Quarterly report pursuant to Section 13 or 15(d)

REVENUE FROM CONTRACTS WITH CUSTOMERS

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REVENUE FROM CONTRACTS WITH CUSTOMERS
6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
REVENUE FROM CONTRACTS WITH CUSTOMERS REVENUE FROM CONTRACTS WITH CUSTOMERS
Disaggregation of Revenue
The following table summarizes the Company’s revenue disaggregated by type, and by over time or point in time recognition:
Three Months Ended
June 30,
Six Months Ended
June 30,
2022 2021 2022 2021
Virtual currency (over time)(1)
$ 63,835  $ 69,746  $ 129,770  $ 142,972 
Advertising (point in time) 3,482  1,076  7,557  1,947 
Other revenue 1,036  —  1,477  — 
Total net revenue $ 68,353  $ 70,822  $ 138,804  $ 144,919 
(1)Virtual currency is recognized over the estimated consumption period.

The following table summarizes the Company’s revenue disaggregated by geography:
Three Months Ended
June 30,
Six Months Ended
June 30,
2022 2021 2022 2021
United States $ 60,042  $ 61,670  $ 122,145  $ 125,743 
All other countries 8,311  9,152  16,659  19,176 
Total net revenue $ 68,353  $ 70,822  $ 138,804  $ 144,919 
Contract Balances
Contract assets represent the Company’s ability to bill customers for performance obligations completed under a contract. As of June 30, 2022 and December 31, 2021, there were no contract assets recorded in the Company’s consolidated balance sheets. The deferred revenue balance related to the purchase of virtual currency was immaterial as of June 30, 2022 and December 31, 2021. The opening and closing balance of trade receivables is further described in Note 5—Receivables.