| Revenue, Deferred Revenue and Accounts Receivable [Text Block] |
| 6. |
REVENUE, DEFERRED REVENUE AND ACCOUNTS RECEIVABLE |
Deferred Revenue
Changes in deferred revenue, which relate to unfulfilled e-commerce orders and amounts to be recognized under extended 3-year service warranties, for the year ended November 30, 2021 and 2020 are summarized below. The associated performance obligations are expected to be satisfied during the year ended November 30, 2021.
| (in thousands) |
|
Deferred Revenue |
|
| Deferred revenue balance, November 30, 2019 |
|
$ |
11 |
|
| Net additions to deferred revenue |
|
|
18,826 |
|
| Reductions in deferred revenue for revenue recognized during the fiscal year |
|
|
(13,935 |
) |
| Deferred revenue balance, November 30, 2020 |
|
|
4,902 |
|
| Net additions to deferred revenue |
|
|
33,641 |
|
| Reductions in deferred revenue for revenue recognized during the fiscal year |
|
|
(37,418 |
) |
| Deferred revenue balance, November 30, 2021 |
|
$ |
1,125 |
|
Revenue Disaggregation
The following table presents disaggregation of the Company’s revenue by product type and distribution channel (in thousands):
| |
|
Years Ended |
|
| |
|
November 30, |
|
| Product type |
|
2021 |
|
|
2020 |
|
| Byrna® |
|
$ |
42,114 |
|
|
$ |
16,322 |
|
| 40mm |
|
|
46 |
|
|
|
244 |
|
| Total |
|
$ |
42,160 |
|
|
$ |
16,566 |
|
| |
|
Years Ended |
|
| |
|
November 30, |
|
| Distribution channel |
|
2021 |
|
|
2020 |
|
| Wholesale (dealer/distributors and large end-users) |
|
$ |
9,568 |
|
|
$ |
2,953 |
|
| E-commerce |
|
|
32,592 |
|
|
|
13,613 |
|
| Total |
|
$ |
42,160 |
|
|
$ |
16,566 |
|
| |
|
Years Ended |
|
| |
|
November 30, |
|
| |
|
2021 |
|
|
2020 |
|
| U.S. Domestic |
|
$ |
38,690 |
|
|
$ |
15,498 |
|
| International |
|
|
3,470 |
|
|
|
1,057 |
|
| Total |
|
$ |
42,160 |
|
|
$ |
16,566 |
|
|