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Geographic Information and Major Customer Data
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Geographic Information and Major Customer Data GEOGRAPHIC INFORMATION AND MAJOR CUSTOMER DATA
 
ASC No. 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 ("CODM") 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 SaaS revenues, term license subscriptions and maintenance and services fees (see Note 1 for a brief description of the Company’s business and revenue recognition).

The CODM of the Company is the Chief Executive Officer. The CODM assesses the performance of the Company and decides how to allocate resources based upon consolidated net loss that is also reported within the condensed consolidated statements of operations. The measure of segment assets that is reviewed by the CODM is reported within the condensed consolidated balance sheets as consolidated total assets. The CODM uses consolidated net loss to monitor period-over-period results and decides where to allocate and invest additional resources within the business to continue growth.

The following is a summary of the significant expense categories and consolidated net loss details provided to the CODM (in thousands):

 Three Months Ended
September 30,
Nine Months Ended
September 30,
 2025202420252024
 (unaudited)(unaudited)
Total revenues$161,577 $148,068 $450,163 $392,436 
Less:
Stock based compensation
31,550 31,931 97,664 94,113 
Other segment items (*)159,969 134,470 454,048 381,094 
Net loss$(29,942)$(18,333)$(101,549)$(82,771)

(*) Other segment expense items included within net loss include payroll, financial income, net (inclusive of interest income of $12,336 and $37,735 for the three and nine months ended September 30, 2025, respectively and $10,615 and $29,117 for the three and nine months ended September 30, 2024, respectively, and interest expense of $1,535 and $5,412 for the three and nine months ended September 30, 2025, respectively, and $1,046 and $2,628 for the three and nine months ended September 30, 2024, respectively), marketing activities, overhead and depreciation ($2,664 and $7,456 for the three and nine months ended September 30, 2025, respectively, and $2,394 and $7,399 for the three and nine months ended September 30, 2024, respectively), travel and entertainment, income taxes, information technology and communication, department activities, amortization of acquired intangibles and other miscellaneous expenses. See the condensed consolidated financial statements for other financial information regarding the Company’s operating segment.

The following is a summary of revenues within geographic areas (in thousands):
 
 Three Months Ended
September 30,
Nine Months Ended
September 30,
 2025202420252024
 (unaudited)(unaudited)
Revenues based on customer’s location:  
United States$118,190 $111,602 $320,132 $284,390 
EMEA
31,295 27,991 92,589 81,214 
Rest of the World12,092 8,475 37,442 26,832 
Total revenues$161,577 $148,068 $450,163 $392,436 
    
During the three and nine months ended September 30, 2025 and 2024, respectively, there were no revenues to a single customer exceeding 10% of the Company's 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 ofAs of
 September 30, 2025December 31, 2024
 (unaudited) 
Long-lived assets by geographic region:  
Israel$51,575 $32,026 
United States31,730 31,725 
Ireland9,798 11,326 
Other796 1,311 
 $93,899 $76,388