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Revenues (Tables) | 12 Months Ended
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Dec. 31, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following table presents the Company’s revenue disaggregated by solution (in thousands):
| For the Years Ended December 31,
| 2024 |  | 2023
B2 Cloud Storage | $ | 63,335 |  |  | $ | 46,427 |
Computer Backup | 64,293 |  |  | 55,592 |
Total revenue(1) | $ | 127,628 |  |  | $ | 102,019 |
________________ (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,
| 2024 |  | 2023
Consumption-based arrangements | $ | 61,459 |  |  | $ | 45,771 |
Subscription-based arrangements | 65,658 |  |  | 55,679 |
Physical Media (point in time) | 511 |  |  | 569 |
Total revenue | $ | 127,628 |  |  | $ | 102,019 |
Schedule of Revenue by Geographic Area | 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,
| 2024 |  | 2023
United States | $ | 94,323 |  |  | $ | 73,262 |
United Kingdom | 6,703 |  |  | 5,463 |
Canada | 5,757 |  |  | 5,027 |
Other | 20,845 |  |  | 18,267 |
Total revenue | $ | 127,628 |  |  | $ | 102,019 |
Schedule of Contract with Customer, Contract Asset, Contract Liability, and Receivable | The following table presents information regarding the Company’s deferred revenue (in thousands):
|  | December 31,
|  | 2024 |  | 2023
Deferred revenue |  | $35,554 |  | $30,049
|  | For the Years Ended December 31
|  | 2024 |  | 2023
Total revenue recognized, included in each deferred revenue balance at the beginning of each respective period |  | $26,076 |  | $22,983
Schedule of Deferred Contract Costs | The following table presents the Company’s amortization of deferred contract costs (in thousands):
|  | December 31,
|  | 2024 |  | 2023
Deferred contract costs for affiliates |  | $ | 542 |  |  | $ | 489 |
Deferred contract costs for sales commissions |  | 972 |  |  | — |
|  | For the Years Ended December 31
|  | 2024 |  | 2023
Amortization of deferred contract costs related to affiliates |  | $ | 1,142 |  |  | $ | 978 |
Amortization of deferred contract costs related to sales commissions |  | 126 |  |  | — |

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