CareCloud(CCLD) - 2023 Q2 - Quarterly Report

We apply the portfolio approach as permitted by ASC 606 as a practical expedient to contracts with similar characteristics and we use estimates and assumptions when accounting for those portfolios. Our contracts generally include standard commercial payment terms. We have no significant obligations for refunds, warranties or similar obligations and our revenue does not include taxes collected from our customers. Technology-enabled business solutions: Revenue derived on an on-going basis from our technology- ...