Quarterly report pursuant to Section 13 or 15(d)

REVENUE FROM CONTRACTS WITH CUSTOMERS

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REVENUE FROM CONTRACTS WITH CUSTOMERS
 3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
REVENUE FROM CONTRACTS WITH CUSTOMERS
NOTE 15—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
March 31,
2024 2023
Virtual currency (over time)
 $ 60,247  $ 64,385 
Advertising (point in time) 17,442  13,085 
Other revenue (point in time or over time) 139  2,653 
Total net revenue $ 77,828  $ 80,123 

The following table summarizes the Company’s revenue disaggregated by geography:
Three Months Ended
March 31,
2024 2023
United States $ 65,364  $ 69,557 
All other countries 12,464  10,566 
Total net revenue $ 77,828  $ 80,123 
Contract Balances
Contract assets represent the Company’s ability to bill customers for performance obligations completed under a contract. As of March 31, 2024 and December 31, 2023, there were no contract assets recorded in the Company’s Condensed Consolidated Balance Sheets. The deferred revenue balance related to the purchase of virtual currency and other revenue was immaterial as of March 31, 2024 and December 31, 2023. Trade receivables are described in Note 5—Receivables.