v3.24.0.1
Loans and Merchant Cash Advances (Tables)
 12 Months Ended
Dec. 31, 2023
Receivables [Abstract]  
Schedule of Loans and Merchant Cash Advances Trade receivables and unbilled revenues, net of allowance for credit losses, were as follows:
 December 31, 2023December 31, 2022January 1, 2021
$$$
Unbilled revenues, net132 123 87 
Trade receivables, net62 80 40 
Indirect taxes receivable46 31 39 
Other receivables27 23 13 
Accrued interest15 16 13 
 282 273 192 
Activity in the allowance for credit losses was as follows:
Years ended
 
December 31, 2023
$
December 31, 2022
$
Balance, beginning of the year16 7 
Provision for credit losses related to uncollectible receivables9 17 
Write-offs(12)(8)
Balance, end of the year13 16 
December 31, 2023December 31, 2022January 1, 2022
$$$
Loans receivable, gross(1)
732 228 73 
Allowance for credit losses related to uncollectible loans receivable(60)(19)(3)
Merchant cash advances receivable, gross180 420 439 
Allowance for credit losses related to uncollectible merchant cash advances receivable(36)(49)(38)
Loans and merchant cash advances, net816 580 471 
(1) Included in the loans receivable gross balance as of December 31, 2023 is $10 of interest receivable (December 31, 2022 - $3, January 1, 2022 - $nil).
Schedule of Allowance for Credit Losses
The following table summarizes the activities of the Company’s allowance for credit losses related to uncollectible loans receivable:
Years ended
December 31, 2023December 31, 2022
$$
Allowance, beginning of the year19 3 
Provision for credit losses related to uncollectible loans receivable60 21 
Loans receivable charged off, net of recoveries(19)(5)
Allowance, end of the year60 19 
The following table summarizes the activities of the Company’s allowance for credit losses related to uncollectible merchant cash advances receivable:
Years ended
December 31, 2023December 31, 2022
$$
Allowance, beginning of the period49 38 
Provision for credit losses related to uncollectible merchant cash advances receivable20 43 
Merchant cash advances receivable charged off, net of recoveries(33)(32)
Allowance, end of the period36 49 
Schedule of Delinquency Status
The following table presents the delinquency status of the gross amount of merchant loans by year of origination. The delinquency status is determined based on the number of days past the contractual or expected repayment date for which the Company anticipates to receive the amounts outstanding. The "current" category represents balances that are within 29 days of the contractual repayment dates, or within 29 days of the expected repayment date.
December 31, 2023
TotalPercent
Current$696 95.1 %
30-59 Days5 0.7 %
60-89 Days2 0.3 %
90-179 Days7 0.9 %
180+ Days22 3.0 %
Total$732 100.0 %

December 31, 2022
TotalPercent
Current$215 94.2 %
30-59 Days2 0.9 %
60-89 Days1 0.7 %
90-179 Days4 1.6 %
180+ Days6 2.6 %
Total$228 100.0 %