| Summary of Disaggregation of Revenue by Major Source and Geographic Location |
The following table disaggregates our revenue by major source for the three and six months ended June 30, 2018 and 2017:
|
|
|
Three Months Ended June 30,
|
|
|
Six Months Ended June 30,
|
|
|
|
|
2018
|
|
|
2017
|
|
|
2018
|
|
|
2017
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Table games
|
|
$
|
4,413,878
|
|
|
$
|
3,522,221
|
|
|
$
|
8,607,035
|
|
|
$
|
6,875,153
|
|
|
E-tables
|
|
|
113,837
|
|
|
|
121,452
|
|
|
|
272,665
|
|
|
|
234,981
|
|
|
Other
|
|
|
8,458
|
|
|
|
15,135
|
|
|
|
17,167
|
|
|
|
23,970
|
|
|
Total revenue
|
|
$
|
4,536,173
|
|
|
$
|
3,658,808
|
|
|
$
|
8,896,867
|
|
|
$
|
7,134,104
|
|
The following table disaggregates our revenue by geographic location for the three and six months ended June 30, 2018 and 2017:
|
|
|
Three Months Ended June 30,
|
|
|
Six Months Ended June 30,
|
|
|
|
|
2018
|
|
|
2017
|
|
|
2018
|
|
|
2017
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
North America and Caribbean
|
|
$
|
3,494,692
|
|
|
$
|
3,034,662
|
|
|
$
|
6,945,401
|
|
|
$
|
5,871,552
|
|
|
Europe
|
|
|
1,041,481
|
|
|
|
624,146
|
|
|
|
1,951,466
|
|
|
|
1,262,552
|
|
|
Total revenue
|
|
$
|
4,536,173
|
|
|
$
|
3,658,808
|
|
|
$
|
8,896,867
|
|
|
$
|
7,134,104
|
|
|
| Summary of Changes in Revenue Contract Liability |
The table below summarizes changes in the revenue contract liability during the six months ended June 30, 2018:
|
|
|
Revenue Contract liability
|
|
|
Beginning balance – January 1, 2018
|
|
$
|
1,083,639
|
|
|
Increase (advanced billings)
|
|
|
6,730,824
|
|
|
Decrease (revenue recognition)
|
|
|
(6,627,156
|
)
|
|
Ending balance – June 30. 2018
|
|
$
|
1,187,307
|
|
|
| Summary of Adoption of ASC 606 had Impact on Statement of Operations |
For the three months ended June 30, 2018, the adoption of ASC 606 had the following impact on our statement of operations:
|
|
|
Three Months Ended June 30, 2018
|
|
|
|
|
As reported
|
|
|
Balance without the adoption of ASC 606
|
|
|
Impact of the adoption
|
|
|
Product leases and royalties
|
|
$
|
4,536,350
|
|
|
$
|
4,270,278
|
|
|
$
|
266,072
|
|
|
Selling, general and administrative expense
|
|
$
|
2,597,089
|
|
|
$
|
2,331,017
|
|
|
$
|
266,072
|
|
For the six months ended June 30, 2018, the adoption of ASC 606 had the following impact on our statement of operations:
|
|
|
Six Months Ended June 30, 2018
|
|
|
|
|
As reported
|
|
|
Balance without the adoption of ASC 606
|
|
|
Impact of the adoption
|
|
|
Product leases and royalties
|
|
$
|
8,896,705
|
|
|
$
|
8,423,936
|
|
|
$
|
472,769
|
|
|
Selling, general and administrative expense
|
|
$
|
5,182,159
|
|
|
$
|
4,709,390
|
|
|
$
|
472,769
|
|
|