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Revenue Recognition (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]    
Schedule of Disaggregation of Revenue

The following table provides information about disaggregated revenue by product line, geographical market and timing of revenue recognition:

 

  

Three Months Ended

September 30,

  

Nine Months Ended

September 30,

 
   2021   2020   2021   2020 
Revenue by product line:                    
Advertising  $21,678,480   $9,409,031   $46,300,974   $28,788,631 
Digital subscriptions   7,698,359    8,469,943    22,472,951    20,096,640 
Magazine circulation   25,973,853    12,874,574    53,325,894    34,041,272 
Other   4,222,816    1,336,445    5,835,682    2,667,243 
Total  $59,573,508   $32,089,993   $127,935,501   $85,593,786 
Revenue by geographical market:                    
United States  $57,762,726   $29,964,150   $123,697,063   $81,295,916 
Other   1,810,782    2,125,843    4,238,438    4,297,870 
Total  $59,573,508   $32,089,993   $127,935,501   $85,593,786 
Revenue by timing of recognition:                    
At point in time  $51,875,149   $23,620,050   $105,462,550   $65,497,146 
Over time   7,698,359    8,469,943    22,472,951    20,096,640 
Total  $59,573,508   $32,089,993   $127,935,501   $85,593,786 

The following table provides information about disaggregated revenue by product line, geographical market and timing of revenue recognition:

 

   Years Ended December 31, 
   2020   2019 
Revenue by product line:          
Advertising  $44,359,822   $35,918,370 
Digital subscriptions   28,495,676    6,855,038 
Magazine circulation   50,580,213    9,046,473 
Other   4,596,686    1,523,429 
Total  $128,032,397   $53,343,310 
Revenue by geographical market:          
United States  $122,570,712   $52,611,255 
Other   5,461,685    732,055 
Total  $128,032,397   $53,343,310 
Revenue by timing of recognition:          
At point in time  $99,536,721   $47,557,652 
Over time   28,495,676    5,785,658 
Total  $128,032,397   $53,343,310 
Schedule of Contract with Customer, Asset and Liability

The following table provides information about contract balances:

 

   As of 
   September 30,
2021
   December 31,
2020
 
Unearned revenue (short-term contract liabilities):          
Digital subscriptions  $15,708,139   $14,870,712 
Magazine circulation   49,244,783    46,586,345 
Advertising and other   6,352,733    168,619 
   $71,305,655   $61,625,676 
Unearned revenue (long-term contract liabilities):          
Digital subscriptions  $1,593,724   $593,136 
Magazine circulation   17,444,012    22,712,961 
Other   170,000    192,500 
   $19,207,736   $23,498,597 

The following table provides information about contract balances:

 

   As of December 31, 
   2020   2019 
Unearned revenue (short-term contract liabilities):          
Digital subscriptions  $15,039,331   $8,634,939 
Magazine circulation   46,586,345    23,528,148 
   $61,625,676   $32,163,087 
Unearned revenue (long-term contract liabilities):          
Digital subscriptions  $593,136   $478,557 
Magazine circulation   22,712,961    30,478,154 
Other   192,500    222,500 
   $23,498,597   $31,179,211