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Revenues
 3 Months Ended
Sep. 30, 2023
Revenue Recognition [Abstract]  
Revenues

Note 3. Revenues

Disaggregation of Revenues

Revenues by geography were as follows (in thousands):

 

 

 

Three Months Ended September 30,

 

 

 

2023

 

 

2022

 

United States

 

$

69,855

 

 

$

55,652

 

United Kingdom

 

 

14,726

 

 

 

13,012

 

Rest of the world

 

 

16,994

 

 

 

10,874

 

Total

 

$

101,575

 

 

$

79,538

 

 

No country other than those listed above accounted for 10% or more of the Company’s total revenues during the three months ended September 30, 2023 and 2022.

Contract balances

The Company’s contract assets and liabilities were as follows (in thousands):

 

 

 

September 30, 2023

 

 

June 30, 2023

 

Unbilled accounts receivable, net(1)

 

$

14,660

 

 

$

10,765

 

Deferred revenue, net

 

 

192,619

 

 

 

192,397

 

 

(1)
The long-term portion of $113 and $104 as of September 30, 2023 and June 30, 2023, respectively, is included in other assets.

There was no allowance for credit losses associated with unbilled receivables as of September 30, 2023 and June 30, 2023. During the three months ended September 30, 2023, the Company recognized $65.3 million in revenue pertaining to deferred revenue as of June 30, 2023.

Remaining Performance Obligations

Remaining performance obligations represent non-cancellable contracted revenues that have not yet been recognized, which includes deferred revenue and amounts that will be invoiced and recognized as revenues in future periods. SaaS subscription is typically satisfied over one to three years, subscription license is typically satisfied at a point in time, support services are generally satisfied within one year, and professional services are typically satisfied within one year. Professional services contracts are not included in the performance obligations amount as these arrangements can be cancelled at any time.

As of September 30, 2023, approximately $417.2 million of revenues is expected to be recognized from remaining performance obligations with approximately 61% over the next 12 months and the remainder thereafter.