REVENUE RECOGNITION (Tables)

6 Months Ended

Jun. 30, 2024

Immersion Corporation [Member]

Disaggregation of Revenue [Line Items]

Schedule of disaggregation of revenue

The following table presents the disaggregation of our revenue of Immersion for the three and six months ended June 30, 2024 and 2023 (in thousands):

		Three Months Ended June 30,				Six Months Ended June 30,
		2024		2023		2024		2023
Fixed fee license revenue	$	48,779	$	1,254	$	87,507	$	2,404
Per-unit royalty revenue		3,624		5,729		8,743		11,653
Total revenues	$	52,403	$	6,983	$	96,250	$	14,057

Schedule of deferred revenue

The following table presents changes in deferred revenue associated with Immersion’s contract liabilities (in thousands): 

		June 30, 2024
Deferred revenue at the beginning of period	$	12,629
Additions to deferred revenue during the period		10,526
Reductions to deferred revenue for revenue recognized during the period		(2,408	)
Deferred revenue balance at the end of period:	$	20,747

Barnes and Noble Education, Inc. [Member]

Disaggregation of Revenue [Line Items]

Schedule of disaggregation of revenue

The following table disaggregated the revenue associated with our major product and service offerings (in thousands):

		June 10 2024, to June 30, 2024
Course material sale	$	26,814
General merchandise sale		16,008
Services and other revenue		2,251
Total product and other revenue		45,073
Course material rental income		1,948
Total revenue	$	47,021

Schedule of deferred revenue

The following table presents changes in deferred revenue associated with Barnes & Noble Education's contract liabilities (in thousands): 

		June 30, 2024
Deferred revenue as of the acquisition date	$	11,044
Additions to deferred revenue during the period		2,943
Reductions to deferred revenue for revenue recognized during the period		(2,435	)
Deferred revenue balance at the end of period:	$	11,552