Quarterly report pursuant to Section 13 or 15(d)

Revenue from Contracts with Customers (Tables)

v3.22.1
Revenue from Contracts with Customers (Tables)
3 Months Ended
Mar. 31, 2022
Revenue from Contracts with Customers  
Schedule of contract liabilities

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

    

March 31, 

    

December 31, 

2022

2021

Deferred license revenue (1)

$

357

$

388

Deferred gift card and gift certificate revenue (2)

$

1,214

$

1,769

Konavore rewards program (3)

$

144

$

136

(1) Includes the current and long-term portion of deferred license revenue.
(2) 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.
(3) 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 three months ended March 31, 2022 and 2021 are as follows (in thousands):

    

March 31, 

    

March 31, 

2022

2021

Revenue recognized from deferred license revenue

$

31

$

52

Revenue recognized from deferred gift card revenue

$

627

$

587

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 March 31, 2022 were as follows for each year ending (in thousands):

2022, nine months remaining

    

$

59

2023

 

79

2024

 

45

2025

 

44

2026

 

37

Thereafter

 

93

Total future estimated deferred license revenue

$

357