Note 17 - Major Customers and Related Information

12 Months Ended

Dec. 31, 2022

Notes to Financial Statements

Concentration Risk Disclosure [Text Block]

17.          MAJOR CUSTOMERS AND RELATED INFORMATION

Major Customers

For the year ended December 31, 2022, revenues from two distributors accounted for approximately 36% and 25% of revenues with no other single customer accounting for more than 10% of total revenues. Accounts receivable from one distributor accounted for 70% of net accounts receivable at December 31, 2022.

For the year ended December 31, 2021, revenues from three distributors accounted for approximately 26%, 19% and 17% of revenues with no other single customer accounting for more than 10% of total revenues. Accounts receivable from three distributors accounted for 48%, 16% and 15% of net accounts receivable at December 31, 2021.

The following table summarizes revenues by geographic region. Revenues are attributed to countries based on customer’s delivery location.

	For the Year
	Ended December 31,
	2022		2021
Americas	$	5,315	$	3,357
Europe, Middle East and Africa		2,487		2,385
Asia Pacific		247		1,987
Total revenues	$	8,049	$	7,729

See Note 1 – Concentrations of Risks for information on reliance on suppliers.