Quarterly report pursuant to Section 13 or 15(d)

REVENUE FROM CONTRACTS WITH CUSTOMERS

v3.21.2
REVENUE FROM CONTRACTS WITH CUSTOMERS
 6 Months Ended
Jun. 30, 2021
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,
2021 2020 2021 2020
Virtual currency (over time)(1)
$ 69,746  $ 77,453  $ 142,972  $ 135,621 
Advertising (point in time) 1,076  417  1,947  551 
Total net revenue $ 70,822  $ 77,870  $ 144,919  $ 136,172 
(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,
2021 2020 2021 2020
United States $ 61,670  $ 66,317  $ 125,743  $ 115,467 
All other countries 9,152  11,553  19,176  20,705 
Total net revenue $ 70,822  $ 77,870  $ 144,919  $ 136,172 
Contract Balances
Contract assets represent the Company’s ability to bill customers for performance obligations completed under a contract. As of June 30, 2021 and December 31, 2020, there were no contract assets recorded in the Company’s consolidated balance sheet. The deferred revenue balance related to the purchase of virtual currency was immaterial as of June 30, 2021 and December 31, 2020. The opening and closing balance of trade receivables is further described in Note 5.