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.
The contract includes goods or services supplied by a third party: Sentinel Systems SG-40 gateway units (110 units)
affects Sentinel Systems SG-40 gateway units (110 units)
Gateway Hardware The SG-40 gateway units are manufactured and supplied by Sentinel Systems Inc., an unaffiliated third party. Nimbus purchases the units, holds them in its own inventory, and resells them to Customer at…3 Gateway Hardware · p.1
Sentinel Systems SG-40 gateway units (110 units) USD 88,0001 Bundle Contents · p.1
Why this is not answered here: Control of a third-party good or service before transfer depends on the operating arrangement behind the contract -- inventory risk, pricing discretion, who is responsible for fulfilment.
The contract contains variable consideration: service level credit. No ceiling was found for it.
If availability in any calendar month falls below that level, Customer is entitled to a credit against the following month's subscription fee, calculated as two percent (2%) of the monthly fee for each full 0.5% by whic…2 Service Level Credits · 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.
3 performance obligations are sold together, so the transaction price has to be allocated between them on relative standalone selling price.
affects Connected Assets Platform subscription (36 months); Standard Support, 36 months; Sentinel Systems SG-40 gateway units (110 units)
Connected Assets Platform subscription (36 months) USD 396,0001 Bundle Contents · p.1
Standard Support, 36 months USD 36,0001 Bundle Contents · p.1
Sentinel Systems SG-40 gateway units (110 units) USD 88,0001 Bundle Contents · 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 Quarry Industrial Supply Co.. |
| Effective date identified | passed | Effective 2025-09-22. |
| Currency identified | passed | Amounts are stated in USD. |
| Fee schedule foots to the stated total | passed | 3 priced items sum to 520000, 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: Connected Assets Platform subscription (36 months), Standard Support, 36 months, Sentinel Systems SG-40 gateway units (110 units). The offline extractor does not attempt it; run the model extractor to get an answer here. |
| Promise | Type | Stated price | List rate | Recognition |
|---|---|---|---|---|
Connected Assets Platform subscription (36 months)
Connected Assets Platform subscription (36 months) USD 396,0001 Bundle Contents · p.1 |
saas subscription | 396000 | -- | not evidenced |
Standard Support, 36 months
Standard Support, 36 months USD 36,0001 Bundle Contents · p.1 |
support | 36000 | -- | not evidenced |
Sentinel Systems SG-40 gateway units (110 units)
Sentinel Systems SG-40 gateway units (110 units) USD 88,0001 Bundle Contents · p.1 |
third party resale | 88000 | -- | not evidenced |
| Term | Type | Cap | Fixed by the contract |
|---|---|---|---|
Service level shortfalls generate credits against future fees.
If availability in any calendar month falls below that level, Customer is entitled to a credit against the following month's subscription fee, calculated as two percent (2%) of the monthly fee for each full 0.5% by whic…2 Service Level Credits · p.1 |
service level credit | none stated | no |
| Customer |
Quarry Industrial Supply Co.
extracted ("Nimbus") and Quarry Industrial Supply Co. ("Customer") under the Master Subscription Agreement dated September 22, 2025.Preamble · p.1 |
| Supplier |
Nimbus Analytics, Inc.
extracted ORDER FORM NA-OF-2025-0377 Connected Assets Bundle -- Nimbus Analytics, Inc. and Quarry Industrial Supply Co. This Order Form is entered into as of September 22, 2025 between Nimbus Analytics, Inc. ("Nimbus") and Quarry…Preamble · p.1 |
| Agreement type |
order_form
extracted ORDER FORM NA-OF-2025-0377 Connected Assets Bundle -- Nimbus Analytics, Inc. and Quarry Industrial Supply Co.Preamble · p.1 |
| Amends | not found |
| Effective date |
2025-09-22
extracted This Order Form is entered into as of September 22, 2025 between Nimbus Analytics, Inc.Preamble · p.1 |
| Stated term (months) |
36
extracted Bundle Contents Nimbus will provide the Connected Assets bundle for a term of thirty-six (36) months commencing November 1, 2025, comprising the Platform subscription, standard support, and the gateway hardware describe…1 Bundle Contents · p.1 |
| Auto-renews | not found |
| Termination for convenience | not found |
| Termination notice (days) | not found |
| Termination compensation | not found |
| Currency |
USD
extracted Item Fee Connected Assets Platform subscription (36 months) USD 396,000 Standard Support, 36 months USD 36,000 Sentinel Systems SG-40 gateway units (110 units) USD 88,000 Total USD 520,000 2.1 Bundle Contents · p.1 |
| Total fixed consideration |
520000
extracted Total USD 520,0001 Bundle Contents · 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 |
annually in advance
extracted Subscription and support fees are invoiced annually in advance.4 Payment · 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 |
Gateway Hardware The SG-40 gateway units are manufactured and supplied by Sentinel Systems Inc., an unaffiliated third party. Nimbus purchases the units, holds them in its own inventory, and resells them to Customer at a price Nimbus sets.
extracted Gateway Hardware The SG-40 gateway units are manufactured and supplied by Sentinel Systems Inc., an unaffiliated third party. Nimbus purchases the units, holds them in its own inventory, and resells them to Customer at…3 Gateway Hardware · p.1 |