v3.25.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of Total Net Revenues

The following table represents total net revenue based on where customers are physically located (in thousands):

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2025

 

 

2024

 

 

 

 

 

North America

 

$

46,984

 

 

$

42,159

 

Europe and Middle East

 

 

13,618

 

 

 

10,961

 

Asia Pacific

 

 

3,299

 

 

 

2,728

 

Total net revenues

 

$

63,901

 

 

$

55,848

 

Schedule of Incremental Disclosure Requirements Related to Adoption of 2023-07

The following table reflects the incremental disclosure requirements related to our adoption of ASU 2023-07 for the following periods (in thousands):

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2025

 

 

2024

 

 

 

 

 

Net revenue

 

$

63,901

 

 

$

55,848

 

Significant segment expenses:

 

 

 

 

 

 

Cost of revenue

 

 

40,534

 

 

 

38,062

 

Sales

 

 

6,024

 

 

 

4,077

 

Marketing

 

 

6,429

 

 

 

4,936

 

Research and development

 

 

3,993

 

 

 

3,902

 

General and administrative

 

 

8,216

 

 

 

5,674

 

Other costs (1)

 

 

(2,831

)

 

 

4,910

 

Operating income (loss)

 

 

1,536

 

 

 

(5,713

)

Reconciliation of segment operating income to net (loss) income:

 

 

 

 

 

 

Interest expense, net

 

 

2,006

 

 

 

150

 

Other non-operating expense, net

 

 

303

 

 

 

370

 

Income tax benefit

 

 

(109

)

 

 

(6,388

)

Net (loss) income

 

$

(664

)

 

$

155

 

 

 

 

 

 

 

 

 

 

(1) Other costs in the three months ended March 31, 2025 include acquisition-related costs and an insurance recovery. Other costs in the three months ended March 31, 2024 include acquisition-related costs.