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Concentrations of Risk (Tables)
6 Months Ended
Jun. 30, 2024
Fair Value, Concentration of Risk, Financial Assets, Balance Sheet Groupings [Abstract]  
Summary Of Company Revenues And Outstanding Balance Of Accounts Receivable

Customers who accounted for 10% or more of the Company’s revenues and outstanding balance of accounts receivable and contract assets are presented as follows:

 

 

 

For the Three Months Ended June 30,

 

For the Six Months Ended June 30,

 

As of

 

As of

 

 

2024

 

2023

 

2024

 

2023

 

June 30, 2024

 

December 31, 2023

Distributor customer A

 

18%

 

16%

 

17%

 

17%

 

20%

 

16%

Direct customer A

 

*

 

24%

 

*

 

13%

 

*

 

*

* Represents less than 10%.

Summary Of Company Inventory Purchases And Outstanding Balance Of Accounts Payable

Suppliers who accounted for 10% or more of the Company’s inventory purchases and outstanding balance of accounts payable are presented as follows:

 

 

 

For the Three Months Ended June 30,

 

For the Six Months Ended June 30,

 

As of

 

As of

 

 

2024

 

2023

 

2024

 

2023

 

June 30, 2024

 

December 31, 2023

Distributor supplier A

 

35%

 

37%

 

37%

 

37%

 

24%

 

18%

Direct supplier A

 

15%

 

14%

 

12%

 

12%

 

*

 

*

Direct supplier B

 

12%

 

13%

 

10%

 

*

 

*

 

*

Direct supplier C

 

*

 

11%

 

*

 

*

 

*

 

*

Direct supplier D

 

*

 

*

 

*

 

*

 

11%

 

*

* Represents less than 10%.