Segment Information and Operations by Geographic Area

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Segment Information and Operations by Geographic Area

12. Segment Information and Operations by Geographic Area

The Company operates in one reportable segment related to the design, development, and sale of silicon timing systems solutions. The chief operating decision maker, for the Company is the Chief Executive Officer. The Company’s Chief Executive Officer reviews operating results on an aggregate basis and manages the Company’s operations as a whole for the purpose of evaluating financial performance and allocating resources. Accordingly, the Company has determined that it has a single reportable and operating segment structure.

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:

	Year Ended December 31,
	2022		2021		2020
	(in thousands)
Taiwan	$	101,849	$	66,390	$	55,789
Hong Kong		59,209		82,503		30,306
United States		33,470		14,221		8,522
Other		89,077		55,694		21,539
Total	$	283,605	$	218,808	$	116,156

The following table sets forth the Company’s total property and equipment attributable to operations by country for countries with 10% or more of the Company’s net property and equipment as of the periods presented:

	As of
	December 31, 2022		December 31, 2021
	(in thousands)
United States	$	24,211	$	19,205
Malaysia		18,524		13,780
Taiwan		5,570		2,367
Other		10,467		2,550
Total	$	58,772	$	37,902