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Revenue Recognition
 12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
The following table summarizes the Company’s net revenue by type of service for the periods presented:
Year Ended December 31,
(in thousands)202420232022
Seller marketplace services$87,195$83,925$94,333
Other services1,0627592,516
Total net revenue$88,257$84,684$96,849
The Company generates net revenue from seller marketplace services and other services. Seller marketplace services primarily consist of marketplace transaction, subscription, and listing fees. Other services consist of other charges to the Company’s sellers including advertising revenues generated from displaying ads on the Company’s online marketplace. Net revenue by geographic region is determined based on the region the buyer is located in. For the years ended December 31, 2024, 2023, and 2022, approximately 82%, 83% and 84% of on-platform marketplace transaction net revenue is derived from the United States, respectively, and no individual country’s net revenue exceeded 10% of total net revenue.
Contract Balances from Contracts with Customers
The following table provides a rollforward of the deferred revenue amounts as follows:
(in thousands)Amount
Balance as of December 31, 2022
$183 
Billings40 
Revenue recognized(160)
Balance as of December 31, 2023
$63 
Billings197 
Net revenue recognized(234)
Balance as of December 31, 2024
$26 
The amount of revenue recognized during the year ended December 31, 2024 that was included in the deferred revenue balance at January 1, 2024 was $0.1 million. As of December 31, 2024, the Company recorded $0.3 million of costs to obtain revenue contracts, of which $0.2 million was included in other current assets, and $0.1 million was included in other assets. As of December 31, 2023, the Company recorded $0.5 million of costs to obtain revenue contracts, of which $0.3 million was included in other current assets, and $0.2 million was included in other assets. Amortization of costs to obtain revenue contracts totaled $0.3 million for each of the years ended December 31, 2024, 2023, and 2022, and are included in sales and marketing in the Company’s consolidated statements of operations.