v3.25.1
Revenue
3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenue

12. Revenue

 

Disaggregation of Revenue

 

The tables below reflect revenue by major source and timing of transfer of goods and services for the three months ended March 31, 2025 and 2024. The Company had no revenue derived from geographical regions outside of the U.S. during the three months ended March 31, 2025 and 2024. All revenue during the three months ended March 31, 2025 and 2024 was recognized when the performance obligation was satisfied at point in time.

 

       
   Three Months Ended March 31, 
   2025   2024 
Delivered events - Virtual and Hybrid  $713   $1,081 
Delivered events - Physical   26    47 
Total  $739   $1,128 

 

 

The following table summarizes the activity in deferred revenue during the three months ended March 31, 2025 and the year ended December 31, 2024:

 

  

Three months ended

March 31,

  

Year Ended

December 31,

 
   2025   2024 
Balance, beginning of year  $ 147   $275 
Revenue earned   (218)   (1,245)
Deferral of revenue   341    1,117 
Balance, end of year  $270   $147