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Segment Information
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Segment Information

4. Segment Information

Geographic Information

The Company derives its revenue from a single reporting segment: automatic identification solutions. Revenue is generated in this segment primarily through software development services and software subscriptions. The Company markets its products in the U.S. and in non-U.S. countries through its sales personnel and partners.

Revenue by geographic area, based upon the “bill-to” location, was as follows:

 

 

 

Three

 

 

Three

 

 

 

Months

 

 

Months

 

 

 

Ended

 

 

Ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2022

 

 

2021

 

Domestic

 

$

2,363

 

 

$

1,722

 

International (1)

 

 

5,048

 

 

 

4,978

 

Total

 

$

7,411

 

 

$

6,700

 

 

(1)

Revenue from the Central Banks, consisting of a consortium of central banks around the world, is classified as international revenue. Reporting revenue by country for this customer is not practicable.

Major Customers

The following customers accounted for 10% or more of revenue:

 

 

 

Three

 

 

Three

 

 

 

Months

 

 

Months

 

 

 

Ended

 

 

Ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2022

 

 

2021

 

Central Banks

 

 

47

%

 

 

58

%

Walmart Inc.

 

 

10

%

 

 

11

%

 

Long-Lived Assets by Geographical Area

Long-lived assets by geographic area was as follows:

 

 

March 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

United States

 

$

2,820

 

 

$

2,875

 

Europe

 

 

102

 

 

 

 

Total

 

$

2,922

 

 

$

2,875