v3.25.1
Revenue
 3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Disaggregation of Revenue
Based on the information provided to and reviewed by the Chief Operating Decision Maker, which is referred to as the CODM, the nature, amount, timing, and uncertainty of revenue and cash flows and how they are affected by economic factors are most appropriately depicted by the type of service and primary geographical markets. Revenues recorded within these categories are earned from similar products and services for which the nature of associated fees and the related revenue recognition models are substantially similar.
The Company disaggregates revenue by two types of services: Marketplace revenue and Enterprise revenue.
The following table sets forth total revenue by type of service for the periods presented:
Three Months Ended
March 31,
(In thousands)20252024
Marketplace
$166,293 $164,330 
Enterprise
26,413 26,607 
Total revenue$192,706 $190,937 
The following table sets forth total revenue by geographic area based on the billing address of talent and clients for the periods presented:
Three Months Ended
March 31,
(In thousands)20252024
Talent
United States$27,339 $27,767 
Philippines14,584 14,556 
India
13,501 14,469 
Rest of world (1)
52,371 53,391 
Total talent107,795 110,183 
Clients
United States59,242 59,760 
Rest of world (1)
25,669 20,994 
Total clients84,911 80,754 
Total revenue$192,706 $190,937 
(1) During each of the three months ended March 31, 2025 and 2024, no single country included in the Rest of world category had revenue that exceeded 10% of total talent revenue, total clients revenue, or total revenue.
Deferred Revenue and Remaining Performance Obligation
Deferred revenue represents amounts billed in advance for services not yet rendered.
Deferred revenue expected to be recognized within the next twelve months is classified as current deferred revenue.
The Company has applied the practical expedients and exemptions and does not disclose the value of remaining performance obligations for (i) contracts with an original expected length of one year or less; and (ii) contracts for which the variable consideration is allocated entirely to a wholly unsatisfied promise to transfer a distinct service that forms part of a single performance obligation under the series guidance.
Contract Balances
The following table provides information about the balances of the Company’s Trade and client receivables, net of allowance and contract liabilities included in deferred revenue and other liabilities, noncurrent as of the dates presented:
(In thousands)
March 31, 2025
December 31, 2024
Trade and client receivables, net of allowance$77,917 $75,490 
Contract liabilities
Deferred revenue, current
7,496 7,269 
During the three months ended March 31, 2025, changes in the contract liabilities balances were primarily the result of normal business activity, including the deferral and subsequent recognition of revenue related to arrangements with talent subject to tiered service fees and related allocation of transaction price to material rights.
Revenue recognized during the three months ended March 31, 2025 that was included in deferred revenue as of December 31, 2024 was $7.2 million. Revenue recognized during the three months ended March 31, 2024 that was included in deferred revenue as of December 31, 2023 was $9.3 million