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

17. Segment and Geographical Area Information

Segment Information

Operating segments are defined as components of an entity for which separate financial information is available and is regularly reviewed by the Chief Operating Decision Maker (“CODM”) in deciding how to allocate resources to an individual segment and in assessing performance. The Company’s Chief Executive Officer is the Company’s CODM. The CODM reviews financial information presented on a consolidated basis for purposes of making operating decisions, allocating resources, and evaluating financial performance.

As such, the Company has determined that it operates as one operating segment.

Geographical Area Information

The table below summarizes the Company’s long-lived assets, which are comprised of property, equipment and operating lease right-of-use assets, net of accumulated depreciation, by geographical area:

 

 

 

June 30, 2024

 

 

December 31, 2023

 

United States

 

$

1,303

 

 

$

18,883

 

Europe

 

 

1,608

 

 

 

1,783

 

Total

 

$

2,911

 

 

$

20,666

 

(See Note 4 – Revenue for the Company’s revenues disaggregated by geography).

 

The change in the Company’s long-lived assets as of June 30, 2024 is primarily due to the write-off of leasehold improvements in connection with the termination of one of the Company’s office leases (see Note 10 - Leases).