Revenue from Contracts with Customers

6 Months Ended

Jun. 30, 2022

Revenue from Contract with Customer [Abstract]

Revenue from Contracts with Customers

(2)Revenue from Contracts with Customers

Deferred Revenue and Remaining Performance Obligations

The amount of revenue recognized in the six months ended June 30, 2022 that was included in deferred revenue as of December 31, 2021 was $56.7 million.

As of June 30, 2022 and December 31, 2021, unrecognized transaction price related to remaining performance obligations was $227.6 million and $170.1 million, respectively. The Company’s remaining performance obligations as of June 30, 2022 and December 31, 2021 are expected to be recognized as follows (in thousands):

	As of June 30, 2022		As of December 31, 2021
Less than or equal to 12 months	$	170,173	$	137,266
Greater than 12 months		57,413		32,868
Total remaining performance obligations	$	227,586	$	170,134

Disaggregation of Revenue

The following table shows the Company’s disaggregation of revenue by geographic areas, as determined based on the billing address of its customers (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
United States	$	35,475	$	25,333	$	68,996	$	46,361
International		22,655		13,921		42,199		26,003
Total revenue	$	58,130	$	39,254	$	111,195	$	72,364

Deferred Commissions

Commissions paid upon the initial acquisition of a contract are deferred and then amortized on a straight-line basis over a period of benefit, determined to be five years. The following table represents a rollforward of the Company’s deferred commissions for the three and six months ended June 30, 2022 and 2021 (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2022			2021			2022			2021
Beginning balance	$	31,075		$	20,709		$	28,685		$	19,440
Additions to deferred commissions		4,836			5,812			9,257			8,504
Amortization of deferred commissions		(2,331	)		(1,564	)		(4,362	)		(2,987	)
Ending balance		33,580			24,957			33,580			24,957
Deferred commissions, current portion		9,703			7,016			9,703			7,016
Deferred commissions, net of current portion		23,877			17,941			23,877			17,941
Total deferred commissions	$	33,580		$	24,957		$	33,580		$	24,957