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DEFERRED REVENUE
9 Months Ended
Sep. 30, 2021
Revenue from Contract with Customer [Abstract]  
DEFERRED REVENUE

NOTE 6: DEFERRED REVENUE

 

For the nine months ended September 30, 2021 and as of December 31 2020, changes in deferred revenue were as follows:

 

   September 30,   December 31, 
   2021   2020 
Balance, beginning of period  $1,518,163   $953,546 
Deferral of revenue   2,153,640    2,961,749 
Recognition of deferred revenue   (2,026,443)   (2,397,132)
Balance, end of period  $1,645,360   $1,518,163 

 

As of September 30, 2021 and December 31, 2020, is classified as follows:

 

   September 30,   December 31, 
   2021   2020 
Current  $1,134,535   $1,478,430 
Non-current   510,825    39,733 
Deferred revenue  $1,645,360   $1,518,163