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Revenue from Contracts with Customers (Tables)
 3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of revenues disaggregated by geography, major product line and timing of revenue recognition
The following tables present the Company’s revenues disaggregated by major products and services, geographical region and timing of revenue recognition.
Revenue by major products and services
Three Months Ended March 31,
(In thousands)20252024
Subscription$43,617 $39,994 
Maintenance and support8,008 10,571 
Professional services and other (1)678 1,702 
Hardware products11,063 12,576 
Total Revenue$63,366 $64,843 
(1) Professional services and other includes perpetual software licenses revenue, which was immaterial for the three months ended March 31, 2025 and approximately 1% of total revenue for the three months ended March 31, 2024.
Revenue by location of customer
We classify our sales by customer location in three geographic regions: 1) EMEA, which includes Europe, Middle East and Africa; 2) the Americas, which includes North, Central, and South America; and 3) Asia Pacific (APAC), which includes Australia, New Zealand, and India. The breakdown of revenue in each of our major geographic areas was as follows:
Three Months Ended March 31,
(In thousands, except percentages)20252024
Revenue
EMEA$31,006 $31,842 
Americas21,095 21,344 
APAC11,265 11,657 
Total revenue$63,366 $64,843 
% of Total Revenue
EMEA49 %49 %
Americas33 %33 %
APAC18 %18 %
Timing of revenue recognition
Three Months Ended March 31,
(In thousands)20252024
Products and licenses transferred at a point in time$37,240 $37,798 
Services transferred over time26,126 27,045 
Total Revenue$63,366 $64,843 
Schedule of changes in contract assets and contract liabilities
The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers as of March 31, 2025 and December 31, 2024:
March 31,December 31,
(In thousands)20252024
Receivables, inclusive of trade and unbilled$29,595 $56,229 
Contract Assets (current and non-current)$10,860 $10,686 
Contract Liabilities (Deferred Revenue current and non-current)$54,783 $70,855 
Schedule of estimated revenue expected to be recognized in the future The following table includes expected revenue to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of March 31, 2025:
(In thousands)202520262027Beyond 2027Total
Future revenue related to current unsatisfied performance obligations$46,735 $34,754 $11,695 $3,243 $96,427 
Schedule of information related to the capitalized costs and amortization recognized in the current and prior period
The following tables provide information related to the capitalized costs and amortization recognized in the current and prior period within "Other current assets" and "Other assets" on the condensed consolidated balance sheets:
(In thousands)March 31, 2025December 31, 2024
Capitalized costs to obtain contracts, current$4,541 $4,478 
Capitalized costs to obtain contracts, non-current$11,960 $12,431 
Three Months Ended March 31,
(In thousands)20252024
Amortization of capitalized costs to obtain contracts$1,167 $884