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)

v3.24.1.1.u2

Note 3 - Revenue From Contracts With Customers (Tables)

3 Months Ended

Mar. 31, 2024

Notes Tables

Disaggregation of Revenue [Table Text Block]

	Three Months Ended March 31,
	2024					2023
Contract Type	Amount		Percentage			Amount		Percentage
Services time & materials	$	1,654,001		86.4	%	$	1,880,662		87.1	%
Services fixed price over time		107,475		5.6	%		102,402		4.7	%
Services combination		31,920		1.7	%		33,090		1.5	%
Services fixed price per unit		92,471		4.8	%		87,304		4.1	%
Third-party software		29,505		1.5	%		56,665		2.6	%
Total revenue	$	1,915,372		100.0	%	$	2,160,123		100.0	%

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

	March 31, 2024		December 31, 2023
Billed federal government	$	774,764	$	1,110,001
Billed commercial and local government		-		6,600
Unbilled receivables		1,261		1,261
Accounts receivable	$	776,025	$	1,117,862

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

Balance at December 31, 2023	$	114,540
Contract liabilities added		26,026
Revenue recognized		(55,531	)
Balance at March 31, 2024	$	85,035

Balance at December 31, 2022	$	182,756
Revenue recognized		(55,665	)
Balance at March 31, 2023	$	127,091

Deferred Costs of Revenue [Table Text Block]

Balance at December 31, 2023	$	87,988
Deferred costs expensed		(29,330	)
Balance at March 31, 2024	$	58,658

- 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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