Tenable Holdings Inc
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
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FY2023 · Filed Feb 28, 2024
Contents
Note
- Net Loss Per Share
The following table sets forth the computation of basic and diluted net loss per share:
| Year Ended December 31, | |||
|---|---|---|---|
| (in thousands, except per share data) | 2023 | 2022 | 2021 |
| Net loss | $(78,284) | $(92,222) | $(46,677) |
| Weighted-average shares used to compute net loss per share, basic and diluted | 115,408 | 111,321 | 106,387 |
| Net loss per share, basic and diluted | $(0.68) | $(0.83) | $(0.44) |
The following potentially dilutive securities have been excluded from the diluted per share calculations because they would have been antidilutive:
| Year Ended December 31, | |||
|---|---|---|---|
| (in thousands) | 2023 | 2022 | 2021 |
| RSUs | 7,343 | 6,894 | 5,781 |
| Stock options | 5,095 | 5,485 | 6,731 |
| Shares to be issued under the 2018 ESPP | 245 | 223 | 181 |
| PSUs | 258 | 196 | — |
| Restricted stock | 311 | — | — |
| Total | 13,252 | 12,798 | 12,693 |
- Geographic Information
We operate asone operating segment. Our Chief Executive Officer, who is our chief operating decision maker, reviews financial information on a consolidated basis for purposes of making operating decisions, allocating resources, and evaluating financial performance.
Revenue by region, based on the address of the end user as specified in our subscription, license or service agreements, was as follows:
| Year Ended December 31, | |||
|---|---|---|---|
| (in thousands) | 2023 | 2022 | 2021 |
| The Americas | $500,512 | $432,734 | $347,724 |
| Europe, Middle East and Africa | 205,851 | 175,767 | 135,176 |
| Asia Pacific | 92,347 | 74,690 | 58,230 |
| Revenue | $798,710 | $683,191 | $541,130 |
Customers located in the United States accounted for 55%,56% and 58% of revenue in 2023, 2022 and 2021, respectively. No other country accounted for 10% or more of revenue in the periods presented.
Our property and equipment, net by geographic area is summarized as follows:
| December 31, | ||
|---|---|---|
| (in thousands) | 2023 | 2022 |
| United States | $39,497 | $39,843 |
| International | 5,939 | 6,883 |
| Property and equipment, net | $45,436 | $46,726 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.