v3.24.3
Revenue Recognition, Deferred Revenue, Remaining Performance Obligations, and Accounts Receivable
 9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Recognition, Deferred Revenue, Remaining Performance Obligations, and Accounts Receivable
3. Revenue Recognition, Deferred Revenue, Remaining Performance Obligations, and Accounts Receivable
Disaggregation of Revenue
Revenue by geographic area, based on the location of the Company’s customers, was as follows (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Americas:
United States$146,352 $111,967 $418,385 $316,711 
Other Americas (1)
11,769 9,281 34,166 26,919 
APAC (1)(2)
24,350 18,236 68,407 51,532 
EMEA (1)(3)
52,623 36,323 146,342 101,319 
Total Revenue$235,094 $175,807 $667,300 $496,481 
(1) Other than the United States, no other individual country accounted for 10% or more of total revenue for any of the periods presented.
(2) Asia-Pacific
(3) Europe, the Middle East and Africa

Deferred Revenue
The change in deferred revenue reflects billings during the period for which the performance obligation was not satisfied prior to the end of the period, partially offset by revenues recognized during the period. The following table summarizes the changes in the balance of deferred revenue during the periods presented (in thousands):

Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Balance at beginning of the period$46,782 $29,160 $40,100 $25,109 
Plus: Billings during the period241,244 179,513 680,132 504,238 
Less: Revenue recognized during the period(235,094)(175,807)(667,300)(496,481)
Balance at end of the period$52,932 $32,866 $52,932 $32,866 
For the three and nine months ended September 30, 2024, revenue recognized from amounts included in deferred revenue at the beginning of the period was $42.4 million and $39.1 million, respectively. For the three and nine months ended September 30, 2023, revenue recognized from amounts included in deferred revenue at the beginning of the period was $29.2 million and $25.1 million, respectively.
Remaining Performance Obligations
Remaining performance obligations represents the amount of contracted future revenue that has not yet been recognized, including deferred revenue. As of September 30, 2024, the Company’s remaining performance obligations are $126.6 million, of which $118.6 million is expected to be recognized within the next twelve months and $8.0 million is expected to be recognized during a period greater than twelve months.

Accounts Receivable
Accounts receivable are shown net of an allowance for doubtful accounts of $1.0 million and $1.5 million as of September 30, 2024 and December 31, 2023, respectively.