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DEFERRED REVENUES AND CUSTOMERS ADVANCES
 6 Months Ended
Jun. 30, 2024
Revenue Recognition and Deferred Revenue [Abstract]  
DEFERRED REVENUES AND CUSTOMERS ADVANCES
NOTE 13:     DEFERRED REVENUES AND CUSTOMERS ADVANCES
 
Deferred revenues consist of deferred cloud-based monitoring services, communication services, warranty extension services and advance payments received from customers for the Company’s products. Deferred revenues are classified as short-term and long-term deferred revenues based on the period in which revenues are expected to be recognized.
 
Changes in the balances of deferred revenues and customer advances during the period are as follows:
 
   
Three Months Ended June 30,
    
Six Months Ended June 30,
  
   
2024
    
2023
    
2024
    
2023
  
Balance, at the beginning of the period
  
$
254,616
    
$
224,424
    
$
255,443
    
$
213,577
  
Revenue recognized
    
(25,359
)
    
(19,000
)
    
(33,790
)
    
(21,990
)
Increase in deferred revenues and customer advances
    
21,757
      
27,404
      
29,361
      
41,241
  
Balance, at the end of the period
    
251,014
      
232,828
      
251,014
      
232,828
  
Less current portion
    
(28,457
)
    
(28,135
)
    
(28,457
)
    
(28,135
)
Long term portion
  
$
222,557
    
$
204,693
    
$
222,557
    
$
204,693
  
 
The following table includes estimated revenues expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of June 30, 2024:
 
2024
  
$
21,373
  
2025
    
14,020
  
2026
    
13,653
  
2027
    
11,559
  
2028
    
10,808
  
Thereafter
    
179,601
  
Total deferred revenues
  
$
251,014