SEGMENT REPORTING, GEOGRAPHIC INFORMATION, AND SIGNIFICANT CUSTOMERS

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

SEGMENT REPORTING, GEOGRAPHIC INFORMATION, AND SIGNIFICANT CUSTOMERS

SEGMENT REPORTING, GEOGRAPHIC INFORMATION, AND SIGNIFICANT CUSTOMERS

Segment Information

We develop, license, and support a wide range of software and IP that more fully engage users’ senses of touch when operating digital devices. We focus on the following target application areas: mobile devices, wearables, consumer, mobile entertainment and other content; console gaming; automotive; medical; and commercial. We manage these application areas in one operating and reporting segment with only one set of management, development, and administrative personnel.

Our chief operating decision maker (“CODM”) is the Chief Executive Officer. The CODM approves budgets and allocates resources to and assesses our business performance using information about our 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 are as follows:

	Years Ended December 31,
	2022		2021
Mobile, Wearables, and Consumer	60	%	60	%
Gaming Devices	21		21
Automotive	13		19
Other	6		—
Total	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,
	2022		2021
Asia	62	%	76	%
North America	28		12
Europe	10		12
Total	100	%	100	%

A summary of revenue by country as a percentage of total revenues are as follows:

	Years Ended December 31,
	2022		2021
Korea	33	%	38	%
United States of America	28		12
Japan	27		29
Germany	7		10
Other countries with less than 10% in a year	5		11
Total	100	%	100	%

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:

	December 31,
	2022		2021
Canada	97	%	89	%
United States of America	2		11
Rest of World	1		—
Total	100	%	100	%

Significant Customers

During the year ended December 31, 2022, three customers accounted for 31%, 18% and 13% of our total revenue, respectively. In 2021, two customers accounted for 34% and 12% of our total revenues, respectively.

A summary of customers with 10% or greater of our outstanding accounts and other receivables are as follows:

	Years Ended December 31,
	2022		2021
Customer A	60	%	*
Customer B	21	%	*
Customer C	12	%	10	%
Customer D	*		44	%
Customer E	*		20	%
Customer F	*		19	%

* Represents less than 10% of our total accounts and other receivables.