Disaggregation of Revenue

9 Months Ended

Sep. 30, 2020

Disaggregation of Revenue

Note 16. Disaggregation of Revenue

Note 16: Disaggregation of Revenue

The Company operates as one reporting segment. Operating segments are defined as components of an enterprise for which separate financial information in regularly evaluated by the chief operating decision maker (“CODM”), which is the Company’s chief executive officer, in deciding how to allocate resources and assess performance. The Company does not present geographical information about revenues because it is impractical to do so. Disaggregated revenue for the three and nine months ended September 30, 2020, and 2019, are as follows:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
Revenue by Product:
Marketing Automation Revenue	$	6,688,733	$	5,676,555	$	19,615,065	$	16,389,475
Retargeting Revenue		584,085		-		1,870,802		-
Mail + Product Revenue		34,014		47,423		144,599		178,221
Total Revenue	$	7,306,832	$	5,723,978	$	21,630,466	$	16,567,696
Revenue by Type:
Recurring Revenue	$	6,376,386	$	5,391,989	$	18,825,946	$	15,384,507
Retargeting Revenue		584,085		-		1,870,802		-
Upfront Fees		346,361		331,989		933,718		1,183,189
Total Revenue	$	7,306,832	$	5,723,978	$	21,630,466	$	16,567,696