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SIGNIFICANT ACCOUNTING POLICIES (Tables) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2021 | Dec. 31, 2020
SIGNIFICANT ACCOUNTING POLICIES |  |
Schedule of accounts receivable |  |
|  | Year Ended December 31,
|  | 2020 |  | 2019
Bank income receivable |  | $ | 13,097 |  | $ | 9,225
Other accounts receivable |  |  | 4,868 |  |  | 4,301
Reserve for doubtful accounts |  |  | (122) |  |  | (139)
Total accounts receivable |  | $ | 17,843 |  | $ | 13,387
Schedule of purchased and collected principal amounts associated with Capital Advance (CA) receivables | During the three months ended March 31, 2021 and 2020, the Company has purchased and collected the following principal amounts associated with CAs:
CA receivable, gross, December 31, 2020 |  | $ | 67,682
CA extended to customers |  |  | 104,381
Revenue earned in the period but not collected |  |  | 901
Revenue collected in the period but not earned |  |  | (782)
CA collected from customers |  |  | (97,638)
Exchange rate adjustments |  |  | (627)
Charge-offs, net of recoveries |  |  | (292)
CA receivable, gross, March 31, 2021 |  | $ | 73,625
Allowance for CA losses, March 31, 2021 |  |  | (1,593)
CA receivable, net, March 31, 2021 |  | $ | 72,032
CA receivable, gross, December 31, 2019 |  | $ | 60,636
CA extended to customers |  |  | 48,513
Revenue earned in the period but not collected |  |  | 587
Revenue collected in the period but not earned |  |  | (656)
CA collected from customers |  |  | (74,897)
Exchange rate adjustments |  |  | (445)
Charge-offs, net of recoveries |  |  | (248)
CA receivable, gross, March 31, 2020 |  | $ | 33,490
Allowance for CA losses, March 31, 2020 |  |  | (1,080)
CA receivable, net, March 31, 2020 |  | $ | 32,410
| During the years ended December 31, 2020 and 2019, the Company has purchased and collected the following principal amounts associated with CAs:
CA receivable, gross, January 1, 2020 |  | $ | 60,636
CA extended to customers |  |  | 265,592
Revenue earned but not collected |  |  | 782
Revenue collected but not earned |  |  | (656)
CA collected from customers |  |  | (259,134)
Exchange rate adjustments |  |  | 970
Charge-offs, net of recoveries |  |  | (508)
CA receivable, gross, December 31, 2020 |  | $ | 67,682
Allowance for CA losses, December 31, 2020 |  |  | (1,587)
CA receivable, net, December 31, 2020 |  | $ | 66,095
CA receivable, gross, January 1, 2019 |  | $ | 16,909
CA extended to customers |  |  | 171,126
Revenue earned but not collected |  |  | 656
Revenue collected but not earned |  |  | (122)
CA collected from customers |  |  | (128,003)
Exchange rate adjustments |  |  | 170
Charge-offs, net of recoveries |  |  | (100)
CA receivable, gross, December 31, 2019 |  | $ | 60,636
Allowance for CA losses, December 31, 2019 |  |  | (900)
CA receivable, net, December 31, 2019 |  | $ | 59,736
Schedule of current and overdue amounts of CAs | The outstanding gross balance at March 31, 2021 consists of the following current and overdue amounts:
|  |  |  | 1‑30 days |  |  |  |  |  | Above 90
Total |  | Current |  | overdue |  | 30‑60 overdue |  | 60‑90 overdue |  | overdue
73,625 |  | 72,024 |  | 404 |  | 113 |  | 204 |  | 880
The outstanding gross balance at December 31, 2020 consists of the following current and overdue amounts:
|  |  |  | 1‑30 days |  |  |  |  |  | Above 90
Total |  | Current |  | overdue |  | 30‑60 overdue |  | 60‑90 overdue |  | overdue
67,682 |  | 66,018 |  | 263 |  | 129 |  | 218 |  | 1,054
| The outstanding gross balance at December 31, 2020 consists of the following current and overdue amounts:
Total |  | Current |  | 1 - 30 days overdue |  | 30 - 60 overdue |  | 60 - 90 overdue |  | Above 90 overdue
67,682 |  | 66,018 |  | 263 |  | 129 |  | 218 |  | 1,054
The outstanding gross balance at December 31, 2019 consists of the following current and overdue amounts:
Total |  | Current |  | 1 - 30 days overdue |  | 30 - 60 overdue |  | 60 - 90 overdue |  | Above 90 overdue
60,636 |  | 58,468 |  | 1,373 |  | 619 |  | 96 |  | 80
Schedule of current and overdue balances CAs that are segregated into the timing of expected collections | The following are current and overdue balances from above that are segregated into the timing of expected collections at March 31, 2021:
|  |  |  | Due in less than |  | Due in |  | Due in |  | Due in more than
Total |  | Overdue |  | 30 days |  | 30‑60 days |  | 60‑90 days |  | 90 days
73,625 |  | 1,601 |  | 15,202 |  | 23,963 |  | 28,957 |  | 3,902
The following are current and overdue balances from above that are segregated into the timing of expected collections at December 31, 2020:
|  |  |  | Due in less than |  | Due in |  | Due in |  | Due in more than
