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Revenues
3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Deferred Contract Costs
The Company’s amortization of deferred contract costs was $0.3 million and $0.2 million for the three months ended March 31, 2023 and 2022, respectively. The amount of capitalized contract costs was $0.4 million as of March 31, 2023 and December 31, 2022, respectively.
Deferred Revenue
Deferred revenue was $26.5 million and $25.5 million as of March 31, 2023 and December 31, 2022, respectively. Revenue recognized for the three months ended March 31, 2023 and 2022 was $9.3 million and $8.5 million, respectively, which was included in each deferred revenue balance at the beginning of each respective period. The Company’s deferred revenue as stated on its condensed consolidated balance sheets presented approximates its contract liability balance as of March 31, 2023 and December 31, 2022. The Company’s deferred revenue balance as of March 31, 2023, approximates the aggregate amount of the transaction price allocated to remaining performance obligations (“RPOs”) as of that date. Further, as of March 31, 2023, the Company’s deferred revenue, current, balance on its condensed consolidated balance sheet of $23.8 million approximates the expected amount to be recognized from its RPOs as revenue over the next 12 months.
Disaggregation of Revenue
The following table presents the Company’s revenue disaggregated by product (in thousands):
Three Months Ended March 31,
20232022
B2 Cloud Storage
$9,977 $7,036 
Computer Backup
13,417 12,454 
Total revenue(1)
$23,394 $19,490 
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(1) For the periods presented, Physical Media revenue has been consolidated into B2 Cloud Storage or Computer Backup Revenue based on the underlying offering from which it originates.

The following table presents the Company’s revenue disaggregated by timing of revenue recognition (in thousands):
Three Months Ended March 31,
20232022
Consumption-based arrangements
$9,905 $6,987 
Subscription-based arrangements
13,339 12,309 
Physical Media
150 194 
Total revenue
$23,394 $19,490 
Revenue by geographic area, based on the location of the Company’s customers, was as follows (in thousands):
Three Months Ended March 31,
20232022
United States$16,716 $13,982 
United Kingdom1,250 1,084 
Canada1,218 955 
Other4,210 3,469 
Total revenue$23,394 $19,490