Annual report pursuant to Section 13 and 15(d)

REVENUE FROM CONTRACTS WITH CUSTOMERS

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REVENUE FROM CONTRACTS WITH CUSTOMERS
 12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
REVENUE FROM CONTRACTS WITH CUSTOMERS
NOTE 16—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:
Years Ended December 31,
2023 2022 2021
Virtual currency (over time)
 $ 247,929  $ 261,620  $ 280,087 
Advertising (point in time) 58,236  21,839  6,964 
Other revenue (point in time) $ 4,721  $ 6,850  $ 368 
Total net revenue $ 310,886  $ 290,309  $ 287,419 

The following table summarizes the Company’s revenue disaggregated by geography:
Years Ended December 31,
2023 2022 2021
United States $ 265,660  $ 253,556  $ 250,252 
All other countries 45,226  36,753  37,167 
Total net revenue $ 310,886  $ 290,309  $ 287,419 
Contract Balances
Contract assets represent the Company’s ability to bill customers for performance obligations completed under a contract. As of December 31, 2023 and December 31, 2022, 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 December 31, 2023 and December 31, 2022. The opening and closing balance of trade receivables is further described in Note 6—Receivables.