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SEGMENT INFORMATION
 3 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
SEGMENT INFORMATION
13. SEGMENT INFORMATION

 

The Group operates in one segment as software solutions provider for the insurance industry. The Group’s chief operating decision maker (the “CODM”) is its Chief Executive Officer. The CODM manages the Group’s operations on a consolidated basis for purposes of allocating resources. When evaluating the Group’s financial performance, the CODM reviews all financial information on a consolidated basis. A majority of the Group’s principal operations and decision-making functions are located in the United States.

 

The following table sets forth revenues by country based on the billing address of the customer:

  

    Three months
ended 
June 30, 2018		     Three months
ended 
June 30, 2017		  
             
USA   $ 29,870     $ 24,382  
UK     1,428       1,480  
Canada     162       223  
Malaysia     1,399       1,102  
Others     690       735  
    $ 33,549     $ 27,922  

 

The following table sets forth the Group’s property and equipment, net by geographic region:

 

    As of 
June 30, 2018		     As of 
March 31, 2018		  
USA   $ 1,049     $ 1,195  
India     1,169       1,332  
Canada     13       16  
UK     5       7  
Malaysia     181       205  
    $ 2,417     $ 2,755  

 

We provide a significant volume of services to a number of significant customers. Therefore, the loss of a significant customer could materially reduce our revenues. The Group had one customer for the three months ended June 30, 2018, and no customers for the months ended June 30, 2017 that accounted for 10% or more of total revenue. The Group had one customer as of June 30, 2018 and no customers as of June 30, 2017 that accounted for 10% or more of total accounts receivable and unbilled accounts receivable. Presented in the table below is information about our major customers:

 

    Three months ended
June 30, 2018		     Three months ended
June 30, 2017		  
    Amount     % of
combined
revenue		     Amount     % of
combined
revenue		  
Customer A                                
Revenue   $ 4,521       13.5 %   $ 1,696       6 %
Accounts receivable and unbilled accounts receivable   $ 2,319       8.3 %   $ 1,590       6 %
Customer B                                
Revenue   $ 1,708       5.1 %   $ 1,370       5 %
Accounts receivables and unbilled accounts receivable   $ 530       1.9 %   $ 1,102       4 %