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Segment Information
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Segment Information

(16) Segment Information

The Company manages its business in one reportable operating segment. The Company’s one reportable operating segment is engaged in the design, development, marketing, and sales of its software platform through licensing arrangements and cloud subscriptions and related services. The following table presents total revenues, gross profit, and long-lived assets (in thousands) according to geographic region. Long-lived assets are comprised of right-of-use assets and property and equipment, net.

 

Geographic regions:

 

U.S.

 

 

EMEA

 

 

Other Regions

 

 

Consolidated

 

Year ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

284,174

 

 

$

155,914

 

 

$

56,173

 

 

$

496,261

 

Gross profit

 

$

222,952

 

 

$

123,510

 

 

$

39,855

 

 

$

386,317

 

Year ended December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

294,697

 

 

$

152,614

 

 

$

51,953

 

 

$

499,264

 

Gross profit

 

$

240,048

 

 

$

120,162

 

 

$

36,065

 

 

$

396,275

 

Year ended December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

282,444

 

 

$

171,140

 

 

$

57,178

 

 

$

510,762

 

Gross profit

 

$

236,646

 

 

$

139,704

 

 

$

42,503

 

 

$

418,853

 

As of December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

Long-lived assets

 

$

75,004

 

 

$

3,937

 

 

$

7,343

 

 

$

86,284

 

As of December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Long-lived assets

 

$

83,279

 

 

$

6,466

 

 

$

3,865

 

 

$

93,610

 

 

The EMEA region includes operations in Europe, the Middle East, and Africa. The other regions include all other foreign countries, generally comprising Latin America, the Asia Pacific region, and Canada. For the years ended December 31, 2023, 2022, and 2021, no individual foreign country accounted for 10% or more of total consolidated revenues.

For the years ended December 31, 2023, 2022, and 2021, no individual customer accounted for 10% or more of total consolidated revenues.

As of December 31, 2023 and 2022, no individual foreign country accounted for 10% or more of total consolidated assets.