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Revenue Revenue
12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Contract Balances
The following table reflects contract balances with customers (in thousands):
Balance Sheet Line ReferenceAs of December 31, 2024As of December 31, 2023As of December 31, 2022
Accounts receivable, net$76,687 $74,307 $72,928 
Deferred revenue, current78,335 82,657 74,340 
Deferred revenue, non-current69,924 58,677 52,652 

The Company receives payment from customers based upon billing cycles. Invoice payment terms typically range from 30 to 90 days.

Accounts receivable are recorded when the right to consideration becomes unconditional.

Contract assets include amounts related to the Company’s contractual right to consideration for performance obligations not yet billed, and are included in prepaid and other current assets in the Company’s consolidated balance sheets. The contract assets amount was immaterial as of December 31, 2024 and 2023.

Deferred revenue primarily consists of amounts that have been invoiced but not yet recognized as revenue and consists of performance obligations pertaining to support and subscription services. During the years ended December 31, 2024 and 2023, the Company recognized revenue of $80.7 million and $72.3 million, respectively, related to deferred revenue at the beginning of the period.

Deferred revenue consisted of the following (in thousands):
 As of December 31, 2024As of December 31, 2023As of December 31, 2022
Deferred revenue:  
Products$4,405 $14,917 $7,782 
Services143,854 126,417 119,210 
Total deferred revenue148,259 141,334 126,992 
Less: current portion(78,335)(82,657)(74,340)
Non-current portion$69,924 $58,677 $52,652 

Deferred Contract Acquisition Costs
As of December 31, 2024, the current and non-current portions of deferred contract acquisition costs totaled $6.2 million and $4.8 million, respectively, and the related amortization was $5.9 million for the year ended December 31, 2024. As of December 31, 2023, the current and non-current portions of deferred contract acquisition costs totaled $6.2 million and $4.4 million, respectively, and the related amortization was $5.5 million for the year ended December 31, 2023.

For the years ended December 31, 2024, 2023 and 2022, the Company had no impairment loss in relation to capitalized deferred contract acquisition costs and no asset impairment charges related to contract assets.

Remaining Performance Obligations
Remaining performance obligations represent contracted revenues that are non-cancellable and have not yet been recognized due to unsatisfied or partially satisfied performance obligations, which include deferred revenues and amounts that will be invoiced and recognized as revenues in future periods.
The Company expects to recognize revenue on the remaining performance obligations as follows (in thousands):
 As of December 31, 2024
Within 1 year$78,335 
Next 2 to 3 years57,956 
Thereafter11,968 
Total$148,259