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v3.25.3

Segment Information - Schedule of Sales Details of Customers Locations in Four Geographic Regions (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2025 | Sep. 30, 2024 | Sep. 30, 2025 | Sep. 30, 2024
Segment Information |  |  |  |
Revenue | $ 57,056 | $ 56,242 | $ 180,265 | $ 182,008
Cost of goods sold | 15,053 | 14,694 | 47,204 | 52,724
Gross profit | $ 42,003 | $ 41,548 | $ 133,061 | $ 129,284
Gross margin | 74.00% | 74.00% | 74.00% | 71.00%
Sales and marketing | $ 11,391 | $ 10,138 | $ 34,353 | $ 33,574
Research and development | 8,796 | 7,533 | 26,168 | 24,133
Other segment items | 13,589 | 12,625 | 36,625 | 38,578
Operating income | 8,227 | 11,252 | 35,915 | 32,999
Interest income, net | 388 | 624 | 1,812 | 1,246
Other income (expense), net | (208) | (1,915) | (886) | (1,293)
Income before income taxes | 8,407 | 9,961 | 36,841 | 32,952
Depreciation and amortization of intangible assets |  |  | 7,152 | 6,086
Restructuring and other related charges | 696 | 697 | 1,165 | 3,905
Security Solutions |  |  |  |
Segment Information |  |  |  |
Revenue | 40,322 | 40,837 | 132,270 | 136,728
Depreciation and amortization of intangible assets | 400 | 200 | 700 | 600
Restructuring and other related charges | 100 | 200 | 300 | 1,600
Digital Agreements |  |  |  |
Segment Information |  |  |  |
Revenue | 16,734 | 15,405 | 47,995 | 45,280
Depreciation and amortization of intangible assets | 1,900 | 1,500 | 5,500 | 4,600
Restructuring and other related charges | 0 | 400 | 200 | 1,400
Operating Segments | Security Solutions |  |  |  |
Segment Information |  |  |  |
Revenue | 40,322 | 40,837 | 132,270 | 136,728
Cost of goods sold | 10,325 | 10,320 | 33,365 | 38,108
Gross profit | $ 29,997 | $ 30,517 | $ 98,905 | $ 98,620
Gross margin | 74.00% | 75.00% | 75.00% | 72.00%
Sales and marketing | $ 7,202 | $ 6,303 | $ 21,402 | $ 18,380
Research and development | 5,689 | 3,843 | 15,966 | 11,941
Other segment items | 431 | 171 | 902 | 1,529
Operating income | 16,675 | 20,200 | 60,635 | 66,770
Operating Segments | Digital Agreements |  |  |  |
Segment Information |  |  |  |
Revenue | 16,734 | 15,405 | 47,995 | 45,280
Cost of goods sold | 4,728 | 4,374 | 13,839 | 14,616
Gross profit | $ 12,006 | $ 11,031 | $ 34,156 | $ 30,664
Gross margin | 72.00% | 72.00% | 71.00% | 68.00%
Sales and marketing | $ 3,443 | $ 2,819 | $ 10,313 | $ 11,940
Research and development | 2,917 | 3,671 | 9,510 | 12,118
Other segment items | 1,487 | 1,122 | 3,930 | 3,606
Operating income | 4,159 | 3,419 | 10,403 | 3,000
Corporate And Reconciling Items |  |  |  |
Segment Information |  |  |  |
Revenue | 0 | 0 | 0 | 0
Cost of goods sold | 0 | 0 | 0 | 0
Gross profit | 0 | 0 | 0 | 0
Sales and marketing | 746 | 1,016 | 2,638 | 3,254
Research and development | 190 | 19 | 692 | 74
Other segment items | 11,671 | 11,332 | 31,793 | 33,443
Operating income | $ (12,607) | $ (12,367) | $ (35,123) | $ (36,771)

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