Note 13 - Major Customers and Related Information

6 Months Ended

Jun. 30, 2022

Notes to Financial Statements

Concentration Risk Disclosure [Text Block]

13.  MAJOR CUSTOMERS AND RELATED INFORMATION

For the three months ended June 30, 2022, revenues from three distributors and one agency accounted for approximately 24%, 18%, 12% and 11% of revenues with no other single customer accounting for more than 10% of total revenues. 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 six months ended June 30, 2022, revenues from one distributor accounted for approximately 25% 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.

At June 30, 2021, accounts receivable from two distributors accounted for 18% and 11% of accounts receivable with no other single customer accounting for more than 10% of the accounts receivable balance. Three distributors accounted for 48%, 16% and 15% of accounts receivable at December 31, 2021 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,
	2022		2021		2022		2021
Americas	$	1,090	$	1,123	$	2,285	$	1,750
Europe, Middle East and Africa		73		803		247		1,679
Asia Pacific		2		8		232		47
	$	1,165	$	1,934	$	2,764	$	3,476