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Segment Information
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Segment Information

4. Segment Information

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance.

The Company’s chief operating decision maker, the chief executive officer, reviews financial information presented on a consolidated basis for purposes of making operating decisions and assessing financial performance on a regular basis. Accordingly, the Company considers itself to be one reportable segment, which is comprised of one operating segment - the designing, marketing and selling of mixed-signal integrated circuits for the automotive and security surveillance markets.

Product revenue from customers is designated based on the geographic region to which the product is delivered. Revenue by geographic region was as follows (in thousands):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

China

 

$

12,410

 

 

$

11,233

 

 

$

24,637

 

 

$

21,752

 

Taiwan

 

 

2,445

 

 

 

2,291

 

 

 

4,785

 

 

 

4,062

 

South Korea

 

 

1,221

 

 

 

1,390

 

 

 

2,382

 

 

 

2,763

 

Japan

 

 

170

 

 

 

326

 

 

 

362

 

 

 

707

 

Other

 

 

533

 

 

 

58

 

 

 

924

 

 

 

156

 

Total revenue

 

$

16,779

 

 

$

15,298

 

 

$

33,090

 

 

$

29,440

 

Revenue by principal product lines was as follows (in thousands):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Automotive

 

$

12,386

 

 

$

9,930

 

 

$

24,867

 

 

$

18,727

 

Security surveillance

 

 

4,393

 

 

 

5,368

 

 

 

8,223

 

 

 

10,713

 

Total revenue

 

$

16,779

 

 

$

15,298

 

 

$

33,090

 

 

$

29,440

 

Long-lived assets by geographic region were as follows (in thousands):

 

 

June 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Taiwan

 

$

280

 

 

$

308

 

China

 

 

100

 

 

 

176

 

United States

 

 

13

 

 

 

29

 

South Korea

 

 

8

 

 

 

6

 

Japan

 

 

3

 

 

 

3

 

Total property and equipment, net

 

$

404

 

 

$

522