Deferred Revenues

3 Months Ended

Mar. 31, 2024

Deferred Revenue [Abstract]

Deferred Revenues

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:

	Three Months Ended March 31,
	2024		2023
Beginning balance	$	1,302	$	1,386
Deferral of revenues	521		395
Recognition of deferred revenues	(543)		(524)
Ending balance	$	1,280	$	1,257

The Company recognized $477 and $483 of revenue during the three months ended March 31, 2024 and 2023, respectively, that was included in the deferred revenue balance at the beginning of the respective period. Revenue for the three months ended March 31, 2024 includes $330 relating to the correction of immaterial misstatements from previous periods.