These 12 contracts are synthetic, from the repo's corpus, and were reviewed with the offline rules extractor, not a model, at commit 86f7af4. Source on GitHub
ASC 606 review. 2 matters for judgment, 0 failed checks.
The contract grants a renewal at 165000 and describes the price as a discount. Whether that discount is incremental to the range the entity typically offers is not stated here.
The parties acknowledge that this renewal fee represents a discount to the list rate that would otherwise apply on renewal.5 Renewal · p.2
Renewal At the end of the Subscription Term, Customer may renew the Platform subscription for a further twelve (12) months at a fee of USD 165,000.5 Renewal · p.2
Why this is not answered here: A renewal discount is a material right only if it is incremental to the range the entity typically grants. That range is pricing data held by the entity, not a term of this contract.
3 performance obligations are sold together, so the transaction price has to be allocated between them on relative standalone selling price. The document prints a list rate for 3 of them, which is an input to the estimate and not a substitute for it.
affects Platform subscription, Tier 3 (36 months); Implementation and data migration services; Premium Support, 36 months
Platform subscription, Tier 3 (36 months) USD 612,000 USD 540,0002 Products and Services · p.1
Implementation and data migration services USD 110,000 USD 95,0002 Products and Services · p.1
Premium Support, 36 months USD 60,000 USD 54,0002 Products and Services · p.1
Why this is not answered here: Standalone selling price is what the entity would charge selling separately. A contract records what it charged this customer on this deal -- the two only coincide by accident.
| Check | Result | Detail |
|---|---|---|
| Both parties identified | passed | Nimbus Analytics, Inc. contracting with Calderwood Logistics Group, Inc.. |
| Effective date identified | passed | Effective 2025-03-03. |
| Currency identified | passed | Amounts are stated in USD. |
| Fee schedule foots to the stated total | passed | 3 priced items sum to 689000, matching the stated total. |
| Every obligation carries a price | passed | All 3 identified obligations have a stated price. |
| Recognition pattern evidenced for each obligation | not applicable | No reading of how control transfers was attempted for: Platform subscription, Tier 3 (36 months), Implementation and data migration services, Premium Support, 36 months. The offline extractor does not attempt it; run the model extractor to get an answer here. |
| Promise | Type | Stated price | List rate | Recognition |
|---|---|---|---|---|
Platform subscription, Tier 3 (36 months)
Platform subscription, Tier 3 (36 months) USD 612,000 USD 540,0002 Products and Services · p.1 |
saas subscription | 540000 | 612000 | not evidenced |
Implementation and data migration services
Implementation and data migration services USD 110,000 USD 95,0002 Products and Services · p.1 |
implementation | 95000 | 110000 | not evidenced |
Premium Support, 36 months
Premium Support, 36 months USD 60,000 USD 54,0002 Products and Services · p.1 |
support | 54000 | 60000 | not evidenced |
The transaction price is fixed by the document.
| Customer |
Calderwood Logistics Group, Inc.
extracted ("Nimbus") and Calderwood Logistics Group, Inc. ("Customer"), and is governed by the Master Subscription Agreement between the parties dated January 15, 2025.Preamble · p.1 |
| Supplier |
Nimbus Analytics, Inc.
extracted ORDER FORM NA-OF-2025-0231 Issued under the Master Subscription Agreement dated January 15, 2025 This Order Form is entered into as of March 3, 2025 between Nimbus Analytics, Inc. ("Nimbus") and Calderwood Logistics Gro…Preamble · p.1 |
| Agreement type |
order_form
extracted ORDER FORM NA-OF-2025-0231 Issued under the Master Subscription Agreement dated January 15, 2025 This Order FoPreamble · p.1 |
| Amends | not found |
| Effective date |
2025-03-03
extracted ORDER FORM NA-OF-2025-0231 Issued under the Master Subscription Agreement dated January 15, 2025 This Order Form is entered into as of March 3, 2025 between Nimbus Analytics, Inc.Preamble · p.1 |
| Stated term (months) |
36
extracted Subscription Term The Subscription Term commences on April 1, 2025 and continues for thirty-six (36) months, expiring on March 31, 2028.1 Subscription Term · p.1 |
| Auto-renews | not found |
| Termination for convenience |
no
extracted Customer may not terminate this Order Form for convenience.1 Subscription Term · p.1 |
| Termination notice (days) | not found |
| Termination compensation | not found |
| Currency |
USD
extracted Item List Rate Fee Platform subscription, Tier 3 (36 months) USD 612,000 USD 540,000 Implementation and data migration services USD 110,000 USD 95,000 Premium Support, 36 months USD 60,000 USD 54,000 Total USD 782,000 U…2 Products and Services · p.1 |
| Total fixed consideration |
689000
extracted Total USD 782,000 USD 689,0002 Products and Services · p.1 |
| Payment terms (net days) |
30
extracted Payment terms are net thirty (30) days from the invoice date, as provided in Section 3 of the Agreement.6 Invoicing · p.2 |
| Billing frequency |
annually in advance
extracted Invoicing Subscription and support fees are invoiced annually in advance in three equal instalments of USD 198,000 on April 1, 2025, April 1, 2026 and April 1, 2027.6 Invoicing · p.2 |
| Upfront fee | not found |
| Upfront fee refundable | not found |
| Payment spread (months) | not found |
| Renewal term (months) |
12
extracted Renewal At the end of the Subscription Term, Customer may renew the Platform subscription for a further twelve (12) months at a fee of USD 165,000.5 Renewal · p.2 |
| Renewal price |
165000
extracted Renewal At the end of the Subscription Term, Customer may renew the Platform subscription for a further twelve (12) months at a fee of USD 165,000.5 Renewal · p.2 |
| Renewal described as discounted |
yes
extracted The parties acknowledge that this renewal fee represents a discount to the list rate that would otherwise apply on renewal.5 Renewal · p.2 |
| Third-party components | not found |