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Revenue Recognition (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]    
Schedule of Disaggregation of Revenue

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

 

  

Three Months Ended

June 30,

  

Six Months Ended

June 30,

 
   2021   2020   2021   2020 
Revenue by product line:                    
Advertising  $13,548,069   $7,541,616   $24,622,494   $19,379,600 
Digital subscriptions   7,690,111    6,089,450    14,774,592    11,626,697 
Magazine circulation   12,642,018    8,629,166    27,352,041    21,166,698 
Other   866,314    830,708    1,612,866    1,330,798 
Total  $34,746,512   $23,090,940   $68,361,993   $53,503,793 
Revenue by geographical market:                    
United States  $33,360,160   $22,049,636   $65,934,337   $51,331,766 
Other   1,386,352    1,041,304    2,427,656    2,172,027 
Total  $34,746,512   $23,090,940   $68,361,993   $53,503,793 
Revenue by timing of recognition:                    
At point in time  $27,056,401   $17,001,490   $53,587,401   $41,877,096 
Over time   7,690,111    6,089,450    14,774,592    11,626,697 
Total  $34,746,512   $23,090,940   $68,361,993   $53,503,793 

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

 

   Years Ended December 31, 
   2020   2019 
Revenue by product line:          
Advertising  $44,359,822   $35,918,370 
Digital subscriptions   28,495,676    6,855,038 
Magazine circulation   50,580,213    9,046,473 
Other   4,596,686    1,523,429 
Total  $128,032,397   $53,343,310 
Revenue by geographical market:          
United States  $122,570,712   $52,611,255 
Other   5,461,685    732,055 
Total  $128,032,397   $53,343,310 
Revenue by timing of recognition:          
At point in time  $99,536,721   $47,557,652 
Over time   28,495,676    5,785,658 
Total  $128,032,397   $53,343,310 
Schedule of Contract with Customer, Asset and Liability

The following table provides information about contract balances:

 

   As of 
   June 30, 2021   December 31, 2020 
Unearned revenue (short-term contract liabilities):          
Digital subscriptions  $19,358,809   $15,039,331 
Magazine circulation   52,539,366    46,586,345 
   $71,898,175   $61,625,676 
Unearned revenue (long-term contract liabilities):          
Digital subscriptions  $685,039   $593,136 
Magazine circulation   27,297,916    22,712,961 
Other   177,500    192,500 
   $28,160,455   $23,498,597 

The following table provides information about contract balances:

 

   As of December 31, 
   2020   2019 
Unearned revenue (short-term contract liabilities):          
Digital subscriptions  $15,039,331   $8,634,939 
Magazine circulation   46,586,345    23,528,148 
   $61,625,676   $32,163,087 
Unearned revenue (long-term contract liabilities):          
Digital subscriptions  $593,136   $478,557 
Magazine circulation   22,712,961    30,478,154 
Other   192,500    222,500 
   $23,498,597   $31,179,211