Annual report pursuant to Section 13 and 15(d)

Revenue (Tables)

v3.24.0.1
Revenue (Tables)
12 Months Ended
Dec. 31, 2023
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,
2023 2022 2021
Beginning balance $ 18,027  $ 16,804  $ 13,386 
Capitalization of contract costs 13,313  12,343  12,828 
Amortization of deferred contract costs (12,171) (11,120) (9,410)
Ending balance $ 19,169  $ 18,027  $ 16,804 
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, 2023, 2022 and 2021:
Year Ended December 31,
2023 2022 2021
Subscription and payment processing $ 162,715  $ 136,592  $ 108,841 
Onboarding 3,232  1,288  3,687 
Hardware (embedded lease) 4,521  4,237  3,343 
Total revenue $ 170,468  $ 142,117  $ 115,871