Company: TENB
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001660280-25-000072
Chunk: 16

Company: Tenable Holdings, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 1
Chunk 16
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ed-average shares used to compute net loss per share, basic and diluted120,083 117,542 Net loss per share, basic and diluted$(0.19)$(0.12)The following potentially dilutive securities have been excluded from the diluted per share calculations because they would have been antidilutive:March 31,(in thousands)20252024RSUs9,925 8,838 Stock options3,999 4,640 Shares to be issued under the 2018 ESPP43 45 PSUs131 200 Restricted stock156 280 Total14,254 14,003 

13. Geographic Information

We operate as one operating segment. Our Co-Chief Executive Officers, who are our Chief Operating Decision Makers ("CODMs"), review financial information on a consolidated basis for purposes of making operating decisions, allocating resources and evaluating financial performance. Our CODMs review cost of sales expense, sales and marketing expense, research and development expense and general and administrative expense to assess our significant segment expenses, and review income (loss) from operations and net income (loss) to assess our operating performance. Our CODMs also review total assets, as reported on our consolidated balance sheets. See our consolidated statement of operations for our significant segment expenses, loss from operations and net loss in the periods presented.Revenue by region, based on the address of the end user as specified in our subscription, license or service agreements, was as follows:Three Months Ended March 31,(in thousands)20252024The Americas$150,590 $134,483 Europe, Middle East and Africa61,248 57,038 Asia Pacific27,299 24,440 Revenue$239,137 $215,961 Customers located in the United States accounted for 53% of revenue in the three months ended March 31, 2025 and 54% of revenue in the three months ended March 31, 2024. No other country accounted for 10% or more of revenue in the periods presented.

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Our property and equipment, net by geographic area is summarized as follows:(in thousands)March 31, 2025December 31, 2024United States$29,627 $33,101 International11,716 6,164 Property and equipment, net$41,343 $39,265 

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Item 2.        Management's Discussion and Analysis of Financial Condition and Results of Operations

The