Segment Reporting, Geographic Information, and Concentration of Credit Risk (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Information Regarding Net Revenue and Gross Profit by Segment

Net revenue and gross profit information by segment for the three months ended March 31, 2024 and 2023 are as follows (in thousands):

	Three Months Ended March 31,
	2024			2023
Identity:
Net revenue	$	12,835		$	14,678
Gross profit		2,834			3,079
Gross profit margin		22	%		21	%
Premises:
Net revenue		9,659			11,319
Gross profit		5,558			6,132
Gross profit margin		58	%		54	%
Total:
Net revenue		22,494			25,997
Gross profit		8,392			9,211
Gross profit margin		37	%		35	%
Operating expenses:
Research and development		3,011			2,707
Selling and marketing		5,302			6,097
General and administrative		4,252			2,948
Restructuring and severance		22			191
Total operating expenses:		12,587			11,943
Loss from operations		(4,195	)		(2,732	)
Non-operating income (expense):
Interest expense, net		(87	)		(50	)
Foreign currency gains (losses), net		(256	)		89
Loss before income tax provision	$	(4,538	)	$	(2,693	)

Information Regarding Net Revenue by Geographic Region

Geographic Information

Geographic net revenue is based on the customer’s ship-to location. Information regarding net revenue by geographic region for the three months ended March 31, 2024 and 2023 is as follows (in thousands):

	Three Months Ended March 31,
	2024			2023
Americas	$	16,504		$	21,628
Europe and the Middle East		3,998			2,984
Asia-Pacific		1,992			1,385
Total	$	22,494		$	25,997
As percentage of net revenue:
Americas		73	%		83	%
Europe and the Middle East		18	%		12	%
Asia-Pacific		9	%		5	%
Total		100	%		100	%

Long-Lived Assets by Geographic Location

Long-lived assets by geographic location as of March 31, 2024 and December 31, 2023 are as follows (in thousands):

	March 31, 2024		December 31, 2023
Property and equipment, net:
Americas	$	667	$	711
Europe and the Middle East		500		519
Asia-Pacific		7,665		8,090
Total property and equipment, net	$	8,832	$	9,320
Operating lease ROU assets:
Americas	$	2,623	$	2,836
Europe and the Middle East		316		371
Asia-Pacific		1,817		2,007
Total operating lease right-of-use assets	$	4,756	$	5,214