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SIGNIFICANT CUSTOMERS AND CREDIT CONCENTRATIONS (Tables)
 12 Months Ended
Dec. 31, 2024
Risks and Uncertainties [Abstract]  
Schedule of Concentration Risk
The following customers represented 10% or more of the Company’s net revenues (in thousands):
Year Ended December 31,
Customer20242023
Distributor A56 %45 %
Revenues for the twelve months ended December 31, 2024 and 2023, were attributable to the following regions:
Year Ended December 31,
Region20242023
Hong Kong64 %53 %
Rest of Asia18 %13 %
US9 %9 %
China4 %15 %
Europe4 %10 %
All Other1 %— %
Total100 %100 %
The following customers represented 10% or more of the Company’s accounts receivable:
As of December 31,
Customer20242023
Distributor A44 %77 %