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REVENUE
 12 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
Based on similar operational characteristics, the Company's revenue is disaggregated as follows:
Year-ended June 30,
($ in thousands)202420232022
Transaction fees$156,166 $132,594 $110,695 
Subscription fees75,331 67,629 58,155 
Subscription and transaction fees231,497 200,223 168,850 
Equipment sales37,099 43,418 36,352 
Total revenues$268,596 $243,641 $205,202 

A portion of the Company’s revenues relate to rental lease arrangements. The Company leases equipment to customers under the Cantaloupe One program which is accounted for as operating leases in accordance with ASC 842. Lease revenue is recognized on a straight-line basis over the term of the lease. As described in Note 4 - Finance Receivables, the Company leases equipment under the QuickStart program which is accounted for as sales-type finance leases in accordance with ASC 842. The Company's revenues earned under ASC Topic 842 are as follows:
Year-ended June 30,
($ in thousands)202420232022
Operating leases
$8,246 $7,567 $7,107 
Sales-type finance leases
2,882 6,464 8,010 
Total lease revenues
$11,128 $14,031 $15,117 

Other than the revenues described above, all of the Company's revenues are earned under ASC 606.

The Company's revenue from international operations were $2.4 million and $0.5 million for the year ended June 30, 2024 and 2023, respectively. The Company had no revenue from international operations for the year ended June 30, 2022.

Contract Assets
Contract assets represents revenue earned from customers that is not yet billable to a customer, generally due to the timing of when equipment and services are delivered to customers on bundled contracts, or as a result of contracts costs as described below. Contract assets that will be billed within the next 12 months are included in Prepaid expenses and other current assets and all others are included in Other assets on the Consolidated Balance Sheets. Contract assets were $2.6 million, $0.6 million, and $0.0 million as of June 30, 2024, 2023, and 2022, respectively.

Contract Liabilities
The Company's contract liability (i.e., deferred revenue) balances are as follows:
Year ended June 30,
($ in thousands)20242023
Deferred revenue, beginning of the period$1,666 $1,893 
Deferred revenue, end of the period1,726 1,666 
Revenue recognized in the period from amounts included in deferred revenue at the beginning of the period617 576 
The change in the contract liabilities year-over-year is primarily the result of timing difference between the Company's satisfaction of a performance obligation and payment from the customer.
Future Performance Obligations
The Company will recognize revenue in future periods related to remaining performance obligations for certain open contracts. Generally, these contracts have terms of one year or less. The amount of revenue related to unsatisfied performance obligations in which the original duration of the contract is greater than one year are primarily associated with the Company's Cantaloupe ONE rental program which has a contractual term of 36 months.
The following table reflects the estimated fees to be recognized in the future related to performance obligations that are unsatisfied as of June 30, 2024:
($ in thousands)
Year ended June 30,
20255,938 
20263,420 
2027575 
     Total$9,933 
Contract Costs
At June 30, 2024 and 2023, the Company had net capitalized costs to obtain contracts of $0.9 million and $0.6 million included in Prepaid expenses and other current assets and $2.4 million and $2.8 million included in Other assets on the Consolidated Balance Sheets, respectively. None of these capitalized contract costs were impaired. During the years ended June 30, 2024 and 2023, amortization of capitalized contract costs was $1.0 million and $0.8 million, respectively. Amortization of
costs to obtain a contract are included within Sales and marketing expenses within the Consolidated Statements of Operations.