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CONCENTRATION OF RISK (Tables)
6 Months Ended
Jun. 30, 2025
Risks and Uncertainties [Abstract]  
Revenues and Accounts Receivable From Our Largest Customers

Revenues and accounts receivable from the Company's largest customers were as follows (in thousands):

 

 

% of Total Revenue for the
 Three Months Ended June 30,

 

% of Total Revenue for the
 Six Months Ended June 30,

 

Accounts Receivable as of

 

Customer

 

2025

 

2024

 

2025

 

2024

 

June 30, 2025

 

A

 

39%

 

48%

 

38%

 

45%

 

$

13,709

 

B

 

19%

 

23%

 

19%

 

24%

 

$

38,205

 

C

 

17%

 

14%

 

20%

 

15%

 

$

50,018

 

D

 

10%

 

2%

 

8%

 

4%

 

$

12,883

 

Revenues by Geographic Area

Revenues from outside of North America represented approximately 96% and 98% of consolidated revenue for the three months ended June 30, 2025 and 2024, respectively, and 96% and 98% for the six months ended June 30, 2025 and 2024, respectively. Revenues by geographic area are as follows (in thousands):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

Country

 

2025

 

 

2024

 

 

2025

 

 

2024

 

South Korea

 

$

86,522

 

 

$

108,194

 

 

$

173,855

 

 

$

210,592

 

China

 

 

75,920

 

 

 

45,236

 

 

 

147,012

 

 

 

102,706

 

Japan

 

 

1,701

 

 

 

1,256

 

 

 

2,114

 

 

 

2,510

 

Other non-U.S. locations

 

 

534

 

 

 

273

 

 

 

988

 

 

 

1,938

 

Total non-U.S. locations

 

 

164,677

 

 

 

154,959

 

 

 

323,969

 

 

 

317,746

 

United States

 

 

7,117

 

 

 

3,546

 

 

 

14,102

 

 

 

6,018

 

Total revenue

 

$

171,794

 

 

$

158,505

 

 

$

338,071

 

 

$

323,764

 

Long-Lived Assets (Net) by Geographic Area

Property and equipment, net by geographic area are as follows (in thousands):

 

 

 

June 30, 2025

 

 

December 31, 2024

 

United States

 

$

120,944

 

 

$

117,496

 

Ireland

 

 

69,953

 

 

 

63,346

 

Other

 

 

14,234

 

 

 

14,397

 

Total property and equipment, net

 

$

205,131

 

 

$

195,239