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SIGNIFICANT CUSTOMERS AND GEOGRAPHIC NET REVENUES (Tables)
3 Months Ended
Mar. 31, 2024
Concentration Risk [Line Items]  
Schedules of Geographic Net Revenues

The Company markets its products globally through its sales personnel and a worldwide network of independent sales representatives and distributors. Geographic net revenues by region and country with 5% or more of the Company’s revenue during any of the periods presented, based on “bill to” customer locations were as follows:

Three Months Ended

March 31, 

(In thousands)

    

2024

    

2023

Americas:

$

5,005

$

6,483

EMEA:

 

 

Germany

5,889

 

7,474

Other EMEA

 

6,314

 

6,915

APAC:

 

 

Hong Kong/China

 

49,680

 

59,598

India

 

5,380

 

6,729

Japan

 

2,465

 

5,339

Korea

9,520

6,801

Taiwan

4,758

2,009

Other APAC

 

2,677

 

4,949

Total net revenues

$

91,688

$

106,297

Net revenue  
Concentration Risk [Line Items]  
Schedules of Concentration of Risk, by Risk Factor

The following customers represented 10% or more of the Company’s net revenues for the respective periods:

    

Three Months Ended

March 31, 

Customer

2024

2023

Avnet

 

29

%  

25

%  

Honestar Technologies Co., Ltd.

11

%  

12

%  

Salcomp Group

*

13

%

* Total customer revenue was less than 10% of net revenues.

Accounts receivable  
Concentration Risk [Line Items]  
Schedules of Concentration of Risk, by Risk Factor

The following customers represented 10% or more of accounts receivable at March 31, 2024 and December 31, 2023:

March 31, 

December 31, 

Customer

    

2024

2023

Avnet

33

%  

39

%  

Powertech Distribution Ltd.

13

%

*

Honestar Technologies Co., Ltd.

10

%

20

%

Salcomp Group

*

10

%  

* Total customer accounts receivable was less than 10% of accounts receivable.