Revenue

3 Months Ended

Mar. 31, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table sets forth the Company’s revenue disaggregated by revenue source for the three months ended March 31, 2020 and 2019:



	Three Months Ended March 31,
	2020				2019
(in thousands)	$		%		$		%
User pay revenue:
Video	$	28,633	52.0	%	$	20,229	40.9	%
Subscription and other in-app products	14,395		26.1	%	15,596		31.5	%
Total user pay revenue	43,028		78.1	%	35,825		72.4	%
Advertising revenue	12,038		21.9	%	13,688		27.6	%
Total revenue	$	55,066	100.0	%	$	49,513	100.0	%

Significant Customers

During the three months ended March 31, 2020 and 2019, three customers, all of which were advertising aggregators or payment processors representing thousands of advertisers, comprised 73% and 61% of total revenue, respectively.

Contract Assets and Contract Liabilities

The following table sets forth the composition of the Company’s contract assets and liabilities as of March 31, 2020 and December 31, 2019:



(in thousands)	March 31, 2020		December 31, 2019
Assets:
Accounts receivable	$	24,476	$	25,503
Total contract assets	$	24,476	$	25,503
Liabilities:
Deferred revenue	$	3,563	$	3,884
Total contract liabilities	$	3,563	$	3,884

The Company’s deferred revenue balance for the three months ended March 31, 2020 increased by $42.5 million due to consideration received in advance of providing services to subscription and in-app purchases’ customers, including in-app purchases related to video. This amount was offset by $42.8 million of revenue recognized from deferred revenue due to performance obligations satisfied during the three months ended March 31, 2020.