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Revenue Recognition
6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue Recognition

13. Revenue Recognition

 

Disaggregation of Revenue

 

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

  

   2022   2021   2022   2021 
  

Three Months Ended

June 30,

  

Six Months Ended

June 30,

 
   2022   2021   2022   2021 
Revenue by category:                    
Digital revenue                    
Digital advertising  $24,693   $11,532   $46,339   $21,072 
Digital subscriptions   5,490    7,690    11,951    14,775 
Other revenue   4,880    867    8,345    1,613 
Total digital revenue   35,063    20,089    66,635    37,460 
Print revenue                    
Print advertising   13,788    2,015    15,156    3,548 
Print subscriptions   16,224    12,642    31,527    27,353 
Total print revenue   30,012    14,657    46,683    30,901 
Total  $65,075   $34,746   $113,318   $68,361 
Revenue by geographical market:                    
United States  $63,172   $33,360   $110,493   $65,888 
Other   1,903    1,386    2,825    2,473 
Total  $65,075   $34,746   $113,318   $68,361 
Revenue by timing of recognition:                    
At point in time  $59,585   $27,056   $101,367   $53,586 
Over time   5,490    7,690    11,951    14,775 
Total  $65,075   $34,746   $113,318   $68,361 

 

Contract Balances

 

The timing of the Company’s performance under its various contracts often differs from the timing of the customer’s payment, which results in the recognition of a contract asset or a contract liability. A contract asset is recognized when a good or service is transferred to a customer and the Company does not have the contractual right to bill for the related performance obligations. A contract liability is recognized when consideration is received from the customer prior to the transfer of goods or services.

 

The following table provides information about contract balances:

  

   June 30, 2022   December 31, 2021 
   As of 
   June 30, 2022   December 31, 2021 
Unearned revenue (short-term contract liabilities):          
Digital subscriptions  $22,469   $14,693 
Print revenue   38,438    39,337 
Total unearned revenue (short-term contract liabilities)  $60,907   $54,030 
Unearned revenue (long-term contract liabilities):          
Digital subscriptions  $1,058   $1,446 
Print revenue   11,533    13,831 
Total unearned revenue (long-term contract liabilities)  $12,591   $15,277 

 

Unearned Revenue – Unearned revenue, also referred to as contract liabilities, include payments received in advance of performance under the contracts and are recognized as revenue over time. The Company records contract liabilities as unearned revenue on the condensed consolidated balance sheets.