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Revenue from Contracts with Customers (Tables)
 3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Revenues disaggregated by geography, major product line and timing of revenue recognition
The following tables present the Company’s revenues disaggregated by major products and services, geographical region and timing of revenue recognition:
Revenue by major products and services
Three Months Ended March 31,
20232022
(In thousands)
Subscription $29,956 $23,269 
Maintenance and support11,161 11,946 
Professional services and other (1)1,624 1,881 
Hardware products14,866 15,351 
Total Revenue$57,607 $52,447 
(1)Professional services & other includes perpetual software licenses revenue, which was less than 2% of total revenue for the three months ended March 31, 2023 and 2022.
Revenue by location of customer for the Three Months Ended March 31, 2023 and 2022
We classify our sales by customer location in three geographic regions: 1) EMEA, which includes Europe, Middle East and Africa; 2) the Americas, which includes North, Central, and South America; and 3) Asia Pacific (APAC), which includes Australia, New Zealand, and India. The breakdown of revenue in each of our major geographic areas was as follows:
Three Months Ended March 31,
20232022
(In thousands, except percentages)
Revenue
EMEA$27,820 $24,876 
Americas20,498 17,249 
APAC9,289 10,322 
Total revenue$57,607 $52,447 
% of Total Revenue
EMEA48 %47 %
Americas36 %33 %
APAC16 %20 %
Timing of revenue recognition
Three Months Ended March 31,
(In thousands)20232022
Products and Licenses transferred at a point in time$33,146 $29,485 
Services transferred over time24,461 22,962 
Total Revenue$57,607 $52,447 
Schedule of changes in contract assets and contract liabilities
The following table provides information about receivables, contract assets and contract liabilities from contracts with customers as of March 31, 2023 and December 31, 2022:
March 31,December 31,
(In thousands)20232022
Receivables, inclusive of trade and unbilled$32,285 $65,132 
Contract Assets (current and non-current)$4,410 $4,642 
Contract Liabilities (Deferred Revenue current and non-current)$59,787 $70,906 
Schedule of estimated revenue expected to be recognized in the future The following
table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of March 31, 2023:
(In thousands)202320242025Beyond 2025Total
Future revenue related to current unsatisfied performance obligations$28,964 $21,958 $9,470 $5,764 $66,156 
Schedule of information related to the capitalized costs and amortization recognized in the current and prior period
The following tables provide information related to the capitalized costs and amortization recognized in the current and prior period:
(In thousands)March 31, 2023December 31, 2022
Capitalized costs to obtain contracts, current$3,011 $2,929 
Capitalized costs to obtain contracts, non-current$10,295 $10,571 
Three Months Ended March 31,
(In thousands)20232022
Amortization of capitalized costs to obtain contracts$731 $541 
Impairments of capitalized costs to obtain contracts$— $—