Accounts Receivable, Net

9 Months Ended

Sep. 30, 2015

Accounts Receivable, Net and Notes Receivable [Abstract]

Accounts Receivable, Net

3. Accounts Receivable, Net

Accounts receivable, net consisted of the following as of September 30, 2015 and December 31, 2014: 

	September 30,			December 31,
	2015			2014
	(Unaudited)
Accounts receivable	$	285,756		$	263,661
Less: reserve for future chargebacks		(60,330	)		(42,533	)
Total accounts receivable, net	$	225,426		$	221,128

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 $104,541 as of September 30, 2015, as compared to $135,535 as of December 31, 2014. The amount of accounts receivable due from Apple Inc. was $110,139, or 48.9% of the Company’s accounts receivable, as of September 30, 2015, compared to $116,427, or 52.6% of the Company’s accounts receivable, as of December 31, 2014.