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Revenue
12 Months Ended
Dec. 28, 2024
Revenue from Contract with Customer [Abstract]  
Revenue
5.
Revenue

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

 

Fiscal Year Ended

 

 

December 28,

December 30,

 

 

December 31,

 

 

2024

2023

 

 

2022

 

Digital Subscription Revenues

$

512,853

 

 

$

571,074

 

 

$

662,668

 

Workshops + Digital Subscription Revenues

 

186,139

 

 

 

221,139

 

 

 

256,387

 

Clinical Subscription Revenues

 

78,001

 

 

 

30,542

 

 

 

 

Subscription Revenues, net

$

776,993

 

 

$

822,755

 

 

$

919,055

 

Other Revenues, net

 

8,928

 

 

 

66,796

 

 

 

120,780

 

Revenues, net

$

785,921

 

 

$

889,551

 

 

$

1,039,835

 

 

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

 

 

1,810

 

 

 

(195

)

Balance as of December 30, 2023

 

$

33,966

 

 

$

165

 

Net increase (decrease) during the period

 

 

(2,311

)

 

 

(72

)

Balance as of December 28, 2024

 

$

31,655

 

 

$

93

 

 

Revenue recognized from amounts included in current deferred revenue as of December 30, 2023 was $33,753 for the fiscal year ended December 28, 2024. Revenue recognized from amounts included in current deferred revenue as of December 31, 2022 was $32,156 for the fiscal year ended December 30, 2023. The Company’s long-term deferred revenue, which is included in other liabilities on its consolidated balance sheets, 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.