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Contract Liabilities (Tables)
12 Months Ended
Dec. 31, 2024
Contract Liabilities [Abstract]  
Schedule of Contract Liabilities

Contract liabilities - current as of December 31, 2024 and 2023 were as follows:

 

   As of December 31, 
   2024   2023 
         
Deferred revenue related to customer loyalty program   14,187,502    20,008,439 
Advance from customers related to coupons and gift cards   12,390,620    11,255,648 
Deferred revenue related to upfront franchise fees received from sub-franchisees   3,235,686    1,349,357 
Advance from sub franchisees related to other franchise support activities   8,435,669    2,692,461 
Other   1,428,070    5,408,929 
Total   39,677,547    40,714,834 

 

Contract liabilities – non-current as of December 31, 2024 and 2023 were as follows:

 

   As of December 31, 
   2024   2023 
Deferred revenue related to upfront franchise fees received from sub-franchisees   7,781,755    5,271,661 
Other   240,000    
-
 
Total   8,021,755    5,271,661