
|
Total |
|
| Fixed price |
|
$ |
8,709 |
|
|
$ |
4,314 |
|
|
$ |
13,023 |
|
|
$ |
9,594 |
|
|
$ |
8,647 |
|
|
$ |
18,241 |
|
| Time and materials |
|
|
— |
|
|
|
594 |
|
|
|
594 |
|
|
|
— |
|
|
|
1,866 |
|
|
|
1,866 |
|
| Total |
|
$ |
8,709 |
|
|
$ |
4,908 |
|
|
$ |
13,617 |
|
|
$ |
9,594 |
|
|
$ |
10,513 |
|
|
$ |
20,107 |
|
Revenue
by generator
| |
|
Treatment |
|
|
Services |
|
|
Total |
|
|
Treatment |
|
|
Services |
|
|
Total |
|
| (In thousands) |
|
Three Months Ended |
|
|
Three Months Ended |
|
| |
|
March 31, 2024 |
|
|
March 31, 2023 |
|
| |
|
Treatment |
|
|
Services |
|
|
Total |
|
|
Treatment |
|
|
Services |
|
|
Total |
|
| Domestic government |
|
$ |
5,761 |
|
|
$ |
4,303 |
|
|
$ |
10,064 |
|
|
$ |
7,257 |
|
|
$ |
9,718 |
|
|
$ |
16,975 |
|
| Domestic commercial |
|
|
2,501 |
|
|
|
504 |
|
|
|
3,005 |
|
|
|
2,206 |
|
|
|
597 |
|
|
|
2,803 |
|
| Foreign government |
|
|
— |
|
|
|
79 |
|
|
|
79 |
|
|
|
95 |
|
|
|
177 |
|
|
|
272 |
|
| Total |
|
$ |
8,709 |
|
|
$ |
4,908 |
|
|
$ |
13,617 |
|
|
$ |
9,594 |
|
|
$ |
10,513 |
|
|
$ |
20,107 |
|
|
| Schedule of Contract Balances |
The
timing of revenue recognition and billings results in unbilled receivables (contract assets). The Company’s contract liabilities
consist of deferred revenues which represent advance payment from customers in advance of the completion of our performance obligation.
The following table represents changes in our contract asset and contract liabilities balances:
Schedule
of Contract Balances
| |
|
|
|
|
|
|
|
Year-to-date |
|
|
Year-to-date |
|
| (In thousands) |
|
March 31, 2024 |
|
|
December 31, 2023 |
|
|
Change ($) |
|
|
Change (%) |
|
| Contract assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Unbilled receivables - current |
|
$ |
8,797 |
|
|
$ |
8,432 |
|
|
$ |
365 |
|
|
|
4.3 |
% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Contract liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Deferred revenue |
|
$ |
7,295 |
|
|
$ |
6,815 |
|
|
$ |
480 |
|
|
|
7.0 |
% |
|