Segment Reporting and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2020

Information Regarding Net Revenue and Gross Profit by Segment

Net revenue and gross profit information by segment for the years ended December 31, 2020 and 2019 are as follows (in thousands):

	Year Ended December 31,
	2020			2019
Identity:
Net revenue	$	52,742		$	42,176
Gross profit		14,781			14,570
Gross profit margin		28	%		35	%
Premises:
Net revenue		34,178			41,579
Gross profit		18,900			22,084
Gross profit margin		55	%		53	%
Total:
Net revenue		86,920			83,755
Gross profit		33,681			36,654
Gross profit margin		39	%		44	%
Operating expenses:
Research and development		9,781			8,616
Selling and marketing		17,270			18,138
General and administrative		8,623			9,445
Increase (decrease) in fair value of earnout liability		(261	)		550
Restructuring and severance		1,716			14
Total operating expenses:		37,129			36,763
Loss from operations		(3,448	)		(109	)
Non-operating income (expense):
Interest expense, net		(1,462	)		(917	)
Gain on sale of investment		—			142
Foreign currency gains (losses), net		(122	)		59
Loss before income tax provision	$	(5,032	)	$	(825	)

Information Regarding Net Revenue by Geographic Region

Geographic net revenue is based on the customer’s ship-to location. Information regarding net revenue by geographic region is as follows (in thousands):

	Year Ended December 31,
	2020			2019
Americas	$	58,302		$	61,365
Europe and the Middle East		9,497			11,417
Asia-Pacific		19,121			10,973
Total	$	86,920		$	83,755
As percentage of net revenue:
Americas		67	%		73	%
Europe and the Middle East		11	%		14	%
Asia-Pacific		22	%		13	%
Total		100	%		100	%

Long-Lived Assets by Geographic Location

Long-lived assets by geographic location as of December 31, 2020 and 2019 are as follows (in thousands):

	December 31,
	2020		2019
Property and equipment, net:
Americas	$	606	$	839
Europe and the Middle East		73		55
Asia-Pacific		2,148		1,148
Total property and equipment, net	$	2,827	$	2,042

Operating lease ROU assets:
Americas	$	2,100	$	4,265
Europe and the Middle East		224		105
Asia-Pacific		1,081		259
Total property and equipment, net	$	3,405	$	4,629