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Segment Information
3 Months Ended
Mar. 31, 2021
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 76% 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.

 

 

 

Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

United States

 

 

54

%

 

 

52

%

South America

 

 

9

%

 

 

9

%

Japan

 

 

6

%

 

 

6

%

Europe

 

 

16

%

 

 

20

%

Other

 

 

15

%

 

 

13

%

 

 

 

100

%

 

 

100

%