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Revenues
9 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Deferred Contract Costs
The Company’s amortization of deferred contract costs was $0.2 million for each of the three months ended September 30, 2023 and 2022, and was $0.7 million for each of the nine months ended September 30, 2023 and 2022. The amount of capitalized contract costs was $0.4 million as of both September 30, 2023 and December 31, 2022.
Deferred Revenue

Total deferred revenue was $27.2 million and $25.5 million as of September 30, 2023 and December 31, 2022, respectively. Revenue recognized for the three months ended September 30, 2023 and 2022 was $9.7 million and $9.2 million, respectively, and was $20.5 million and $19.3 million for the nine months ended September 30, 2023 and 2022, 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 September 30, 2023 and December 31, 2022. The Company’s total deferred revenue balance as of September 30, 2023, approximates the aggregate amount of the transaction price allocated to remaining performance obligations (“RPOs”) as of that date. As of September 30, 2023, the Company's RPOs were $29.5 million. This amount includes deferred revenue arising from consideration invoiced for which the related performance obligations have not been satisfied, as well as future committed revenue for periods within current contracts with customers. As of September 30, 2023, the Company expects to recognize approximately 84% of its RPOs over the next 12 months, and substantially all of its RPOs over the next 24 months.
Disaggregation of Revenue
The following table presents the Company’s revenue disaggregated by product (in thousands):
Three Months Ended September 30,
Nine Months Ended September 30,
2023202220232022
B2 Cloud Storage
$11,608 $8,864 $32,384 $23,678 
Computer Backup
13,691 13,187 40,898 38,551 
Total revenue(1)
$25,299 $22,051 $73,282 $62,229 
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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 September 30,
Nine Months Ended September 30,
2023202220232022
Consumption-based arrangements
$11,393 $8,825 $31,986 $23,553 
Subscription-based arrangements
13,774 13,065 40,878 38,168 
Physical Media (point in time)
132 161 418 508 
Total revenue
$25,299 $22,051 $73,282 $62,229 
Revenue by geographic area, based on the location of the Company’s customers, was as follows (in thousands):
Three Months Ended September 30,
Nine Months Ended September 30,
2023202220232022
United States$18,277 $15,802 $52,502 $44,636 
United Kingdom1,373 1,213 3,944 3,434 
Canada1,223 1,133 3,634 3,129 
Other4,426 3,903 13,202 11,030 
Total revenue$25,299 $22,051 $73,282 $62,229