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  "documentTitle": "Axon Enterprise (formerly TASER) (AAXN)",
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      "text": "We use the annual change in sales reported under multiple performance obligations, and apply a range of percentages to this figure to estimate the revenue booked upfront from Axon’s aggressive revenue recognition policy.",
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      "text": "revenue inflation: 6% - 9%",
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      "text": "We use the annual change in sales reported under multiple performance obligations, and apply a range of percentages to this figure to estimate the revenue booked upfront from Axon’s aggressive revenue recognition policy. We estimate revenue inflation of 6% - 9% p.a. In addition, by applying the gross margin, we estimate the impact to gross profit.",
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      "text": "Revenue allocation is approximately 45% at initial delivery, and 55% over the remaining five years — Axon's May 2019 presentation.",
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      "text": "Note: In Axon’s May 2019 presentation (appendix slide 48), for Taser 7 it says “Revenue allocation is approximately 45% at initial delivery, and 55% over the remaining five years",
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