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Revenue
 9 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Revenue
4.
Revenue

Revenues are recognized when control of the promised services or goods is transferred to the Company’s customers, in an amount that reflects the consideration it expects to be entitled to in exchange for those services or goods.

The following table presents the Company’s revenues disaggregated by revenue source:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30,

 

 

October 1,

 

 

September 30,

 

 

October 1,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Digital Subscription Revenues

$

140,889

 

 

$

155,881

 

 

$

437,613

 

 

$

521,582

 

Workshops + Digital Fees

 

52,618

 

 

 

64,865

 

 

 

171,473

 

 

 

196,540

 

Clinical Subscription Revenues

 

9,989

 

 

 

—

 

 

 

17,581

 

 

 

—

 

Subscription Revenues, net

$

203,496

 

 

$

220,746

 

 

$

626,667

 

 

$

718,122

 

Product sales and other, net

 

11,375

 

 

 

28,972

 

 

 

56,927

 

 

 

98,810

 

Revenues, net

$

214,871

 

 

$

249,718

 

 

$

683,594

 

 

$

816,932

 

 

Segment information for the three and nine months ended October 1, 2022 presented below has been updated to reflect the new reportable segment structure. The following tables present the Company’s revenues disaggregated by revenue source and segment:

 

 

Three Months Ended September 30, 2023

 

 

North America

 

 

International

 

 

Total

 

Digital Subscription Revenues

$

92,437

 

 

$

48,452

 

 

$

140,889

 

Workshops + Digital Fees

 

42,867

 

 

 

9,751

 

 

 

52,618

 

Clinical Subscription Revenues

 

9,989

 

 

 

—

 

 

 

9,989

 

Subscription Revenues, net

$

145,293

 

 

$

58,203

 

 

$

203,496

 

Product sales and other, net

 

9,394

 

 

 

1,981

 

 

 

11,375

 

Revenues, net

$

154,687

 

 

$

60,184

 

 

$

214,871

 

 

 

Three Months Ended October 1, 2022

 

 

North America

 

 

International

 

 

Total

 

Digital Subscription Revenues

$

102,735

 

 

$

53,146

 

 

$

155,881

 

Workshops + Digital Fees

 

52,113

 

 

 

12,752

 

 

 

64,865

 

Subscription Revenues, net

$

154,848

 

 

$

65,898

 

 

$

220,746

 

Product sales and other, net

 

21,621

 

 

 

7,351

 

 

 

28,972

 

Revenues, net

$

176,469

 

 

$

73,249

 

 

$

249,718

 

 

 

Nine Months Ended September 30, 2023

 

 

North America

 

 

International

 

 

Total

 

Digital Subscription Revenues

$

285,655

 

 

$

151,958

 

 

$

437,613

 

Workshops + Digital Fees

 

138,639

 

 

 

32,834

 

 

 

171,473

 

Clinical Subscription Revenues

 

17,581

 

 

 

—

 

 

 

17,581

 

Subscription Revenues, net

$

441,875

 

 

$

184,792

 

 

$

626,667

 

Product sales and other, net

 

46,025

 

 

 

10,902

 

 

 

56,927

 

Revenues, net

$

487,900

 

 

$

195,694

 

 

$

683,594

 

 

 

Nine Months Ended October 1, 2022

 

 

North America

 

 

International

 

 

Total

 

Digital Subscription Revenues

$

342,489

 

 

$

179,093

 

 

$

521,582

 

Workshops + Digital Fees

 

155,558

 

 

 

40,982

 

 

 

196,540

 

Subscription Revenues, net

$

498,047

 

 

$

220,075

 

 

$

718,122

 

Product sales and other, net

 

71,478

 

 

 

27,332

 

 

 

98,810

 

Revenues, net

$

569,525

 

 

$

247,407

 

 

$

816,932

 

Information about Contract Balances

For Subscription Revenues, the Company can collect payment in advance of providing services. Any amounts collected in advance of services being provided are recorded in deferred revenue. In the case where amounts are not collected, but the service has been provided and the revenue has been recognized, the amounts are recorded in accounts receivable. The opening and ending balances of the Company’s deferred revenues were as follows:

 

 

 

Deferred

 

 

Deferred

 

 

 

Revenue

 

 

Revenue-Long Term

 

Balance as of December 31, 2022

 

$

32,156

 

 

$

360

 

Net increase (decrease) during the period

 

 

289

 

 

 

(155

)

Balance as of September 30, 2023

 

$

32,445

 

 

$

205

 

 

 

 

 

 

 

 

Balance as of January 1, 2022

 

$

45,855

 

 

$

28

 

Net (decrease) increase during the period

 

 

(6,083

)

 

 

11

 

Balance as of October 1, 2022

 

$

39,772

 

 

$

39

 

 

Revenue recognized from amounts included in current deferred revenue as of December 31, 2022 was $31,855 for the nine months ended September 30, 2023. Revenue recognized from amounts included in current deferred revenue as of January 1, 2022 was $44,375 for the nine months ended October 1, 2022. The Company’s long-term deferred revenue, which is included in other liabilities on the Company’s consolidated balance sheet, represents revenue that will not be recognized during the next 12 months and is generally related to upfront payments received as an inducement for entering into certain sales-based royalty agreements with third party licensees. This revenue is amortized on a straight-line basis over the term of the applicable agreement.