NOTE 9.

DEFERRED REVENUE

 

Deferred revenue consisted of the following at June 30:

 

  

2025

  

2024

 

Subscription

 $2,799,317  $2,085,621 

Other

  376,591   355,613 
  $3,175,908  $2,441,234 

 

Historical Timeline

Fiscal YearFiled
2025Sep 29, 2025Showing above
2024Sep 30, 2024
2023Sep 28, 2023
2022Sep 28, 2022
2021Sep 28, 2021
2020Sep 28, 2020
2019Sep 12, 2019
2018Sep 13, 2018
2017Sep 13, 2017
2016Sep 7, 2016

About Revenue Disclosures

Revenue disclosures under ASC 606 explain how a company identifies performance obligations, allocates transaction prices, and determines when revenue is recognized. This section is essential for understanding whether reported revenue reflects genuine economic activity or aggressive accounting choices. Analysts examine the mix of point-in-time versus over-time recognition, which directly affects revenue timing and comparability.

Key signals: rising contract liabilities (deferred revenue) suggest strong future revenue visibility, while declining contract assets may indicate slowing project milestones. Watch for variable consideration estimates — rebates, returns, and performance bonuses that require management judgment. Significant changes in disaggregated revenue by geography or product line can reveal shifting business mix before it appears in headline numbers. Compare revenue growth against contract liability growth to assess sustainability, and scrutinize any changes in the timing of recognition that coincide with earnings pressure.