v3.24.1.u1
Revenue (Tables)
 3 Months Ended
Mar. 31, 2024
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 March 31,
20242023
(dollars in thousands)
AmountPercentage
of Revenue		AmountPercentage
of Revenue
United States$196,463 52 %$152,918 53 %
Europe, Middle East, and Africa
105,384 28 %78,331 27 %
Asia Pacific47,651 12 %39,218 13 %
Other29,104 8 %19,708 7 %
Total$378,602 100 %$290,175 100 %
The following table summarizes the revenue from contracts by type of customer:
Three Months Ended March 31,
20242023
(dollars in thousands)
AmountPercentage
of Revenue		AmountPercentage
of Revenue
Channel partners
$70,451 19 %$41,003 14 %
Direct customers
308,151 81 %249,172 86 %
Total$378,602 100 %$290,175 100 %
Schedule of Deferred Contract Acquisition Costs
The following table summarizes the activity of the deferred contract acquisition costs:
Three Months Ended March 31,
20242023
(in thousands)
Beginning balance$133,236 $93,145 
Capitalization of contract acquisition costs
22,398 19,391 
Amortization of deferred contract acquisition costs
(18,107)(14,109)
Ending balance$137,527 $98,427