| Deferred Revenue and Changes in Deferred Revenue |
Changes and balances of the Company’s deferred revenue accounts by segment are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended February 28, 2025 |
(In thousands) |
|
Water and Wastewater Resource Development |
|
Land Development |
|
Total |
Balance at November 30, 2024 |
|
$ |
- |
|
$ |
537 |
|
$ |
537 |
Revenue recognized |
|
|
- |
|
|
(828) |
|
|
(828) |
Revenue deferred |
|
|
- |
|
|
2,339 |
|
|
2,339 |
Balance at February 28, 2025 |
|
$ |
- |
|
$ |
2,048 |
|
$ |
2,048 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended February 29, 2024 |
|
|
Water and Wastewater Resource Development |
|
Land Development |
|
Total |
Balance at November 30, 2023 |
|
$ |
50 |
|
$ |
3,791 |
|
$ |
3,841 |
Revenue recognized |
|
|
(19) |
|
|
(1,215) |
|
|
(1,234) |
Revenue deferred |
|
|
- |
|
|
29 |
|
|
29 |
Balance at February 29, 2024 |
|
$ |
31 |
|
$ |
2,605 |
|
$ |
2,636 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended February 28, 2025 |
(In thousands) |
|
Water and Wastewater Resource Development |
|
Land Development |
|
Total |
Balance at August 31, 2024 |
|
$ |
- |
|
$ |
2,173 |
|
$ |
2,173 |
Revenue recognized |
|
|
- |
|
|
(2,487) |
|
|
(2,487) |
Revenue deferred |
|
|
- |
|
|
2,362 |
|
|
2,362 |
Balance at February 28, 2025 |
|
$ |
- |
|
$ |
2,048 |
|
$ |
2,048 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended February 29, 2024 |
(In thousands) |
|
Water and Wastewater Resource Development |
|
Land Development |
|
Total |
Balance at August 31, 2023 |
|
$ |
69 |
|
$ |
1,661 |
|
$ |
1,730 |
Revenue recognized |
|
|
(146) |
|
|
(3,178) |
|
|
(3,324) |
Revenue deferred |
|
|
108 |
|
|
4,122 |
|
|
4,230 |
Balance at February 29, 2024 |
|
$ |
31 |
|
$ |
2,605 |
|
$ |
2,636 |
|