Deferred Costs |
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| Deferred Costs | Deferred Costs Deferred costs, which primarily consist of costs to obtain contracts with customers, were $105.8 million and $72.4 million for the years ended December 31, 2024 and 2023, respectively. Amortization expense for the deferred costs was $60.8 million, $54.5 million and $44.0 million for the years ended December 31, 2024, 2023 and 2022, respectively. There were no material impairment losses in relation to the costs capitalized for the periods presented. Revenue RecognitionDisaggregation of Revenue The following table presents our revenues disaggregated by type of good or service (in thousands):
Deferred Revenue During the year ended December 31, 2024, we recognized $369.0 million of revenue that was included in the deferred revenue balance at the beginning of the period. Transaction Price Allocated to the Remaining Performance Obligations As of December 31, 2024, revenue of approximately $1.2 billion is expected to be recognized from remaining performance obligations for subscription contracts. We expect to recognize approximately $627.1 million of these remaining performance obligations over the next 12 months, with the balance recognized thereafter.
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