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Other Financial Statement Information
 9 Months Ended
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,
2024202320242023
Beginning balance$3,776 $5,734 $4,906 $4,730 
Add: amounts recognized as a reduction of revenue2,010 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, 2024December 31, 2023
Prepaid expenses$8,683 $10,423 
Deferred cost of revenue2,827 1,678 
Capitalized cloud computing development costs1,467 1,085 
Income tax receivable5,815 35 
Other current assets1,699 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, 2024December 31, 2023
Accrued payroll and related expenses$26,343 $33,635 
Accrued vendor payables15,561 11,223 
Sales allowances2,890 3,412 
Accrued sales, use and business taxes6,103 9,795 
Other6,130 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,
2024202320242023
Cost of revenue$4,828 $3,307 $13,913 $8,940 
Sales and marketing960 1,400 2,648 4,011 
Technology and development2,150 1,168 5,468 2,867 
General and administrative1,257 780 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.