The two new contracts, secured during the second quarter of 2026, represent a combined total contract value of $47 million to be recognized over the next three years. Each agreement carries a seven-figure annual recurring revenue commitment, reinforcing the company's position in the enterprise market.

Management clarified that these wins operate independently of previous deferred deals. One significant contract, originally pushed back from the fourth quarter of 2025, was successfully closed in the first quarter of 2026, creating a separate stream of growth alongside the latest additions.