Quarterly report pursuant to Section 13 or 15(d)

Revenue

v3.21.1
Revenue
 3 Months Ended
Mar. 31, 2021
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Disaggregation of Revenue
The following table sets forth our net revenues by category:

Three Months Ended March 31,
2021 2020
Net Revenues
Platform subscriptions and services $ 1,521  $ 2,391 
Application transaction 125  249 
Net revenues $ 1,646  $ 2,640 
We generate revenue in domestic and foreign regions and attribute net revenue to individual countries based on the location of the contracting entity. We derived 99% and 90% of our net revenues from within the United States for the three months ended March 31, 2021 and 2020, respectively.

The following table sets forth our concentration of revenue sources as a percentage of total net revenues.

Three Months Ended March 31,
2021 2020
Customer A 13  % —  %
Customer B 15  % —  %
Customer F 1  % 31  %
Customer G 17  % 11  %
Customer H 10  % 9  %

Deferred Revenue
Our deferred revenue balance consisted of the following:
March 31,
2021		 December 31,
2020
Current deferred revenue
Platform subscriptions and services revenue $ 2,100  $ 2,317 
Application transaction revenue 80  80 
Total current deferred revenue $ 2,180  $ 2,397 
Non-current deferred revenue
Platform subscriptions and services revenue $ 2,054  $ 2,678 
Total non-current deferred revenue $ 2,054  $ 2,678 
Total deferred revenue $ 4,234  $ 5,075 

Deferred revenue consists of customer billings or payments received in advance of the recognition of revenue under the arrangements with customers. We recognize deferred revenue as revenue only when revenue recognition criteria are met. During the three months ended March 31, 2021, we recognized revenue of $1,279 that was included in its deferred revenue balance as of December 31, 2020.
Remaining Performance Obligations
Remaining performance obligations were $7,768 as of March 31, 2021, of which we expect to recognize 42% as revenue over the next 12 months and the remainder thereafter.