XML 36 R27.htm IDEA: XBRL DOCUMENT v3.23.1
REVENUE RECOGNITION (Tables)
 3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Liability for Customer Credits The following table summarizes the activity in the liability for customer credits for the three months ended March 31, 2023 (in thousands):
Customer Credits
Balance as of December 31, 2022$36,220 
Credits issued26,921 
Credits redeemed (1)
(25,856)
Breakage revenue recognized(2,995)
Foreign currency translation80 
Balance as of March 31, 2023$34,370 
(1)Customer credits can be redeemed through our online marketplaces for goods or services provided by a third-party merchant and service revenue is recognized on a net basis as the difference between the carrying amount of the customer credit liability derecognized and the amount due to the merchant for the related transaction. Customer credits are typically used within one year of issuance.
Schedule of Expected Credit Losses on Accounts Receivable
The following table summarizes the activity in the allowance for expected credit losses on accounts receivable for the three months ended March 31, 2023 (in thousands):
Allowance for Expected Credit Losses
Balance as of December 31, 2022$4,538 
Change in provision(639)
Write-offs(115)
Foreign currency translation34 
Balance as of March 31, 2023$3,818