Annual report pursuant to Section 13 and 15(d)

Revenue (Tables)

v3.22.4
Revenue (Tables)
12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Capitalized Contract Cost
The following table summarizes the activity of deferred contract costs (in thousands):
Year Ended December 31,
2022 2021 2020
Beginning balance $ 16,804  $ 13,386  $ 10,578 
Capitalization of contract costs 12,343  12,828  9,670 
Amortization of deferred contract costs (11,120) (9,410) (6,862)
Ending balance $ 18,027  $ 16,804  $ 13,386 
Disaggregation of Revenue The table below outlines revenue for our recurring subscription (software and phone services) and payment processing services, as well as for our onboarding services, and phone hardware (in thousands) for the years ended December 31, 2022, 2021 and 2020:
Year Ended December 31,
2022 2021 2020
Subscription and payment processing $ 136,592  $ 108,841  $ 74,182 
Onboarding 1,288  3,687  3,095 
Hardware (embedded lease) 4,237  3,343  2,619 
Total revenue $ 142,117  $ 115,871  $ 79,896