Quarterly report pursuant to Section 13 or 15(d)

Revenue from contracts with customers (Tables)

v3.20.2
Revenue from contracts with customers (Tables)
6 Months Ended
Jun. 30, 2020
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):

 

 

 

 

 

 

 

 

 

    

June 30, 

    

December 31, 

 

 

2020

 

2019

Receivables (1)

 

$

125

 

$

250

Deferred license revenue (2)

 

$

1,266

 

$

1,368

Deferred gift card and gift certificate revenue (3)

 

$

2,469

 

$

3,210

Konavore rewards program (4)

 

$

89

 

$

84


(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 is 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 six months ended June 30, 2020 and 2019 are as follows (in thousands):

 

 

 

 

 

 

 

 

 

    

June 30, 

    

June 30, 

 

 

2020

 

2019

Revenue recognized from deferred license revenue

 

$

103

 

$

100

Revenue recognized from deferred gift card revenue

 

$

866

 

$

566

 

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

As of June 30, 2020, the estimated deferred license revenue to be recognized in the future related to performance obligations that are unsatisfied as of June 30, 2020 were as follows for each year ending (in thousands):

 

 

 

 

 

2020, six months remaining

    

$

103

2021

 

 

206

2022

 

 

181

2023

 

 

169

2024

 

 

134

Thereafter

 

 

473

Total future estimated deferred license revenue

 

$

1,266