Annual report pursuant to Section 13 and 15(d)

REVENUE RECOGNITION (Tables)

v3.19.1
REVENUE RECOGNITION (Tables)
 12 Months Ended
Dec. 31, 2018
Revenue Recognition [Line Items]  
Summary of Disaggregation of Revenue by Major Source and Geographic Location

Disaggregation of Revenue.  The following table disaggregates our revenue by major source for the year ended December 31, 2018 and 2017:

 

 

 

Year Ended December 31,

 

 

 

2018

 

 

2017

 

Table games

 

$

18,156,281

 

 

$

14,404,275

 

Other

 

 

404,387

 

 

 

451,301

 

Total revenue

 

$

18,560,668

 

 

$

14,855,576

 

The following table disaggregates our revenue by geographic location for the year ended December 31, 2018 and 2017:

 

 

 

Year Ended December 31,

 

 

 

2018

 

 

2017

 

North America and Caribbean

 

$

14,275,967

 

 

$

12,121,327

 

Europe

 

 

4,284,701

 

 

 

2,734,249

 

Total revenue

 

$

18,560,668

 

 

$

14,855,576

 
Summary of Changes in Revenue Contract Liability

The table below summarizes changes in the revenue contract liability during year ended December 31, 2018:

 

 

 

Revenue Contract liability

 

Beginning balance – January 1, 2018

 

$

1,083,639

 

Increase (advanced billings)

 

 

14,127,961

 

Decrease (revenue recognition)

 

 

(13,773,108

)

Ending balance – December 31, 2018

 

$

1,438,492

 
ASC 606  
Revenue Recognition [Line Items]  
Summary of Adoption of ASC 606 had Impact on Statement of Operations

For the year ended December 31, 2018, the adoption of ASC 606 had the following impact on our statement of operations:

 

 

 

Year ended December 31, 2018

 

 

 

As reported

 

 

Balance without the

adoption of ASC 606

 

 

Impact of the

adoption

 

Product leases and royalties

 

$

18,559,720

 

 

$

17,573,083

 

 

$

986,637

 

Selling, general and administrative

   expense

 

$

10,903,623

 

 

$

9,916,986

 

 

$

986,637