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Segment Information (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Breakout of Operations of Software Segment and Corporate & Other Costs

The following tables present the breakout of the operations of the software segment and the Corporate & Other costs (in thousands) for the periods indicated:

		Three Months Ended June 30, 2024												Three Months Ended June 30, 2023
		Software Business				Corporate & Other				Total Consolidated				Software Business				Corporate & Other				Total Consolidated
Total revenues		$	111,442							$	111,442			$	120,400							$	120,400
Total cost of revenues			30,935								30,935				27,121								27,121
Gross profit		$	80,507							$	80,507			$	93,279							$	93,279
Total operating expenses			99,236				181,545				280,781				95,521				24,466				119,987
Loss from operations		$	(18,729	)		$	(181,545	)		$	(200,274	)		$	(2,242	)		$	(24,466	)		$	(26,708	)

		Six Months Ended June 30, 2024												Six Months Ended June 30, 2023
		Software Business				Corporate & Other				Total Consolidated				Software Business				Corporate & Other				Total Consolidated
Total revenues		$	226,688							$	226,688			$	242,315							$	242,315
Total cost of revenues			60,950								60,950				55,062								55,062
Gross profit		$	165,738							$	165,738			$	187,253							$	187,253
Total operating expenses			195,359				374,355				569,714				190,008				44,260				234,268
Loss from operations		$	(29,621	)		$	(374,355	)		$	(403,976	)		$	(2,755	)		$	(44,260	)		$	(47,015	)

Total Revenues, Gross Profit, (Loss) Income from Operations, and Long-Lived Assets, by Geographic Region

The following table presents total revenues, gross profit, (loss) income from operations, 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. The Corporate & Other category disclosed above is included within the U.S. region.

Geographic regions:		U.S.				EMEA				Other Regions				Consolidated
Three months ended June 30, 2024
Total revenues		$	63,778			$	36,968			$	10,696			$	111,442
Gross profit		$	44,582			$	29,190			$	6,735			$	80,507
(Loss) income from operations		$	(209,715	)		$	15,900			$	(6,459	)		$	(200,274	)
Three months ended June 30, 2023
Total revenues		$	71,427			$	37,109			$	11,864			$	120,400
Gross profit		$	56,780			$	28,809			$	7,690			$	93,279
(Loss) income from operations		$	(32,407	)		$	12,882			$	(7,183	)		$	(26,708	)
Six months ended June 30, 2024
Total revenues		$	128,157			$	75,321			$	23,210			$	226,688
Gross profit		$	90,643			$	60,090			$	15,005			$	165,738
(Loss) income from operations		$	(421,205	)		$	29,540			$	(12,311	)		$	(403,976	)
Six months ended June 30, 2023
Total revenues		$	141,104			$	75,129			$	26,082			$	242,315
Gross profit		$	110,969			$	58,506			$	17,778			$	187,253
(Loss) income from operations		$	(65,495	)		$	29,403			$	(10,923	)		$	(47,015	)
As of June 30, 2024
Long-lived assets		$	71,736			$	4,092			$	6,095			$	81,923
As of December 31, 2023
Long-lived assets		$	75,004			$	3,937			$	7,343			$	86,284

X

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

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-Topic 220
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-Name Accounting Standards Codification
-Section S99
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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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