Revenue |
Note
6 – Revenue
The
following table sets forth revenue by geographic area:
Summary of Revenue by Geographic Area
| |
Three Months Ended September 30, | | |
Nine Months Ended September 30, | |
| |
2022 | | |
2021 | | |
2022 | | |
2021 | |
United States | |
$ | 4,699,444 | | |
$ | 16,907,574 | | |
$ | 23,425,186 | | |
$ | 34,701,035 | |
Rest of World | |
| 395,012 | | |
| 13,193,779 | | |
| 9,391,540 | | |
| 42,783,227 | |
Total | |
$ | 5,094,456 | | |
$ | 30,101,353 | | |
$ | 32,816,726 | | |
$ | 77,484,262 | |
Percentage of revenue by area: | |
| | | |
| | | |
| | | |
| | |
United States | |
| 92 | % | |
| 56 | % | |
| 71 | % | |
| 45 | % |
Rest of World | |
| 8 | % | |
| 44 | % | |
| 29 | % | |
| 55 | % |
Deferred
Revenue
Changes
in the Company’s deferred revenue balance for the nine months ended September 30, 2022 were as follows:
Schedule of Deferred Revenue
Balance as of December 31, 2021 | |
$ | 150,000 | |
Revenue recognized included in deferred revenue balance at the beginning of the period | |
| (150,000 | ) |
Balance as of September 30, 2022 | |
$ | - | |
|