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Segment and Geographical Information (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Revenues and Property and Equipment by Geographic Region
The following table summarizes revenues by geographic region based on customer billing address (in thousands):
Year Ended December 31,
202420232022
United States$927,788 $812,708 $702,206 
International114,150 97,780 76,640 
Total revenue$1,041,938 $910,488 $778,846 
Long-Lived Assets, Net by Geographic Areas
The following table summarizes total property and equipment, net in the respective locations (in thousands):
December 31,
20242023
United States$136,382 $101,567 
International8,506 7,005 
Property and equipment, net$144,888 $108,572 
Reconciliation of Revenue from Segments to Consolidated
Segment Information - Consolidated Statement of Operations
Year Ended December 31,
202420232022
Revenue$1,041,938 $910,488 $778,846 
Adjusted cost of revenue(1)
(399,197)(354,729)(301,661)
Adjusted research and development(2)
(122,053)(99,418)(83,337)
Adjusted sales and marketing(3)
(256,193)(230,419)(202,617)
Adjusted general and administrative(4)
(68,513)(59,657)(50,795)
Other segment items(5)
(194,380)(216,326)(183,347)
Depreciation and amortization(52,905)(48,515)(44,671)
Interest expense(14,812)(7,646)(7,493)
Gain on early extinguishment of debt6,615 — — 
Interest income and other46,745 26,799 4,813 
Provision for income taxes(40)(2,341)(4,388)
Net loss$(12,795)$(81,764)$(94,650)
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(1) Adjusted cost of revenue includes cost of revenue in accordance with GAAP adjusted for depreciation and amortization, stock-based compensation, exit costs related to the closure and relocation of the Company’s Russian operations, acquisition and related transaction costs and one-time integration costs, lease amortization for finance leases, costs related to a reduction in force plan, and refund for prior year overpayment of USF fees.
(2) Adjusted research and development includes research and development in accordance with GAAP adjusted for depreciation and amortization, stock-based compensation, exit costs related to the closure and relocation of the
Company’s Russian operations, acquisition and related transaction costs and one-time integration costs, and costs related to a reduction in force plan.
(3) Adjusted sales and marketing includes sales and marketing expense in accordance with GAAP adjusted for depreciation and amortization, stock-based compensation, acquisition and related transaction costs and one-time integration costs, and costs related to a reduction in force plan.
(4) Adjusted general and administrative included general and administrative expense in accordance with GAAP adjusted for depreciation and amortization, stock-based compensation, exit costs related to the closure and relocation of the Company’s Russian operations, acquisition and related transaction costs and one-time integration costs, costs related to a reduction in force plan, impairment charge related to closure of operating lease facilities, and contingent consideration expense.
(5) Other segment items included in segment net loss includes stock-based compensation, exit costs related to the closure and relocation of our Russian operations, acquisition and related transaction costs and one-time integration costs, lease amortization for finance leases, costs related to a reduction in force plan, and impairment charge related to closure of operating lease facilities.