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Revenue from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 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:
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
(In thousands)
Subscription$22,985 $19,829 $52,941 $43,098 
Maintenance and support11,603 12,178 22,764 24,124 
Professional services and other (1)1,499 2,000 3,123 3,881 
Hardware products19,646 18,783 34,512 34,134 
Total Revenue$55,733 $52,790 $113,340 $105,237 
(1) Professional services & other includes perpetual software licenses revenue, which was less than 2% of total revenue for the three and six months ended June 30, 2023 and 2022, respectively.
Revenue by location of customer for the Three and Six Months Ended June 30, 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 June 30,Six Months Ended June 30,
2023202220232022
(In thousands, except percentages)
Revenue
EMEA$26,539 $23,521 $54,359 $48,397 
Americas18,331 19,329 38,829 36,578 
APAC10,863 9,940 20,152 20,262 
Total revenue$55,733 $52,790 $113,340 $105,237 
% of Total Revenue
EMEA48 %44 %48 %46 %
Americas33 %37 %34 %35 %
APAC19 %19 %18 %19 %

Timing of revenue recognition
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2023202220232022
Products and Licenses transferred at a point in time$30,583 $28,731 $63,729 $58,216 
Services transferred over time25,150 24,059 49,611 47,021 
Total Revenue$55,733 $52,790 $113,340 $105,237 
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 June 30, 2023 and December 31, 2022:
June 30,December 31,
(In thousands)20232022
Receivables, inclusive of trade and unbilled$38,154 $65,132 
Contract Assets (current and non-current)$5,708 $4,642 
Contract Liabilities (Deferred Revenue current and non-current)$57,281 $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 June 30, 2023:
(In thousands)202320242025Beyond 2025Total
Future revenue related to current unsatisfied performance obligations$21,056 $24,663 $11,922 $7,028 $64,669 
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)June 30, 2023December 31, 2022
Capitalized costs to obtain contracts, current$3,112 $2,929 
Capitalized costs to obtain contracts, non-current$10,086 $10,571 
Three Months Ended June 30,
(In thousands)20232022
Amortization of capitalized costs to obtain contracts$754 $555 
Impairments of capitalized costs to obtain contracts$— $—