v3.25.1
Geographic and segment information:
3 Months Ended
Mar. 31, 2025
Geographic and segment information:  
Geographic and segment information:

9.  Geographic and segment information:

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (“CODM”) in deciding how to allocate resources and in assessing the Company’s performance. The Company’s Chief Executive officer and Chairman, Dave Schaeffer is the Company’s CODM. The Company has one operating segment. The consolidated operating segment financial information regularly reviewed by the CODM, inclusive of assets, revenue, expenses, profit or loss, and noncash items are included in the Condensed Consolidated Statements of Comprehensive Income (Loss), Condensed Consolidated Balance Sheets, and Condensed Consolidated Statements of Cash Flows.

Revenues are attributed to regions based on where the services are provided. Below are the Company’s service revenues and long-lived assets by geographic region - including property plant and equipment and excluding intangible assets (in thousands):

Three Months Ended March 31, 2025

Revenues

    

On-net IP

    

Off-net IP

    

Wavelength

    

Non-core

    

Total

North America

$

99,080

$

101,020

$

6,891

$

2,939

$

209,930

Europe

 

23,769

4,962

216

52

28,999

South America

1,763

208

8

1,979

Oceania

4,904

1,058

12

28

6,002

Africa

112

26

138

Total

$

129,628

$

107,274

$

7,119

$

3,027

$

247,048

Three Months Ended March 31, 2024

Revenues

    

On-net IP

    

Off-net IP

    

Wavelengths

    

Non-core

    

Total

North America

$

108,694

$

111,019

$

3,327

$

5,879

$

228,919

Europe

23,641

5,339

121

29,101

Oceania

4,380

1,561

30

5,971

South America

1,748

235

9

1,992

Africa

161

24

185

Total

$

138,624

$

118,178

$

3,327

$

6,039

$

266,168

March 31, 

December 31, 

    

2025

    

2024

Long-lived assets, net

North America

$

2,058,310

$

1,579,495

Europe and other

 

168,942

158,854

Total

$

2,227,252

$

1,738,349

The majority of North American revenue consists of services delivered within the United States.