XML 22 R11.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Revenue
 3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The Company derives substantially all of its revenue from subscriptions to its consumer aviation service, CLEAR Plus. For the three months ended March 31, 2024 and 2023, no individual airport accounted for more than 10% of membership revenue.
Revenue by Geography
For the three months ended March 31, 2024 and 2023, substantially all of the Company’s revenue was generated in the United States.
Contract liabilities and assets
The Company’s deferred revenue balance primarily relates to amounts received from customers for subscriptions paid in advance of the services being provided that will be earned within the next twelve months. The following table presents changes in the deferred revenue balance for the three months ended March 31, 2024.
2024
Balance as of January 1$376,253 
Deferral of revenue179,386 
Recognition of deferred revenue(177,879)
Balance as of March 31$377,760 
The Company has obligations for refunds and other similar items of $3,070 as of March 31, 2024 recorded within accrued liabilities.
During the three months ended March 31, 2024 and 2023, the Company recognized 154,830 and $111,137, respectively, of revenue which was included in the opening deferred revenue balances.