The values
- Term years: 2-3, not automatically renewable
- Royalty basis: sales of licensed product
- Exclusive: generally not exclusive
- Licensor specific: no
Some detail is too fine to show here; it is kept in the trainer’s notes.
Where it comes from
Funko, Inc. 10-K filed 2021-03-11 (primary: fnko-20201231.htm) Funko, Inc. · 11 March 2021 Open the original ↗
The line in the source
For the years ended December 31, 2020, 2019 and 2018, the average royalty rate was 16.1%, 15.9% and 16.1%, respectively. Our royalty expense
Related figures
The same measure, other periods