Segment and Revenue Disclosures (Tables)
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12 Months Ended |
Dec. 31, 2021 |
Revenue from Contract with Customer [Abstract] |
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Summary of Revenue by Geographic Region |
Revenue by geographic region is based on the delivery address of the customer and is summarized in the below table (in thousands):
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Year ended December 31, |
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2021 |
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2020 |
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2019 |
Americas |
$ |
94,225 |
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$ |
67,966 |
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$ |
49,495 |
EMEA |
60,472 |
|
43,847 |
|
44,744 |
APAC |
22,236 |
|
15,821 |
|
10,259 |
Total Revenue |
$ |
176,933 |
|
$ |
127,634 |
|
$ |
104,498 |
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Summary of Disaggregation of Revenue |
In the following table, revenue is presented by software license and service categories (in thousands):
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Year ended December 31, |
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2021 |
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2020 |
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2019 |
Revenue: |
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Multi-year term licenses |
$ |
47,343 |
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$ |
29,193 |
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$ |
24,614 |
1-year term licenses |
37,268 |
|
35,125 |
|
26,568 |
Total subscription term licenses |
84,611 |
|
64,318 |
|
51,182 |
Subscription SaaS, support & maintenance |
85,434 |
|
57,833 |
|
40,682 |
Perpetual licenses |
1,695 |
|
1,225 |
|
7,884 |
Total subscriptions and perpetual licenses |
171,740 |
|
123,376 |
|
99,748 |
Professional services |
5,193 |
|
4,258 |
|
4,750 |
Total revenue |
$ |
176,933 |
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$ |
127,634 |
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$ |
104,498 |
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Summary of Contract Assets and Deferred Revenue |
Contract assets and deferred revenue from contracts with customers were as follows (in thousands):
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Year ended December 31, |
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2021 |
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2020 |
Contract assets |
$ |
20,508 |
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$ |
11,347 |
Deferred revenue |
75,394 |
|
55,504 |
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Summary of Deferred Commissions |
The following table summarizes the account activity of deferred commissions for the year ended December 31, 2021 and 2020:
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Year ended December 31, |
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2021 |
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2020 |
Beginning balance |
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$ |
14,748 |
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$ |
10,042 |
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Additions to deferred commissions |
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23,274 |
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18,129 |
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Amortization of deferred commissions |
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(13,964) |
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(13,423) |
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Ending balance |
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$ |
24,058 |
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$ |
14,748 |
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Year ended December 31, |
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2021 |
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2020 |
Deferred commissions, current |
$ |
8,457 |
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$ |
5,923 |
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Deferred commissions, noncurrent |
15,601 |
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|
8,825 |
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Total deferred commissions |
$ |
24,058 |
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$ |
14,748 |
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