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Note 16 - Geographical Information
6 Months Ended
Jun. 30, 2019
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
NOTE
16—GEOGRAPHICAL
INFORMATION
 
ASC
280
-
10
-
50,
“ Disclosure about Segments of an Enterprise and Related Information,” establishes standards for the manner in which companies report information about operating segments, products, geographic areas and major customers. The method of determining what information to report is based on the way that management organizes the operating segment within the enterprise for making operating decisions and assessing financial performance. Since the Company has
one
product, sells to global customers in
one
industry, procures raw materials from similar vendors and expects similar long-term economic characteristics, the Company has
one
reporting segment and the information as to its operation is set forth below.
 
Operations by Geographic Area
 
    Three Months Ended
June 30,
  Six Months Ended
June 30,
    2019   2018   2019   2018
Net Sales                                
Spain   $
850
    $
1,906
    $
1,665
    $
3,382
 
United States    
532
     
131
     
988
     
1,945
 
India    
319
     
478
     
865
     
904
 
China    
     
     
     
30
 
Total Net Sales   $
1,701
    $
2,515
    $
3,518
    $
6,261
 
 
Long-Lived Assets by Geographic Area
 
    June 30,   December 31,
    2019   2018
Long-Lived Assets                
United States   $
1,117
    $
1,180
 
Spain    
10,499
     
9,707
 
Total Long-Lived Assets   $
11,616
    $
10,887
 
 
Foreign sales are based on the country in which the sales originated. Net sales to
three
of the Company’s major customers that exceeded
10%
of the Company’s consolidated net sales for the
three
months ended
June 
30,
2019
were
$830.
Net sales to
two
of the Company’s major customers that exceeded
10%
of the Company’s consolidated net sales for the
six
months ended
June 
30,
2019
were
$1,483.
Net sales to
four
of the Company’s major customers that exceeded
10%
of the Company’s consolidated net sales for the
three
months ended
June 
30,
2018
were
$1,401.
Net sales to
two
of the Company’s major customers that exceeded
10%
of the Company’s consolidated net sales for the
six
months ended
June 
30,
2018
were
$1,444.
 
Accounts receivable from
two
customers amounted to
$2,245
as of
June 30, 2019
and accounts receivable from
one
customer amounted to
$2,051
as of
December 31, 2018.