REVENUE

The Company has consistently applied its accounting policies with respect to revenue to all periods presented in the consolidated financial statements contained herein. The following table illustrates the Company’s revenue by product service type:



	Three Months Ended March 31,
	2020		2019
Managed Services Revenue	$	4,125,061	$	3,867,232

Legacy Workflow Fees	—		47,330
Marketplace Spend Fees	166,293		374,653
License Fees	416,816		491,094
SaaS Services Revenue	583,109		913,077

Other Revenue	55,498		13,447
Total Revenue	$	4,763,668	$	4,793,756

The following table provides the Company’s revenues as determined by the country of domicile:



	Three Months Ended March 31,
	2020		2019
United States	$	4,578,008	$	4,275,419
Canada	185,660		518,337
Total	$	4,763,668	$	4,793,756

Contract Balances

The following table provides information about receivables, contract assets and contract liabilities from contracts with customers.



	March 31, 2020		December 31, 2019
Accounts receivable, net	$	3,977,571	$	5,596,719
Contract liabilities (unearned revenue)	$	5,597,479	$	6,466,766

The Company does not typically engage in contracts that are longer than one year. Therefore, the Company did not recognize any contract assets as of March 31, 2020 or December 31, 2019. The Company does not capitalize costs to obtain its customer contracts given their general duration of less than one year and the amounts are not material.

Contract receivables are recognized when the receipt of consideration is unconditional. Contract liabilities relate to advance consideration received from customers under the terms of the Company’s contracts, which will be earned in future periods.

As a practical expedient, the Company expenses the costs of sales commissions that are paid to its sales force associated with obtaining contracts less than one year in length in the period incurred.

Remaining Performance Obligations

The Company typically enters into contracts that are one year or less in length. As such, the remaining performance obligations at March 31, 2020 and December 31, 2019 are equal to the contract liabilities disclosed above. The Company expects to recognize the full balance of the unearned revenue at March 31, 2020 within the next year.