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Segment and Related Information | 3 Months Ended
--- | ---
Mar. 31, 2025
Segment Reporting [Abstract] |
Segment and Related Information | Segment and Related Information The Company operates in one segment. There have been no changes to the Company’s reportable segment, the identification of the Chief Operating Decision Maker, or the methodology used to assess segment performance since the filing of our 2024 Annual Report. The following table presents revenues and significant segment expenses:
| Three Months Ended March 31,
(in thousands) | 2025 |  | 2024
Total revenues, net | $ | 103,859 |  |  | $ | 70,073 |
Less: |  |  |
Subscription service cost of sales(1) | 21,178 |  |  | 13,138 |
Hardware cost of sales(1) | 16,385 |  |  | 14,049 |
Professional service cost of sales(1) | 10,002 |  |  | 11,119 |
Sales and marketing(1) | 11,456 |  |  | 10,651 |
General and administrative(1) | 21,541 |  |  | 17,666 |
Research and development(1) | 18,829 |  |  | 15,085 |
Depreciation and amortization | 8,623 |  |  | 6,361 |
Stock-based compensation | 7,181 |  |  | 4,410 |
Transaction costs | 1,155 |  |  | 3,405 |
Amortization of identifiable intangible assets | 3,259 |  |  | 932 |
Operating loss | $ | (15,750) |  |  | $ | (26,743) |
Other segment items(2) | (8,600) |  |  | 8,455 |
Net loss | $ | (24,350) |  |  | $ | (18,288) |
(1) These amounts exclude stock-based compensation expense, depreciation and amortization expense, and transaction costs, which are presented separately as additional significant segment expenses. (2) Other segment items include other (expense) income, net, loss on extinguishment of debt, interest expense, net, (provision for) benefit from income taxes, and net income from discontinued operations. See the condensed consolidated statements of operations for additional information on these amounts. The following table represents revenues by country based on the location of the revenue:
| Three Months Ended March 31, |  |
(in thousands) | 2025 |  | 2024 |  |  |  |
United States | $ | 87,535 |  |  | $ | 64,533 |  |  |  |  |
International | 16,324 |  |  | 5,540 |  |  |  |  |
Total | $ | 103,859 |  |  | $ | 70,073 |  |  |  |  |
The following table represents assets by country based on the location of the assets:
(in thousands) | March 31, 2025 |  | December 31, 2024
United States | $ | 608,565 |  |  | $ | 599,945 |
International | 772,984 |  |  | 780,782 |
Total | $ | 1,381,549 |  |  | $ | 1,380,727 |
Customers accounting for 10% or more of the Company’s total revenues are summarized as follows:
| Three Months Ended March 31, |  |
| 2025 |  | 2024 |  |  |  |
McDonald’s Corporation | 19 | % |  | 10 | % |  |  |  |
Yum! Brands, Inc. | 7 | % |  | 12 | % |  |  |  |
Dairy Queen | 8 | % |  | 10 | % |  |  |  |
All Others | 66 | % |  | 68 | % |  |  |  |
Total | 100 | % |  | 100 | % |  |  |  |
No other customer within "All Others" accounted for 10% or more of the Company’s total revenue for the three months ended March 31, 2025 or 2024.

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- Definition The entire disclosure for reporting segments including data and tables. 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