Please perform an internal analysis including: key strengths and weaknesses and competitive advantage on Quantium...
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Accounting
Please perform an internal analysis including: key strengths and weaknesses and competitive advantage on Quantium Workplace.
Some information on the company:
Profit & Loss Statement definitions:
Platform revenue is the software portion of subscription revenue from Engagement, Performance, and Intelligence.
Advisory Services revenue is the optional additional "insights" level of support portion of subscription revenue.
Channel revenue is driven by a small set of resellers that sell the use of Quantum Workplace's software third-party, bundling it with other software/services they provide.
Platform, Advisory Services, and Channel revenue are recognized ratably over the duration of the subscriptions/contract agreements. Revenue that has been invoiced but is not yet earned is recorded as "Deferred Revenue" on the balance sheet.
Best Places to Work revenue is recognized instantly upon sale of the report data as this is a one-time purchase and not a subscription.
Quantum Workplace capitalizes (amortizes) a portion of R&D labor spent each month. This is determined by tracking how much of the R&D team's time is spent on discovery (determining what to build and how it should work), delivery (actually producing the features/functionality), and maintenance. Only delivery work is capitalized. Total spent on the R&D team can be found by adding the expensed portion and capitalized (amortized) portion. Capitalized R&D is amortized over three years.
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