XML 39 R30.htm IDEA: XBRL DOCUMENT v3.23.3
REVENUE RECOGNITION (Tables)
9 Months Ended
Sep. 30, 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 nine months ended September 30, 2023 (in thousands):
Customer Credits
Balance as of December 31, 2022$36,220 
Credits issued62,685 
Credits redeemed (1)
(65,944)
Breakage revenue recognized(7,680)
Foreign currency translation(35)
Balance as of September 30, 2023$25,246 
(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 Activity in Allowance for Expected Credit Losses on Accounts Receivable
The following table summarizes the activity in the allowance for expected credit losses on accounts receivable for the nine months ended September 30, 2023 (in thousands):
Allowance for Expected Credit Losses
Balance as of December 31, 2022$4,538 
Change in provision(853)
Write-offs(631)
Foreign currency translation15 
Balance as of September 30, 2023$3,069