Note 11 - Customer and Geographic Information

6 Months Ended

Jun. 30, 2012

Segment Reporting Disclosure [Text Block]

 11. CUSTOMER AND GEOGRAPHIC INFORMATION

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or group, in deciding how to allocate resources and in assessing performance.

The Company’s chief operating decision maker, the chief executive officer, reviews discrete financial information presented on a consolidated basis for purposes of regularly making operating decisions and assessing financial performance. Accordingly the Company considers itself to be in one operating segment, specifically the licensing and implementation of yield improvement solutions for companies designing and/or manufacturing integrated circuits.

The Company had revenues from individual customers in excess of 10% of total revenues as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
Customer	2012			2011			2012			2011
A		39	%		23	%		42	%		22	%
B		20	%		18	%		20	%		18	%
C		12	%		15	%		12	%		16	%
D		*	%		*	%		*	%		10	%

*  represents less than 10%

The Company had gross accounts receivable from the following individual customers in excess of 10% of gross accounts receivable as follows:

Customer	June 30, 2012			December 31, 2011
A		35	%		34	%
B		23	%		23	%
C		10	%		10	%

Revenues from customers by geographic area based on the location of the customers’ work sites are as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Europe		7,654		4,849		16,208		9,271
United States		7,537		4,051		14,409		7,088
Asia		7,340		8,260		12,557		15,818
Total	$	22,531	$	17,160	$	43,174	$	32,177

Long-lived assets, net by geographic area are as follows (in thousands):

	June 30, 2012		December 31, 2011
United States	$	2,227	$	595
Asia		120		100
Europe		73		82
Total	$	2,420	$	777