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Segment Information
 9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Segment Information

(11) Segment Information

The Company manages its business in one reportable operating segment. The Company’s one reportable operating segment is engaged in the design, development, marketing, and sales of its software platform through licensing arrangements and cloud subscriptions and related services. The following table presents total revenues, gross profit, and long-lived assets (in thousands) according to geographic region. Long-lived assets are comprised of right-of-use assets and property and equipment, net.

Geographic regions:

 

U.S.

 

 

EMEA

 

 

Other Regions

 

 

Consolidated

 

Three months ended September 30, 2023

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

71,788

 

 

$

40,222

 

 

$

17,452

 

 

$

129,462

 

Gross profit

 

$

56,723

 

 

$

32,574

 

 

$

13,504

 

 

$

102,801

 

Three months ended September 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

76,720

 

 

$

36,065

 

 

$

12,575

 

 

$

125,360

 

Gross profit

 

$

62,545

 

 

$

28,798

 

 

$

8,632

 

 

$

99,975

 

Nine months ended September 30, 2023

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

212,892

 

 

$

115,351

 

 

$

43,534

 

 

$

371,777

 

Gross profit

 

$

167,692

 

 

$

91,080

 

 

$

31,282

 

 

$

290,054

 

Nine months ended September 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

218,358

 

 

$

110,931

 

 

$

37,421

 

 

$

366,710

 

Gross profit

 

$

177,982

 

 

$

86,835

 

 

$

25,627

 

 

$

290,444

 

As of September 30, 2023

 

 

 

 

 

 

 

 

 

 

 

 

Long-lived assets

 

$

77,040

 

 

$

4,561

 

 

$

3,133

 

 

$

84,734

 

As of December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Long-lived assets

 

$

83,279

 

 

$

6,466

 

 

$

3,865

 

 

$

93,610

 

The EMEA region includes operations in Europe, the Middle East, and Africa. The other regions include all other foreign countries, generally comprising Latin America, the Asia Pacific region, and Canada. For the three and nine months ended September 30, 2023 and 2022, no individual foreign country accounted for 10% or more of total consolidated revenues.

For the three and nine months ended September 30, 2023 and 2022, no individual customer accounted for 10% or more of total consolidated revenues.

As of September 30, 2023 and December 31, 2022, no individual foreign country accounted for 10% or more of total consolidated assets.