WaveDancer, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Note 3 - Revenue from Contracts with Customers (Tables)

v3.23.1

Note 3 - Revenue from Contracts with Customers (Tables)

3 Months Ended

Mar. 31, 2023

Notes Tables

Disaggregation of Revenue [Table Text Block]

	Three months ended March 31,
	2023					2022
Contract Type	Amount		Percentage			Amount		Percentage
Services time & materials	$	1,880,662		87.1	%	$	1,912,996		63.9	%
Services fixed price over time		102,402		4.7	%		51,154		1.7	%
Services combination		33,090		1.5	%		9,000		0.3	%
Services fixed price per unit		87,304		4.1	%		93,540		3.1	%
Third-party software		56,665		2.6	%		863,038		28.8	%
Software support & maintenance		-		0.0	%		49,169		1.6	%
Incentive payments		-		0.0	%		16,615		0.6	%
Total revenue	$	2,160,123		100.0	%	$	2,995,512		100.0	%

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	March 31, 2023		December 31, 2022
Billed federal government	$	1,578,443	$	1,573,407
Billed commercial		55,529		56,152
Unbilled receivables		-		-
Accounts receivable	$	1,633,972	$	1,629,559

Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]

Balance as of December 31, 2022	$	182,756
Contract liabilities added		-
Revenue recognized		(55,665	)
Balance as of March 31, 2023	$	127,091

Balance as of December 31, 2021	$	186,835
Contract liabilities added		19,280
Revenue recognized		(56,423	)
Balance as of March 31, 2022	$	149,692

Deferred Costs of Revenue [Table Text Block]

Balance as of December 31, 2021	$	154,218
Deferred costs added		2,800
Deferred costs expensed		(55,362	)
Balance as of March 31, 2022	$	101,656

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

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