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Note 16 - Geographical Information
 9 Months Ended
Sep. 30, 2019
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
NOTE
16—GEOGRAPHICAL
INFORMATION
 
ASC
280
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10
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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
September 30,
  
Nine Months Ended
September 30,
    2019   2018   2019   2018
Net Sales                                
Spain    
612
     $
1,341
     $
2,278
     $
4,724
  
United States    
623
      
150
      
1,611
      
2,095
  
India    
—
      
1,056
      
864
      
1,959
  
China    
—
      
—
      
—
      
30
  
Total Net Sales   $
1,235
     $
2,547
     $
4,753
     $
8,808
  
 
Long-Lived Assets by Geographic Area
 
    September 30,   December 31,
    2019   2018
Long-Lived Assets                
United States   $
722
     $
1,180
  
Spain    
9,479
      
9,707
  
Total Long-Lived Assets   $
10,201
     $
10,887
  
 
Foreign sales are based on the country in which the sales originated. Net sales to
two
of the Company’s major customers that exceeded
10%
of the Company’s consolidated net sales for the
three
months ended
September 
30,
2019
were
$548.
Net sales to
three
of the Company’s major customers that exceeded
10%
of the Company’s consolidated net sales for the
nine
months ended
September 
30,
2019
were
$2,292.
Net sales to
one
of the Company’s major customers that exceeded
10%
of the Company’s consolidated net sales for the
three
months ended
September 
30,
2018
were
$1,056.
Net sales to
two
of the Company’s major customers that exceeded
10%
of the Company’s consolidated net sales for the
nine
months ended
September 
30,
2018
were
$2,695.
 
Accounts receivable from
three
customers amounted to
$1,956
as of
September 30, 2019
and accounts receivable from
one
customer amounted to
$2,051
as of
December 
31,
2018.