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Revenue
12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Disaggregation of Revenue
The following table provides information about disaggregated revenue from customers:
Year Ended December 31,
202220212020
Platform services revenue, net$725,629 $502,296 $283,305 
Other services revenue22,577 14,879 6,987 
Total net revenue$748,206 $517,175 $290,292 
Contract Balances
The following table provides information about contract assets and deferred revenue:
Contract balanceBalance sheet line referenceDecember 31,
2022
December 31,
2021
Contract assets - currentPrepaid expenses and other current assets$621 $950 
Contract assets - non-currentOther assets1,323 927 
Total contract assets$1,944 $1,877 
Deferred revenue - currentAccrued expenses and other current liabilities$17,048 $19,060 
Deferred revenue - non-currentOther liabilities4,202 6,107 
Total deferred revenue$21,250 $25,167 
Contract assets relate to the Company’s conditional right to consideration for the Company’s completed performance under the contract. Deferred revenue relates to payments received in advance of performance under the contract.
Net revenue recognized during the years ended December 31, 2022 and 2021 that was included in the deferred revenue balances at the beginning of the respective periods was $13.8 million and $4.1 million, respectively.
Remaining Performance Obligations
The Company has performance obligations associated with commitments in customer contracts for future stand-ready obligations to process transactions throughout the contractual term.
As of December 31, 2021, $4.2 million of the deferred revenue balance represent a material right for discounted revenue share rates provided to a customer as part of a contractual renewal option. As of December 31, 2022, the Company did not have a material right included in its deferred revenue balance.