Note 11 - Customer and Geographic Information

9 Months Ended

Sep. 30, 2019

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 September 30,						Nine Months Ended September 30,
Customer	2019			2018			2019			2018
A		22	%		38	%		30	%		39	%
B		16	%		*	%		*	%		*	%

represents less than

10%

The Company had gross accounts receivable from individual customers in excess of

10%

of gross accounts receivable as follows:

Customer	September 30, 2019			December 31, 2018
A		30	%		35	%
B		14	%		21	%
C		11	%		*	%

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 September 30,
	2019					2018
	Revenues		Percentage of Revenues			Revenues		Percentage of Revenues
United States	$	7,341		34	%	$	8,366		41	%
China		5,118		23			4,644		23
Japan		2,423		11			1,652		8
Taiwan		1,945		9			936		5
Rest of the world		5,087		23			4,615		23
Total revenue	$	21,914		100	%	$	20,213		100	%

	Nine Months Ended September 30,
	2019					2018
	Revenues		Percentage of Revenues			Revenues		Percentage of Revenues
United States	$	25,203		40	%	$	27,430		42	%
China		11,369		18			14,186		21
Taiwan		6,041		10			4,109		6
Japan		4,761		7			4,193		7
Rest of the world		15,649		25			16,151		24
Total revenue	$	63,023		100	%	$	66,069		100	%

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

	September 30, 2019 (1)		December 31, 2018 (2)
United States	$	44,370	$	35,173
Rest of the world		2,180		508
Total long-lived assets, net	$	46,550	$	35,681

	( 1 )	Amounts consist of property and equipment, net, and operating lease right-of-use assets, net
	( 2 )	Amounts consist of property and equipment, net