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Accrued Expenses and Other Current Liabilities
3 Months Ended
Mar. 31, 2022
Payables and Accruals [Abstract]  
Accrued Expenses and Other Current Liabilities

5. Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following:

 

(in thousands)

 

March 31,
2022

 

 

December 31,
2021

 

Accrued bonus and other payroll related

 

$

10,213

 

 

$

24,031

 

Accrued marketing

 

 

8,479

 

 

 

15,493

 

Deferred revenue

 

 

10,319

 

 

 

6,869

 

Other accrued expenses

 

 

4,801

 

 

 

4,339

 

Total accrued expenses and other current liabilities

 

$

33,812

 

 

$

50,732

 

 

Deferred revenue represents payments received in advance of providing services for subscriptions and certain advertising contracts with customers. We expect substantially all of the deferred revenue at March 31, 2022 will be recognized as revenue within the subsequent twelve months. Of the $6.9 million of deferred revenue at December 31, 2021, $4.5 million was recognized as revenue during the three months ended March 31, 2022. Revenue recognized during the three months ended March 31, 2021 of $4.3 million was included as deferred revenue at December 31, 2020.