Segment Information

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company’s businesses are based on the organizational structure used by the chief operating decision maker (“CODM”) for making operating and investment decisions and for assessing performance. The CODM views the Company as one segment: Cloud Fax.

The Company’s Cloud Fax business is driven primarily by subscription revenues.

The Company evaluates performance based on revenue, gross margin and profit or loss from operations before income taxes, not including nonrecurring gains and losses and foreign exchange gains and losses.

The Company maintains operations in the U.S., Canada, Ireland and other countries. Geographic information about the U.S. and all other countries for the reporting periods is presented below. Such information attributes revenues based on markets where revenues are reported (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Revenues:
United States	$	69,199	$	73,569	$	138,911	$	145,882
Canada	13,254		13,118		26,373		25,952
Ireland	3,037		3,818		6,211		7,760
All other countries	2,010		2,287		4,151		4,652
Foreign countries	18,301		19,223		36,735		38,364
Total	$	87,500	$	92,792	$	175,646	$	184,246

The following presents the Company’s long-lived assets by geographic region, which consist of property and equipment, net and operating lease right-of-use assets (in thousands):

	June 30, 2024		December 31, 2023
Long-lived assets:
United States	$	97,616	$	87,378
Canada	48		196
Ireland	202		250
All other countries	89		138
Foreign countries	339		584
Total	$	97,955	$	87,962