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Revenue Recognition
9 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Revenue Recognition

16. Revenue Recognition

 

Disaggregation of Revenue

 

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

 

   2023   2022   2023   2022 
  

Three Months Ended

September 30,

  

Nine Months Ended

September 30,

 
   2023   2022   2023   2022 
Revenue by category:                    
Digital revenue                    
Digital advertising  $36,659   $28,512   $89,458   $74,849 
Digital subscriptions   3,181    4,629    10,430    16,580 
Licensing and syndication revenue   4,468    4,391    13,523    11,820 
Other digital revenue   1,516    458    3,486    1,374 
Total digital revenue   45,824    37,990    116,897    104,623 
Print revenue                    
Print advertising   2,259    3,443    7,677    7,786 
Print subscriptions   15,335    15,844    49,030    46,863 
Total print revenue   17,594    19,287    56,707    54,649 
Total  $63,418   $57,277   $173,604   $159,272 
Revenue by geographical market:                    
United States  $61,126   $55,374   $169,326   $156,447 
Other   2,292    1,903    4,278    2,825 
Total  $63,418   $57,277   $173,604   $159,272 
Revenue by timing of recognition:                    
At point in time  $60,237   $52,648   $163,174   $142,692 
Over time   3,181    4,629    10,430    16,580 
Total  $63,418   $57,277   $173,604   $159,272 

 

For the three and nine months ended September 30, 2022, disaggregated revenue represents revenue from continuing operations.

 

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:

 

  

September 30, 2023

(unaudited)

   December 31, 2022 
   As of 
  

September 30, 2023

(unaudited)

   December 31, 2022 
Unearned revenue (short-term contract liabilities):          
Digital revenue  $18,452   $18,571 
Print revenue   45,305    40,132 
Total short-term contract liabilities  $63,757   $58,703 
Unearned revenue (long-term contract liabilities):          
Digital revenue  $738   $1,118 
Print revenue   13,794    18,583 
Total long-term contract liabilities  $14,532   $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.