Total |  | Overdue |  | 30 days |  | 30‑60 days |  | 60‑90 days |  | 90 days
67,682 |  | 1,664 |  | 10,143 |  | 19,726 |  | 34,979 |  | 1,170
| The following are current and overdue balances from above that are segregated into the timing of expected collections at December 31, 2020:
|  |  |  | Due in less than |  |  |  |  |  | Due in more than
Total |  | Overdue |  | 30 days |  | Due in 30 - 60 days |  | Due in 60 - 90 days |  | 90 days
67,682 |  | 1,664 |  | 10,143 |  | 19,726 |  | 34,979 |  | 1,170
The following are current and overdue balances from above that are segregated into the timing of expected collections at December 31, 2019:
|  |  |  | Due in less than |  |  |  |  |  | Due in more than
Total |  | Overdue |  | 30 days |  | Due in 30-60 days |  | Due in 60-90 days |  | 90 days
60,636 |  | 2,168 |  | 10,857 |  | 16,016 |  | 31,595 |  | —
Schedule of rollforward for the allowance for CA losses ("ALCAL") | Below is a rollforward for the allowance for CA losses (“ALCAL”) for the three months ended March 31, 2021 and 2020:
ALCAL balance, December 31, 2020 |  | $ | 1,587
Provision for ALCAL |  |  | 1,595
Recoveries for ALCAL |  |  | (1,268)
CA receivables charged off |  |  | (321)
ALCAL balance, March 31, 2021 |  | $ | 1,593
ALCAL balance, December 31, 2019 |  | $ | 900
Provision for ALCAL |  |  | 2,566
Recoveries for ALCAL |  |  | (2,100)
CA receivables charged off |  |  | (286)
ALCAL balance, March 31, 2020 |  | $ | 1,080
| Below is a rollforward for the ALCAL for the years ending December 31, 2020 and 2019:
ALCAL balance, January 1, 2019 |  | $ | 153
Provision for ALCAL |  |  | 2,701
Recoveries for ALCAL |  |  | (1,854)
CA receivables charged off |  |  | (100)
ALCAL balance, December 31, 2019 |  | $ | 900
ALCAL balance, January 1, 2020 |  | $ | 900
Provision for ALCAL |  |  | 5,723
Recoveries for ALCAL |  |  | (4,247)
CA receivables charged off |  |  | (789)
ALCAL balance, December 31, 2020 |  | $ | 1,587
Schedule of estimated useful lives |  |
|  | Years
Computers, software and peripheral equipment |  | 3 - 5
Furniture and office equipment |  | 6 - 16
Leasehold improvements |  | Lesser of economic life or lease term
Schedule of revenue disaggregated by primary geographical market |
|  | Three months ended March 31,
|  | 2021 |  | 2020
Primary geographical markets |  |  |  |  |  |
Greater China(1) |  | $ | 39,614 |  | $ | 25,952
United States |  |  | 8,053 |  |  | 15,934
All other countries(2) |  |  | 52,939 |  |  | 40,073
Total revenues |  | $ | 100,606 |  | $ | 81,959
| (1) |  | Greater China is inclusive of mainland China, Hong Kong and Taiwan
| (2) |  | No single country included in the other countries category generated more than 10% of total revenue
|  | Year Ended December 31,
|  | 2020 |  | 2019 |  | 2018
Primary geographical markets |  |  |  |  |  |  |  |  |
Greater China(1) |  | $ | 127,307 |  | $ | 103,531 |  | $ | 98,146
United States |  |  | 38,729 |  |  | 69,016 |  |  | 49,997
All other countries(2) |  |  | 179,556 |  |  | 145,203 |  |  | 111,992
Total revenues |  | $ | 345,592 |  | $ | 317,750 |  | $ | 260,135
| (1) |  | Greater China is inclusive of mainland China, Hong Kong and Taiwan
| (2) |  | No single country included in the other countries category generated more than 10% of total revenue
Schedule of revenue recognized from contracts with customers as well as revenue from other sources |
|  | Three months ended March 31,
|  | 2021 |  | 2020
Revenue recognized at a point in time |  | $ | 97,343 |  | $ | 76,648
Revenue recognized over time |  |  | 2,734 |  |  | 1,856
Revenue from contracts with customers |  |  | 100,077 |  |  | 78,504
Revenue from other sources |  |  | 529 |  |  | 3,455
Total revenues |  | $ | 100,606 |  | $ | 81,959
|  | Year Ended December 31,
|  | 2020 |  | 2019 |  | 2018
Revenue recognized at a point in time |  | $ | 332,939 |  | $ | 297,077 |  | $ | 252,268
Revenue recognized over time |  |  | 6,652 |  |  | 3,456 |  |  | —
Revenue from contracts with customers |  |  | 339,591 |  |  | 300,533 |  |  | 252,268
Revenue from other sources |  |  | 6,001 |  |  | 17,217 |  |  | 7,867
Total revenues |  | $ | 345,592 |  | $ | 317,750 |  | $ | 260,135
Schedule of deferred customer acquisition costs |  |
Opening balance (modified retrospective adoption of ASC 606 on January 1, 2019) |  | $ | 285
Additions to deferred customer acquisition costs |  |  | 6,981
Amortization of deferred customer acquisition costs |  |  | (2,209)
Ending balance as of December 31, 2019 |  | $ | 5,057
Opening balance as of January 1, 2020 |  | $ | 5,057
Additions to deferred customer acquisition costs |  |  | 10,119
Amortization of deferred customer acquisition costs |  |  | (6,200)
Ending balance as of December 31, 2020 |  | $ | 8,976

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