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Segment Information
9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Segment Information

11. Segment Information

The Company operates in one reportable segment, industrial IoT services. Other than satellites in orbit, goodwill and intangible assets, long-lived assets outside of the United States are not significant. The Company’s foreign exchange exposure is limited as approximately 90% of the Company’s consolidated revenue is collected in U.S. dollars. The following table summarizes revenues on a percentage basis by geographic region, based on the region in which the customer is located.

 

 

 

Quarters Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

United States

 

 

54

%

 

 

54

%

 

 

52

%

 

 

52

%

South America

 

 

8

%

 

 

11

%

 

 

9

%

 

 

11

%

Japan

 

 

6

%

 

 

6

%

 

 

6

%

 

 

7

%

Europe

 

 

17

%

 

 

18

%

 

 

18

%

 

 

18

%

Other

 

 

15

%

 

 

11

%

 

 

15

%

 

 

12

%

 

 

 

100

%

 

 

100

%

 

 

100

%

 

 

100

%