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Revenue from Contracts with Customers
6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
Disaggregated revenue
The following table presents the Company’s revenues disaggregated into categories based on the nature of such revenues (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2022202120222021
Subscription$199,943 $114,368 $419,111 $221,482 
Advertising22,020 16,466 45,172 29,072 
Wagering(182)— (483)— 
Other109 50 109 50 
Total revenues$221,890 $130,884 $463,909 $250,604 
The following tables summarize subscription revenue and advertising revenue by region for the three and six months ended June 30, 2022 and 2021 (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2022202120222021
United States and Canada$216,122 $130,725 $452,896 $250,342 
Rest of world5,841 109 11,387 212 
Total subscription and advertising revenues$221,963 $130,834 $464,283 $250,554 
Contract balances
There were no losses recognized related to any receivables arising from the Company’s contracts with customers for the six months ended June 30, 2022 and 2021.
For the three and six months ended June 30, 2022 and 2021, the Company did not recognize material bad-debt expense and there were no material contract assets recorded on the accompanying condensed consolidated balance sheets as of June 30, 2022 and December 31, 2021.
The Company’s contract liabilities primarily relate to upfront payments and consideration received from customers for subscription services. As of June 30, 2022, and December 31, 2021, the Company’s contract liabilities totaled approximately $42.3 million and $44.3 million, respectively, and are recorded as deferred revenue on the accompanying condensed consolidated balance sheets.
Transaction price allocated to remaining performance obligations
The Company does not disclose the transaction price allocated to remaining performance obligations since subscription and advertising contracts have an original expected term of one year or less.