The following table presents the major components of Accounts receivable – net at June 30, 2026 and December 31, 2025 (in thousands):


	June 30,			December 31,
	2026			2025
Uncollateralized payment processor obligations	$	17,461		$	11,938
Due from ticket sellers for cancellation charges		8,034			7,600
Due from distribution partners for cancellation charges		14,072			14,139
Event insurance and other commissions receivable		5,143			3,481
Other trade receivables		14,400			6,369
Accounts receivable		59,110			43,527
Less: allowance for credit losses		(14,074	)		(12,863	)
Accounts receivable – net	$	45,036		$	30,664

Accounts receivable is recorded net of the cumulative allowance for credit losses. As of June 30, 2026 and December 31, 2025, we recorded a cumulative allowance for credit losses of $14.1 million and $12.9 million, respectively, 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.

We wrote off $0.1 million for uncollectible accounts receivable balances during the three and six months ended June 30, 2025. There were no write-offs for uncollectible accounts receivable balances during the three and six months ended June 30, 2026.