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Gift Cards
12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Gift Cards
(7)
Gift Cards

Total deferred revenue related to gift cards include the full value of the unredeemed gift card balances less recognized breakage and the unamortized portion of third party fees. The following tables present information related to gift cards (in thousands):

 

 

 

For the year ended December 31,

 

(in thousands)

 

2024

 

Gift card liabilities:

 

 

 

Beginning Balance

 

$

-

 

Gift Card Activations

 

$

9,563

 

Gift Card Redemptions

 

$

(2,964

)

Gift Card Breakage

 

$

(616

)

Ending Balance

 

$

5,983