Bird said it had recorded revenue on certain trips even when customers lacked sufficient “preloaded ‘wallet’ balances.” The company said it should have

Bird said it had recorded revenue on certain trips even when customers lacked sufficient “preloaded ‘wallet’ balances.” The company said it should have reported the unpaid balances on its financial statements as deferred revenue." This doesn't make sense. Deferred revenue is money you've received, that's not yet due. But the paragraph describes the opposite: money you've not yet received, that is already due. Unpaid balances are just accounts receivable and, unless you don't expect to be paid, you should count them in your revenue.