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REVENUE
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
The following table illustrates the Company’s revenue:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
Managed Services Revenue$8,036,430 $8,625,924 $24,996,871 $24,172,929 
SaaS Services Revenue35,950 205,870 177,104 705,564 
Total Revenue$8,072,380 $8,831,794 $25,173,975 $24,878,493 
The Company’s revenue is predominantly from Managed Services. Managed Services revenue is comprised of two types of revenue, Sponsored Social and Content. Sponsored Social revenue, which totaled $7.4 million for the three months ended September 30, 2025 and $7.6 million for the three months ended September 30, 2024, is recognized over time. Content revenue, which totaled $0.5 million for the three months ended September 30, 2025, and $1.0 million for the three months ended September 30, 2024, is recognized at a point in time. SaaS revenue, which are not material to total revenue, is recognized over time.
The following table provides the Company’s revenues as determined by customer geographic region:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
Revenue from North America$7,790,531 $7,534,435 $22,832,867 $20,561,879 
Revenue from Other15,565 93,657 219,812 973,490 
Revenue from APAC266,284 1,203,702 2,121,296 3,343,124 
Total$8,072,380 $8,831,794 $25,173,975 $24,878,493 
Contract Assets and Liabilities
The following tables provide information about receivables, contract assets, and contract liabilities from contracts with customers reported in the Company’s consolidated balance sheet:
September 30, 2025December 31, 2024
Billed contract assets$3,582,170 $7,835,041 
Unbilled contract assets126 151,783 
Allowance for doubtful accounts(192,785)(205,000)
Contract liabilities(1)
4,129,798 8,188,651 
(1) Contract liabilities includes the balance of signed contracts that have not been invoiced to the customer and the value of signed contracts that have yet to be recognized as revenue.
The Company does not typically engage in contracts longer than one year. Therefore, the Company will recognize substantially all of the contract liabilities recorded at the end of the year in the following year. The contract liability balance as of December 31, 2024, was $8.2 million. Of that balance, $7.5 million was recognized as revenue during the nine months ended September 30, 2025. The contract liability balance as of September 30, 2025, was $4.1 million. The Company expects to recognize the associated revenue during the next six months.
Contract receivables are recognized when the receipt of consideration is unconditional. Contract liabilities relate to the consideration received from customers in advance of the Company satisfying performance obligations under the terms of the contracts, which will be earned in future periods. Contract liabilities increase as a result of receiving new advance payments
from customers and decrease as revenue is recognized upon the Company meeting the performance obligations. As a practical expedient, the Company expenses the costs of sales commissions that are paid to its sales force associated with obtaining contracts that are less than one year in length in the period incurred.
Remaining Performance Obligations
As most of the Company’s contracts have terms of one year or less, the remaining performance obligations at September 30, 2025 and December 31, 2024, are equal to the contract liabilities disclosed above. The Company expects to recognize the full balance of the unearned revenue from September 30, 2025 within twelve months.