Schedule of Significant Segment Expenses |
The following table reflect the Company’s significant segment expenses: | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, | | Six months ended June 30, | (In thousands) | 2025 | | 2024 | | 2025 | | 2024 | Revenue, net: | | | | | | | | Product | $ | 31,415 | | | $ | 34,576 | | | $ | 59,525 | | | $ | 68,698 | | Service | 14,187 | | | 12,041 | | | 27,534 | | | 22,779 | | Total revenue, net | $ | 45,602 | | | $ | 46,617 | | | $ | 87,059 | | | $ | 91,477 | | Cost of sales (excluding stock-based compensation) | 20,144 | | | 19,478 | | | 39,865 | | | 39,877 | | Amortization - license & IP expense | 481 | | | 503 | | | 974 | | | 1,006 | | Sales (excluding stock-based compensation) | 7,832 | | | 6,934 | | | 16,438 | | | 12,826 | | Marketing (excluding stock-based compensation) | 3,066 | | | 4,053 | | | 5,765 | | | 9,697 | | Research and development (excluding stock-based compensation) | 7,403 | | | 8,324 | | | 15,551 | | | 16,797 | | General and administrative (excluding stock-based compensation) | 10,509 | | | 8,699 | | | 20,644 | | | 17,742 | | Stock-based compensation expense | 6,791 | | | 7,153 | | | 13,421 | | | 12,793 | | Other segment items | (5,041) | | | 1,908 | | | (8,614) | | | (2,657) | | Net loss | $ | (5,583) | | | $ | (10,435) | | | $ | (16,985) | | | $ | (16,604) | |
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Schedule of Geographical Distribution of Revenue and Long-Lived Assets by Geographic Area |
The geographical distribution of revenue for the three and six months ended June 30, 2025 and 2024 was as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, | | Six months ended June 30, | | | 2025 | | 2024 | | 2025 | | 2024 | United States | | $ | 23,894 | | | $ | 22,393 | | | $ | 42,429 | | | $ | 43,751 | | EMEA | | 12,309 | | | 13,773 | | | 23,875 | | | 28,900 | | APAC | | 7,867 | | | 8,984 | | | 16,758 | | | 15,335 | | Other | | 1,532 | | | 1,467 | | | 3,997 | | | 3,491 | | Total revenue, net | | $ | 45,602 | | | $ | 46,617 | | | $ | 87,059 | | | $ | 91,477 | |
As of June 30, 2025 and December 31, 2024, the Company’s long-lived assets by geographic area were as follows (in thousands): | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | | | | | United States | $ | 8,366 | | | $ | 8,228 | | EMEA | 471 | | | 435 | | APAC | 9,516 | | | 9,299 | | Total | $ | 18,353 | | | $ | 17,962 | |
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