Revenue from Contracts with Customers

6 Months Ended

Jun. 30, 2020

Revenue from Contracts with Customers

Revenue from Contracts with Customers

Note 3 — Revenue from Contracts with Customers

Disaggregation of Revenue

The following table summarizes revenue from contracts with customers for the three and six months ended June 30, 2020 and June 30, 2019:
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	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
In-App Purchases (over-time revenue recognition)	$	116,907	$	82,659	$	212,846	$	166,203
Advertisements and offers (point-in-time revenue recognition)		16,374		12,864		27,703		25,194
Other (point-in-time revenue recognition)		35		17		41		28
Total revenue	$	133,316	$	95,540	$	240,590	$	191,425

The Company operates in a single reportable segment. In the table above, revenue is disaggregated by type of revenue stream, indicating whether it is recognized over-time or at a point-in-time.

Contract Balances

The following table provides information about receivables and contract liabilities from contracts with customers:

	June 30, 2020		December 31, 2019
Receivables, which are included in accounts receivable, net	$	64,658	$	29,304
Contract liabilities, which are included in deferred revenue		145,498		97,629

The Company receives payments from customers based on billing terms established in the Company’s contracts. Contract assets relate to the Company’s right to consideration for its completed performance under the contract before the customer pays consideration or before payment is due. At June 30, 2020 and December 31, 2019, there were no contract assets recorded in the Company’s condensed consolidated balance sheets. Accounts receivable are recorded when the right to consideration becomes unconditional.

Deferred revenue relates to payments received in advance of performance under the contract.  Deferred revenue is recognized as revenue as the Company performs under the contract. The Company had $97,629 in deferred revenue as of December 31, 2019, of which $24,604 and $96,371 was recognized as revenue in the three and six months ended June 30, 2020, respectively. The Company had $85,736 in deferred revenue as of December 31, 2018, of which $21,914 and $84,612 was recognized as revenue in the three and six months ended June 30, 2019, respectively.