Revenue recognition change
beta
Filing comparison
NEPHROS INC changed its revenue recognition disclosure
The Company recognizes revenue related to product sales at a point-in-time when product is shipped via external logistics providers and the other criteria of ASC 606 are met.
Evidence
- New language
- The Company recognizes revenue related to product sales at a point-in-time when product is shipped via external logistics providers and the other criteria of ASC 606 are met., Product revenue is recorded net of variable consideration which includes prompt pay discounts, other discounts, and returns and allowances.
- Prior filed
- 2025-03-24
- Prior form
- 10-K
- Similarity
- 0.001
- Source
- revenue recognition note comparison
- Threshold
- 0.6
- Why
- The revenue recognition policy disclosure changed materially from the previous comparable filing.
Language present now, absent from the prior filing:
- The Company recognizes revenue related to product sales at a point-in-time when product is shipped via external logistics providers and the other criteria of ASC 606 are met.
- Product revenue is recorded net of variable consideration which includes prompt pay discounts, other discounts, and returns and allowances.