Segment Information - Schedule of Sales Details of Customers Locations in Four Geographic Regions (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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Segment Information | ||||
Revenue | $ 59,843 | $ 60,924 | $ 123,209 | $ 125,767 |
Cost of goods sold | 15,876 | 20,583 | 32,151 | 38,031 |
Gross profit | $ 43,967 | $ 40,341 | $ 91,058 | $ 87,736 |
Gross margin | 73.00% | 66.00% | 74.00% | 70.00% |
Sales and marketing | $ 11,505 | $ 10,510 | $ 22,962 | $ 23,437 |
Research and development | 9,444 | 8,341 | 17,372 | 16,600 |
Other segment items | 12,512 | 13,853 | 23,036 | 25,952 |
Operating income | 10,506 | 7,637 | 27,688 | 21,747 |
Interest income, net | 732 | 521 | 1,424 | 622 |
Other income (expense), net | (669) | 331 | (678) | 622 |
Income before income taxes | 10,569 | 8,489 | 28,434 | 22,991 |
Depreciation and amortization of intangible assets | 4,585 | 4,145 | ||
Restructuring and other related charges | 48 | 1,711 | 469 | 3,208 |
Security Solutions | ||||
Segment Information | ||||
Revenue | 44,235 | 45,461 | 91,948 | 95,891 |
Depreciation and amortization of intangible assets | 200 | 400 | 200 | 400 |
Restructuring and other related charges | 100 | 300 | 200 | 1,400 |
Digital Agreements | ||||
Segment Information | ||||
Revenue | 15,608 | 15,463 | 31,261 | 29,876 |
Depreciation and amortization of intangible assets | 1,800 | 1,600 | 3,500 | 3,200 |
Restructuring and other related charges | 100 | 1,200 | 200 | 1,300 |
Operating Segments | Security Solutions | ||||
Segment Information | ||||
Revenue | 44,235 | 45,461 | 91,948 | 95,891 |
Cost of goods sold | 11,413 | 14,861 | 23,041 | 27,788 |
Gross profit | $ 32,822 | $ 30,600 | $ 68,907 | $ 68,103 |
Gross margin | 74.00% | 67.00% | 75.00% | 71.00% |
Sales and marketing | $ 7,329 | $ 5,533 | $ 14,201 | $ 12,077 |
Research and development | 5,358 | 4,097 | 10,277 | 8,098 |
Other segment items | 336 | 278 | 471 | 1,357 |
Operating income | 19,799 | 20,692 | 43,958 | 46,571 |
Operating Segments | Digital Agreements | ||||
Segment Information | ||||
Revenue | 15,608 | 15,463 | 31,261 | 29,876 |
Cost of goods sold | 4,463 | 5,722 | 9,110 | 10,243 |
Gross profit | $ 11,145 | $ 9,741 | $ 22,151 | $ 19,633 |
Gross margin | 71.00% | 63.00% | 71.00% | 66.00% |
Sales and marketing | $ 3,467 | $ 3,891 | $ 6,870 | $ 9,121 |
Research and development | 3,587 | 4,217 | 6,593 | 8,448 |
Other segment items | 1,212 | 1,788 | 2,443 | 2,484 |
Operating income | 2,879 | (155) | 6,245 | (420) |
Corporate And Reconciling Items | ||||
Segment Information | ||||
Revenue | 0 | 0 | 0 | 0 |
Cost of goods sold | 0 | 0 | 0 | 0 |
Gross profit | 0 | 0 | 0 | 0 |
Sales and marketing | 709 | 1,086 | 1,891 | 2,239 |
Research and development | 499 | 27 | 502 | 54 |
Other segment items | 10,964 | 11,787 | 20,122 | 22,111 |
Operating income | $ (12,172) | $ (12,900) | $ (22,515) | $ (24,404) |
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- Definition Gross margin is net sales less the cost of goods sold (COGS) No definition available.
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest income (expense) classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expense for research and development. Includes, but is not limited to, cost for computer software product to be sold, leased, or otherwise marketed and writeoff of research and development assets acquired in transaction other than business combination or joint venture formation or both. Excludes write-down of intangible asset acquired in business combination or from joint venture formation or both, used in research and development activity. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount of other expense (income) and loss (gain) calculated as difference between segment revenue and separately disclosed expense category to arrive at segment profit (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
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