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CONTRACT BALANCES
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
CONTRACT BALANCES CONTRACT BALANCES
The changes in the allowance for credit losses during the nine months ended September 30, 2025 and 2024 were as follows (in thousands):
Nine Months Ended
September 30,
20252024
Balance, beginning of period$15,301 $13,768 
Add: provision for credit losses
34,155 35,111 
Less: write-offs, net of recoveries(34,459)(32,506)
Balance, end of period$14,997 $16,373 
In calculating the allowance for credit losses as of September 30, 2025 and 2024, the Company considered expectations of probable credit losses based on observed trends in cancellations, observed changes in the credit risk of specific customers, the impact of anticipated closures and bankruptcies using forecasted economic indicators in addition to historical experience and loss patterns during periods of macroeconomic uncertainty. The decrease in the provision for credit losses in the nine months ended September 30, 2025 as compared to the prior-year period was primarily due to lower customer delinquencies, partially offset by the increase in net revenue. The increase in write-offs, net of recoveries in the nine months ended September 30, 2025 as compared to the prior-year period was a result of the ordinary course of business, reflecting the increase in net revenue.
Contract liabilities consist of deferred revenue, which is recorded on the condensed consolidated balance sheets when the Company has received consideration, or has the right to receive consideration, in advance of transferring the performance obligations under the contract to the customer.
The changes in short-term deferred revenue during the nine months ended September 30, 2025 were as follows (in thousands):
Nine Months Ended
September 30, 2025
Balance, beginning of period$2,973 
      Less: recognition of deferred revenue from beginning balance(2,698)
      Add: net increase in current period contract liabilities6,845 
Balance, end of period$7,120 
The majority of the Company’s deferred revenue balance as of September 30, 2025 is classified as short-term and is expected to be recognized as revenue in the subsequent three-month period ending December 31, 2025. An immaterial amount of long-term deferred revenue is included in other long-term liabilities as of September 30, 2025. No other contract assets or liabilities were recorded on the Company’s condensed consolidated balance sheets as of September 30, 2025 and December 31, 2024.