Segment Information

12 Months Ended

Dec. 31, 2023

Note 10. Segment Information

The Company operates in a single reportable segment. The entire business is managed by a single management team whose chief operating decision maker is the Chief Executive Officer, who reviews financial information presented on a consolidated basis for purposes of allocating resources and evaluating financial performance.

The following table represents total net revenue based on where customers are physically located:


	Year Ended
	December 31,
	2023		2022		2021
	(in thousands)
North America	$	186,279	$	163,605	$	244,430
Europe and Middle East		62,015		58,917		99,685
Asia Pacific		9,828		17,644		22,239
Total net revenues	$	258,122	$	240,166	$	366,354

The following table represents property and equipment, net based on physical location:


	Year Ended
	December 31,
	2023		2022
	(in thousands)
United States	$	3,888	$	5,045
International		936		1,317
Total	$	4,824	$	6,362

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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+ Details