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

Note 8. Segment, Geographic and Customer Information

The Company operates in one reportable segment related to the design, development, and sale of silicon timing systems solutions.

Revenue by geographic area are presented based upon the ship-to location of the original equipment manufacturers, the contract manufacturers, or the distributors who purchased the Company’s products. For sales to the distributors, their geographic location may be different from the geographic locations of the ultimate end customers. The following table sets forth revenue by country for countries with 10% or more of the Company’s revenue during any of the periods presented:

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Taiwan

 

$

23,072

 

 

$

16,492

 

Hong Kong

 

 

14,533

 

 

 

11,434

 

United States

 

 

7,194

 

 

 

1,234

 

Other

 

 

25,454

 

 

 

6,382

 

Total

 

$

70,253

 

 

$

35,542

 

 

Revenue from sales to three of the Company's distributors accounted for 18%, 13%, and 10% of its consolidated revenues for the three months ended March 31, 2022. Revenue from sales to one end customer through a distributor accounted for 18% for the three months ended March 31, 2022. Our end customers predominantly purchase our products from distributors. No other distributors or customers accounted for 10% or more of the Company's consolidated revenues for the three months ended March 31, 2022.

Revenue from sales to three of the Company's distributors accounted for 34%, 14%, and 14% of its consolidated revenues for the three months ended March 31, 2021. Revenue from sales to one end customer through a distributor accounted for 37% for the three months ended March 31, 2021. No other distributors or customers accounted for 10% or more of the Company's consolidated revenues for the three months ended March 31, 2021.
 

The following table sets forth the Company’s total property and equipment and intangible assets attributable to operations by country as of the periods presented:

 

 

 

As of

 

 

 

March 31, 2022

 

 

December 31, 2021

 

United States

 

 

52

%

 

 

57

%

Malaysia

 

 

36

%

 

 

31

%

Taiwan

 

 

6

%

 

 

5

%

Other

 

 

6

%

 

 

7

%