oarding fee revenue: PonyUp! rents out stalls to individuals who own horses and need a place to board them. An individual wishing to board their horse must sign a 24-month contract and pay an initial fee of $1,000. This fee is non-refundable and is recorded as revenue when received. In addition, there is a monthly boarding fee of $350, which includes all food and care, as well as the stall rental. The contract continues on a month-to-month basis after the first 24 months have passed, at which time the rate increases to $400 a month