Note 7 - Customer and Geographic Information

6 Months Ended

Jun. 30, 2016

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

7. 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 Ende d June 30,
Customer	2016			2015			2016			2015
A		39	%		54	%		44	%		49	%
B		*	%		16	%		*	%		13	%
C		*	%		*	%		12	%		17	%
D		13	%		*	%		*	%		*	%

* represents less than 10%

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

Customer	June 30 , 2016			December 31, 2015
A		50	%		65	%
D		12	%		*	%

* represents less than 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 ,
	2016					2015
	Revenues		Percentage of Revenues			Revenues		Percentage of Revenues
United States	$	9,518		36	%	$	11,436		49	%
Taiwan		5,725		21			2,160		9
Germany		3,994		15			6,345		27
South Korea		2,184		8			627		3
Rest of the world		5,267		20			2,642		12
Total revenue	$	26,688		100	%	$	23,210		100	%

	Six Months Ended June 30,
	2016					2015
	Revenues		Percentage of Revenues			Revenues		Percentage of Revenues
United States	$	21,640		42	%	$	21,750		43	%
Taiwan		7,909		15			3,279		7
Germany		7,028		14			12,609		25
South Korea		5,497		11			7,545		15
Rest of the world		9,695		18			4,844		10
Total revenue	$	51,769		100	%	$	50,027		100	%

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

	June 30 , 2016		December 31, 2015
United States	$	15,559	$	10,752
Rest of the world		517		573
Total long-lived assets, net	$	16,076	$	11,325