Quarterly report [Sections 13 or 15(d)]

RECEIVABLES, NET

v3.25.2
RECEIVABLES, NET
 6 Months Ended
Jun. 30, 2025
Receivables [Abstract]  
RECEIVABLES, NET
NOTE 6—RECEIVABLES, NET
Receivables, net consist of the following:
June 30,
2025		 December 31,
2024
Trade receivables $ 24,662  $ 26,264 
Insurance receivable
 3,750  3,750 
Other receivables 313  770 
Allowance for uncollectible amounts
 (25) (17)
Total receivables, net
 $ 28,700  $ 30,767 
Trade receivables generally represent amounts due to the Company from social and mobile platform operators, including Apple, Google, and direct-to-consumer ("DTC") payment processors, including Xsolla. Trade receivables are recorded when the right to consideration becomes unconditional.
Insurance receivable is related to the legal proceedings discussed in Note 11—Accrued and Other Current Liabilities.
Concentration of Credit Risk
The following table summarizes the major receivables of the Company as a percentage of the total trade receivables as of the dates indicated:
June 30,
2025		 December 31,
2024
Apple, Inc.
 40.7  % 47.9  %
Google, LLC
 16.3  % 19.6  %
Xsolla (USA), Inc.
 18.8  % 6.2  %
As of June 30, 2025 and December 31, 2024, the Company did not have any additional counterparties that exceeded 10% of the Company’s total trade receivables.