| Revenue |
Revenue Disaggregation of Revenue The following table provides information about disaggregated revenue from customers: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2023 | | 2022 | | 2023 | | 2022 | | Platform services revenue, net | $ | 226,198 | | | $ | 181,102 | | | $ | 436,530 | | | $ | 342,100 | | | Other services revenue | 4,917 | | | 5,576 | | | 11,926 | | | 10,680 | | | Total net revenue | $ | 231,115 | | | $ | 186,678 | | | $ | 448,456 | | | $ | 352,780 | |
Contract Balances The following table provides information about contract assets and deferred revenue: | | | | | | | | | | | | | | | | | | | | | | Contract balance | | Balance sheet line reference | | June 30,
2023 | | December 31,
2022 | | Contract assets - current | | Prepaid expenses and other current assets | | $ | 134 | | | $ | 621 | | | Contract assets - non-current | | Other assets | | 2,107 | | | 1,323 | | | Total contract assets | | | | $ | 2,241 | | | $ | 1,944 | | | Deferred revenue - current | | Accrued expenses and other current liabilities | | $ | 12,971 | | | $ | 17,048 | | | Deferred revenue - non-current | | Other liabilities | | 4,954 | | | 4,202 | | | Total deferred revenue | | | | $ | 17,925 | | | $ | 21,250 | |
Net revenue recognized during the three months ended June 30, 2023 and 2022 that was included in the deferred revenue balances at the beginning of the respective periods was $3.2 million and $3.4 million, respectively. Net revenue recognized during the six months ended June 30, 2023 and 2022 that was included in the deferred revenue balances at the beginning of the respective periods was $7.8 million and $8.4 million, respectively.Remaining Performance Obligations The Company has performance obligations associated with commitments in customer contracts for future stand-ready obligations to process transactions throughout the contractual term.
|