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Revenue from Contracts with Customers
6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
Disaggregated revenue
The following tables summarize subscription revenue and advertising revenue by region for the three and six months ended June 30, 2024 and 2023 (in thousands):
Subscription
Three Months Ended
June 30,
Six Months Ended
June 30,
2024202320242023
United States and Canada (North America)$354,887 $281,088 $720,457 $574,346 
Rest of world8,049 7,906 16,193 15,523 
Total subscription revenues$362,936 $288,994 $736,650 $589,869 
Advertising
Three Months Ended
June 30,
Six Months Ended
June 30,
2024202320242023
United States and Canada (North America)$26,028 $22,820 $53,253 $45,335 
Rest of world257 250 501 456 
Total advertising revenues$26,285 $23,070 $53,754 $45,791 
Contract balances
For the three and six months ended June 30, 2024 and 2023, the Company did not recognize material bad-debt expense and there were no material contract assets recorded on the accompanying condensed consolidated balance sheets as of June 30, 2024 and December 31, 2023.
The Company’s contract liabilities primarily relate to upfront payments and consideration received from customers for subscription services. As of June 30, 2024, and December 31, 2023, the Company’s contract liabilities totaled approximately $86.3 million and $90.2 million, respectively, and are recorded as deferred revenue on the accompanying condensed 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.