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REVENUE
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
The following table illustrates the Company’s revenue:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Managed Services Revenue$5,711,285 $9,053,031 $12,264,456 $16,960,441 
SaaS Services Revenue95,801 80,201 115,862 141,154 
Total Revenue$5,807,086 $9,133,232 $12,380,318 $17,101,595 
The Company’s revenue is predominantly derived from Managed Services. Managed Services revenue consists primarily of Sponsored Social and Content services. Sponsored Social revenue, which totaled $5.2 million and $8.0 million for the three months ended June 30, 2026 and 2025, respectively, and $11.2 million and $14.7 million for the six months ended June 30, 2026 and 2025, respectively, is recognized over time. Content revenue, which totaled $0.5 million and $1.1 million for the three months ended June 30, 2026 and 2025, respectively, and $1.0 million and $2.2 million for the six months ended June 30, 2026 and 2025, respectively, is recognized at a point in time. SaaS Services Revenue, which is 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 June 30,Six Months Ended June 30,
2026202520262025
Revenue from North America$5,632,917 $7,413,992 $11,458,432 $15,042,336 
Revenue from Other1,363 102,055 2,589 204,247 
Revenue from APAC172,806 1,617,185 919,297 1,855,012 
Total$5,807,086 $9,133,232 $12,380,318 $17,101,595 
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:
June 30, 2026December 31, 2025December 31, 2024
Accounts receivable$4,326,003 $3,509,671 $7,835,041 
Unbilled contract assets— — 151,783 
Allowance for credit losses(111,192)(111,192)(205,000)
Contract liabilities(1)
(4,083,835)(4,729,767)(8,188,651)
Net contract assets (liabilities)$130,976 $(1,331,288)$(406,827)
(1) Contract liabilities represent consideration received from customers for which the related performance obligations have not yet been satisfied.
The Company does not typically enter into contracts with original terms exceeding one year. As a result, substantially all of the contract liabilities recorded at the end of the year are recognized as revenue in the following year. The contract liability balance as of December 31, 2025, was $4.7 million. Of that balance, $4.3 million was recognized as revenue during the
six months ended June 30, 2026. The contract liability balance as of June 30, 2026, was $4.1 million. The Company expects to recognize substantially all of this balance as revenue within the next twelve months.
Contract receivables are recognized when the Company’s right to 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. Contract liabilities increase as advance payments from customers are received and decrease as revenue is recognized upon satisfaction of the related performance obligations.
As a practical expedient, the Company expenses the costs of sales commissions and other incremental costs of obtaining customer contracts when the amortization period of such costs would have totaled one year or less.
Remaining Performance Obligations
As substantially all of the Company’s contracts have terms of one year or less, the remaining performance obligations at June 30, 2026 and December 31, 2025, are equal to the contract liabilities disclosed above. The Company expects to recognize substantially all of the remaining performance obligations as of June 30, 2026 as revenue within twelve months.