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REVENUE (Tables) | 6 Months Ended
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Dec. 31, 2021
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | Based on similar operational characteristics, the Company's revenue is disaggregated as follows:
| Three months ended December 31, |  | Six months ended December 31,
($ in thousands) | 2021 |  | 2020 |  | 2021 |  | 2020
Transaction fees | $ | 26,775 |  |  | $ | 20,454 |  |  | $ | 53,195 |  |  | $ | 40,131 |
Subscription fees | 14,413 |  |  | 12,760 |  |  | 28,617 |  |  | 26,191 |
Subscription and transaction fees | $ | 41,188 |  |  | $ | 33,214 |  |  | $ | 81,812 |  |  | $ | 66,322 |
Equipment sales | 9,903 |  |  | 5,071 |  |  | 15,059 |  |  | 8,840 |
Total revenues | $ | 51,091 |  |  | $ | 38,285 |  |  | $ | 96,871 |  |  | $ | 75,162 |
Disaggregation of revenues for the previously reported quarters for fiscal year-ended June 30, 2021 utilizing the above described methodology is presented as follows:
|  | Three months ended |  | Year ended June 30, 2021
($ in thousands) |  | September 30, 2020 |  | December 31, 2020 |  | March 31, 2021 |  | June 30, 2021 |
Transaction fees |  | $ | 19,677 |  |  | $ | 20,454 |  |  | $ | 21,002 |  |  | $ | 24,365 |  |  | $ | 85,498 |
Subscription fees |  | 13,431 |  |  | 12,760 |  |  | 13,684 |  |  | 13,869 |  |  | 53,744 |
Subscription and transaction fees |  | $ | 33,108 |  |  | $ | 33,214 |  |  | $ | 34,686 |  |  | $ | 38,234 |  |  | $ | 139,242 |
Equipment sales |  | 3,769 |  |  | 5,071 |  |  | 8,074 |  |  | 10,783 |  |  | 27,697 |
Total revenues |  | $ | 36,877 |  |  | $ | 38,285 |  |  | $ | 42,760 |  |  | $ | 49,017 |  |  | $ | 166,939 |
Performance Obligations | The following table reflects the estimated fees to be recognized in the future related to performance obligations that are unsatisfied at the end of the period:
($ in thousands) | As of December 31, 2021
2022 | $ | 7,016 |
2023 | 12,609 |
2024 | 8,489 |
2025 | 4,792 |
2026 | 2,892 |
Thereafter | 503 |
Total | $ | 36,301 |
Contract Liability | The Company’s contract liability (i.e., deferred revenue) balances are as follows:
|  | Three months ended December 31, |  | Three months ended December 31,
($ in thousands) |  | 2021 |  | 2020
Deferred revenue, beginning of the period |  | $ | 1,720 |  |  | $ | 1,639 |
Deferred revenue, end of the period |  | 1,745 |  |  | 1,648 |
Revenue recognized in the period from amounts included in deferred revenue at the beginning of the period |  | $ | 120 |  |  | $ | 95 |
|  | Six months ended December 31, |  | Six months ended December 31,
($ in thousands) |  | 2021 |  | 2020
Deferred revenue, beginning of the period |  | $ | 1,763 |  |  | $ | 1,698 |
Deferred revenue, end of the period |  | 1,745 |  |  | 1,648 |
Revenue recognized in the period from amounts included in deferred revenue at the beginning of the period |  | $ | 215 |  |  | $ | 184 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045 + Details
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- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045 + Details
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