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Segment and geographic information
9 Months Ended
Sep. 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 September 30,Nine Months Ended September 30,
2024202320242023
Revenue
Enterprise$126,123 $109,101 $364,319 $305,962 
Consumer69,294 75,621 222,304 233,430 
Total revenue195,417 184,722 586,623 539,392 
Segment cost of revenue
Enterprise33,330 34,784 99,644 101,603 
Consumer31,684 35,371 99,981 107,999 
Total segment cost of revenue65,014 70,155 199,625 209,602 
Segment gross profit
Enterprise92,793 74,317 264,675 204,359 
Consumer37,610 40,250 122,323 125,431 
Total segment gross profit130,403 114,567 386,998 329,790 
Reconciliation of segment gross profit to gross profit
Amortization of capitalized software5,014 4,494 14,783 12,667 
Amortization of intangible assets430 725 1,880 2,175 
Depreciation97 102 323 329 
Stock-based compensation1,807 1,788 5,277 5,130 
Total reconciling items7,348 7,109 22,263 20,301 
Total gross profit$123,055 $107,458 $364,735 $309,489 

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 September 30,Nine Months Ended September 30,
2024202320242023
North America$77,732 $73,787 $232,224 $217,308 
Europe, Middle East, Africa57,809 55,048 178,078 164,139 
Asia Pacific46,214 42,505 135,426 120,006 
Latin America13,662 13,382 40,895 37,939 
Total revenue$195,417 $184,722 $586,623 $539,392 
During the three months ended September 30, 2024 and 2023, as well as the nine months ended September 30, 2024, revenue from the United States and Japan each exceeded 10% of the Company’s total revenue. During the nine months ended September 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):
September 30,December 31,
20242023
United States
$9,602 $7,007 
Rest of world5,552 3,109 
Total long-lived assets$15,154 $10,116