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Revenue Recognition
9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue Recognition

 

13. Revenue Recognition

 

Disaggregation of Revenue

 

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

  

   2022   2021   2022   2021 
  

Three Months Ended

September 30,

  

Nine Months Ended

September 30,

 
   2022   2021   2022   2021 
Revenue by category:                    
Digital revenue                    
Digital advertising  $28,513   $18,325   $74,852   $39,397 
Digital subscriptions   4,629    7,699    16,580    22,474 
Other revenue   4,848    4,221    13,193    5,834 
Total digital revenue   37,990    30,245    104,625    67,705 
Print revenue                    
Print advertising   12,541    3,356    27,697    6,904 
Print subscriptions   16,175    25,974    47,702    53,327 
Total print revenue   28,716    29,330    75,399    60,231 
Total  $66,706   $59,575   $180,024   $127,936 
Revenue by geographical market:                    
United States  $64,187   $57,764   $174,680   $123,652 
Other   2,519    1,811    5,344    4,284 
Total  $66,706   $59,575   $180,024   $127,936 
Revenue by timing of recognition:                    
At point in time  $62,077   $51,876   $163,444   $105,462 
Over time   4,629    7,699    16,580    22,474 
Total  $66,706   $59,575   $180,024   $127,936 

 

Contract Balances

 

The timing of the Company’s performance under its various contracts often differs from the timing of the customer’s payment, which results in the recognition of a contract asset or a contract liability. A contract asset is recognized when a good or service is transferred to a customer and the Company does not have the contractual right to bill for the related performance obligations. A contract liability is recognized when consideration is received from the customer prior to the transfer of goods or services.

 

The following table provides information about contract balances:

  

   September 30, 2022   December 31, 2021 
     
   As of 
   September 30, 2022   December 31, 2021 
Unearned revenue (short-term contract liabilities):          
Digital subscriptions  $18,020   $14,693 
Print revenue   33,663    39,337 
Total unearned revenue (short-term contract liabilities)  $51,683   $54,030 
Unearned revenue (long-term contract liabilities):          
Digital subscriptions  $871   $1,446 
Print revenue   10,620    13,831 
Total unearned revenue (long-term contract liabilities)  $11,491   $15,277 

 

Unearned Revenue – Unearned revenue, also referred to as contract liabilities, include payments received in advance of performance under the contracts and are recognized as revenue over time. The Company records contract liabilities as unearned revenue on the condensed consolidated balance sheets.