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Revenue Recognition
6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Revenue Recognition

16. Revenue Recognition

 

Disaggregation of Revenue

 

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

 

   2023   2022   2023   2022 
  

Three Months Ended

June 30,

  

Six Months Ended

June 30,

 
   2023   2022   2023   2022 
Revenue by category:                    
Digital revenue                    
Digital advertising  $29,295   $24,691   $52,799   $46,337 
Digital subscriptions   3,378    5,490    7,249    11,951 
Licensing and syndication revenue   4,433    4,461    9,055    7,429 
Other digital revenue   1,334    419    1,970    916 
Total digital revenue   38,440    35,061    71,073    66,633 
Print revenue                    
Print advertising   3,336    2,975    5,418    4,343 
Print subscriptions   17,030    15,716    33,695    31,019 
Total print revenue   20,366    18,691    39,113    35,362 
Total  $58,806   $53,752   $110,186   $101,995 
Revenue by geographical market:                    
United States  $56,491   $51,849   $106,056   $99,170 
Other   2,315    1,903    4,130    2,825 
Total  $58,806   $53,752   $110,186   $101,995 
Revenue by timing of recognition:                    
At point in time  $55,428   $48,262   $102,937   $90,044 
Over time   3,378    5,490    7,249    11,951 
Total  $58,806   $53,752   $110,186   $101,995 

 

For the three and six months ended June 30, 2022, disaggregated revenue represents revenue from continuing operations.

 

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:

 

  

June 30, 2023

(unaudited)

   December 31, 2022 
   As of 
  

June 30, 2023

(unaudited)

   December 31, 2022 
Unearned revenue (short-term contract liabilities):          
Digital revenue  $19,816   $18,571 
Print revenue   46,983    40,132 
Total short-term contract liabilities  $66,799   $58,703 
Unearned revenue (long-term contract liabilities):          
Digital revenue  $664   $1,118 
Print revenue   16,416    18,583 
Total long-term contract liabilities  $17,080   $19,701 

 

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