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Revenue from Contracts with Customers
9 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
Disaggregation of Revenue
The following table summarizes the Company’s disaggregated net revenues information (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
Weedmaps for Business and other SaaS solutions
$10,877 $12,383 $33,847 $38,093 
Featured and deal listings
32,945 34,644 101,840 116,709 
Subtotal43,822 47,027 135,687 154,802 
Other WM Ad solutions
3,903 3,473 10,897 11,444 
Total net revenues
$47,725 $50,500 $146,584 $166,246 
Deferred revenue primarily consists of billings or payments received in advance of revenue recognition from subscription offerings and is recognized as the revenue recognition criteria are met. Deferred revenue balance as of September 30, 2023 and December 31, 2022 was $6.1 million and $6.3 million, respectively, and the balance is expected to be fully recognized within the next twelve months.