There are three different types of licenses available from the SpringboardVR Marketplace; PPM, Monthly, and Yearly. The billing cycle can vary with a monthly or yearly license depending on when the license is purchased.
Pay Per Minute (PPM) Licenses:
These licenses are paid for on the 1st of each month. They cover the tracked minutes for the previous month's usage. For example, on September 1st you are invoiced for the full amount owed for your PPM license minutes tracked during the previous month of August.
When purchasing a new title you are immediately billed a prorated amount for the license from the date purchased until the 1st of the next month. At the start of the next billing cycle the monthly licenses will be renewed and you will pay the full monthly license cost.
When you purchase a yearly license you pay the full price upon purchase. There are no prorated amounts owed. Yearly licenses will be renewed one year from the purchase date, but you can cancel at any time.