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Revenue Recognition
3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Revenue Recognition

15. Revenue Recognition

 

Disaggregation of Revenue

 

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

  

   2023   2022 
   Three Months Ended March 31, 
   2023   2022 
Revenue by category:          
Digital revenue          
Digital advertising  $23,504   $21,646 
Digital subscriptions   3,871    6,461 
Licensing and syndication revenue   4,622    3,101 
Other digital revenue   636    364 
Total digital revenue   32,633    31,572 
Print revenue          
Print advertising   2,082    1,368 
Print subscriptions   16,665    15,303 
Total print revenue   18,747    16,671 
Total  $51,380   $48,243 
Revenue by geographical market:          
United States  $49,575   $47,321 
Other   1,805    922 
Total  $51,380   $48,243 
Revenue by timing of recognition:          
At point in time  $47,509   $41,782 
Over time   3,871    6,461 
Total  $51,380   $48,243 

 

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:

  

  

March 31, 2023

(unaudited)

   December 31, 2022 
   As of 
  

March 31, 2023

(unaudited)

   December 31, 2022 
Unearned revenue (short-term contract liabilities):          
Digital revenue  $19,342   $18,571 
Print revenue   41,242    40,132 
Total short-term contract liabilities  $60,584   $58,703 
Unearned revenue (long-term contract liabilities):          
Digital revenue  $825   $1,118 
Print revenue   20,409    18,583 
Total long-term contract liabilities  $21,234   $19,701 

 

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