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Consolidated Balance Sheet Components
 3 Months Ended
Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Consolidated Balance Sheet Components Consolidated Balance Sheet Components
Accounts Receivable, Net
Accounts receivable, net consisted of the following (in thousands):
March 31, 2024December 31, 2023
Trade accounts receivable$11,747 $14,987 
Receivables from customers, clients and liquidity partners16,386 6,123 
Unbilled receivables4,880 6,125 
Deposits2,176 939 
Other receivables2,861 2,221 
Total accounts receivable38,050 30,395 
Less: Allowance for doubtful accounts(893)(731)
Total$37,157 $29,664 
Deposits includes cash, as noted on the consolidated statements of cash flows, at clearing agencies used to settle customer transactions. Amounts payable and receivable to our liquidity providers are reported net by counterparty when the right of offset exists.
Other Current Assets
Other current assets consisted of the following (in thousands):
March 31, 2024December 31, 2023
Prepaid expenses$3,645 $3,307 
Other350 25 
Total$3,995 $3,332 
Property, Equipment and Software, Net
Property, equipment and software, net consisted of the following (in thousands):
March 31, 2024December 31, 2023
Internal-use software$1,236 $— 
Other computer and network equipment835 800 
Leasehold improvements235 — 
Property, equipment and software, gross2,306 800 
Less: accumulated amortization and depreciation(797)(740)
Total$1,509 $60 
For the three months ended March 31, 2024 and March 31, 2023, depreciation and amortization expense related to property, equipment and software amounted to $0.1 million and $1.0 million, respectively, of which less than $0.1 million and $0.3 million, respectively, related to amortization expense of capitalized internal-use software placed in service.
Other Assets
Other assets consisted of the following (in thousands):
March 31, 2024December 31, 2023
Operating lease right-of-use assets$10,834 $11,456 
Deposits with clearinghouse
159 159 
Other1,780 1,647 
Total$12,773 $13,262 
Accounts Payable and Accrued Liabilities
Accounts payable and accrued liabilities consisted of the following (in thousands):
March 31, 2024December 31, 2023
Accounts payable$5,670 $14,925 
Payables to clients and customers16,516 4,906 
Accrued expenses17,963 15,970 
Purchasing card payable11,214 11,830 
Salaries and benefits payable7,093 4,442 
Loyalty revenue share liability3,653 2,686 
Other608 620 
Total$62,717 $55,379 
Other Current Liabilities
Other current liabilities consisted of the following (in thousands):
March 31, 2024December 31, 2023
Current maturities of operating lease liability3,718 3,636 
Other111 70 
Total$3,829 $3,706 
Other Noncurrent Liabilities
Other noncurrent liabilities consisted of the following (in thousands):
March 31, 2024December 31, 2023
Operating lease liability, noncurrent$22,481 $23,525 
Total$22,481 $23,525 
Amounts receivable and payable included in the tables above related to our crypto transactions pending settlement with our customers and liquidity providers were settled in April 2024 in amounts consistent with those reflected above.