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Business Segment, Concentration of Credit Risk and Significant Customers
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Business Segment, Concentration of Credit Risk and Significant Customers

Note 8: Business Segment, Concentration of Credit Risk and Significant Customers

The Company operates in one business segment and uses one measurement of profitability for its business. Revenue attributed to the United States and to all foreign countries is based on the geographical location of the customer.

Financial instruments that potentially subject the Company to significant concentrations of credit risk consist principally of cash, cash equivalents, investments and accounts receivable. Cash, cash equivalents and investments are deposited with high credit-quality institutions.

 

The Company recognized revenue from licensing of its technologies and shipment of ICs to customers in the following geographical locations (in thousands):

 

 

 

Year Ended

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

North America

 

$

5,454

 

 

$

7,585

 

Japan

 

 

675

 

 

 

1,734

 

Taiwan

 

 

459

 

 

 

345

 

Rest of world

 

 

207

 

 

 

422

 

Total net revenue

 

$

6,795

 

 

$

10,086

 

 

Customers who accounted for at least 10% of total net revenues were:

 

 

 

Year Ended

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

Customer A

 

 

37

%

 

 

30

%

Customer B

 

 

22

%

 

 

14

%

Customer C

 

 

10

%

 

 

17

%

Customer D

 

 

10

%

 

*

 

Customer E

 

*

 

 

 

13

%

 

 

 

 

 

 

 

 

 

 

*

Represents percentage less than 10%.

Three customers accounted for 86% of net accounts receivable at December 31, 2020. Four customers accounted for 85% of net accounts receivable at December 31, 2019.

All net long-lived assets (property and equipment) were held in the United States.