consideration payable to a customer

ASC 505-50 formerly governed the accounting for equity instruments (shares, options, warrants) issued to non-employees in exchange for goods or services, including measurement date, performance commitment, and counterparty-performance concepts. Every paragraph in the subtopic has been superseded — chiefly by ASU 2018-07 (Improvements to Nonemployee Share-Based Payment Accounting), with the share-based-payment-as-consideration-payable-to-a-customer paragraphs superseded earlier by ASU 2014-09 (Revenue from Contracts with Customers). As a result, the subtopic contains no operative guidance; nonemployee share-based payment awards are now accounted for under ASC 718.

ASC 605-50 was the legacy guidance on a vendor's accounting for consideration given to a customer or a reseller of the vendor's products (cash, credits, coupons, slotting fees, rebates, and similar sales incentives), including whether such consideration is a reduction of revenue or an expense and when to recognize it. Every paragraph in the subtopic — Sections 05, 15, 25, 45, 50, 55, and 60 — has been superseded by ASU 2014-09 (Revenue from Contracts with Customers). No operative guidance remains here; the topic is retained only as a historical marker for entities referencing pre-ASC 606 literature.

ASC 808-10 defines collaborative arrangements — contractual arrangements involving a joint operating activity between two or more active participants who are exposed to significant risks and rewards dependent on the endeavor's commercial success, and that are not primarily conducted through a separate legal entity. The Topic governs income statement presentation, classification, and disclosure, not recognition or measurement generally. Third-party transactions are reported gross or net based on the principal-versus-agent guidance in Topic 606, and payments between participants are accounted for under Topic 606 only when the counterparty is a customer for a distinct unit of account; otherwise presentation is by analogy or a reasonable, rational, consistently applied policy election.