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Other Financial Statement Information
6 Months Ended
Jun. 30, 2026
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 June 30,Six Months Ended June 30,
2026202520262025
Beginning balance$3,701 $2,624 $2,281 $2,121 
Add: allowance recognized as a reduction of revenue
416 16 1,862 1,251 
Add: allowance for credit losses recognized in general and administrative expense
94 154 1,150 195 
Less: write-offs, net of recoveries(911)(514)(1,993)(1,287)
Ending balance$3,300 $2,280 $3,300 $2,280 
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 receivables from partners that are considered uncertain or no longer collectible.
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following (in thousands):
June 30, 2026December 31, 2025
Prepaid expenses$10,741 $10,165 
Deferred cost of revenue2,924 2,415 
Capitalized cloud computing development costs1,032 1,449 
Income tax receivable9,424 3,251 
Other current assets1,066 954 
Total prepaid expenses and other current assets$25,187 $18,234 
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following (in thousands):
June 30, 2026December 31, 2025
Accrued payroll and related expenses$23,130 $32,785 
Accrued vendor payables17,456 17,444 
Accrued advertising2,616 2,551 
Sales allowances3,313 3,126 
Accrued sales, use and business taxes6,710 10,409 
Deferred consideration relating to business acquired— 12,627 
Other2,830 4,419 
Total accrued expenses and other current liabilities$56,055 $83,361 
Deferred revenue
Deferred revenue as of June 30, 2026 and December 31, 2025 was $221.4 million and $203.9 million, respectively. Revenue recognized in the three months ended June 30, 2026 and 2025 that was included in deferred revenue as of March 31, 2026 and 2025 was $109.0 million and $99.3 million, respectively. Revenue recognized in the six months ended June 30, 2026 and 2025 that was included in deferred revenue as of December 31, 2025 and 2024 was $160.4 million and $136.5 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.
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 June 30,Six Months Ended June 30,
2026202520262025
Cost of revenue$4,353 $5,313 $8,677 $10,428 
Sales and marketing3,246 2,454 6,429 4,169 
Technology and development2,142 2,158 4,234 4,378 
General and administrative1,533 1,414 3,071 2,770 
Total depreciation and amortization expense$11,274 $11,339 $22,411 $21,745