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SEGMENT REPORTING, GEOGRAPHIC INFORMATION, AND SIGNIFICANT CUSTOMERS
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
SEGMENT REPORTING, GEOGRAPHIC INFORMATION, AND SIGNIFICANT CUSTOMERS
SEGMENT REPORTING, GEOGRAPHIC INFORMATION, AND SIGNIFICANT CUSTOMERS

Segment Information

The Company develops, licenses, and supports a wide range of software and IP that more fully engage users’ sense of touch when operating digital devices. The Company focuses on the following target application areas: mobile devices, wearables, consumer, mobile entertainment and other content; console gaming; automotive; medical; and commercial. The Company manages these application areas in one operating and reporting segment with only one set of management, development, and administrative personnel.

The Company’s chief operating decision maker (“CODM”) is the Chief Executive Officer. The CODM approves budgets and allocates resources to and assesses the performance of the Company using information about its revenue and operating loss. There is only one segment that is reported to management.

Revenue by Market Area

The following is a summary of revenues by market areas. Revenue as a percentage of total revenues by market was as follows:
 
Years Ended December 31,    
 
2019
 
2018
 
2017
Mobile, Wearables, and Consumer
63
%
 
81
%
 
48
%
Gaming Devices
16
%
 
5
%
 
31
%
Automotive
21
%
 
13
%
 
15
%
Medical
%
 
1
%
 
6
%
Total
100
%
 
100
%
 
100
%


Geographic Revenue

Revenues are broken out geographically by the location of the customer. A summary of revenue by region as a percentage of total revenues are as follows: 
 
Years Ended December 31,    
 
2019
 
2018
 
2017
Asia
65
%
 
12
%
 
63
%
North America
28
%
 
77
%
 
22
%
Europe
7
%
 
11
%
 
15
%
Total
100
%
 
100
%
 
100
%

A summary of revenue by country as a percentage of total revenues are as follows: 
 
Years Ended December 31,    
 
2019
 
2018
 
2017
Korea
45
%
 
*

 
18
%
United States of America
28
%
 
77
%
 
22
%
Japan
17
%
 
*

 
39
%
Other countries with less than 10% in a year
10
%
 
23
%
 
21
%
Total
100
%
 
100
%
 
100
%

* Represents less than 10% of the Company’s total revenue for the year presented.

Property and Equipment, net by Country

Property and equipment, net by geographic areas as a percentage of total property and equipment, net are as follows (in thousands):
 
December 31,    
 
2019
 
2018
United States of America
85
%
 
91
%
Canada
15
%
 
8
%
Rest of World
%
 
1
%
Total
100
%
 
100
%


Significant Customers

A summary of revenues from customers with 10% or greater of the Company’s net revenues are as follows:
 
Years Ended December 31,    
 
2019
 
2018
 
2017
Samsung Electronics
27
%
 
%
 
%
Apple Inc.
*

 
69
%
 
%
Customer A
*

 
%
 
20
%
Customer B
*

 
*

 
18
%
Customer C
*

 
*

 
11
%
Total
27
%
 
69
%
 
49
%

* Represents less than 10% of the Company’s total revenue for the year presented.

A summary of customers with 10% or greater of the Company’s outstanding accounts and other receivables are as follows:
 
December 31,
 
2019
 
2018
Customer B
22
%
 
%
Customer E
%
 
55
%
Customer F
%
 
36
%