Each discount has its own indicator which tells you information about its current status. Here is what each status means:
Active

An active status means that the coupon is currently able to be used by customers to receive a discount on their order
Scheduled

A scheduled status means that the coupon is not yet active as the “Start Date” is in the future. This coupon cannot be used at checkout until the start date / time arrives.
Disabled

A disabled status means that the coupon has been manually disabled by your shop team and cannot be used at checkout by customers.
Expired

An expired coupon is one in which the “End Date” is in the past. This coupon code cannot be used at checkout.