Revenue, Performance Obligations and Contract Balances |
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| Revenue, Performance Obligations and Contract Balances | 3. Revenue, Performance Obligations and Contract Balances Disaggregation of Revenue The following table presents a disaggregation of revenue from contracts with customers (in thousands):
Revenue by geographic area, based on the customer location, was as follows (in thousands):
Remaining Performance Obligations As of September 30, 2026, the aggregate amount of transaction price allocated to performance obligations that are unsatisfied or partially unsatisfied was $5.8 million, of which the Company expects to recognize over 67% within the next two years, 24% between to four years and the remainder thereafter. The timing of revenue recognition within the next four years is largely dependent upon the go-live dates of the Company's customers under the Company’s contracts. As of September 30, 2026, the Company has contractual rights under its commercial agreements with customers and resellers to receive $41.8 million of fixed consideration related to the future minimum guarantees through 2030. As permitted, the Company has elected to exclude from this disclosure any variable consideration that meets specified criteria. Accordingly, the total unsatisfied or partially unsatisfied performance obligations related to processing services is significantly higher than the amount disclosed. Contract Liabilities Revenue recognized during the three months ended September 30, 2026 and 2025 that was included in the contract liabilities balance at the beginning of each of the periods was $1.4 million and $0.6 million, respectively. Revenue recognized during the nine months ended September 30, 2026 and 2025 that was included in the contract liabilities balance at the beginning of each of the periods was $1.9 million and $1.3 million, respectively. |
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