Revenue Related Disclosures
|3 Months Ended|
Mar. 31, 2021
|Revenue From Contract With Customer [Abstract]|
|Revenue Related Disclosures||
Note 3. Revenue Related Disclosures
The changes in deferred revenue were as follows (in thousands):
The following table presents remaining performance obligations for contractually committed revenues as of March 31, 2021 (in thousands):
The timing of revenue recognition includes estimates of go-live dates for contracts not yet live. Contractually committed revenue includes deferred revenue as of March 31, 2021 and amounts under contract that will be invoiced after March 31, 2021.
During the three months ended March 31, 2021, the Company recognized revenues of $14.8 million from customers in the United States, and $0.2 million from customers in the Bahamas and South Africa. During the three months ended March 31, 2020, the Company recognized revenues of $10.3 million from customers in the United States and $0.2 million from customers in South Africa and the Bahamas.
During the three months ended March 31, 2021, the Company recognized revenues of $13.3 million from monthly subscription, maintenance and support services, and $1.7 million from professional software development services. During the three months ended March 31, 2020, all recognized revenues were from subscription, maintenance and support services.
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.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef