v3.23.2
Revenue Information
6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Revenue Information Revenue Information
The Company disaggregates revenue into two streams: subscription revenue and performance-based revenue. The following table presents the Company’s revenue streams (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2023202220232022
Subscription$137,067 $187,338 $280,168 $362,161 
Performance-based33,354 52,605 74,002 105,042 
Total revenue$170,421 $239,943 $354,170 $467,203 
The Company recognized $18.7 million and $24.4 million of revenue during the three months ended June 30, 2023 and June 30, 2022, respectively, that was included in the deferred revenue balances as of March 31, 2023 and March 31, 2022, respectively.
The Company recognized $19.1 million and $22.6 million of revenue during the six months ended June 30, 2023 and June 30, 2022, respectively, that was included in the deferred revenue balances as of December 31, 2022 and December 31, 2021, respectively.
As of June 30, 2023 and December 31, 2022, the Company had no contract assets.
Performance Obligations
No revenue was recognized during the three and six months ended June 30, 2023 and 2022 from performance obligations satisfied in previous periods.
As of June 30, 2023, the Company did not have any material remaining performance obligations expected to be recognized in the future. Generally, any remaining performance obligations relate primarily to subscription services such as time-based job posting plans, upsell services, and resume database plans that will be invoiced in future periods, and exclude (i) contracts with an original expected term of one year or less and (ii) contracts for which the Company only recognizes revenue at the amount to which it has the right to invoice for services performed.