Annual report pursuant to Section 13 and 15(d)

Commitments

v3.20.4
Commitments
12 Months Ended
Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]  
Commitments CommitmentsIn March 2020, we entered into an agreement to allow a third party to license and use ValidClick technology. The agreement required a nonrefundable fee of $500,000 in March with subsequent fees as earned in later quarters. The $500,000 fee was recorded as deferred revenue in March 2020. We are committed to paying a monthly development royalty and marketing services fee when certain adjusted gross profit targets are achieved. For the year ended December 31, 2020, approximately $79,000 has been recognized as other income and approximately $420,000 as deferred revenue.