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MAJOR CUSTOMERS AND RELATED INFORMATION
6 Months Ended
Jun. 30, 2021
MAJOR CUSTOMERS AND RELATED INFORMATION  
14. MAJOR CUSTOMERS AND RELATED INFORMATION

14. 

MAJOR CUSTOMERS AND RELATED INFORMATION

 

For the three months ended June 30, 2021, revenues from two distributors accounted for approximately 37% and 22% of revenues with no other single customer accounting for more than 10% of total revenues. For the three months ended June 30, 2020, revenues from two distributors and one agency accounted for approximately 32%, 19% and 11% of revenues with no other single customer accounting for more than 10% of total revenues.

 

For the six months ended June 30, 2021, revenues from four distributors accounted for approximately 20%, 17%, 13% and 12% of revenues with no other single customer accounting for more than 10% of total revenues. For the six months ended June 30, 2020, revenues from four distributors accounted for approximately 22%, 19%, 18% and 10% of revenues with no other single customer accounting for more than 10% of total revenues.

 

At June 30, 2021, accounts receivable from three distributors accounted for 30%, 28% and 14% of accounts receivable with no other single customer accounting for more than 10% of the accounts receivable balance. Two distributors accounted for 28% and 26% of accounts receivable at December 31, 2020 with no other single customer accounting for more than 10% of the accounts receivable balance.

 

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

 

 

 

For the Three Months

 

 

For the Six Months

 

 

 

Ended June 30,

 

 

Ended June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Americas

 

$1,123

 

 

$295

 

 

$1,750

 

 

$404

 

Europe, Middle East and Africa

 

 

803

 

 

 

293

 

 

 

1,679

 

 

 

602

 

Asia Pacific

 

 

8

 

 

 

245

 

 

 

47

 

 

 

516

 

 

 

$1,934

 

 

$833

 

 

$3,476

 

 

$1,522