Note 15 - Major Customers and Related Information

3 Months Ended

Mar. 31, 2024

Notes to Financial Statements

Concentration Risk Disclosure [Text Block]

15.          MAJOR CUSTOMERS AND RELATED INFORMATION

For the three months ended March 31, 2024, revenue from one distributor accounted for approximately 68% of revenue with no other single customer accounting for more than 10% of total revenue. For the three months ended March 31, 2023, revenue from two distributors accounted for approximately 28% and 15% of revenues, respectively, with no other single customer accounting for more than 10% of total revenue.

At March 31, 2024, accounts receivable from one distributor accounted for 68% of net accounts receivable, with no other single customer accounting for more than 10% of the accounts receivable balance. At December 31, 2023, accounts receivable from one distributor accounted for 67% of net accounts receivable, with no other single customer accounting for more than 10% of the accounts receivable balance.

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

	For the Three Months
	Ended March 31,
	2024		2023
Americas	$	1,463	$	710
Europe, Middle East and Africa		6		1
Asia Pacific		7		0
Total revenues	$	1,476	$	711