REVENUE
 3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
Disaggregation of revenue
The Company believes that the disaggregation based on the reportable segments best depicts how the nature, amount, timing and uncertainty of our revenues and cash flows are affected by industry, market, and other factors. As described below in Note 13, the Company has two reportable segments, Travel Marketplace and SaaS Platform.
Three Months Ended
March 31,
20232022
Revenue from Travel Marketplace$49,549 $38,775 
Revenue from SAAS Platform380 292 
$49,929 $39,067 
Contract balances
The timing of revenue recognition, billing, and cash collection results in the recognition of accounts receivable, contract assets and contract liabilities on the Condensed Consolidated Balance Sheets.
Contract assets include unbilled amounts resulting from contracts in which revenue is estimated and accrued based upon measurable performance targets defined at contract inception.
Contract liabilities, discussed below, are referenced as “deferred revenue” on the Condensed Consolidated Balance Sheets and disclosures. Cash received that are contingent upon the satisfaction of performance obligations are accounted for as deferred revenue. Deferred revenue primarily relates to advance received from GDS service provider for bookings of airline tickets in future.
The opening and closing balances of accounts receivable and deferred revenue are as follows:
Accounts
Receivable		Contract
 Asset		Deferred
Revenue
Ending Balance as of December 31, 202221,733 5,794 (20,484)
Increase/(decrease), net 59,035 (1,294)2 
Ending Balance as of March 31, 2023$80,768 $4,500 $(20,482)
During the three months ended March 31, 2023, the Company recognized revenue of $1,016 from the deferred revenue balance as of December 31, 2022.