ChampionX(CHX) - 2022 Q4 - Annual Report

52 Contract Balances | --- | --- | --- | --- | |----------------------------------------|------------|------------------|----------------| | (in thousands) \nContract assets | 2022 \n$| December \n—$ | 31, \n2021 \n— | | Contract liabilities | | 14,113 | 15,246 | Contract assets primarily relate to work completed for performance obligations that are satisfied over time and are recorded in prepaid expenses and other current assets on our consolidated balance sheets. Contract assets are transferred to recei ...