Note 18 - Operating Risk and Geographical Information

12 Months Ended

Dec. 31, 2012

Concentration Risk Disclosure [Text Block]

18. Operating Risk and Geographical Information

Concentrations of Credit Risk and Major Customers — A substantial percentage of the Company’s net revenue comes from sales made to a small number of customers to whom sales are typically made on an open account basis. Details of customers accounting for 10% or more of total net revenue for the years ended December 31, 2012 and 2011 are as follows (in thousands):

	2012					2011
			% of Total					% of Total
Customer	Revenue		Revenue			Revenue		Revenue
Related party sales, including North Palm Springs Investments LLC*	$	35,539		36	%	$	31,470		23	%
KDC Solar Credit LS, LLC		26,010		26	%		59,336		42	%
	$	61,549		62	%	$	90,806		65	%

*	North Palm Springs Investments, LLC is a wholly owned subsidiary of LDK Solar USA, Inc.
(1)	As adjusted to reflect the balances of SGT beginning January 1, 2011 combined with the balances of Solar Power, Inc. beginning March 31, 2011, as required under the accounting guidelines for a transfer of an entity under common control (refer to Note 5 —Acquisition of Solar Green Technology).

Details of the accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts and construction in progress from the customers with the largest aggregate balances (including all customers with accounts receivable balances of 10% or more of accounts receivable) at December 31, 2012 and 2011, respectively are (in thousands):

	2012					2011 As Recast (1)
Customer	$		% of Total			$		% of Total
Related party sales, including North Palm Springs Investments LLC*	$	11,858		11	%	$	24,944		23	%
KDC Solar Credit LS, LLC		39,993		39	%		43,735		41	%
Taneo Fund Management Company		16,078		16	%		—		—
	$	67,929		66	%	$	68,679		65	%

*	North Palm Springs Investments, LLC is a wholly owned subsidiary of LDK Solar USA, Inc.
(1)	As adjusted to reflect the balances of SGT beginning January 1, 2011 combined with the balances of Solar Power, Inc. beginning March 31, 2011, as required under the accounting guidelines for a transfer of an entity under common control (refer to Note 5 —Acquisition of Solar Green Technology).

Geographical Information

Net sales by geographic location are as follows:

Location	2012		2011 As Recast (1)
United States	$	64,617	$	97,058
Europe		35,101		42,450
Asia		238		239
Mexico		—		13
Other		—		7
	$	99,956	$	139,767

 (1) As adjusted to reflect the balances of SGT beginning January 1, 2011 combined with the balances of Solar Power, Inc. beginning March 31, 2011, as required under the accounting guidelines for a transfer of an entity under common control (refer to Note 5 —Acquisition of Solar Green Technology).

Geographic information, which is based upon physical location, for long-lived assets was as follows (in thousands):

Location	2012		2011 As Recast (1)
United States	$	15,028	$	22,440
Italy		6,783		401
China (including Hong Kong)		4		—
	$	21,815	$	22,841

 (1) As adjusted to reflect the balances of SGT beginning January 1, 2011 combined with the balances of Solar Power, Inc. beginning March 31, 2011, as required under the accounting guidelines for a transfer of an entity under common control (refer to Note 5 —Acquisition of Solar Green Technology).