EFTA Document EFTA01378084

Revenue recognition Substantially all of the Company's Dating revenue is derived directly from users in the form of recurring membership fees. Membership revenue is presented net of credits and credit card chargebacks. Revenue recognition occurs ratably over the terms of the applicable membership, which primarily range from one to six months, beginning when there is persuasive evidence of an arrangement. delivery has occurred (access has been granted). the fees are fixed or determinable, and