Genius Group Limited Registration statement for securities of certain foreign private issuers

Registration statement for securities of certain foreign private issuers

DEFERRED REVENUE (Tables)

DEFERRED REVENUE (Tables)

12 Months Ended

Dec. 31, 2021

Dec. 31, 2020

DEFERRED REVENUE

Summary of deferred revenue


		As of December 31,
		2021			2021
Advance bookings for lodges		$	293,716		$	379,305
Educational revenue paid in advance			1,630,723			1,026,700
Other prepaid income			638,473			140,707
Total		$	2,561,912		$	1,546,712


		As of December 31,
		2020			2019
Advance bookings for lodges		$	379,305		$	399,291
Educational revenue paid in advance			1,026,700			2,724,427
Other prepaid income			140,707			107,713
Total		$	1,546,712		$	3,231,431

Summary of analysis of contractual obligations


		As of December 31,
		2021			2021
Deferred revenue, beginning		$	1,546,712		$	3,231,431
Addition			1,773,994			1,220,972
Usage			(758,794)			(2,905,691)
Deferred revenue, ending		$	2,561,912		$	1,546,712