Geographic Information and Major Customer Data

6 Months Ended

Jun. 30, 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 June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
	(unaudited)				(unaudited)
Revenues based on customer’s location:
North America	$	95,566	$	84,514	$	181,722	$	165,763
EMEA (*)	29,070		27,227		53,223		50,145
Rest of World	5,710		3,677		9,423		6,845
Total revenues	$	130,346	$	115,418	$	244,368	$	222,753

    

(*) Revenues to customers in France accounted for 10.1% and 11.3% of total revenues for the three months ended June 30, 2024 and 2023, respectively.

For the three and six months ended June 30, 2024 and 2023, respectively, there were no revenues 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
	June 30, 2024		December 31, 2023
	(unaudited)
Long-lived assets by geographic region:
United States	$	33,338	$	35,791
Israel	30,152		34,755
Ireland	12,228		13,240
Other	1,566		2,016
	$	77,284	$	85,802