| 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 September 30, 2018 and 2017:
|
|
|
Three Months Ended September 30,
|
|
|
Nine Months Ended September 30,
|
|
|
|
|
2018
|
|
|
2017
|
|
|
2018
|
|
|
2017
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Table games
|
|
$
|
4,666,150
|
|
|
$
|
3,720,987
|
|
|
$
|
13,273,184
|
|
|
$
|
10,596,140
|
|
|
Other
|
|
|
109,634
|
|
|
|
109,433
|
|
|
|
399,466
|
|
|
|
368,384
|
|
|
Total revenue
|
|
$
|
4,775,784
|
|
|
$
|
3,830,420
|
|
|
$
|
13,672,650
|
|
|
$
|
10,964,524
|
|
The following table disaggregates our revenue by geographic location for the three and six months ended September 30, 2018 and 2017:
|
|
|
Three Months Ended September 30,
|
|
|
Nine Months Ended September 30,
|
|
|
|
|
2018
|
|
|
2017
|
|
|
2018
|
|
|
2017
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
North America and Caribbean
|
|
$
|
3,622,729
|
|
|
$
|
3,177,942
|
|
|
$
|
10,568,129
|
|
|
$
|
9,049,494
|
|
|
Europe
|
|
|
1,153,055
|
|
|
|
652,478
|
|
|
|
3,104,521
|
|
|
|
1,915,030
|
|
|
Total revenue
|
|
$
|
4,775,784
|
|
|
$
|
3,830,420
|
|
|
$
|
13,672,650
|
|
|
$
|
10,964,524
|
|
|
| Summary of Changes in Revenue Contract Liability |
The table below summarizes changes in the revenue contract liability during the nine months ended September 30, 2018:
|
|
|
Revenue Contract liability
|
|
|
Beginning balance – January 1, 2018
|
|
$
|
1,083,639
|
|
|
Increase (advanced billings)
|
|
|
10,234,834
|
|
|
Decrease (revenue recognition)
|
|
|
(10,097,215
|
)
|
|
Ending balance – September 30, 2018
|
|
$
|
1,221,258
|
|
|
| Summary of Adoption of ASC 606 had Impact on Statement of Operations |
For the three months ended September 30, 2018, the adoption of ASC 606 had the following impact on our statement of operations:
|
|
|
Three Months Ended September 30, 2018
|
|
|
|
|
As reported
|
|
|
Balance without the adoption of ASC 606
|
|
|
Impact of the adoption
|
|
|
Product leases and royalties
|
|
$
|
4,775,754
|
|
|
$
|
4,544,912
|
|
|
$
|
230,842
|
|
|
Selling, general and administrative expense
|
|
$
|
2,559,056
|
|
|
$
|
2,328,214
|
|
|
$
|
230,842
|
|
For the six months ended September 30, 2018, the adoption of ASC 606 had the following impact on our statement of operations:
|
|
|
Nine Months Ended September 30, 2018
|
|
|
|
|
As reported
|
|
|
Balance without the adoption of ASC 606
|
|
|
Impact of the adoption
|
|
|
Product leases and royalties
|
|
$
|
13,672,459
|
|
|
$
|
12,968,848
|
|
|
$
|
703,611
|
|
|
Selling, general and administrative expense
|
|
$
|
7,741,213
|
|
|
$
|
7,037,602
|
|
|
$
|
703,611
|
|
|