Geographic Information and Major Customer Data

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Geographic Information and Major Customer Data

GEOGRAPHIC INFORMATION AND MAJOR CUSTOMER DATA

Summary information about geographic areas:

ASC 280, “Segment Reporting,” establishes standards for reporting information about operating segments. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. The Company manages its business on the basis of one reportable segment and unit and derives revenues mainly from subscription licensing, SaaS revenues and maintenance and services fees (see Note 1 for a brief description of the Company’s business). The following is a summary of revenues within geographic areas (in thousands):

 

	Three Months Ended March 31,
	2024		2023
	(unaudited)
Revenues based on customer’s location:
North America	$	86,156	$	81,249
EMEA	24,153		22,918
Rest of World	3,713		3,168
Total revenues	$	114,022	$	107,335

For the three months ended March 31, 2024 and 2023, respectively, there were no sales to a single customer exceeding 10% of total revenues.

The following is a summary of long-lived assets, including property and equipment, net and operating lease right-of-use assets, within geographic areas (in thousands):

	As of		As of
	March 31, 2024		December 31, 2023
	(unaudited)
Long-lived assets by geographic region:
United States	$	34,394	$	35,791
Israel	32,061		34,755
Ireland	12,737		13,240
Other	1,761		2,016
	$	80,953	$	85,802