The following table presents the major components of accounts receivable at March 31, 2026 and December 31, 2025 (in thousands):


	March 31,			December 31,
	2026			2025
Uncollateralized payment processor obligations	$	12,450		$	11,938
Due from ticket sellers for cancellation charges		7,684			7,600
Due from distribution partners for cancellation charges		13,920			14,139
Event insurance and other commissions receivable		4,134			3,481
Other trade receivables		11,152			6,369
Accounts receivable		49,340			43,527
Less: allowance for credit losses		(12,919	)		(12,863	)
Accounts receivable – net	$	36,421		$	30,664

Accounts receivable is recorded net of the cumulative allowance for credit losses. As of March 31, 2026 and December 31, 2025, we recorded a cumulative allowance for credit losses of $12.9 million to reflect potential challenges in collecting funds from distribution partners and ticket sellers, particularly for amounts due upon usage of store credit previously issued to ticket buyers.

There were no write-offs for uncollectible accounts receivable balances during the three months ended March 31, 2026 and 2025.