Segment and Geographic Information

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Segment and Geographic Information

Segment and Geographic Information

Disclosure requirements about segments of an enterprise and related information establishes standards for reporting information regarding operating segments in annual financial statements and requires selected information of those segments to be presented in interim financial reports issued to shareholders. The Company’s chief operating decision maker (“CODM”) is the Chief Executive Officer. The Company and the CODM view the Company’s operations and manage its business as one operating segment. Operating segments are defined as components of an enterprise about which separate discrete financial information is available that is evaluated regularly by the CODM in deciding how to allocate resources and in assessing performance. The Company’s CODM assesses the Company’s performance and evaluates the allocation of resources on a consolidated basis. There is no expense or asset information, other than those included in the reconciliation below or disclosed in the consolidated financial statements, that are regularly provided to the CODM. The allocation of resources and assessment of performance of the operating segment is based on consolidated net income (loss). The CODM considers consolidated net income (loss) in evaluating the results of the Company, making decisions about the Company’s resource allocation, and in the forecasting process. Since the Company operates as one operating segment, segment asset information can be found in the consolidated financial statements. Significant segment expenses and other segment information were as follows:

	For the Year Ended
	December 31,
	2024		2023		2022
Revenue	$	376,815	$	307,675	$	254,316
Less:
Cost of revenue (a)	62,026		50,901		47,429
Sales (a)	66,175		52,344		38,505
Marketing (a)	70,458		70,439		85,565
Research and development (a)	74,175		55,229		40,079
General and administrative (a)	58,181		67,121		58,574
Other segment items (b)	37,492		19,308		20,537
Other income, net	(12,094)		(12,313)		(3,456)
Provision for income taxes	13,027		3,696		931
Net income (loss)	$	7,375	$	950	$	(33,848)

(a) Excludes stock-based compensation, amortization of acquired intangible assets, restructuring, and acquisition-related costs.

(b) Other segments items include those noted in (a) above.

Geographic Data

The Company allocates, for the purpose of geographic data reporting, its revenue based upon the location of the customer. Total revenue by geographic area was as follows:

	For the Year Ended
	December 31,
	2024		2023		2022
Revenue:
United States	$	170,732	$	146,408	$	119,775
United Kingdom	34,375		30,044		25,669
Other	171,708		131,223		108,872
Total revenue	$	376,815	$	307,675	$	254,316

Property and equipment, net by geographic location consists of the following:

	As of December 31,
	2024		2023
Property and equipment, net:
United States	$	2,960	$	3,231
Netherlands	1,775		1,781
Spain	862		807
Serbia	202		278
Other	735		589
Total assets	$	6,534	$	6,686