XML 70 R21.htm IDEA: XBRL DOCUMENT v2.4.0.8
Significant Customer and Geographic Information
9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Significant Customer and Geographic Information
Significant Customer and Geographic Information
Our significant customers each contributed 10% or more of our net revenue as follows:
 
Three months ended September 30,
 
Nine months ended September 30,
 
2014
 
2013
 
2014
 
2013
Customer A
21
%
 
21
%
 
27
%
 
10
%
Customer B
27
%
 
34
%
 
26
%
 
47
%
Customer C
*

 
%
 
13
%
 
*

Customer D
16
%
 
*

 
*

 
*

Customer E
10
%
 
*

 
*

 
*

Customer F
*

 
%
 
*

 
10
%
* Less than 10%
The balances of accounts receivable, net for these customers as a percent of total accounts receivable, net were Customer B of 32%, Customer C of 1% and Customer D of 10% at September 30, 2014 and Customer C of 51% at December 31, 2013.
We currently sell primarily to pharmaceutical companies throughout the world by the extension of trade credit terms based on an assessment of each customers’ financial condition. Trade credit terms are generally offered without collateral and may include a discount for prompt payment for specific customers. To manage our credit exposure, we perform ongoing evaluations of our customers’ financial conditions. We provided for an increase in allowance for doubtful accounts of $53,000 in the three months and nine months ended September 30, 2014 and $328,000 in the three months and nine months ended September 30, 2013.
Net revenue, by geographic region was as follows (in thousands):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
Revenue:
 
 
 
 
 
 
 
United States
$
4,747

 
$
2,738

 
$
12,518

 
$
7,039

Asia
 
 
 
 
 
 
 
India
225

 
213

 
636

 
2,721

Singapore
466

 

 
466

 
6,721

Others
192

 
209

 
872

 
751

Europe
 
 
 
 
 
 
 
Ireland

 

 
2,744

 
1,219

Others
1,842

 
757

 
3,864

 
3,921

Other

 
26

 
16

 
25

Total Revenue
$
7,472

 
$
3,943

 
$
21,116

 
$
22,397

Identifiable long-lived assets by geographic region were as follows (in thousands):
 
September 30,
2014
 
December 31,
2013
Long-lived assets
 
 
 
United States
$
11,403

 
$
16,189

Europe (1)

 
2,123

Total long-lived assets
$
11,403

 
$
18,312

(1)
Primarily Hungary