v3.25.1
Revenue, Performance Obligations and Contract Balances (Tables)
3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregation of Revenue

The following table presents a disaggregation of revenue from contracts with customers (in thousands):

 

Three Months Ended March 31,

 

 

2025

 

2024

 

 

 

 

 

 

Payment transaction processing revenue

$

273,280

 

$

182,752

 

Other

 

1,955

 

 

2,123

 

Total revenue

$

275,235

 

$

184,875

 

Revenue by geographic area, based on the location of the Company’s users, was as follows (in thousands):

 

Three Months Ended March 31,

 

 

2025

 

2024

 

 

 

 

 

 

United States

$

270,679

 

$

181,301

 

Other

 

4,556

 

 

3,574

 

Total

$

275,235

 

$

184,875

 

Summary of Contract Asset and Liability

Contract liabilities consist of the following:

 

March 31,

 

December 31,

 

 

2025

 

2024

 

 

(in thousands)

 

Contract Liabilities:

 

 

 

 

Current

$

3,375

 

$

2,937

 

Non-current

 

2,746

 

 

2,783

 

Total contract liabilities

$

6,121

 

$

5,720