Revenue

9 Months Ended

Sep. 30, 2022

Revenue from Contract with Customer [Abstract]

Revenue

8. Revenue

The following table summarizes the primary components of revenue for the three and nine months ended September 30, 2022 and 2021. This level of disaggregation takes into consideration how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors (in thousands):

	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
Auction marketplace revenue	$	41,748	$	40,006	$	133,790	$	120,863
Other marketplace revenue		40,484		32,145		118,276		85,317
Data services revenue		8,620		7,155		24,885		15,452
Marketplace and service revenue	$	90,852	$	79,306	$	276,951	$	221,632

Revenue presented in the table above, including the subsequent cash flows, could be negatively impacted by fluctuations in the supply or demand of used vehicles, especially in the case of an economic downturn in the United States. Substantially all of the revenue deferred at each balance sheet date is recognized in the subsequent reporting period.