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DEFERRED REVENUE
3 Months Ended
Mar. 31, 2018
Deferred Revenue [Abstract]  
DEFERRED REVENUE

Deferred revenue consists of the following:

 

   

March 31,

2018

   

December 31,

2017

 
Current:            
Hosting services   $ 1,501,482     $ 1,032,000  
Domains     295,757       104,172  
Media subscription     112,885       111,514  
    $ 1,910,125     $ 1,247,686  
Noncurrent:                
Hosting services     79,752       50,351  
Domains     181,062       83,266  
    $ 2,170,939     $ 1.381.303  

 

The increase in the deferred revenue balance is primarily driven by payments received in advance of satisfying our performance obligations, offset by revenue recognized during the three months ended March 31, 2018 that was included in the deferred revenue balance as of December 31, 2017. The deferred revenue balance as of March 31, 2018 represents our aggregate remaining performance obligations that will be recognized as revenue over the period in which the performance obligations are satisfied.

 

Deferred revenue as of March 31, 2018 is expected to be recognized as revenue as follows:

 

   

Remainder of

2018

    2019     2020     2021     2022     Thereafter     Total  
Domains   $ 239,758     $ 119,934     $ 52,213     $ 32,902     $ 23,102     $ 8,610     $ 476,819  
Hosting     1,417,173       164,062       -       -       -       -       1,581,235  
Media Subscription     109,798       3,087       -       -       -               112,885  
    $ 1,766,729     $ 287,083     $ 52,513     $ 32,902     $ 23,102     $ 8,610     $ 2,170,939  

 

Disaggregated revenue consists of following:

 

    Three Months Ended March 31,  
    2018     2017  
Hosting services   $ 2,061,495     $ -  
Podcast Hosting     2,501,107       1,931,188  
Advertising     320,664       480,891  
Domains     71,796       -  
Other     90,028       82,032  
    $ 5,059,305     $ 2,494,111