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Segment and geographic information
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Segment and geographic information
12. Segment and geographic information
The Company’s Chief Executive Officer is its CODM. The CODM reviews separate financial information presented for the Company’s two segments, Enterprise and Consumer, in order to allocate resources and evaluate the Company’s financial performance.
Financial information for each reportable segment was as follows (in thousands):
Three Months Ended March 31,
20242023
Revenue
Enterprise$117,640 $95,242 
Consumer79,206 81,188 
Total revenue196,846 176,430 
Segment cost of revenue
Enterprise32,998 32,867 
Consumer35,998 37,496 
Total segment cost of revenue68,996 70,363 
Segment gross profit
Enterprise84,642 62,375 
Consumer43,208 43,692 
Total segment gross profit127,850 106,067 
Reconciliation of segment gross profit to gross profit
Amortization of capitalized software4,791 3,903 
Amortization of intangible assets725 725 
Depreciation113 117 
Stock-based compensation1,657 1,593 
Total reconciling items7,286 6,338 
Total gross profit$120,564 $99,729 

Geographic information
Revenue: The following table summarizes the revenue by region based on the billing address of the Company’s customers (in thousands):
Three Months Ended March 31,
20242023
North America$77,221 $71,707 
Europe, Middle East, Africa61,357 54,551 
Asia Pacific44,878 38,159 
Latin America13,390 12,013 
Total revenue$196,846 $176,430 
During the three months ended March 31, 2024 revenue from the United States and Japan each exceeded 10% of the Company’s total revenue. During the three months ended March 31, 2023, the United States was the only country to exceed 10% of the Company’s total revenue.
Long-lived assets: The following table presents the Company’s long-lived assets, which consist of tangible property and equipment, net of depreciation, and operating lease ROU assets, by geographic region (in thousands):
March 31,December 31,
20242023
North America$5,528 $7,007 
Rest of world2,739 3,109 
Total long-lived assets$8,267 $10,116