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Revenues (Tables) | 12 Months Ended
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Dec. 31, 2023
Revenue from Contract with Customer [Abstract] |
Deferred Contract Costs | The following table presents the Company’s amortization of deferred contract costs (in thousands):
|  | For the Years Ended December 31,
|  | 2023 |  | 2022
Amortization of deferred contract costs |  | $978 |  | $892
|  | December 31,
|  | 2023 |  | 2022
Deferred contract costs |  | $489 |  | $418
Deferred Revenue | The following table presents information regarding the Company’s deferred revenue (in thousands):
|  | December 31,
|  | 2023 |  | 2022
Deferred revenue |  | $30,049 |  | $25,523
|  | For the Years Ended December 31,
|  | 2023 |  | 2022
Total revenue recognized, included in each deferred revenue balance at the beginning of each respective period |  | $22,983 |  | $21,764
Disaggregation of Total Revenue | The following table presents the Company’s revenue disaggregated by product (in thousands):
| For the Years Ended December 31,
| 2023 |  | 2022 |  |
B2 Cloud Storage | $ | 46,427 |  |  | $ | 33,202 |  |  |
Computer Backup | 55,592 |  |  | 51,953 |  |  |
Total revenue(1) | $ | 102,019 |  |  | $ | 85,155 |  |  |
________________ (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 total revenue disaggregated by timing of revenue recognition (in thousands):
| For the Years Ended December 31,
| 2023 |  | 2022 |  |
Consumption-based arrangements | $ | 45,771 |  |  | $ | 33,041 |  |  |
Subscription-based arrangements | 55,679 |  |  | 51,431 |  |  |
Physical Media (point in time) | 569 |  |  | 683 |  |  |
Total revenue | $ | 102,019 |  |  | $ | 85,155 |  |  |
Revenue from External Customers by Geographic Areas | Total revenue by geographic area, based on the location of the Company’s customers, was as follows (in thousands):
| For the Years Ended December 31,
| 2023 |  | 2022 |  |
United States | $ | 73,262 |  |  | $ | 60,950 |  |  |
United Kingdom | 5,463 |  |  | 4,652 |  |  |
Canada | 5,027 |  |  | 4,324 |  |  |
Other | 18,267 |  |  | 15,229 |  |  |
Total revenue | $ | 102,019 |  |  | $ | 85,155 |  |  |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph a -SubTopic 10 -Topic 280 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 + Details
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