Revenue

12 Months Ended

Dec. 31, 2024

Revenue from Contract with Customer [Abstract]

Revenue

Revenue

Disaggregation of Revenue

The following table provides information about disaggregated revenue from customers:

	Year Ended December 31,
	2024		2023		2022
Platform services revenue, net	$	481,665	$	654,553	$	725,629
Other services revenue	25,330		21,618		22,577
Total net revenue	$	506,995	$	676,171	$	748,206

Contract Balances

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

Contract balance	Balance sheet line reference	December 31, 2024		December 31, 2023
Contract assets - current	Prepaid expenses and other current assets	$	1,605	$	1,461
Contract assets - non-current	Other assets	10,981		9,397
Total contract assets		$	12,586	$	10,858
Deferred revenue - current	Accrued expenses and other current liabilities	$	13,593	$	11,829
Deferred revenue - non-current	Other liabilities	4,779		4,071
Total deferred revenue		$	18,372	$	15,900

Net revenue recognized during the years ended December 31, 2024 and 2023 that was included in the deferred revenue balances at the beginning of the respective periods was $9.0 million and $12.0 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 December 31, 2024, the aggregate amount of the transaction price allocated to our remaining performance obligations was $47.9 million. The Company expects to recognize approximately 63% within two years and the remaining 37% over the next three to five years.