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REVENUES
3 Months Ended
Sep. 30, 2023
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)20232022
Transaction fees$37,030 $31,295 
Subscription fees18,105 15,780 
Subscription and transaction fees$55,135 $47,075 
Equipment sales7,548 10,707 
Total revenues$62,683 $57,782 

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)20232022
Deferred revenue, beginning of the period$1,666 $1,893 
Deferred revenue, end of the period1,940 2,069 
Revenue recognized in the period from amounts included in deferred revenue at the beginning of the period$92 $106 

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.

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 are primarily associated with the Company's Cantaloupe ONE rental program which has a contractual term of 36 months. The following table reflects the estimated fees to be recognized in the future related to performance obligations that are unsatisfied as of September 30, 2023:
($ in thousands)As of September 30, 2023
Remainder of 2024$4,177 
20255,425 
20262,778 
Thereafter— 
     Total$12,380 

Contract Costs

At September 30, 2023, the Company had net capitalized costs to obtain contracts of $0.6 million included in Prepaid expenses and other current assets and $2.8 million included in Other noncurrent assets on the Condensed Consolidated Balance Sheet. At June 30, 2023, the Company had net capitalized costs to obtain contracts of $0.6 million included in Prepaid expenses and other current assets and $2.8 million included in Other noncurrent assets on the Condensed Consolidated Balance Sheet. None of these capitalized contract costs were impaired.

During the three months ended September 30, 2023, amortization of capitalized contract costs was $0.2 million. During the three months ended September 30, 2022, amortization of capitalized contract costs was $0.2 million.