Revenue from Contracts with Customers |
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| Revenue from Contracts with Customers | Revenue from Contracts with Customers Disaggregated Revenue Related party revenue is all generated in the United States. The following tables summarize subscription revenue and advertising revenue by region: Subscription and Advertising
Contract Balances For the three and nine months ended June 30, 2026 and June 28, 2025, the Company did not recognize material bad-debt expense and there were no material contract assets recorded on the accompanying condensed consolidated balance sheets as of June 30, 2026 and September 27, 2025. The Company’s contract liabilities primarily relate to upfront payments and consideration received from customers for subscription services. As of June 30, 2026, the Company’s contract liabilities totaled approximately $71.3 million and are recorded as deferred revenue on the accompanying condensed consolidated balance sheets. The majority of the deferred revenue is expected to be recognized as revenue within the next month. The remaining deferred revenue balance is expected to be recognized as revenue within the next twelve months. There were no contract liabilities outstanding at September 27, 2025. Transaction Price Allocated to Remaining Performance Obligations The Company does not disclose the transaction price allocated to remaining performance obligations since subscription and advertising contracts have an original expected term of one year or less.
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