SIGNIFICANT CUSTOMERS, CONCENTRATION OF CREDIT RISK AND GEOGRAPHIC INFORMATION

12 Months Ended

Dec. 31, 2017

SIGNIFICANT CUSTOMERS, CONCENTRATION OF CREDIT RISK AND GEOGRAPHIC INFORMATION

SIGNIFICANT CUSTOMERS, CONCENTRATION OF CREDIT RISK AND GEOGRAPHIC INFORMATION

NOTE 7-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:

	Year ended December 31,
	2017			2016
Customer A		17	%		11	%
Customer B		15	%		12	%
Customer C		14	%		22	%

Net revenues by geographic area are as follows:

	Year ended December 31,
	2017		2016
	(in thousands)
United States	$	5,374	$	6,833
Asia and Middle East		4,507		3,357
Europe and other		1,272		1,696
Revenue, net	$	11,153	$	11,886

Revenues by geographic area are based on the country of shipment destination.  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 December 31, 2017, three customers accounted for 35%, 10% and 10% of total accounts receivable.  At December 31, 2016, two customers account for approximately 44% and 15% of total accounts receivable.  Our allowance for doubtful accounts was $32 and $0 thousand as of December 31, 2017 and 2016, respectively.

As of December 31, 2017, our long-lived assets were geographically located as follows:

	December 31,		December 31,
	2017		2016
	(in thousands)
United States	$	103	$	87
Asia		491		267
Total long-lived assets	$	594	$	354