Revenue (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Revenue from Contract with Customer [Abstract] |
|
| Summary of Revenue by Region |
The
following table summarizes revenue by region based on the billing address of customers for the years ended December 31, 2025 and 2024:
Summary of Revenue by Region
| | |
Year
Ended December 31, | |
| | |
2025 | | |
2024 | |
| | |
Amount | | |
Percentage
of Revenue | | |
Amount | | |
Percentage
of Revenue | |
| Americas | |
$ | 9,193,173 | | |
| 76 | % | |
$ | 2,564,074 | | |
| 57 | % |
| Europe, Middle East and
Africa (EMEA) | |
| 1,066,254 | | |
| 9 | % | |
| 1,492,561 | | |
| 33 | % |
| Asia
Pacific | |
| 1,901,992 | | |
| 15 | % | |
| 471,244 | | |
| 10 | % |
| Total | |
$ | 12,161,419 | | |
| 100 | % | |
$ | 4,527,879 | | |
| 100 | % |
|
| Summary of Accounts Receivable, Net |
The
following table summarizes accounts receivable, net as of the dates presented:
Summary of Accounts Receivable, Net
| Balance – January 1, 2024 | |
$ | 105,049 | |
| Balance – December 31, 2024 | |
| 936,321 | |
| Balance – December 31, 2025 | |
| 709,203 | |
|
| Summary of Activity Related to Costs to Obtain Contract |
Commission
expenses were $466,951 and $193,995 for the years ended December 31, 2025 and 2024, respectively. The following summarizes the activity
related to costs to obtain a contract during the years ended December 31, 2025 and 2024:
Summary
of Activity Related to Costs to Obtain Contract
| Balance – December 31, 2023 | |
$ | 51,472 | |
| Commissions incurred | |
| 180,141 | |
| Deferred
commissions recognized | |
| (200,109 | ) |
| Balance – December 31, 2024 | |
| 31,504 | |
| Commissions incurred | |
| 286,311 | |
| Deferred
commissions recognized | |
| (221,609 | ) |
| Balance – December 31, 2025 | |
$ | 96,206 | |
|
| Summary of Changes in Total Deferred Revenue |
The
change in total deferred revenue was as follows for the periods indicated:
Summary of Changes in Total Deferred Revenue
| | |
| | | |
| | |
| | |
Year
Ended December 31, | |
| | |
2025 | | |
2024 | |
| Total deferred revenue, beginning
of period | |
$ | 4,052,270 | | |
$ | 1,214,096 | |
| Billings | |
| 9,487,029 | | |
| 4,362,730 | |
| Revenue recognized (prior
year deferred revenue) | |
| (3,867,853 | ) | |
| (1,214,096 | ) |
| Revenue recognized (current
year deferred revenue) | |
| (6,383,159 | ) | |
| (3,091,333 | ) |
| Acquired deferred revenue
of OpenReel (see Note 4 – Acquisitions) | |
| — | | |
| 2,780,873 | |
| Acquired
deferred revenue of Vidello (see Note 4 – Acquisitions) | |
| 447,966 | | |
| — | |
| Total deferred revenue,
end of period | |
$ | 3,736,253 | | |
$ | 4,052,270 | |
|