Note 14 - Major Customers and Related Information

9 Months Ended

Sep. 30, 2021

Notes to Financial Statements

Concentration Risk Disclosure [Text Block]

14.  MAJOR CUSTOMERS AND RELATED INFORMATION

For the three months ended September 30, 2021, revenues from two distributors accounted for approximately 41% and 29% of revenues with no other single customer accounting for more than 10% of total revenues. For the three months ended September 30, 2020, revenues from one distributor accounted for approximately 49% of revenues with no other single customer accounting for more than 10% of total revenues.

For the nine months ended September 30, 2021, revenues from two distributors accounted for approximately 27% and 21% of revenues with no other single customer accounting for more than 10% of total revenues. For the nine months ended September 30, 2020, revenues from three distributors accounted for approximately 39%, 12% and 11% of revenues with no other single customer accounting for more than 10% of total revenues.

At September 30, 2021, accounts receivable from two distributors accounted for 45% and 22% 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 Nine Months
	Ended September 30,					Ended September 30,
	2021			2020		2021		2020
Americas	$	1,088		$	384	$	2,837	$	788
Europe, Middle East and Africa		745			51		2,424		653
Asia Pacific		(28	)		572		19		1,088
	$	1,805		$	1,007	$	5,280	$	2,529