| Percentage by Geographic Area or Significant Customers |
The following table represents the Company’s total revenue by customers’ geographic locations:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, |
|
|
Six Months Ended June 30, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Revenue by customers' geographic locations: |
|
|
|
|
|
|
|
|
|
|
|
|
North America |
|
|
51 |
% |
|
|
49 |
% |
|
|
48 |
% |
|
|
49 |
% |
Europe |
|
|
32 |
% |
|
|
38 |
% |
|
|
35 |
% |
|
|
36 |
% |
Asia Pacific ("APAC") & Rest of World (1) |
|
|
17 |
% |
|
|
13 |
% |
|
|
17 |
% |
|
|
15 |
% |
Total revenue |
|
|
100 |
% |
|
|
100 |
% |
|
|
100 |
% |
|
|
100 |
% |
(1) Rest of the world consists of countries in Central and South America and Africa.
|
| 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 June 30, |
|
|
Six Months Ended June 30, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
|
|
(Amounts in thousands) |
|
Total revenue |
|
$ |
204,128 |
|
|
$ |
182,366 |
|
|
$ |
398,383 |
|
|
$ |
351,538 |
|
Costs and operating expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
Cost of goods sold |
|
|
94,889 |
|
|
|
91,224 |
|
|
|
181,321 |
|
|
|
169,639 |
|
Research and development |
|
|
15,086 |
|
|
|
13,958 |
|
|
|
29,842 |
|
|
|
26,882 |
|
Sales and marketing |
|
|
28,218 |
|
|
|
26,666 |
|
|
|
56,432 |
|
|
|
50,622 |
|
General and administrative |
|
|
51,959 |
|
|
|
36,622 |
|
|
|
100,872 |
|
|
|
83,921 |
|
Total costs and operating expenses |
|
|
190,152 |
|
|
|
168,470 |
|
|
|
368,467 |
|
|
|
331,064 |
|
Other income (expense), net |
|
|
177 |
|
|
|
4,319 |
|
|
|
(13,991 |
) |
|
|
5,684 |
|
Income tax provision |
|
|
9,145 |
|
|
|
3,349 |
|
|
|
2,584 |
|
|
|
5,462 |
|
Net income |
|
$ |
5,008 |
|
|
$ |
14,866 |
|
|
$ |
13,341 |
|
|
$ |
20,696 |
|
|