v3.24.2.u1
Funds Receivable
6 Months Ended
Jun. 30, 2024
Receivables [Abstract]  
Funds Receivable Funds ReceivableFunds receivable represents cash-in-transit from third-party payment processors that is received by the Company within approximately five business days from the date of the underlying ticketing transaction. For periods ending on a weekend or a bank holiday, the funds receivable balance will typically be higher than for periods ending on a weekday, as the Company settles payment processing activity on business days. The funds receivable balance includes the face value of tickets sold on behalf of creators and their share of service charges, which amounts are to be remitted to the creators. Such amounts were $26.2 million and $44.2 million as of June 30, 2024 and December 31, 2023, respectively.