Annual report pursuant to Section 13 and 15(d)

Revenue recognition (Tables)

v3.24.0.1
Revenue recognition (Tables)
12 Months Ended
Dec. 31, 2023
Revenue recognition  
Schedule of contract 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 and deposits from customers for future events (in thousands):

    

December 31, 

    

December 31, 

2023

2022

Deferred license revenue (1)

 

218

 

297

Deferred gift card revenue (2)

1,716

1,680

Advanced party deposits (2)

361

435

Konavore rewards program (3)

177

163

(1) Includes the current and long-term portion of deferred license revenue which are included in other current liabilities and other long-term liabilities on the consolidated balance sheets.
(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 consolidated balance sheets.
(3) Konavore rewards program is included in accrued expenses on the consolidated balance sheets.
Revenue recognized during the period from contract liabilities

Revenue recognized during the period from contract liabilities as of the preceding fiscal year end date is as follows (in thousands):

    

December 31, 

    

December 31, 

2023

2022

Revenue recognized from deferred license revenue

$

79

$

79

Revenue recognized from deferred gift card revenue

 

1,325

 

1,295

Revenue recognized from advanced party deposits

279

248

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 December 31, 2023 were as follows for each year ending (in thousands):

2024

    

$

44

2025

 

44

2026

 

37

2027

 

34

2028

 

34

Thereafter

 

25

Total future estimated deferred license revenue

$

218