REVENUE

12 Months Ended

Dec. 31, 2019

Revenue from Contract with Customer [Abstract]

REVENUE

NOTE 3. REVENUE

We are not required to include disclosures related to remaining performance obligations because substantially all of our contracts with customers have an original expected duration of one year or less.

Disaggregation of Revenue

The following table presents a disaggregation of our revenue by major category for the year ended December 31, 2019 and 2018 (in thousands):

	Year Ended December 31,
Revenue category	2019		2018
Data platform services:
AI-based products and services	3,595		4,292
FinTech services	—		3,738
Advertising and other	1,425		2,023
Revenue	$	5,020	$	10,053

Significant Judgments

When accounting for revenue we make certain judgments, such as whether we act as a principal or as an agent in transactions or whether our contracts with customers fall within the scope of current GAAP regarding revenue, that affect the determination of the amount and timing of our revenue from contracts with customers. Based on the current facts and circumstances related to our contracts with customers, none of the judgments we make involve an elevated degree of qualitative significance or complexity such that further disclosure is warranted in terms of their potential impact on the amount and timing of our revenue.

Contract Assets and Contract Liabilities

We do not currently generate material contract assets. During the year ended December 31, 2019, our Contract liability related to continuing operations changed only as a result of routine business activity. We did not recognize material amounts of revenue during the year ended December 31, 2019 that was included in the beginning balance of Contract liability at January 1, 2019, while we recognized $0.3 million of revenue during the year ended December 31, 2018 that was included in the beginning balance of Contract liability at January 1, 2018.

Certain Agreements in the Technology and Data Intelligence Segment

We did not complete a material amount of contracts in 2019 for which we could not recognize revenue due to uncertainty of collection of amounts payable to us under the agreement. In December 2018, we completed two fully-integrated AI solutions for which we fully performed under the agreement and title to the product passed to our customer, so we recognized cost of revenue of $4.0 million; however, we did not recognize the $4.6 million of revenue from such projects due to uncertainty regarding the timing of collection of amounts payable to us under the agreement. The uncertainty regarding the timing of collection prevented us from determining that collectibility of all amounts payable to us under the agreements was probable, resulting in a timing difference between recognition of cost and recognition of revenue. Though we cannot recognize the revenue until collectibility is deemed probable, we expect to fully collect the amounts payable to us under our legally-enforceable agreements and, therefore, we recorded a receivable of $4.6 million in Prepaid expense and other current assets, and a liability in Accrued expense and other current liabilities on our 2018 Consolidated Balance Sheet.

During 2019, we recognized approximately $1.1 million of revenue on the two projects described above for which we did not recognize revenue in 2018 due to uncertainty regarding the timing of collection of the amounts due.