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Revenue from Contracts with Customers
12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer Revenue from Contracts with Customers
Disaggregated revenue
The following table presents the Company’s revenues disaggregated into categories based on the nature of such revenues (in thousands):
Years Ended December 31,
202220212020
Subscription$905,886 $564,441 $184,328 
Advertising101,739 73,749 24,904 
Software licenses, net— — 7,295 
Other1,071 180 1,219 
Total revenues$1,008,696 $638,370 $217,746 
The following tables summarize subscription revenue and advertising revenue by region for the year ended December 31, 2022, 2021 and 2020 (in thousands):
Subscription
Years Ended December 31,
202220212020
United States and Canada (North America)$882,679 $562,991 $184,137 
Rest of world23,207 1,450 191 
Total subscription revenues$905,886 $564,441 $184,328 
Advertising
Years Ended December 31,
202220212020
United States and Canada (North America)$100,605 $73,538 $24,904 
Rest of world1,134 211 — 
Total advertising revenues$101,739 $73,749 $24,904 
Contract balances
There were no losses recognized related to any receivables arising from the Company’s contracts with customers for the year ended December 31, 2022, 2021 and 2020.
For the year ended December 31, 2022, 2021, and 2020, the Company did not recognize material bad-debt expense and there were no material contract assets recorded on the accompanying consolidated balance sheet as of December 31, 2022 and 2021.
The contract liabilities primarily relate to upfront payments and consideration received from customers for subscription services. As of December 31, 2022 and 2021, the Company’s contract liabilities totaled $65.4 million and $44.3 million, respectively, and are recorded as deferred revenue on the accompanying consolidated balance sheets.
Transaction price allocated to remaining performance obligations
The Company does not disclose the transaction price allocated to remaining performance obligations since subscription and advertising contracts have an original expected term of one year or less.