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SUPPLEMENTAL CONSOLIDATED BALANCE SHEETS AND STATEMENTS OF OPERATIONS INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2024
Supplemental Consolidated Balance Sheet & Statement of Operations Information [Abstract]  
Schedule of Prepaid and Other Current Assets
The following table summarizes Prepaid expenses and other current assets as of December 31, 2024 and 2023 (in thousands):
December 31,
20242023
Prepaid expenses$11,319 $9,799 
Income taxes receivable2,686 5,349 
Deferred cloud implementation costs, net (1)
371 14,627 
Restricted cash (2)
33,726 26,075 
Other4,263 7,797 
Total prepaid expenses and other current assets$52,365 $63,647 
(1)
The decrease in Deferred cloud implementation costs, net relates to amortization.

(2)
Primarily consists of cash collateral related to our letters of credit and other cash collateral. See Note 7,Financing Arrangements, for additional information.
Schedule of Other Assets, Noncurrent
The following table summarizes Other non-current assets as of December 31, 2024 and 2023 (in thousands):
December 31,
20242023
Deferred contract acquisition costs$3,211 $2,940 
Security deposits
2,983 2,150 
Other2,950 1,005 
Total other non-current assets$9,144 $6,095 
Schedule of Accrued Expenses and Other Current Liabilities
The following table summarizes Accrued expenses and other current liabilities as of December 31, 2024 and 2023 (in thousands):
December 31,
20242023
Customer credits
$22,349 $26,595 
Accrued marketing
15,118 8,771 
Compensation and benefits
11,436 10,717 
Foreign VAT assessments (1)
8,355 — 
Accrued consulting and professional fees
4,429 4,295 
Refunds reserve
4,328 4,445 
Deferred revenue
4,130 2,736 
Current portion of lease obligations
3,317 7,121 
Income taxes payable
2,691 1,072 
Other
21,612 36,187 
Total accrued expenses and other current liabilities$97,765 $101,939 
(1) See Note 9, Commitments and Contingencies, for additional information
Schedule of Other Non-current Liabilities
The following table summarizes Other non-current liabilities as of December 31, 2024 and 2023 (in thousands):
December 31,
20242023
Contingent income tax liabilities$13,358 $9,373 
Deferred income taxes1,918 2,525 
Other1,320 1,364 
Total other non-current liabilities$16,596 $13,262 
Schedule of Other Income (Expense)
The following table summarizes Other income (expense), net for the years ended December 31, 2024, 2023 and 2022 (in thousands):
Year Ended December 31,
202420232022
Interest income$5,149 $10,264 $9,533 
Interest expense(8,531)(15,718)(14,380)
Loss from changes in fair value of investment (1)
— (25,847)— 
Loss on extinguishment of debt (2)
(1,631)— — 
Foreign currency gains (losses), net and other (3)
(34,172)6,127 (19,308)
Other income (expense), net$(39,185)$(25,174)$(24,155)
(1)Loss from changes in fair value of investment for the December 31, 2023 is due to a remeasurement of our investment in SumUp. See Note 5, Investments, for additional information.
(2)Loss on extinguishment of debt for the year ended December 31, 2024 refers to the 2026 Notes and 2027 Notes exchange transaction. See Note 7, Financing Arrangements, for additional information.

(3)Foreign currency gains (losses), net and other for the year ended December 31, 2024 is primarily due to unfavorable foreign currency fluctuations on intercompany balances with our subsidiaries.