XML 26 R12.htm IDEA: XBRL DOCUMENT v3.24.0.1
REVENUE
12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
Disaggregated revenue is as follows:
 Years Ended December 31,
 202320222021
(In thousands)
Revenue:
Self-Serve & Add-Ons$285,529 $304,726 $275,259 
Vimeo Enterprise56,499 39,271 23,236 
Other75,186 89,031 93,183 
Total$417,214 $433,028 $391,678 

Revenue by geography is based on where the customer is located. The United States was the only country whose revenue constituted greater than 10% of total revenue of the Company for the years ended December 31, 2023, 2022, and 2021.
Years Ended December 31,
202320222021
(In thousands)
Revenue:
United States$223,055 $220,742 $197,576 
All other countries194,159 212,286 194,102 
Total$417,214 $433,028 $391,678 
Deferred Revenue
The current and non-current deferred revenue balances are included in the accompanying consolidated balance sheet as follows:
December 31,
2023
December 31,
2022
(In thousands)
Deferred revenue$168,610 $167,388 
Other long-term liabilities1,216 1,286 
During the year ended December 31, 2023, Vimeo recognized $166.0 million of revenue that was included in the deferred revenue balance as of December 31, 2022. During the year ended December 31, 2022, the Company recognized $172.0 million of revenue that was included in the deferred revenue balance as of December 31, 2021.
Costs to Obtain a Contract with a Customer
The current and non-current balances of capitalized costs to obtain a contract with a customer are included in the accompanying consolidated balance sheet as follows:
December 31,
2023
December 31,
2022
(In thousands)
Prepaid expenses and other current assets$5,099 $4,168 
Other non-current assets8,263 7,988 
During the years ended December 31, 2023, 2022, and 2021, Vimeo recognized expense of $6.2 million, $6.2 million, and $7.1 million, respectively, related to the amortization of capitalized costs to obtain a contract with a customer.