v3.26.3
REVENUE RECOGNITION (Tables)
 3 Months Ended
Jul. 31, 2026
Immersion  
Disaggregation of Revenue [Line Items]  
Schedule of disaggregation of revenue

The following table presents the disaggregation of Immersion’s revenue for the three months ended July 31, 2026 and 2025 (in thousands):

 

 

Three Months Ended July 31,

 

 

2026

 

 

2025

 

Fixed fee license revenue

 

$

832

 

 

$

736

 

Per-unit royalty revenue

 

 

2,972

 

 

 

3,136

 

Total royalty and license revenue

 

$

3,804

 

 

$

3,872

 
Schedule of deferred revenue

The following table presents changes in deferred revenue associated with our contract liabilities (in thousands):

 

July 31,
2026

 

 

April 30,
2026

 

Deferred revenue beginning of the period

 

$

5,790

 

 

$

8,728

 

Additions to deferred revenue during the period

 

 

—

 

 

 

—

 

Reductions to deferred revenue for revenue recognized during the period

 

 

(732

)

 

 

(2,938

)

Deferred revenue balance end of the period

 

$

5,058

 

 

$

5,790

 
Barnes & Noble Education, Inc.  
Disaggregation of Revenue [Line Items]  
Schedule of disaggregation of revenue

The following table presents disaggregated revenue associated with Barnes & Noble Education’s major products and service offerings (in thousands):

 

 

 

Three Months Ended July 31,

 

 

2026

 

 

2025

 

Course material product sales

 

$

180,443

 

 

$

157,598

 

General merchandise product sales (a)

 

 

75,987

 

 

 

97,710

 

Services and other revenue (b)

 

 

20,429

 

 

 

18,871

 

Total product and other revenue

 

 

276,859

 

 

 

274,179

 

Course material rental income

 

 

13,736

 

 

 

13,981

 

Total revenue

 

$

290,595

 

 

$

288,160

 
a)
Logo general merchandise sales are recognized on a net basis as commission revenue in the condensed consolidated financial statements.
b)
Service and other revenue primarily relates to brand partnership marketing and other service revenues.
Schedule of deferred revenue

The following table presents changes in deferred revenue associated with Barnes & Noble Education's contract liabilities (in thousands):

 

July 31,
2026

 

 

April 30,
2026

 

Deferred revenue as of the beginning of the period

 

$

13,193

 

 

$

13,566

 

Additions to deferred revenue during the period

 

 

19,431

 

 

 

179,893

 

Reductions to deferred revenue for revenue recognized during the period

 

 

(19,802

)

 

 

(180,266

)

Deferred revenue balance at the end of period

 

$

12,822

 

 

$

13,193