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Segment and geographic information (Tables) | 6 Months Ended
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Jun. 30, 2024
Segment Reporting [Abstract] |
Schedule of Financial Information by Each Reportable Segment | Financial information for each reportable segment was as follows (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Revenue |  |  |  |  |  |  |
Enterprise | $ | 120,556 |  |  | $ | 101,619 |  |  | $ | 238,196 |  |  | $ | 196,861 |
Consumer | 73,804 |  |  | 76,621 |  |  | 153,010 |  |  | 157,809 |
Total revenue | 194,360 |  |  | 178,240 |  |  | 391,206 |  |  | 354,670 |
Segment cost of revenue |  |  |  |  |  |  |
Enterprise | 33,316 |  |  | 33,952 |  |  | 66,314 |  |  | 66,819 |
Consumer | 32,299 |  |  | 35,132 |  |  | 68,297 |  |  | 72,628 |
Total segment cost of revenue | 65,615 |  |  | 69,084 |  |  | 134,611 |  |  | 139,447 |
Segment gross profit |  |  |  |  |  |  |
Enterprise | 87,240 |  |  | 67,667 |  |  | 171,882 |  |  | 130,042 |
Consumer | 41,505 |  |  | 41,489 |  |  | 84,713 |  |  | 85,181 |
Total segment gross profit | 128,745 |  |  | 109,156 |  |  | 256,595 |  |  | 215,223 |
Reconciliation of segment gross profit to gross profit |  |  |  |  |  |  |
Amortization of capitalized software | 4,978 |  |  | 4,270 |  |  | 9,769 |  |  | 8,173 |
Amortization of intangible assets | 725 |  |  | 725 |  |  | 1,450 |  |  | 1,450 |
Depreciation | 113 |  |  | 111 |  |  | 226 |  |  | 228 |
Stock-based compensation | 1,813 |  |  | 1,748 |  |  | 3,470 |  |  | 3,342 |
Total reconciling items | 7,629 |  |  | 6,854 |  |  | 14,915 |  |  | 13,192 |
Total gross profit | $ | 121,116 |  |  | $ | 102,302 |  |  | $ | 241,680 |  |  | $ | 202,031 |
Schedule of Revenue by Region | The following table summarizes the revenue by region based on the billing address of the Company’s customers (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
North America | $ | 77,271 |  |  | $ | 71,814 |  |  | $ | 154,492 |  |  | $ | 143,521 |
Europe, Middle East, Africa | 58,912 |  |  | 54,540 |  |  | 120,269 |  |  | 109,091 |
Asia Pacific | 44,334 |  |  | 39,342 |  |  | 89,212 |  |  | 77,501 |
Latin America | 13,843 |  |  | 12,544 |  |  | 27,233 |  |  | 24,557 |
Total revenue | $ | 194,360 |  |  | $ | 178,240 |  |  | $ | 391,206 |  |  | $ | 354,670 |
Schedule of Long-lived Assets by Region | The following table presents the Company’s long-lived assets, which consist of tangible property and equipment, net of depreciation, and operating lease ROU assets, by geographic region (in thousands):
| June 30, |  | December 31,
| 2024 |  | 2023
United States | $ | 10,555 |  |  | $ | 7,007 |
Rest of world | 6,031 |  |  | 3,109 |
Total long-lived assets | $ | 16,586 |  |  | $ | 10,116 |

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