Accounts Receivable, Net
 6 Months Ended
Jun. 30, 2015
Accounts Receivable, Net [Abstract]  
Accounts Receivable, Net

3. Accounts Receivable, Net

 

Accounts receivable, net consisted of the following as of June 30, 2015 and December 31, 2014: 

 

  June 30,  December 31, 
  2015  2014 
  (Unaudited)    
Accounts receivable $323,379  $263,661 
Less: reserve for future chargebacks  (59,038)  (42,533)
Total accounts receivable, net $264,341  $221,128 

 

Credit card payments for subscriptions and micro-transactions typically settle several days after the date of purchase. The amount of unsettled transactions due from credit card payment processors was $129,941 as of June 30, 2015, as compared to $135,535 as of December 31, 2014. The amount of accounts receivable due from Apple Inc. was $117,446, or 51.3% of the Company’s accounts receivable, as of June 30, 2015, compared to $116,427, or 52.6% of the Company’s accounts receivable, as of December 31, 2014.