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Revenue from Contracts with Customers (Tables) | 6 Months Ended
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Jun. 30, 2022
Revenue from Contract with Customer [Abstract] |
Schedule of Revenues Disaggregated by Type of Services Performed | The table below presents the Company’s revenues disaggregated by type of services performed.
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Software revenue |  | $ | 24,202 |  |  | $ | 21,656 |  |  | $ | 48,113 |  |  | $ | 42,071 |
Payment revenue |  |  | 51,581 |  |  |  | 36,459 |  |  |  | 98,049 |  |  |  | 70,620 |
Services revenue |  |  | 778 |  |  |  | 639 |  |  |  | 1,602 |  |  |  | 1,277 |
Total revenues |  | $ | 76,561 |  |  | $ | 58,754 |  |  | $ | 147,764 |  |  | $ | 113,968 |
Information on Accounts Receivable and Contract Liabilities | The table below presents information on accounts receivable and contract liabilities.
|  | As of June 30, 2022 |  |  | As of December 31, 2021 |
Trade accounts receivable, net |  | $ | 12,975 |  |  | $ | 9,797 |
Payment processing receivable, net |  |  | 23,046 |  |  |  | 21,168 |
Accounts receivable, net |  | $ | 36,021 |  |  | $ | 30,965 |
Contract liabilities |  | $ | 29,267 |  |  | $ | 29,880 |
Significant Changes in Contract Liabilities Balance | Significant changes in the contract liabilities balance are as follows:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Revenue recognized included in beginning of period balance |  | $ | (2,678 | ) |  | $ | (1,734 | ) |  | $ | (5,303 | ) |  | $ | (4,128 | )
Cash received, excluding amounts recognized as revenue during the period |  |  | 2,590 |  |  |  | 1,949 |  |  |  | 4,690 |  |  |  | 4,792 |
Summary of Changes in Allowance for Doubtful Accounts | The tables below present a summary of changes in the Company’s allowance for doubtful accounts for the six months ended June 30, 2022 and 2021:
|  | Accounts Receivable |  |  | Supplier Advances |
|  | Allowance |  |  | Receivable Allowance |
Allowance for doubtful accounts, December 31, 2021 |  | $ | 2,284 |  |  | $ | 1,105 |
Amounts charged to contra revenue, cost of revenues and expenses |  |  | 63 |  |  |  | 1,250 |
Amounts written off as uncollectable |  |  | - |  |  |  | (1,595 | )
Recoveries of amounts previously written off |  |  | - |  |  |  | 597 |
Allowance for doubtful accounts, June 30, 2022 |  | $ | 2,347 |  |  | $ | 1,357 |
|  | Accounts Receivable |  |  | Supplier Advances |
|  | Allowance |  |  | Receivable Allowance |
Allowance for doubtful accounts, December 31, 2020 |  | $ | 1,769 |  |  | $ | 1,099 |
Amounts charged to contra revenue, cost of revenues and expenses |  |  | 207 |  |  |  | - |
Amounts written off as uncollectable |  |  | (181 | ) |  |  | (233 | )
Recoveries of amounts previously written off |  |  | - |  |  |  | 44 |
Allowance for doubtful accounts, June 30, 2021 |  | $ | 1,795 |  |  | $ | 910 |
Schedule of Remaining Performance Obligation | Remaining performance obligation consisted of the following:
|  | Current |  |  | Noncurrent |  |  | Total |
As of June 30, 2022 |  | $ | 14,380 |  |  | $ | 23,093 |  |  | $ | 37,473 |
As of December 31, 2021 |  |  | 13,339 |  |  |  | 23,475 |  |  |  | 36,814 |
Information about Deferred Contract Costs | The following tables present information about deferred contract costs:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Capitalized sales commissions and implementation costs |  | $ | 2,892 |  |  | $ | 3,542 |  |  | $ | 4,968 |  |  | $ | 6,400 |
Amortization of deferred contract costs |  |  |  |  |  |  |  |  |  |  |  |
Costs to obtain contracts included in sales and marketing expense |  | $ | (1,355 | ) |  | $ | (1,273 | ) |  | $ | (2,678 | ) |  | $ | (2,463 | )
Costs to fulfill contracts included in cost of revenue |  |  | (1,555 | ) |  |  | (1,346 | ) |  |  | (3,081 | ) |  |  | (2,648 | )

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