Major Customer and Geographic Information

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Major Customer and Geographic Information

Note 10. Major Customer and Geographic Information

The Company’s revenues, expressed as a percentage of total revenues, from non-affiliated customers that equaled 10% or more of the Company’s total revenues were:

	Three Months ended September 30						Nine Months ended September 30
	2024			2023			2024			2023
Customer A		75	%		69	%		71	%		69	%
Customer B		17	%		18	%		16	%		17	%

The Company’s non-affiliate customers whose individual balances amounted to more than 10% of the Company’s net accounts receivable, expressed as a percentage of net accounts receivable, were:

	September 30			December 31
	2024			2023
Customer A		19	%		—
Customer B		73	%		82	%

The Company performs ongoing credit evaluations of its customers and generally does not require collateral. The Company also maintains allowances for potential credit losses. The loss of a major customer could have a material adverse effect on the Company’s business operations and financial condition.

The Company’s revenues by geographic region are as follows:

	Three Months ended September 30				Nine Months ended September 30
	2024		2023		2024		2023
North America	$	143,600	$	140,700	$	296,100	$	414,300
South America		—		600		600		600
Asia		503,400		409,900		1,162,700		1,286,600
Australia		21,400		23,900		66,300		64,900
	$	668,400	$	575,100	$	1,525,700	$	1,766,400