Note R - Segment and Geographic Information

12 Months Ended

Dec. 31, 2022

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

NOTE R—SEGMENT AND GEOGRAPHIC INFORMATION

The Company operates in one reportable segment. The Company’s Chief Executive Officer, who is considered to be the chief operating decision maker, manages the Company’s operations as a whole and reviews financial information presented on a consolidated basis, accompanied by information about product revenue, for purposes of evaluating financial performance and allocating resources.

The following tables set forth the Company’s revenue and asset information by geographic region. Revenue is classified based on the location of where the product is manufactured. Long-lived assets in the tables below comprise only property, plant, equipment and intangible assets (in thousands):  

	Year ended December 31,
	2022		2021		2020
Revenues:
United States	$	7,423	$	14,633	$	18,380
Taiwan		164,144		99,201		131,076
China		51,251		97,731		85,167
	$	222,818	$	211,565	$	234,623

	As of December 31,
	2022		2021		2020
Long-lived assets:
United States	$	80,048	$	87,709	$	90,999
Taiwan		50,777		63,644		71,080
China		93,888		108,509		108,575
	$	224,713	$	259,862	$	270,654

The Company serves four primary markets, CATV, the internet data center, telecom and FTTH markets. Of the Company’s total revenues in 2022, the Company earned $118.2 million, or 53.0%, from the CATV market, $77.1 million, or 34.6%, from the internet data center market, $24.7 million, or 11.1%, from the telecom market and $0.1 million, or 0.1%, from the FTTH market. Of the Company’s total revenues in 2021, the Company earned $94.3 million, or 44.6%, from the CATV market, $97.5 million, or 46.1%, from the internet data center market, $16.2 million, or 7.7%, from the telecom market and $1.0 million, or 0.5%, from the FTTH market. Of the Company’s total revenues in 2020, the Company earned $37.9 million, or 16.2%, from the CATV market, $173.4 million, or 73.9%, from the internet data center market, $21.1 million, or 9.0%, from the telecom market and $0.1 million, or 0.0%, from the FTTH market.