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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2025
Text Block [Abstract]  
Percentage by Geographic Area or Significant Customers

The following table represents the Company’s total revenue by customers’ geographic locations:

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Revenue by customers' geographic locations:

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

 

49

%

 

 

49

%

 

 

49

%

 

 

49

%

Europe

 

 

38

%

 

 

38

%

 

 

36

%

 

 

36

%

APAC/Other

 

 

13

%

 

 

13

%

 

 

15

%

 

 

15

%

Total revenue

 

 

100

%

 

 

100

%

 

 

100

%

 

 

100

%

Schedule of Information about Reportable Segments

The following table presents the Company’s significant segment expenses which are regularly provided to the CODM for the single reportable segment:

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Total revenue

 

$

182,366

 

 

$

158,839

 

 

$

351,538

 

 

$

312,021

 

Costs and operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Cost of goods sold

 

 

91,224

 

 

 

77,314

 

 

 

169,639

 

 

 

153,705

 

Research and development

 

 

13,958

 

 

 

10,575

 

 

 

26,882

 

 

 

21,813

 

Sales and marketing

 

 

26,666

 

 

 

24,977

 

 

 

50,622

 

 

 

48,212

 

General and administrative

 

 

36,622

 

 

 

40,504

 

 

 

83,921

 

 

 

79,072

 

Total costs and operating expenses

 

 

168,470

 

 

 

153,370

 

 

 

331,064

 

 

 

302,802

 

Other income, net

 

 

4,319

 

 

 

3,558

 

 

 

5,684

 

 

 

3,503

 

Income tax provision

 

 

3,349

 

 

 

3,314

 

 

 

5,462

 

 

 

3,713

 

Net income

 

$

14,866

 

 

$

5,713

 

 

$

20,696

 

 

$

9,009