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Summary of Significant Accounting Policies (Tables)

12 Months Ended

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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