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REVENUE FROM CONTRACTS WITH CUSTOMERS
9 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
REVENUE FROM CONTRACTS WITH CUSTOMERS REVENUE FROM CONTRACTS WITH CUSTOMERS
Disaggregation of revenue
Timing of recognition
Product revenue is primarily comprised of the portion of revenue from software products that is recognized when the customer takes control of the product (i.e., upon delivery of the software product).
Service and other revenue is primarily comprised of revenue from game related services, virtual currency transactions, and in-game purchases which are recognized over an estimated service period.
Net revenue by timing of recognition was as follows:
Three Months Ended December 31,Nine Months Ended December 31,
2021202020212020
Net revenue recognized:
Service and other (over time)$604,587 $578,830 $1,847,250 $1,662,456 
Product (point in time)298,665 282,059 727,546 870,885 
Total net revenue$903,252 $860,889 $2,574,796 $2,533,341 

Content
Recurrent consumer spending revenue is generated from ongoing consumer engagement and includes revenue from virtual currency, add-on content, and in-game purchases.
Full game and other revenue primarily includes the initial sale of full game software products, which may include offline and/or significant game related services.
Net revenue by content was as follows:
Three Months Ended December 31,Nine Months Ended December 31,
2021202020212020
Net revenue recognized:
Recurrent consumer spending$547,788 $552,320 $1,683,703 $1,569,070 
Full game and other355,464 308,569 891,093 964,271 
Total net revenue$903,252 $860,889 $2,574,796 $2,533,341 
Geography
We attribute net revenue to geographic regions based on software product destination. Net revenue by geographic region was as follows:
Three Months Ended December 31,Nine Months Ended December 31,
2021202020212020
Net revenue recognized:
United States$534,869 $528,324 $1,542,975 $1,502,397 
International368,383 332,565 1,031,821 1,030,944 
Total net revenue$903,252 $860,889 $2,574,796 $2,533,341 

Platform
Net revenue by platform was as follows:
Three Months Ended December 31,Nine Months Ended December 31,
2021202020212020
Net revenue recognized:
Console$665,535 $656,079 $1,864,058 $1,909,033 
PC and other133,907 135,565 409,554 439,511 
Mobile103,810 69,245 301,184 184,797 
Total net revenue$903,252 $860,889 $2,574,796 $2,533,341 

Distribution channel

Our products are delivered through digital online services (digital download, online platforms, and cloud streaming) and physical retail and other.

Net revenue by distribution channel was as follows:
Three Months Ended December 31,Nine Months Ended December 31,
2021202020212020
Net revenue recognized:
Digital online$795,715 $743,141 $2,315,618 $2,204,401 
Physical retail and other107,537 117,748 259,178 328,940 
Total net revenue$903,252 $860,889 $2,574,796 $2,533,341 

Deferred Revenue
We record deferred revenue when payments are due or received in advance of the fulfillment of our associated performance obligations. Deferred revenue, including current and non-current balances as of December 31, 2021 and March 31, 2021 were $979,117 and $965,331, respectively. For the three months ended December 31, 2021, the additions to our deferred revenue balance were due primarily to cash payments received or due in advance of satisfying our performance obligations, while the reductions to our deferred revenue balance were due primarily to the recognition of revenue upon fulfillment of our performance obligations, both of which were in the ordinary course of business.
During the three months ended December 31, 2021 and 2020, $121,324 and $109,713, respectively, of revenue was recognized that was included in the deferred revenue balance at the beginning of the respective period. During the nine months ended December 31, 2021 and 2020, $862,870 and $722,658, respectively, of revenue was recognized that was included in the deferred revenue balance at the beginning of the respective period. As of December 31, 2021, the aggregate amount of contract revenue allocated to unsatisfied performance obligations is $1,185,724, which includes our deferred revenue balances and amounts to be invoiced and recognized in future periods. We expect to recognize approximately $1,024,805 of this balance as
revenue over the next 12 months, and the remainder thereafter. This balance does not include an estimate for variable consideration arising from sales-based royalty license revenue in excess of the contractual minimum guarantee.
As of December 31, 2021 and March 31, 2021, our contract asset balances were $104,889 and $105,554, respectively, which are recorded within Prepaid expenses and other in our Condensed Consolidated Balance Sheets.