Segment, Geographic and Customer Information

6 Months Ended

Jun. 30, 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 precision timing solutions.

Revenue by geographic area is 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 June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
	(in thousands)
Taiwan	$	24,545	$	12,009	$	47,617	$	28,501
Hong Kong		17,345		17,557		31,878		28,991
United States		8,826		2,808		16,020		4,042
Other		28,702		12,122		54,156		18,504
Total	$	79,418	$	44,496	$	149,671	$	80,038

Revenue from sales to three of the Company's distributors accounted for 16%, 13%, and 11% of its consolidated revenues for the three months ended June 30, 2022, and 16%, 16%, and 13% of its consolidated revenues for the three months ended June 30, 2021. Revenue from sales to the largest end customer through a distributor accounted for 14% and 15% for the three months ended June 30, 2022 and

2021, respectively. The Company's end customers predominantly purchase the Company's products from distributors. No other distributors or customers accounted for 10% or more of the Company's consolidated revenues for the three months ended June 30, 2022 and 2021, respectively.

Revenue from sales to three of the Company's distributors accounted for 15%, 15%, and 11% of its consolidated revenues for the six months ended June 30, 2022, and 24%, 15%, and 14% of its consolidated revenues for the six months ended June 30, 2021. Revenue from sales to the largest end customer through a distributor accounted for 16% and 25% for the six months ended June 30, 2022 and 2021, respectively. No other distributors or customers accounted for 10% or more of the Company's consolidated revenues for the six months ended June 30, 2022 and 2021, respectively.
 

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
	June 30, 2022			December 31, 2021
United States		50	%		57	%
Malaysia		33	%		31	%
Taiwan		6	%		5	%
Other		11	%		7	%