Revenue (Tables)

3 Months Ended

Mar. 31, 2021

Revenue from Contract with Customer [Abstract]

Schedule of disaggregated revenues

The tables below show the Company’s disaggregated revenue for the periods presented:

	Three Months Ended March 31,
	2021		2020
Subscription revenues	$	235,092	$	193,235
Transactional revenues	84,177		49,239
Re-occurring revenues	112,185		—
Total revenues, gross	431,454		242,474
Deferred revenues adjustment(1)	(3,024)		(1,882)
Total revenues, net	$	428,430	$	240,592
(1) Reflects the deferred revenue adjustment as a result of purchase accounting.

The following table summarizes revenue by reportable segment for the periods indicated:

	Three Months Ended March 31,
	2021		2020
Science Segment	$	191,288	$	145,694
Intellectual Property Segment	237,142		94,898
Total Revenues	$	428,430	$	240,592

Schedule of contract balances

	Accounts receivable, net		Current portion of deferred revenues		Non-current portion of deferred revenues
Opening (1/1/2021)	$	737,733	$	707,318	$	41,399
Closing (03/31/2021)	706,879		769,030		45,404
(Increase)/decrease	$	30,854	$	(61,712)	$	(4,005)
Opening (1/1/2020)	$	333,858	$	407,325	$	19,723
Closing (03/31/2020)	343,177		472,101		18,774
(Increase)/decrease	$	(9,319)	$	(64,776)	$	949