v3.25.2
Geographic Information
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Geographic Information Segment and Geographic Information
ASC 280 Segment Reporting, establishes standards for reporting information about operating segments. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker ("CODM") to assess performance and to decide how to allocate resources. The Company manages its business on the basis of one reportable segment and one operating segment and derives revenues from two sources: products revenue and services revenue.

The Company’s CODM is our Chief Executive Officer, Dhrupad Trivedi. Our CODM assesses the performance of the Company and decides how to allocate resources based upon consolidated net income, which is also reported within the condensed consolidated statements of operations. The CODM uses consolidated net income to monitor period-over-period results, to assess financial performance and decide where to allocate additional resources within the business. The CODM does not regularly review significant classifications of expenses outside those shown on the condensed consolidated statements of operations.

We report customer revenues in three broad geographic regions: the Americas, APJ and EMEA regions. The Americas region comprises the United States and other countries in the Americas (excluding the United States). The APJ region comprises Japan and all other countries in APAC (excluding Japan). The EMEA region comprises Europe, Middle East and Africa. We believe this geographic view aligns with how we manage the business and maps our product portfolio to customer verticals.

The following table depicts the disaggregation of revenue by geographic region based on the ship to location of our customers (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Americas$41,192 $30,869 $74,688 $58,311 
United States38,318 26,709 68,435 49,853 
Americas-other2,874 4,160 6,253 8,458 
APJ17,939 19,287 36,558 44,330 
EMEA10,252 9,940 24,274 18,130 
Total net revenue$69,383 $60,096 $135,520 $120,771 

The following table is a summary of our long-lived assets which include property and equipment, net and operating lease right-of-use assets based on the physical location of the assets (in thousands):
As of June 30, 2025As of December 31, 2024
Americas$51,235 $48,468 
Japan2,115 363 
Other2,496 1,850 
Total$55,846 $50,681