Company: MSTR
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000950170-25-021814
Chunk: 561

Company: Strategy Inc
Filing Date: 2025-02-18
Form: 10-K
Item: Item 2
Chunk 561
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 are not regularly reported to the CODM, except for the amortization of debt issuance costs, which is included as interest expense under the Corporate & Other category. All remaining depreciation and amortization is related to the Software Business, and separately presented in the Company’s Consolidated Statements of Cash Flows. Significant non-cash items include digital asset impairment, share-based compensation, and gains and losses on debt extinguishments and are presented in the table above and in the Company’s Consolidated Statements of Operations and/or Statements of Cash Flows. The Company does not regularly report capital expenditures on long-lived assets to the CODM.The following table presents total revenues and long-lived assets (in thousands) according to geographic region. Long-lived assets are comprised of right-of-use assets and property and equipment, net. 

        Geographic regions:
         
        U.S.

        EMEA

        Other Regions

        Consolidated

        Total revenues

        Year ended December 31, 2024
         
        $
        259,582

        $
        155,923

        $
        47,951

        $
        463,456

        Year ended December 31, 2023
         
        $
        284,174

        $
        155,914

        $
        56,173

        $
        496,261

        Year ended December 31, 2022
         
        $
        294,697

        $
        152,614

        $
        51,953

        $
        499,264

        Long-lived assets

        As of December 31, 2024
         
        $
        69,767

        $
        3,556

        $
        7,564

        $
        80,887

        As of December 31, 2023
         
        $
        75,004

        $
        3,937

        $
        7,343

        $
        86,284

       The EMEA region includes operations in Europe, the Middle East, and Africa.  The other regions include all other foreign countries, generally comprising Latin America, the Asia Pacific region, and Canada.  For the years ended December 31, 2024, 2023, and 2022, no individual foreign country accounted for 10% or more of total consolidated revenues.For the years ended December 31, 2024, 2023, and