|12 Months Ended|
Dec. 31, 2019
|Deferred Revenue Disclosure [Abstract]|
Note 13 - Deferred Revenue
Deferred revenue as of December 31, 2019 and 2018 consisted of the following (in thousands):
The fair value of the deferred revenue approximates the services to be rendered.
The entire disclosure for deferred revenues at the end of the reporting period, and description and amounts of significant changes that occurred during the reporting period. Deferred revenue is a liability as of the balance sheet date related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP.
Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef