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Revenue
 6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Disaggregation of Revenue
Subscription and support revenue is recognized over time and accounted for substantially all of the Company’s revenue for the three and six months ended June 30, 2024 and 2023.
The following table summarizes the revenue by region based on the billing address of customers who have contracted to use the Company’s global network and products:
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
(dollars in thousands)(dollars in thousands)
AmountPercentage
of Revenue		AmountPercentage
of Revenue		AmountPercentage
of Revenue		AmountPercentage
of Revenue
United States$207,008 51 %$161,692 53 %$403,471 52 %$314,610 53 %
Europe, Middle East, and Africa
110,968 28 %84,346 27 %216,352 28 %162,677 27 %
Asia Pacific52,126 13 %40,399 13 %99,777 13 %79,617 13 %
Other30,894 8 %22,057 7 %59,998 7 %41,765 7 %
Total$400,996 100 %$308,494 100 %$779,598 100 %$598,669 100 %
The following table summarizes the revenue from contracts by type of customer:
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
(dollars in thousands)(dollars in thousands)
AmountPercentage
of Revenue		AmountPercentage
of Revenue		AmountPercentage
of Revenue		AmountPercentage
of Revenue
Channel partners
$76,686 19 %$47,148 15 %$147,137 19 %$88,151 15 %
Direct customers
324,310 81 %261,346 85 %632,461 81 %510,518 85 %
Total$400,996 100 %$308,494 100 %$779,598 100 %$598,669 100 %
Contract Balances
Contract liabilities consist of deferred revenue and include payments received in advance of performance under the contract. Such amounts are recognized as revenue over the contractual period. For the six months ended June 30, 2024 and 2023, the Company recognized revenue of $270.3 million and $169.7 million, respectively, that was included in the corresponding contract liability balance at the beginning of the periods presented.
The Company receives payments from customers based upon contractual billing schedules; accounts receivable are recorded when the right to consideration becomes unconditional. Standard payment terms are due upon receipt. Contract assets include amounts related to the Company’s contractual right to consideration for both completed and partially completed performance obligations that have not been invoiced.
The following table summarizes the activity of the deferred contract acquisition costs:
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
(in thousands)(in thousands)
Beginning balance$137,527 $98,427 $133,236 $93,145 
Capitalization of contract acquisition costs
25,687 23,957 48,085 43,348 
Amortization of deferred contract acquisition costs
(18,884)(14,902)(36,991)(29,011)
Ending balance$144,330 $107,482 $144,330 $107,482 
The Company did not recognize any impairment losses of deferred contract acquisition costs during the periods presented.
Remaining Performance Obligations
As of June 30, 2024, the aggregate amount of the transaction price allocated to remaining performance obligations was $1,421.0 million. As of June 30, 2024, the Company expected to recognize 69% of its remaining performance obligations as revenue over the next 12 months with the remainder recognized thereafter.