An accounting standard (ASU) appears in this filing that did not appear in the previous comparable one, in a sentence describing it as adopted. That is a change in what the company discloses, which is not always a change of policy in the current period: the filing may state an adoption date years earlier.
BOXABL Inc. changed its revenue recognition disclosure
Occasionally, performance obligations may also include delivery, installation, or other services.
Evidence
New language
Occasionally, performance obligations may also include delivery, installation, or other services., Customer payments received prior to the delivery are recorded as deferred revenue and recognized when the performance obligation is satisfied.
Prior filed
2025-11-14
Prior form
10-Q
Similarity
0.187
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:
Occasionally, performance obligations may also include delivery, installation, or other services.
Customer payments received prior to the delivery are recorded as deferred revenue and recognized when the performance obligation is satisfied.