CUSTOMER AND GEOGRAPHIC INFORMATION

9 Months Ended

Sep. 30, 2024

CUSTOMER AND GEOGRAPHIC INFORMATION:

CUSTOMER AND GEOGRAPHIC INFORMATION

9. 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.

Revenues from an individual customer that are approximately 10% or more of the Company’s consolidated total revenues are as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
Customer	2024		2023		2024		2023
A	19	%	38	%	21	%	36	%
B	*	%	*	%	12	%	*	%
D	13	%	*	%	*	%	*	%

* 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 are as follows:

	September 30,		December 31,
Customer	2024		2023
A	29	%	39	%
D	16	%	11	%

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,
	2024				2023
			Percentage				Percentage
	Revenues		of Revenues		Revenues		of Revenues
United States	$	21,065	45	%	$	24,477	58	%
Japan		6,275	14	%		3,135	7	%
Taiwan		6,273	14	%		1,296	3	%
China		5,673	12	%		7,549	18	%
Rest of the world		7,123	15	%		5,893	14	%
Total revenue	$	46,409	100	%	$	42,350	100	%

	Nine Months Ended September 30,
	2024				2023
			Percentage				Percentage
	Revenues		of Revenues		Revenues		of Revenues
United States	$	58,021	45	%	$	70,090	56	%
Japan		25,495	20	%		8,005	6	%
China		17,526	14	%		21,927	18	%
Taiwan		8,107	6	%		4,660	4	%
Rest of the world		20,231	15	%		20,028	16	%
Total revenue	$	129,380	100	%	$	124,710	100	%

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

	September 30,		December 31,
	2024		2023
United States (1)	$	56,216	$	45,619
Rest of the world		1,688		1,362
Total long-lived assets, net	$	57,904	$	46,981

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