ASC 606 over-time
FY2025 · 16 contracts
As of Nov 18, 2025

Revenue recognition & deferred balances

Every campaign is a performance obligation. Revenue is recognized from verified Boostr delivery (usage), straight-lined across the campaign term with usage catch-up, or on accepted milestones — with deferred revenue and unbilled contract assets tracked to the month.

Recognized FY25

$10.15M

65.3% of contracted value

Deferred revenue

$1.19M

Contract liability on the balance sheet

Contract asset

$932.1K

Recognized ahead of billing

December forecast

$1.43M

$710.9K billed in Nov 25

Recognition curve — billed, recognized and deferred
$NaN$NaN$NaN$NaN$NaNJan 25Feb 25Mar 25Apr 25May 25Jun 25Jul 25Aug 25Sep 25Oct 25Nov 25Dec 25
BilledRecognizedDeferred balanceContract asset
Recognition method mix
$10.15Mrecognized
Usage-based (delivery)8,021,99777.6%
Straight-line (over time)2,237,70221.7%
Milestone73,6660.7%
Usage-based (delivery)27 obligations · $8.02M
Straight-line (over time)5 obligations · $2.24M
Milestone2 obligations · $73.7K
Revenue ledger
PeriodBilledRecognizedDeferred (end)Contract assetNet positionRecognized vs billedStatus
Jan 25$195,476$195,476$NaN$0$NaN
100%
posted
Feb 25$417,898$445,246$NaN$27,348$NaN
107%
posted
Mar 25$750,150$728,073$NaN$5,271$NaN
97%
posted
Apr 25$723,170$728,583$NaN$10,683$NaN
101%
posted
May 25$813,305$828,529$NaN$25,907$NaN
102%
posted
Jun 25$1,149,841$1,143,166$NaN$19,233$NaN
99%
posted
Jul 25$967,324$948,091$NaN$0$NaN
98%
posted
Aug 25$1,136,005$1,138,412$NaN$2,407$NaN
100%
posted
Sep 25$1,176,554$986,346$NaN$17,306$NaN
84%
posted
Oct 25$1,858,875$1,634,645$NaN$12,096$NaN
88%
posted
Nov 25
current
$710,891$1,376,292$NaN$811,838$NaN
160%
pending
Dec 25$0$180,506$NaN$936,670$NaN
100%
forecast
FY2025 total$9,899,489$10,333,365$NaN$811,838

Nov 25 obligation detail

ObligationMethodBeginning deferredBilledRecognizedEnding deferred

Vertex — Black Friday Retail Media

Verified delivery × CPM rate

usage
$0$0$225,976$0

Helios — Winter Originals CTV Launch

Verified delivery × CPM rate

usage
$0$151,922$151,922$0

Northwind — Holiday Device Burst

Verified delivery × CPM rate

usage
$0$108,649$108,649$0

Vertex — Cyber Week Sponsored Products

Verified delivery × CPC rate

usage
$0$0$94,538$0

Helios — Companion Display Takeover

Straight-line over 6 months (usage catch-up applied)

straight-line
$0$58,484$83,333$0

Astra Motors — EV Line CTV Launch

Straight-line over 10 months (usage catch-up applied)

straight-line
$0$0$78,000$0

Helios — Winter Companion Display

Verified delivery × CPM rate

usage
$0$72,938$72,938$0

Northwind — Q4 Device Upgrade Push

Verified delivery × CPM rate

usage
$0$67,771$67,771$0

Northwind — Holiday CTV Incremental

Verified delivery × CPM rate

usage
$0$66,930$66,930$0

Vertex — Retail Media H2 Brand

Verified delivery × CPM rate

usage
$0$0$63,739$0

Ironclad — Always-On Brand Display

Straight-line over 11 months (usage catch-up applied)

straight-line
$0$0$63,636$0

Northwind — Streaming Audio Retargeting

Verified delivery × CPC rate

usage
$0$49,856$49,856$0

Astra Motors — EV Configurator CPC

Verified delivery × CPC rate

usage
$0$0$43,774$0

Kestrel — Airport DOOH Network

Straight-line over 7 months (usage catch-up applied)

straight-line
$0$0$41,942$0
Deferred revenue by customer
Helios Streaming$1.02M
Ironclad Insurance$163.8K
Backlog by delivery quarter
Q4 2025$1.31M

1.31M backlog

Q1 2026$2.19M

2.19M backlog

Q2 2026$752.0K

0.75M backlog

Deferred revenue bridge (FY2025)

1. Opening deferred

$0

2. Billed in FY25

$9,899,489

3. Recognized in FY25

$10,333,365

4. Closing deferred

$558,468

Deferred revenue roll-forward
PeriodOpeningAdditionsReleasedClosing
Jan 25$0$195,476$195,476$NaN
Feb 25$0$417,898$417,898$NaN
Mar 25$0$750,150$728,073$NaN
Apr 25$0$723,170$723,170$NaN
May 25$0$813,305$813,305$NaN
Jun 25$0$1,149,841$1,127,499$NaN
Jul 25$0$967,324$948,091$NaN
Aug 25$0$1,136,005$1,136,005$NaN
Close checklist
!

All published evidence reports invoiced

50 reports awaiting billing

Disputed delivery resolved

0 disputes open

!

Revenue posted for current period

0 of 24 rows posted

Deferred roll-forward reviewed

$1.19M closing balance

Contract asset aged and reviewed

$932.1K unbilled