Note 10 - CUSTOMER AND GEOGRAPHIC INFORMATION

9 Months Ended

Sep. 30, 2022

CUSTOMER AND GEOGRAPHIC INFORMATION

10. CUSTOMER AND GEOGRAPHIC INFORMATION

10. 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, allocation of resources, and assessing financial performance. Accordingly, the Company considers itself to be in one operating and reporting segment, specifically the provision of services for differentiated data and analytics solutions to the semiconductor and electronics industries.

The Company had revenues from individual customers that are approximately 10% or more of the Company’s consolidated total revenues as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
Customer	2022		2021		2022		2021
A	28	%	25	%	30	%	12	%
B	16	%	*	%	11	%	*	%
C	*	%	*	%	*	%	10	%

* represents less than 10%

Gross accounts receivable balances (including amounts that are unbilled) from individual customers that are approximately 10% or more of the Company’s gross accounts receivable balance as follows:

	September 30,		December 31,
Customer	2022		2021
A	27	%	29	%
B	14	%	15	%
C	18	%	*	%

* represents less than 10%

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

	Three Months Ended September 30,
	2022				2021
			Percentage				Percentage
	Revenues		of Revenues		Revenues		of Revenues
United States	$	18,292	46	%	$	13,983	47	%
China		9,555	24			4,038	14
Japan		2,818	7			2,515	9
Rest of the world		9,195	23			9,019	30
Total revenue	$	39,860	100	%	$	29,555	100	%

	Nine Months Ended September 30,
	2022				2021
			Percentage				Percentage
	Revenues		of Revenues		Revenues		of Revenues
United States	$	52,869	49	%	$	34,634	43	%
China		18,214	17			10,065	12
Japan		8,219	8			8,543	10
Rest of the world		28,724	26			27,932	35
Total revenue	$	108,026	100	%	$	81,174	100	%

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

	September 30,		December 31,
	2022		2021
United States (1)	$	43,469	$	39,158
Rest of the world		1,293		1,545
Total long-lived assets, net	$	44,762	$	40,703

(1) Includes assets deployed at customer sites which could be outside the U.S.