The Revenue Recognition Checker

Help me think through how revenue should be recognised for this
arrangement.

The arrangement: [DESCRIBE WHAT'S SOLD, HOW IT'S DELIVERED, PAYMENT
TERMS]
Standard that applies: [ASC 606 / IFRS 15 / NOT SURE]
Any complications: [MULTI-YEAR, BUNDLES, REFUNDS, MILESTONES, UPFRONT
FEES]

Walk through the five-step model (identify the contract, the performance
obligations, the transaction price, allocation, and recognition) as it
applies here. For each step, explain the judgment and where reasonable
people might differ. Flag the treatments that most affect reported
revenue and timing.

This is analysis to inform a decision, not an audit opinion — tell me
where I need my accountant or auditor to rule.