Revenue (Tables)

6 Months Ended

Jun. 30, 2018

Revenue from Contract with Customer [Abstract]

Disclosure of impact of adoption of ASC 606

In accordance with the requirements of ASC 606, the disclosure of the impact of adoption on the Company’s consolidated income statement and balance sheet is as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
	ASC 606		ASC 605		Effect of Change		ASC 606		ASC 605		Effect of Change
Income Statement
Revenues	$	42,801,745	$	42,800,163	$	1,582	$	80,439,538	$	80,439,039	$	499

Disaggregation of revenue

The following table presents the Company’s revenues disaggregated by revenue source for the three and six months ended June 30, 2018 and 2017:

	Three Months Ended June 30,								Six Months Ended June 30,
	2018				2017(1)				2018				2017(1)
	$		%		$		%		$		%		$		%
User pay revenue	$	25,570,553	59.7	%	$	8,144,890	26.0	%	$	47,976,083	59.6	%	$	9,760,165	19.0	%
Advertising	17,231,192		40.3	%	23,184,578		74.0	%	32,463,455		40.4	%	41,628,100		81.0	%
Total revenue	$	42,801,745	100.0	%	$	31,329,468	100.0	%	$	80,439,538	100.0	%	$	51,388,265	100.0	%

(1) Prior period amounts have not been adjusted under the modified retrospective adoption method.