WaveDancer, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Note 12 - Revenue

Note 12 - Revenue

6 Months Ended

12 Months Ended

Jun. 30, 2024

Dec. 31, 2023

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

NOTE 12: REVENUE

	Three months ended June 30,				Six months ended June 30,
	2024		2023		2024		2023
Type of goods and services
Service	$	10	$	451	$	22	$	456
Total	$	10	$	451	$	22	$	456

Timing of recognition of revenue
Point in time		3		-		7		-
Over time		7		451		15		456
Total	$	10	$	451	$	22	$	456

NOTE 14: REVENUE

	December 31
	2023		2022

Type of goods and services
Service	$	498	$	-
Total	$	498	$	-

Timing of recognition of revenue
Over time	$	498	$	-
Total	$	498	$	-

- 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
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
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+ Details