XML 28 R13.htm IDEA: XBRL DOCUMENT v3.25.1
Revenue
3 Months Ended
Mar. 29, 2025
Revenue from Contract with Customer [Abstract]  
Revenue
4.
Revenue

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

 

 

Three Months Ended

 

 

March 29,

 

 

March 30,

 

 

2025

 

 

2024

 

Digital Subscription Revenues

$

120,431

 

 

$

137,633

 

Workshops + Digital Subscription Revenues

 

35,292

 

 

 

47,671

 

Behavioral Subscription Revenues

$

155,723

 

 

$

185,304

 

Clinical Subscription Revenues

 

29,457

 

 

 

18,752

 

Subscription Revenues, net

$

185,180

 

 

$

204,056

 

Other Revenues, net

 

1,391

 

 

 

2,492

 

Revenues, net

$

186,571

 

 

$

206,548

 

 

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 28, 2024

 

$

31,655

 

 

$

93

 

Net increase during the period

 

 

273

 

 

 

16

 

Balance as of March 29, 2025

 

$

31,928

 

 

$

109

 

 

 

 

 

 

 

 

Balance as of December 30, 2023

 

$

33,966

 

 

$

165

 

Net increase (decrease) during the period

 

 

2,038

 

 

 

(21

)

Balance as of March 30, 2024

 

$

36,004

 

 

$

144

 

 

Revenue recognized from amounts included in current deferred revenue as of December 28, 2024 was $22,675 for the three months ended March 29, 2025. Revenue recognized from amounts included in current deferred revenue as of December 30, 2023 was $27,915 for the three months ended March 30, 2024. 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.