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| Revenue | Revenue We primarily earn revenue at a point in time for sandwich shop sales, which can occur in person at a shop, through our online or app platform, or through a third-party platform. Sales taxes collected from customers are excluded from revenues and the obligation is included in accrued liabilities until the taxes are remitted to the appropriate taxing authorities. We have other revenue generating activities where revenue is generally recognized over time, as outlined below. For the quarter and year to date ended June 29, 2025, revenue recognized from all revenue sources on point in time sales was $122.0 million and $233.6 million, respectively, and revenue recognized from sales over time was $1.7 million and $3.8 million, respectively. For the quarter and year to date ended June 30, 2024, revenue recognized from all revenue sources on point in time sales was $119.1 million and $229.7 million, respectively, and revenue recognized from sales over time was $0.6 million and $1.1 million, respectively. Contract Liabilities We record current and noncurrent contract liabilities in accrued expenses and other long-term liabilities, respectively, for initial franchise fees, gift cards, and the loyalty programs. We have no other contract liabilities or contract assets recorded. For the quarter and year to date ended June 29, 2025, we recognized $1.7 million and $4.5 million, respectively, related to revenue that had been deferred as of the end of the preceding period. For the quarter and year to date ended June 30, 2024 we recognized $1.9 million and $4.3 million, respectively, related to revenue that had been deferred as of the end of the preceding period. The following table includes a breakout of contract liability balances:
We expect to recognize revenue related to contract liabilities as follows, which may vary based upon franchise activity as well as gift card and loyalty program redemption patterns:
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