Segment Reporting, Geographic Information, and Concentration of Credit Risk (Tables)

3 Months Ended

Mar. 31, 2021

Information Regarding Net Revenue and Gross Profit by Segment

Net revenue and gross profit information by segment for the three months ended March 31, 2021 and 2020 are as follows (in thousands):

	Three Months Ended March 31,
	2021			2020
Identity:
Net revenue	$	13,658		$	9,886
Gross profit		3,359			2,974
Gross profit margin		25	%		30	%
Premises:
Net revenue		8,504			8,234
Gross profit		4,333			4,526
Gross profit margin		51	%		55	%
Total:
Net revenue		22,162			18,120
Gross profit		7,692			7,500
Gross profit margin		35	%		41	%
Operating expenses:
Research and development		2,337			2,596
Selling and marketing		4,064			4,497
General and administrative		2,125			2,191
Restructuring and severance		388			65
Total operating expenses:		8,914			9,349
Loss from operations		(1,222	)		(1,849	)
Non-operating income (expense):
Interest expense, net		(245	)		(252	)
Foreign currency gains (losses), net		46			86
Loss before income tax provision	$	(1,421	)	$	(2,015	)

Information Regarding Net Revenue by Geographic Region

Geographic Information

Geographic net revenue is based on the customer’s ship-to location. Information regarding net revenue by geographic region for the three months ended March 31, 2021 and 2020 is as follows (in thousands):

	Three Months Ended March 31,
	2021			2020
Americas	$	15,148		$	13,868
Europe and the Middle East		2,460			2,601
Asia-Pacific		4,554			1,651
Total	$	22,162		$	18,120

Percentage of net revenue:
Americas		68	%		77	%
Europe and the Middle East		11	%		14	%
Asia-Pacific		21	%		9	%
Total		100	%		100	%

Long-Lived Assets by Geographic Location

Long-lived assets by geographic location as of March 31, 2021 and December 31, 2020 are as follows (in thousands):

	March 31,		December 31,
	2021		2020
Property and equipment, net:
Americas	$	646	$	606
Europe and the Middle East		83		73
Asia-Pacific		3,039		2,148
Total property and equipment, net	$	3,768	$	2,827

Operating lease ROU assets:
Americas	$	1,818	$	2,100
Europe and the Middle East		190		224
Asia-Pacific		966		1,081
Total operating lease right-of-use assets	$	2,974	$	3,405