Revenue

6 Months Ended

Jun. 30, 2024

Revenue from Contract with Customer [Abstract]

Revenue

Revenue

Disaggregation of Revenue

The following table provides information about disaggregated revenue from customers:

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Platform services revenue, net	$	119,271	$	226,198	$	233,205	$	436,530
Other services revenue	5,999		4,917		10,032		11,926
Total net revenue	$	125,270	$	231,115	$	243,237	$	448,456

Contract Balances

The following table provides information about contract assets and deferred revenue:

Contract balance	Balance sheet line reference	June 30, 2024		December 31, 2023
Contract assets - current	Prepaid expenses and other current assets	$	1,487	$	1,461
Contract assets - non-current	Other assets	10,843		9,397
Total contract assets		$	12,330	$	10,858
Deferred revenue - current	Accrued expenses and other current liabilities	$	10,265	$	11,829
Deferred revenue - non-current	Other liabilities	3,126		4,071
Total deferred revenue		$	13,391	$	15,900

Net revenue recognized during the three months ended June 30, 2024 and 2023 that was included in the deferred revenue balances at the beginning of the respective periods was $4.3 million and $3.2 million, respectively. Net revenue recognized during the six months ended June 30, 2024 and 2023 that was included in the deferred revenue balances at the beginning of the respective periods was $6.0 million and $7.8 million, respectively.

Remaining Performance Obligations

The Company has performance obligations associated with commitments in customer contracts for future stand-ready obligations to process transactions throughout the contractual term. As of June 30, 2024, the aggregate amount of the transaction price allocated to our remaining performance obligations was $53.6 million. The Company expects to recognize approximately 64% within two years and the remaining 36% over the next three to five years.