XML 40 R23.htm IDEA: XBRL DOCUMENT v3.22.4
Segment and Geographic Information
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment and Geographic Information

Note 15. Segment and Geographic Information

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision group, in deciding how to allocate resources and assessing performance. The Company’s chief operating decision maker is the Company’s Chief Executive Officer (“CEO”). The Company’s CEO reviews financial information presented on a consolidated basis and makes decisions and allocates resources based on the Company as a whole. The Company has one business activity as a provider of a SaaS solution for investment data aggregation, accounting, analytics, and reporting services. Accordingly, the Company operates as one operating segment, and all required segment financial information is found in the consolidated financial statements.

The following table presents the Company’s revenue disaggregated by geography, based on billing address of the customer (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

United States

 

$

261,755

 

 

$

229,482

 

 

$

183,745

 

Rest of World

 

 

41,671

 

 

 

22,540

 

 

 

19,477

 

Total revenue

 

$

303,426

 

 

$

252,022

 

 

$

203,222

 

 

The following table presents the Company’s long-lived assets including property, plant and equipment, net, operating lease right-of-use assets, net, and intangibles assets, net, disaggregated by geography (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

United States

 

$

28,179

 

 

$

9,297

 

 

$

7,566

 

Rest of World

 

 

40,455

 

 

 

1,441

 

 

 

1,283

 

Total long-lived assets, net

 

$

68,634

 

 

$

10,738

 

 

$

8,849