SIGNIFICANT CUSTOMERS, CONCENTRATION OF CREDIT RISK AND GEOGRAPHIC INFORMATION

3 Months Ended

Mar. 31, 2016

SIGNIFICANT CUSTOMERS, CONCENTRATION OF CREDIT RISK AND GEOGRAPHIC INFORMATION

SIGNIFICANT CUSTOMERS, CONCENTRATION OF CREDIT RISK AND GEOGRAPHIC INFORMATION

NOTE 6-SIGNIFICANT CUSTOMERS, CONCENTRATION OF CREDIT RISK AND GEOGRAPHIC INFORMATION

We manage and operate our business through one operating segment.

Net revenues from customers equal to, or greater than, 10% of total net revenues are as follows:

	Three months ended  March 31,
	2016			2015
	(in thousands)
Customer A		19	%		17	%
Customer B		11	%		*	%
Customer C		11	%		23	%
Customer D		10	%		*	%

*Less than 10% of total net revenues

Net revenues by geographic area are as follows:

	Three months ended  March 31,
	2016		2015
	(in thousands)
United States	$	1,579	$	1,296
Asia		685		525
Europe and other		541		436
Revenue, net	$	2,805	$	2,257

Revenues by geographic area are based on the country of shipment. The geographic location of distributors and third-party manufacturing service providers may be different from the geographic location of the purchasers and/or ultimate end users.

We provide credit only to creditworthy third parties who are subject to our credit verification procedures. Accounts receivable balances are monitored on an ongoing basis, and accounts deemed to have credit risk are fully reserved. At March 31, 2016, four customers accounted for 30%,  15%,  13% and 10% of total accounts receivable, respectively. At December 31, 2015, four customers accounted for approximately 33%,  19%,  14% and 11% of total accounts receivable, respectively. Our allowance for doubtful accounts was nil and $10,000 as of March 31, 2016 and December 31, 2015, respectively.

Our long-lived assets were geographically located as follows:

	March 31,		December 31,
	2016		2015
	(in thousands)		(in thousands)
United States	$	45	$	45
Asia		125		144
Total long-lived assets	$	170	$	189