Quarterly report pursuant to Section 13 or 15(d)

Revenue from Contracts with Customers (Tables)

v3.21.2
Revenue from Contracts with Customers (Tables)
9 Months Ended
Sep. 30, 2021
Revenue from Contracts with Customers  
Schedule of contract receivables and liabilities

The following table provides information about contract receivables and liabilities from contracts with customers, which include deferred license revenue, deferred gift card revenue and the Konavore rewards program (in thousands):

    

September 30, 

    

December 31, 

2021

2020

Receivables (1)

$

$

125

Deferred license revenue (2)

$

418

$

1,160

Deferred gift card and gift certificate revenue (3)

$

817

$

1,945

Konavore rewards program (4)

$

127

$

102

(1) Receivables are included in accounts receivable on the condensed consolidated balance sheets.
(2) Includes the current and long-term portion of deferred license revenue.
(3) Deferred gift card revenue and advance party deposits on goods and services yet to be provided are included in deferred gift card revenue and other on the condensed consolidated balance sheets.
(4) Konavore rewards program is included in accrued expenses on the condensed consolidated balance sheets.

Schedule of changes in deferred license revenue and deferred gift card revenue

Significant changes in deferred license revenue and deferred gift card revenue for the nine months ended September 30, 2021 and 2020 are as follows (in thousands):

    

September 30, 

    

September 30, 

2021

2020

Revenue recognized from deferred license revenue

$

134

$

154

Revenue recognized from deferred gift card revenue

$

1,232

$

1,173

Schedule of estimated deferred license revenue to be recognized in the future related to performance obligations

The estimated deferred license revenue to be recognized in the future related to performance obligations that are unsatisfied as of September 30, 2021 were as follows for each year ending (in thousands):

2021, three months remaining

    

$

30

2022

 

90

2023

 

79

2024

 

45

2025

 

44

Thereafter

 

130

Total future estimated deferred license revenue

$

418