XML 27 R10.htm IDEA: XBRL DOCUMENT v3.22.2.2
REVENUES
 3 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
REVENUES REVENUES
Based on similar operational characteristics, the Company's revenues are disaggregated as follows:

Three months ended September 30,
($ in thousands)20222021
Transaction fees$31,295 $26,421 
Subscription fees15,780 14,204 
Subscription and transaction fees$47,075 $40,625 
Equipment sales10,707 5,155 
Total revenues$57,782 $45,780 

Contract Liabilities

The Company’s contract liability (i.e., deferred revenue) balances are as follows:
Three months ended September 30,Three months ended September 30,
($ in thousands)20222021
Deferred revenue, beginning of the period$1,893 $1,763 
Deferred revenue, end of the period2,069 1,720 
Revenue recognized in the period from amounts included in deferred revenue at the beginning of the period$106 $95 

The change in the contract liability balances period-over-period is primarily the result of timing difference between the Company’s satisfaction of a performance obligation and payment from the customer.

Contract Costs

At September 30, 2022, the Company had net capitalized costs to obtain contracts of $0.5 million included in Prepaid expenses and other current assets and $2.4 million included in Other non-current assets on the Condensed Consolidated Balance Sheet. At June 30, 2022, the Company had net capitalized costs to obtain contracts of $0.5 million included in Prepaid expenses and other current assets and $2.3 million included in Other non-current assets on the Consolidated Balance Sheet. None of these capitalized contract costs were impaired.

During the three months ended September 30, 2022, amortization of capitalized contract costs was $0.2 million. During the three months ended September 30, 2021, amortization of capitalized contract costs was $0.2 million.

Future Performance Obligations
The Company will recognize revenue in future periods related to remaining performance obligations for certain open contracts. Generally, these contracts have terms of one year or less. The amount of revenue related to unsatisfied performance obligations in which the original duration of the contract is greater than one year is not significant.