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. 3 matters for judgment, 0 failed checks.
Termination for convenience is available. No compensation for the unexpired term was found in the document -- which is not the same as the document saying none is owed.
Termination Either party may terminate this Order Form at any time for convenience by giving sixty (60) days' written notice to the other party.3 Termination · p.1
Why this is not answered here: Whether a termination right is substantive turns on how enforceable the compensation clause is in the governing jurisdiction. That is a legal reading of the words, not a fact stated by them.
The contract contains variable consideration: usage overage. No ceiling was found for it.
Events processed above that allowance are charged at GBP 0.02 per one thousand (1,000) events, invoiced monthly in arrears.2 Included Volume and Overage · p.1
Why this is not answered here: How much variable consideration to include requires an estimate of the probability of a significant reversal, which draws on the entity's own history with similar contracts.
2 performance obligations are sold together, so the transaction price has to be allocated between them on relative standalone selling price.
affects Telemetry Platform subscription (24 months); Standard Support, 24 months
Telemetry Platform subscription (24 months) GBP 288,0001 Services and Fees · p.1
Standard Support, 24 months GBP 24,0001 Services and Fees · 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 Ltd contracting with Helix Robotics Limited. |
| Effective date identified | passed | Effective 2025-06-12. |
| Currency identified | passed | Amounts are stated in GBP. |
| Fee schedule foots to the stated total | passed | 2 priced items sum to 312000, matching the stated total. |
| Every obligation carries a price | passed | All 2 identified obligations have a stated price. |
| Recognition pattern evidenced for each obligation | not applicable | No reading of how control transfers was attempted for: Telemetry Platform subscription (24 months), Standard Support, 24 months. The offline extractor does not attempt it; run the model extractor to get an answer here. |
| Promise | Type | Stated price | List rate | Recognition |
|---|---|---|---|---|
Telemetry Platform subscription (24 months)
Telemetry Platform subscription (24 months) GBP 288,0001 Services and Fees · p.1 |
saas subscription | 288000 | -- | not evidenced |
Standard Support, 24 months
Standard Support, 24 months GBP 24,0001 Services and Fees · p.1 |
support | 24000 | -- | not evidenced |
| Term | Type | Cap | Fixed by the contract |
|---|---|---|---|
Usage above the included allowance is charged per unit.
Events processed above that allowance are charged at GBP 0.02 per one thousand (1,000) events, invoiced monthly in arrears.2 Included Volume and Overage · p.1 |
usage overage | none stated | no |
| Customer |
Helix Robotics Limited
extracted ORDER FORM NAL-2025-0088 Nimbus Analytics Ltd and Helix Robotics Limited This Order Form is made on 12 June 2025 between Nimbus Analytics Ltd, a company registered in England and Wales ("Nimbus"), and Helix Robotics Lim…Preamble · p.1 |
| Supplier |
Nimbus Analytics Ltd
extracted ORDER FORM NAL-2025-0088 Nimbus Analytics Ltd and Helix Robotics Limited This Order Form is made on 12 June 2025 between Nimbus Analytics Ltd, a company registered in England and Wales ("Nimbus"), and Helix Robotics Lim…Preamble · p.1 |
| Agreement type |
order_form
extracted ORDER FORM NAL-2025-0088 Nimbus Analytics Ltd and Helix Robotics Limited This Order Form is made on 12 June 20Preamble · p.1 |
| Amends | not found |
| Effective date |
2025-06-12
extracted ORDER FORM NAL-2025-0088 Nimbus Analytics Ltd and Helix Robotics Limited This Order Form is made on 12 June 2025 between Nimbus Analytics Ltd, a company registered in England and Wales ("Nimbus"), and Helix Robotics Lim…Preamble · p.1 |
| Stated term (months) |
24
extracted Services and Fees Nimbus will provide Customer with access to the Nimbus Telemetry Platform and standard support for a term of twenty-four (24) months commencing 1 July 2025.1 Services and Fees · p.1 |
| Auto-renews | not found |
| Termination for convenience |
yes
extracted Termination Either party may terminate this Order Form at any time for convenience by giving sixty (60) days' written notice to the other party.3 Termination · p.1 |
| Termination notice (days) |
60
extracted Termination Either party may terminate this Order Form at any time for convenience by giving sixty (60) days' written notice to the other party.3 Termination · p.1 |
| Termination compensation | not found |
| Currency |
GBP
extracted Item Fee Telemetry Platform subscription (24 months) GBP 288,000 Standard Support, 24 months GBP 24,000 Total committed fees GBP 312,000 2.1 Services and Fees · p.1 |
| Total fixed consideration |
312000
extracted Total committed fees GBP 312,0001 Services and Fees · p.1 |
| Payment terms (net days) |
30
extracted All invoices are payable within thirty (30) days of the invoice date.4 Payment · p.1 |
| Billing frequency |
monthly in arrears
extracted Events processed above that allowance are charged at GBP 0.02 per one thousand (1,000) events, invoiced monthly in arrears.2 Included Volume and Overage · p.1 |
| Upfront fee | not found |
| Upfront fee refundable | not found |
| Payment spread (months) | not found |
| Renewal term (months) | not found |
| Renewal price | not found |
| Renewal described as discounted | not found |
| Third-party components | not found |