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Revenues
3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Disaggregation of Revenues
The following table presents a disaggregation of our consolidated revenues by type:
Three Months Ended March 31,
(in thousands)20242023
Revenue Type:
Merchant card fees$157,947 $149,644 
Money transmission services29,144 21,406 
Outsourced services and other services15,665 11,005 
Equipment2,963 2,973 
Total revenues(1),(2)
$205,719 $185,028 
(1)Includes contracts with an original duration of one year or less and variable consideration under a stand-ready series of distinct days of service. The aggregate fixed consideration portion of customer contracts with an initial contract duration greater than one year is not material.
(2)Approximately $11.9 million and $5.0 million of interest income for the three months ended March 31, 2024 and 2023, respectively, is included in outsourced services and other services revenue in the table above. Approximately $0.6 million and $0.2 million of interest income for the three months ended March 31, 2024, and 2023, respectively, is included in other income, net on the Company's Unaudited Consolidated Statements of Operations and Comprehensive Loss and not reflected in the table above.
The following table presents a disaggregation of our consolidated revenues by segment:
Three months ended March 31, 2024
(in thousands)Merchant Card FeesMoney Transmission ServicesOutsourced and Other ServicesEquipmentTotal
Segment
SMB Payments$139,488 $— $1,300 $2,963 $143,751 
B2B Payments18,289 — 2,826 — 21,115 
Enterprise Payments170 29,144 11,539 — 40,853 
Total revenues$157,947 $29,144 $15,665 $2,963 $205,719 
Three Months Ended March 31, 2023
(in thousands)Merchant Card FeesMoney Transmission ServicesOutsourced and Other ServicesEquipmentTotal
Segment
SMB Payments$148,688 $— $3,272 $2,973 $154,933 
B2B Payments927 — 1,859 — 2,786 
Enterprise Payments29 21,406 5,874 — 27,309 
Total revenues$149,644 $21,406 $11,005 $2,973 $185,028 
Deferred revenues were not material for the three months ended March 31, 2024 and 2023.
Contract Assets and Contract Liabilities
Material contract assets and liabilities are presented net at the individual contract level in the Unaudited Consolidated Balance Sheets and are classified as current or noncurrent based on the nature of the underlying contractual rights and obligations.
Contract liabilities were $0.6 million and $0.6 million as of March 31, 2024 and December 31, 2023, respectively. Substantially all of these balances are recognized as revenue within 12 months.
Net contract assets were not material for any period presented.
Impairment losses recognized on receivables or contract assets arising from the Company's contracts with customers were not material for the three months ended March 31, 2024 and 2023.