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Net Revenue (Tables)
12 Months Ended
Dec. 31, 2024
Revenues [Abstract]  
Summary of Net Revenue by Major Geographic Region Based on Customers' Location

The following table summarizes net revenue by major geographic region, based on customers’ location (in millions):

 

 

 

Year Ended December 31,

 

 (in thousands)

 

2024

 

 

2023

 

EMEA(1)

 

$

32,593

 

 

$

109,301

 

Americas(2)

 

 

13,132

 

 

 

25,171

 

APAC

 

 

8,289

 

 

 

10,761

 

Total net revenue

 

$

54,014

 

 

$

145,233

 

(1)
Our net revenues generated from Germany and the Czech Republic represented 16.3% and 11.8% of our total net revenue for the year ended December 31, 2024, respectively.
(2)
Our net revenues generated from the United States represented 20.7% of our total net revenue for the year ended December 31, 2024.
Schedule of Summarizes the Changes in Deferred Revenue

The following table summarizes the changes in deferred revenue:

 

 

Year Ended December 31,

 

 (in thousands)

 

2024

 

 

2023

 

Balance at the beginning of the period

 

$

801

 

 

$

1,122

 

Deferral of revenue

 

 

7,585

 

 

 

30,370

 

Recognition of unearned revenue

 

 

(7,217

)

 

 

(30,691

)

Balance at the end of the period

 

$

1,169

 

 

$

801