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Segment Information
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Segment Information

Note 16. Segment Information

The Company operates as one operating segment. Operating segments are defined as components of an enterprise for which separate financial information is evaluated regularly by the chief operating decision-maker (“CODM”), consisting of the Company’s chief executive officer and the Company’s chief technology officer as a group, in deciding how to allocate resources and assess the Company’s financial and operational performance. In addition, the Company’s CODM evaluates the Company’s financial information and resources and assesses the performance of these resources on a consolidated basis. As a result, the Company has determined that the Company’s business operates in a single operating segment. Since the Company operates as one operating segment, all required financial segment information can be found in the condensed consolidated financial statements.

Long-Lived Assets

The following table sets forth the Company’s property and equipment, net by geographic region (in thousands):

 

 

June 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

North America

 

$

7,948

 

 

$

8,675

 

Asia

 

 

4,207

 

 

 

3,439

 

Total

 

$

12,155

 

 

$

12,114