Quarterly report pursuant to Section 13 or 15(d)

REVENUE RECOGNITION (Tables)

v3.20.1
REVENUE RECOGNITION (Tables)
3 Months Ended
Mar. 31, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Summary of changes in contract assets and liabilities for the three months ended March 31, 2020 and 2019:
 
Three Months Ended March 31,
 
2020
 
2019
Contract assets
 
 
 
Contract assets, beginning
$

 
$
36,000

Contract assets at beginning of year transferred to accounts receivable

 

Contract assets recorded on contracts during the period

 
13,000

Contract assets, ending
$

 
$
49,000

 
 
 
 
Contract liabilities
 
 
 
Contract liabilities, beginning
$
1,731,000

 
$
271,000

Recognition of revenue included in beginning of year contract liabilities
(537,000
)
 
(112,000
)
Contract liabilities, net of revenue recognized on contracts during the period
275,000

 
45,000

Foreign currently translation
$

 
$

Contract liabilities, ending
$
1,469,000

 
$
204,000