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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2023
Accounting Policies [Abstract] |
Schedule of Immaterial Prior Period Error Corrections | The following tables summarize the effects of the corrections on the Company’s consolidated financial statements for the years ended December 31, 2022 and 2021:
| Year Ended December 31, 2022
| As Previously Reported |  | Adjustment |  | As Revised
| (in thousands)
Deferred contract acquisition costs | $ | 16,364 |  |  | $ | (1,981) |  |  | $ | 14,383 |
Accumulated deficit | (350,553) |  |  | (1,981) |  |  | (352,534) |
Sales and marketing expenses | 87,722 |  |  | 716 |  |  | 88,438 |
Operating profit (loss) | (108,632) |  |  | (716) |  |  | (109,348) |
Profit (loss) before income taxes | (97,947) |  |  | (716) |  |  | (98,663) |
Net profit (loss) | (103,989) |  |  | (716) |  |  | (104,705) |
Net profit (loss) per share attributable to Class A and B ordinary shareholders, basic and diluted | $ | 0.62 |  |  | $ | — |  |  | $ | 0.62 |
| Year Ended December 31, 2021
| As Previously Reported |  | Adjustment |  | As Revised
| (in thousands)
Deferred contract acquisition costs | $ | 11,630 |  |  | $ | (1,265) |  |  | $ | 10,365 |
Accumulated deficit | (246,564) |  |  | (1,265) |  |  | (247,829) |
Sales and marketing expenses | 70,165 |  |  | 545 |  |  | 70,710 |
Operating profit (loss) | (55,398) |  |  | (545) |  |  | (55,943) |
Profit (loss) before income taxes | (177,327) |  |  | (545) |  |  | (177,872) |
Net profit (loss) | (178,885) |  |  | (545) |  |  | (179,430) |
Net profit (loss) per share attributable to Class A and B ordinary shareholders, basic and diluted | $ | (2.34) |  |  | $ | (0.01) |  |  | $ | (2.35) |
Schedules of Concentration of Risk, by Risk Factor | The following table summarize our merchants that represented 10% or more of Accounts receivable and Revenue:
| Accounts Receivable |  | Revenue
| As of December 31, |  | Year Ended December 31,
| 2023 |  | 2022 |  | 2023 |  | 2022 |  | 2021
Customer A | 17 | % |  | 22 | % |  | 11 | % |  | 13 | % |  | 16 | %
Customer B | 11 | % |  | * |  | * |  | * |  | *
________________ *Represents less than 10%
Rollforward of Allowance for Credit Losses | The following table represents a roll-forward of the allowance for credit losses:
| Year Ended December 31,
| 2023
| (in thousands)
Beginning balance | $ | 487 |
Current period provision | 198 |
Uncollectible accounts charged against the allowance | (170) |
Recoveries of amounts previously deemed uncollectible | — |
Ending balance | $ | 515 |
Property, Plant and Equipment | The estimated useful lives of our property and equipment are as follows:
Computer equipment | 3 years
Furniture and office equipment | 7 years
Leasehold improvements | Shorter of remaining lease term or estimated useful life
Property and Equipment, Net Property and equipment, net consisted of the following:
| As of December 31,
| 2023 |  | 2022
| (in thousands)
Computer equipment | $ | 6,592 |  |  | $ | 6,912 |
Furniture and office equipment | 2,593 |  |  | 2,531 |
Leasehold improvements | 16,702 |  |  | 16,576 |
Property and equipment, gross | 25,887 |  |  | 26,019 |
Less: accumulated depreciation and amortization | (10,248) |  |  | (7,433) |
Property and equipment, net | $ | 15,639 |  |  | $ | 18,586 |

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