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Deferred Revenue | 12 Months Ended
--- | ---
Dec. 31, 2019
Deferred Revenue |
Deferred Revenue | 7. Deferred Revenue The Company records deferred revenue when cash payments are received or due in advance of services to be performed. The recognized revenue and remaining balance is shown below (in thousands):
|  | Amount
Deferred revenue balance - December 31, 2018 |  | $ | 27,883
New billings |  |  | 106,153
Revenue recognized |  |  | (110,046)
Deferred revenue balance - December 31, 2019 |  | $ | 23,990

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