Quarterly report pursuant to Section 13 or 15(d)

REVENUE FROM CONTRACTS WITH CUSTOMERS

v3.21.2
REVENUE FROM CONTRACTS WITH CUSTOMERS
9 Months Ended
Sep. 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
September 30,
Nine Months Ended
September 30,
2021 2020 2021 2020
Virtual currency (over time)(1)
$ 69,255  $ 69,284  $ 212,226  $ 204,905 
Advertising (point in time) 1,316  427  3,264  978 
Total net revenue $ 70,571  $ 69,711  $ 215,490  $ 205,883 
(1)Virtual currency is recognized over the estimated consumption period.
The following table summarizes the Company’s revenue disaggregated by geography:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2021 2020 2021 2020
United States $ 61,670  $ 58,563  $ 187,319  $ 173,990 
All other countries 8,901  11,148  28,171  31,893 
Total net revenue $ 70,571  $ 69,711  $ 215,490  $ 205,883 
Contract Balances
Contract assets represent the Company’s ability to bill customers for performance obligations completed under a contract. As of September 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 September 30, 2021 and December 31, 2020. The opening and closing balance of trade receivables is further described in Note 5.