Annual report pursuant to Section 13 and 15(d)

RECEIVABLES

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RECEIVABLES
 12 Months Ended
Dec. 31, 2022
Receivables [Abstract]  
RECEIVABLES RECEIVABLES
Receivables consist of the following:
December 31,
2022		 December 31,
2021
Trade receivables $ 25,020  $ 20,540 
Other receivables 1,996  153 
Total receivables $ 27,016  $ 20,693 
Trade receivables represent amounts due to the Company from social and mobile platform operators, including Apple, Google, Amazon, and Facebook. Trade receivables are recorded when the right to consideration becomes unconditional. No allowance for doubtful accounts was considered necessary as of December 31, 2022 and December 31, 2021.
Concentration of Credit Risk
As of December 31, 2022, Apple and Google accounted for 33.6% and 27.2% of the Company’s total receivables, respectively, while as of December 31, 2021, Apple and Google accounted for 43.0% and 34.6% of the Company’s total receivables, respectively. As of December 31, 2022 and December 31, 2021, the Company did not have any additional counterparties that exceeded 10% of the Company’s net accounts receivable.
During the year ended December 31, 2021, the Company entered into agreements pursuant to which the Company acquired the rights to develop and operate Tetris®-branded mobile games. As contemplated in the agreements, the Company
agreed to a $8.0 million Advance Payment (as defined in Note 16—Commitments and Contingencies). If the Company and the counterparty fail to perform according to the terms of the agreements, the maximum amount of loss which the Company may incur is approximately $9.9 million, of which $8.0 million related to the Advance Payment is reported within the "Other current assets" line item on the Consolidated Balance Sheets.