Revenue

6 Months Ended

Jun. 29, 2024

Revenue from Contract with Customer [Abstract]

Revenue

4.Revenue

Revenues are recognized when control of the promised services or goods is transferred to the Company’s customers in an amount that reflects the consideration it expects to be entitled to in exchange for those services or goods.

The following table presents the Company’s revenues disaggregated by revenue source:

	Three Months Ended				Six Months Ended
	June 29,		July 1,		June 29,		July 1,
	2024		2023		2024		2023
Digital Subscription Revenues	$	134,551	$	147,381	$	272,185	$	296,725
Workshops + Digital Subscription Revenues		45,682		57,167		93,352		118,855
Clinical Subscription Revenues		19,723		7,592		38,475		7,592
Subscription Revenues, net	$	199,956	$	212,140	$	404,012	$	423,172
Other Revenues, net		2,117		14,690		4,609		45,552
Revenues, net	$	202,073	$	226,830	$	408,621	$	468,724

Information about Contract Balances

For Subscription Revenues, the Company can collect payment in advance of providing services. Any amounts collected in advance of services being provided are recorded in deferred revenue. In the case where amounts are not collected, but the service has been provided and the revenue has been recognized, the amounts are recorded in accounts receivable. The opening and ending balances of the Company’s deferred revenues were as follows:

	Deferred			Deferred
	Revenue			Revenue-Long Term
Balance as of December 30, 2023	$	33,966		$	165
Net decrease during the period		(117	)		(73	)
Balance as of June 29, 2024	$	33,849		$	92
Balance as of December 31, 2022	$	32,156		$	360
Net increase (decrease) during the period		3,549			(110	)
Balance as of July 1, 2023	$	35,705		$	250

Revenue recognized from amounts included in current deferred revenue as of December 30, 2023 was $30,757 for the six months ended June 29, 2024. Revenue recognized from amounts included in current deferred revenue as of December 31, 2022 was $31,096 for the six months ended July 1, 2023. The Company’s long-term deferred revenue, which is included in other liabilities on its consolidated balance sheets, represents revenue that will not be recognized during the next 12 months and is generally related to upfront payments received as an inducement for entering into certain sales-based royalty agreements with third-party licensees. This revenue is amortized on a straight-line basis over the term of the applicable agreement.