Deferred Revenues

9 Months Ended

Sep. 30, 2021

Deferred Revenue [Abstract]

Deferred Revenues

4. Deferred Revenues

Deferred revenues relate to performance obligations for which payments are received from customers prior to the satisfaction of the Company’s obligations to its customers. Deferred revenues primarily consist of amounts allocated to the mobile application, unspecified upgrade rights, and content, and are recognized over the service period of the performance obligations, which range from 5 to 27 months.

Changes in the total deferred revenues balance were as follows:

	For the Three Months Ended September 30,
	2021			2020
Beginning balance	$	1,831		$	1,151
Deferral of revenues		1,410			772
Recognition of deferred revenues		(1,167	)		(589	)
Ending balance	$	2,074		$	1,334
	For the Nine Months Ended September 30,
	2021			2020
Beginning balance	$	1,802		$	853
Deferral of revenues		3,428			1,938
Recognition of deferred revenues		(3,156	)		(1,457	)
Ending balance	$	2,074		$	1,334

The Company recognized $848 and $426 of revenue during the three months ended September 30, 2021 and 2020, respectively, that was included in the deferred revenue balance at the beginning of the respective period. The Company recognized $1,502 and $585 of revenue during the nine months ended September 30, 2021 and 2020, respectively, that was included in the deferred revenue balance at the beginning of the respective period.