Note 18 - Major Customers and Related Information

12 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Concentration Risk Disclosure [Text Block]

18. MAJOR CUSTOMERS AND RELATED INFORMATION

Major Customers

For the year ended December 31, 2023, revenues from one distributor accounted for approximately 37% of revenues with no other single customer accounting for more than 10% of total revenues. Accounts receivable from one distributor accounted for 67% of net accounts receivable at December 31, 2023.

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.

The following table summarizes revenue by geographic region. Revenue is attributed to countries based on customer’s delivery location.

	For the Year
	Ended December 31,
	2023		2022
Americas	$	3,773	$	5,315
Europe, Middle East and Africa		2,302		2,487
Asia Pacific		58		247
Total revenues	$	6,133	$	8,049

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