v3.23.2
Revenue (Tables)
 6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table summarizes the revenue by region based on the billing address of customers who have contracted to use the Company’s global network and products:
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
(dollars in thousands)
AmountPercentage
of Revenue		AmountPercentage
of Revenue		AmountPercentage
of Revenue		AmountPercentage
of Revenue
United States$161,692 53 %$124,259 53 %$314,610 53 %$235,609 53 %
Europe, Middle East, and Africa
84,346 27 %61,147 26 %162,677 27 %116,939 26 %
Asia Pacific40,399 13 %32,755 14 %79,617 13 %62,680 14 %
Other22,057 7 %16,356 7 %41,765 7 %31,456 7 %
Total$308,494 100 %$234,517 100 %$598,669 100 %$446,684 100 %
The following table summarizes the revenue from contracts by type of customer:
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
(dollars in thousands)
AmountPercentage
of Revenue		AmountPercentage
of Revenue		AmountPercentage
of Revenue		AmountPercentage
of Revenue
Channel partners
$47,148 15 %$28,933 12 %$88,151 15 %$53,289 12 %
Direct customers
261,346 85 %205,584 88 %510,518 85 %393,395 88 %
Total$308,494 100 %$234,517 100 %$598,669 100 %$446,684 100 %
Schedule of Deferred Contract Acquisition Costs The following table summarizes the activity of the deferred contract acquisition costs:
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
(in thousands)
Beginning balance$98,427 $76,266 $93,145 $70,320 
Capitalization of contract acquisition costs
23,957 14,996 43,348 30,604 
Amortization of deferred contract acquisition costs
(14,902)(10,556)(29,011)(20,218)
Ending balance$107,482 $80,706 $107,482 $80,706