Accounts Receivable, Net

6 Months Ended

Jun. 30, 2014

Accounts Receivable, Net and Notes Receivable [Abstract]

Accounts Receivable, Net

4. Accounts Receivable, Net

Accounts receivable, net consisted of the following as of June 30, 2014 and December 31, 2013: 

	June 30,			December 31,
	2014			2013
	(Unaudited)
Accounts receivable	$	310,534		$	423,220
Less: Reserve for future chargebacks		(33,653	)		(37,850	)
Total accounts receivable, net	$	276,881		$	385,370

Credit card payments for subscriptions and micro-transactions typically settle several days after the date of purchase. The amount of unsettled transactions due from credit card payment processors was $152,827 as of June 30, 2014, compared to $191,656 at December 31, 2013. The amount of accounts receivable due from Apple Inc. was $151,993 as of June 30, 2014, compared to $217,536 at December 31, 2013. These amounts are included in the Company’s accounts receivable.