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Segment and geographic information | 6 Months Ended
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Jun. 30, 2024
Segment Reporting [Abstract] |
Segment and geographic information | 12. Segment and geographic information The Company’s Chief Executive Officer is its CODM. The CODM reviews separate financial information presented for the Company’s two segments, Enterprise and Consumer, in order to allocate resources and evaluate the Company’s financial performance. 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 |
Geographic information Revenue: 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 |
During the three and six months ended June 30, 2024, revenue from the United States and Japan each exceeded 10% of the Company’s total revenue. During the three and six months ended June 30, 2023, the United States was the only country to exceed 10% of the Company’s total revenue. Long-lived assets: 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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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards 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