v3.25.3
Revenue (Tables)
9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Summary of Revenue by Region

The following table summarizes revenue by region based on the billing address of customers for the three months ended September 30, 2025 and 2024:

 

 

 

Three Months Ended September 30,

 

 

 

2025

 

 

2024

 

 

 

Amount

 

 

Percentage of Revenue

 

 

Amount

 

 

Percentage of Revenue

 

Americas

 

$

2,148,073

 

 

 

75

%

 

$

626,768

 

 

 

58

%

Europe, Middle East and Africa (EMEA)

 

 

534,758

 

 

 

19

%

 

 

333,960

 

 

 

31

%

Asia Pacific

 

 

161,677

 

 

 

6

%

 

 

119,879

 

 

 

11

%

Total

 

$

2,844,508

 

 

 

100

%

 

$

1,080,607

 

 

 

100

%

The following table summarizes revenue by region based on the billing address of customers for the nine months ended September 30, 2025 and 2024:

 

 

 

Nine Months Ended September 30,

 

 

 

2025

 

 

2024

 

 

 

Amount

 

 

Percentage of Revenue

 

 

Amount

 

 

Percentage of Revenue

 

Americas

 

$

7,149,862

 

 

 

76

%

 

$

1,797,307

 

 

 

56

%

Europe, Middle East and Africa (EMEA)

 

 

1,646,880

 

 

 

18

%

 

 

1,080,876

 

 

 

33

%

Asia Pacific

 

 

553,831

 

 

 

6

%

 

 

350,093

 

 

 

11

%

Total

 

$

9,350,573

 

 

 

100

%

 

$

3,228,276

 

 

 

100

%

 

Summary of Accounts Receivable, Net

 

 

Opening Balance

 

 

Closing Balance

 

 

Opening Balance

 

 

Closing Balance

 

 

 

1/1/2025

 

 

9/30/2025

 

 

1/1/2024

 

 

9/30/2024

 

Accounts receivable, net

 

$

936,321

 

 

$

804,519

 

 

$

105,049

 

 

$

37,386

 

Summary of Costs to Obtain Contract Activity

The following summarizes the costs to obtain a contract activity during the three and nine months ended September 30, 2025:

 

Balance - December 31, 2024

 

$

31,504

 

Commissions Incurred

 

 

57,237

 

Deferred Commissions Recognized

 

 

(50,195

)

Balance - March 31, 2025

 

 

38,546

 

Commissions Incurred

 

 

39,664

 

Deferred Commissions Recognized

 

 

(25,594

)

Balance - June 30, 2025

 

$

52,616

 

Commissions Incurred

 

 

82,017

 

Deferred Commissions Recognized

 

 

(81,938

)

Balance - September 30, 2025

 

 

52,695

 

 

The following summarizes the costs to obtain a contract activity during the three and nine months ended September 30, 2024:

 

Balance - December 31, 2023

 

$

51,472

 

Commissions Incurred

 

 

31,610

 

Deferred Commissions Recognized

 

 

(44,620

)

Balance - March 31, 2024

 

 

38,462

 

Commissions Incurred

 

 

48,316

 

Deferred Commissions Recognized

 

 

(47,634

)

Balance - June 30, 2024

 

$

39,144

 

Commissions Incurred

 

 

42,739

 

Deferred Commissions Recognized

 

 

(44,765

)

Balance - September 30, 2024

 

$

37,118