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Revenue (Tables)
9 Months Ended
Sep. 30, 2022
Revenue  
Revenues disaggregated by geography, major product line and timing of revenue recognition

Three months Ended

Nine months Ended

September 30, 2022

September 30, 2021

September 30, 2022

September 30, 2021

Subscription (1)

$

22,262

$

17,807

$

65,360

$

49,935

Maintenance and support

12,851

12,734

36,975

38,291

Professional services and other (2)

2,220

3,827

6,101

12,075

Hardware products

19,814

17,908

53,948

55,027

Total Revenue

$

57,147

$

52,276

$

162,384

$

155,328

(1)Subscription includes cloud and on-premises subscription revenue, previously referred to as “subscription” and “term-based software licenses”, respectively.
(2)Professional services & other includes perpetual software licenses revenue which was less than 3% of total revenue for both the three and nine months ended September 30, 2022, and less than 6% of total revenue for both the three and nine months ended September 30, 2021.

Revenue by location of customer for the three months ended September 30, 2022 and 2021

EMEA

    

Americas

    

APAC

    

Total

Total Revenue:

 

  

 

  

 

  

 

2022

$

25,999

$

20,394

$

10,754

$

57,147

2021

$

21,965

$

17,621

$

12,690

$

52,276

Percent of Total:

 

 

 

 

2022

 

45

%  

 

36

%  

 

19

%  

 

100

%

2021

 

42

%  

 

34

%  

 

24

%  

 

100

%

Revenue by location of customer for the nine months ended September 30, 2022 and 2021

    

EMEA

    

Americas

    

APAC

    

Total

 

Total Revenue:

 

  

 

  

 

  

 

  

2022

$

74,396

$

56,972

$

31,016

$

162,384

2021

$

73,784

$

51,160

$

30,384

$

155,328

Percent of Total:

 

  

 

  

 

  

 

  

2022

 

46

%  

 

35

%  

 

19

%  

 

100

%

2021

 

48

%  

 

32

%  

 

20

%  

 

100

%

Timing of revenue recognition

Three Months ended September 30,

Nine Months ended September 30,

(In thousands)

2022

    

2021

2022

2021

Products and Licenses transferred at a point in time

$

31,280

$

28,193

$

89,496

$

85,016

Services transferred over time

25,867

24,083

72,888

70,312

Total Revenue

$

57,147

$

52,276

$

162,384

$

155,328

Schedule of changes in contract assets and contract liabilities

September 30,

December 31,

(In thousands)

2022

2021

Receivables, inclusive of trade and unbilled

$

43,736

$

56,612

Contract Assets (current and non-current)

$

4,712

$

4,889

Contract Liabilities (Deferred Revenue current and non-current)

$

50,814

$

63,742

Schedule of estimated revenue expected to be recognized in the future

(In thousands)

2022

2023

2024

Beyond 2024

Total

Future revenue related to current unsatisfied performance obligations

$

11,238

$

28,617

$

15,823

$

8,375

$

64,053

Schedule of information related to the capitalized costs and amortization recognized in the current and prior period

(In thousands)

September 30, 2022

December 31, 2021

Capitalized costs to obtain contracts, current

$

2,632

$

2,134

Capitalized costs to obtain contracts, non-current

$

9,665

$

8,675

Three months ended September 30,

Nine months ended September 30,

(In thousands)

2022

2021

2022

2021

Amortization of capitalized costs to obtain contracts

$

641

$

419

$

1,731

$

1,090

Impairments of capitalized costs to obtain contracts

$

$

$

$