Quarterly report pursuant to Section 13 or 15(d)

Revenue Related Disclosures (Tables)

v3.22.2.2
Revenue Related Disclosures (Tables)
9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Changes in Deferred Revenue

The changes in deferred revenue were as follows (in thousands):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Beginning balance

$

35,755

 

 

$

19,791

 

 

$

26,709

 

 

$

24,579

 

Deferred revenues acquired (Note 4 - Business Acquisitions)

 

 

 

 

 

 

 

5,382

 

 

 

 

New billings

 

19,677

 

 

 

16,512

 

 

 

64,381

 

 

 

41,336

 

Revenue recognized during the period from beginning balance

 

(12,707

)

 

 

(8,999

)

 

 

(25,492

)

 

 

(22,659

)

Revenue recognized during the period from new billings

 

(5,753

)

 

 

(5,467

)

 

 

(34,010

)

 

 

(21,419

)

Foreign currency impact

 

(3

)

 

 

(7

)

 

 

(1

)

 

 

(7

)

Ending balance

$

36,969

 

 

$

21,830

 

 

$

36,969

 

 

$

21,830

 

 

 

 

 

 

 

Schedule of Remaining Performance Obligations for Contractually Committed Revenues

The following table presents remaining performance obligations for contractually committed revenues as of September 30, 2022 (in thousands):

 

2022

 

 

 

 

 

 

$

19,631

 

2023

 

 

 

 

 

 

 

52,408

 

2024

 

 

 

 

 

 

 

28,675

 

Thereafter

 

 

 

 

 

 

 

15,213

 

Total

 

 

 

 

 

 

$

115,927