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Other Financial Statement Information | 12 Months Ended
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Dec. 31, 2023
Other Financial Information [Abstract] |
Other Financial Statement Information | Other Financial Statement Information Accounts Receivable Changes in the allowances consisted of the following (in thousands):
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Beginning balance | $ | 4,730 |  |  | $ | 4,060 |  |  | $ | 5,256 |
Add: amounts recognized as a reduction of revenue | 8,220 |  |  | 8,193 |  |  | 6,610 |
Add (less): allowance for credit losses recognized in general and administrative expense | 1,144 |  |  | 446 |  |  | (279) |
Less: write-offs, net of recoveries | (9,188) |  |  | (7,969) |  |  | (7,527) |
Ending balance | $ | 4,906 |  |  | $ | 4,730 |  |  | $ | 4,060 |
The allowance recognized as a reduction of revenue primarily relates to our installment plan receivables for which we expect we will not be entitled to a portion of the transaction price based on our historical experience with similar transactions. The allowance recognized against general and administrative expense represents an allowance relating to receivables from third-party providers that are no longer considered collectible. Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets consisted of the following (in thousands):
| As of December 31,
| 2023 |  | 2022
Prepaid expenses | $ | 10,423 |  |  | $ | 10,624 |
Deferred cost of revenue | 1,678 |  |  | 1,915 |
Capitalized cloud computing development costs | 1,085 |  |  | 1,407 |
Income tax receivable | 35 |  |  | 760 |
Other current assets | 1,938 |  |  | 1,993 |
Total prepaid expenses and other current assets | $ | 15,159 |  |  | $ | 16,699 |
Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consisted of the following (in thousands):
| As December 31,
| 2023 |  | 2022
Accrued payroll and related expenses | $ | 33,635 |  |  | $ | 27,822 |
Accrued vendor payables | 11,223 |  |  | 15,531 |
Accrued advertising | — |  |  | 1,071 |
Sales allowances | 3,412 |  |  | 4,426 |
Accrued sales, use and business taxes | 9,795 |  |  | 3,838 |
Other | 3,613 |  |  | 4,685 |
Total accrued expenses and other current liabilities | $ | 61,678 |  |  | $ | 57,373 |
Changes in sales allowances relating to charge-backs, sales credits and refunds consisted of the following (in thousands):
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Beginning balance | $ | 4,426 |  |  | $ | 4,862 |  |  | $ | 4,856 |
Add: increase in sales allowances | 6,635 |  |  | 7,217 |  |  | 7,998 |
Less: utilization of reserves | (7,649) |  |  | (7,653) |  |  | (7,992) |
Ending balance | $ | 3,412 |  |  | $ | 4,426 |  |  | $ | 4,862 |
Depreciation and Amortization Depreciation and amortization expense of our property and equipment, including capitalized internal-use software, and intangible assets consisted of the following (in thousands):
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Cost of revenue | $ | 12,772 |  |  | $ | 8,581 |  |  | $ | 6,430 |
Sales and marketing | 5,286 |  |  | 7,014 |  |  | 6,017 |
Technology and development | 4,184 |  |  | 2,834 |  |  | 2,361 |
General and administrative | 3,141 |  |  | 3,316 |  |  | 1,878 |
Total depreciation and amortization expense | $ | 25,383 |  |  | $ | 21,745 |  |  | $ | 16,686 |
Deferred Revenue Deferred revenue as of December 31, 2023 and 2022 was $168.4 million and $165.1 million, respectively. Revenue recognized in 2023, 2022 and 2021 that was included in deferred revenue at the beginning of the year was $163.4 million, $146.6 million and $127.6 million, respectively. We expect to recognize substantially all of the deferred revenue as of December 31, 2023 as revenue in 2024. We have omitted disclosure on the transaction price allocated to remaining performance obligations and estimated timing of revenue recognition as our contracts with customers that have a duration of more than one year are immaterial.

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