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Other Financial Statement Information | 9 Months Ended
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Sep. 30, 2024
Other Financial Information [Abstract] |
Other Financial Statement Information | Other Financial Statement Information Accounts Receivable Changes in the allowances consisted of the following (in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30, |
|  | 2024 |  | 2023 |  | 2024 |  | 2023 |
Beginning balance |  | $ | 3,776 |  |  | $ | 5,734 |  |  | $ | 4,906 |  |  | $ | 4,730 |  |
Add: amounts recognized as a reduction of revenue |  | 2,010 |  |  | 1,271 |  |  | 5,298 |  |  | 7,349 |  |
Add: allowance for credit losses recognized in general and administrative expense |  | 23 |  |  | 493 |  |  | 5 |  |  | 981 |  |
Less: write-offs, net of recoveries |  | (2,794) |  |  | (1,795) |  |  | (7,194) |  |  | (7,357) |  |
Ending balance |  | $ | 3,015 |  |  | $ | 5,703 |  |  | $ | 3,015 |  |  | $ | 5,703 |  |
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 partners that are no longer considered collectible. Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets consisted of the following (in thousands):
|  | September 30, 2024 |  | December 31, 2023
Prepaid expenses |  | $ | 8,683 |  |  | $ | 10,423 |
Deferred cost of revenue |  | 2,827 |  |  | 1,678 |
Capitalized cloud computing development costs |  | 1,467 |  |  | 1,085 |
Income tax receivable |  | 5,815 |  |  | 35 |
Other current assets |  | 1,699 |  |  | 1,938 |
Total prepaid expenses and other current assets |  | $ | 20,491 |  |  | $ | 15,159 |
Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consisted of the following (in thousands):
|  | September 30, 2024 |  | December 31, 2023
Accrued payroll and related expenses |  | $ | 26,343 |  |  | $ | 33,635 |
Accrued vendor payables |  | 15,561 |  |  | 11,223 |
Sales allowances |  | 2,890 |  |  | 3,412 |
Accrued sales, use and business taxes |  | 6,103 |  |  | 9,795 |
Other |  | 6,130 |  |  | 3,613 |
Total accrued expenses and other current liabilities |  | $ | 57,027 |  |  | $ | 61,678 |
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):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2024 |  | 2023 |  | 2024 |  | 2023
Cost of revenue |  | $ | 4,828 |  |  | $ | 3,307 |  |  | $ | 13,913 |  |  | $ | 8,940 |
Sales and marketing |  | 960 |  |  | 1,400 |  |  | 2,648 |  |  | 4,011 |
Technology and development |  | 2,150 |  |  | 1,168 |  |  | 5,468 |  |  | 2,867 |
General and administrative |  | 1,257 |  |  | 780 |  |  | 3,262 |  |  | 2,243 |
Total depreciation and amortization expense |  | $ | 9,195 |  |  | $ | 6,655 |  |  | $ | 25,291 |  |  | $ | 18,061 |
Deferred revenue Deferred revenue as of September 30, 2024 and December 31, 2023 was $186.2 million and $168.4 million, respectively. Revenue recognized in the three months ended September 30, 2024 and 2023 that was included in deferred revenue as of June 30, 2024 and 2023 was $90.4 million and $86.5 million, respectively. Revenue recognized in the nine months ended September 30, 2024 and 2023 that was included in deferred revenue as of December 31, 2023 and 2022 was $159.1 million and $154.6 million, respectively. We have omitted disclosure on the transaction price allocated to remaining performance obligations and the 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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