XML 25 R9.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Revenue
 3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Disaggregation of Revenue
The following table provides information about disaggregated revenue from customers:
Three Months Ended March 31,
20242023
Platform services revenue, net$113,935 $210,333 
Other services revenue4,033 7,010 
Total net revenue$117,968 $217,343 
Contract Balances
The following table provides information about contract assets and deferred revenue:
Contract balanceBalance sheet line referenceMarch 31,
2024		December 31,
2023
Contract assets - currentPrepaid expenses and other current assets$1,239 $1,461 
Contract assets - non-currentOther assets9,113 9,397 
Total contract assets$10,352 $10,858 
Deferred revenue - currentAccrued expenses and other current liabilities$11,570 $11,829 
Deferred revenue - non-currentOther liabilities3,661 4,071 
Total deferred revenue$15,231 $15,900 
Net revenue recognized during the three months ended March 31, 2024 and 2023 that was included in the deferred revenue balances at the beginning of the respective periods was $2.6 million and $4.6 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 March 31, 2024, the aggregate amount of the transaction price allocated to our remaining performance obligations was $58.3 million. The Company expects to recognize approximately 61% within two years and the remaining 39% over the next three to five years.