Segment Information

3 Months Ended

Mar. 31, 2020

Operating segments are based upon Rambus’ internal organization structure, the manner in which its operations are managed, the criteria used by its CODM to evaluate segment performance and availability of separate financial information regularly reviewed for resource allocation and performance assessment.

The Company has determined its CODM to be the Chief Executive Officer (“CEO”). In line with the Company’s divestiture of its payment and ticketing businesses and its refocus on its semiconductor operations, commencing in the third quarter of 2019, the CEO reviews financial information presented on a consolidated basis for purposes of managing the business, allocating

resources, making operating decisions and assessing financial performance. On this basis, the Company is organized and operates as a single segment within the semiconductor space. As of March 31, 2020, the Company has a single operating and reportable segment. Accordingly, no additional disclosure of segment measures of profit or loss or total assets is applicable for all periods presented. The Company has recast the prior period segment information to reflect the new segment structure.

Accounts receivable from the Company’s major customers representing 10% or more of total accounts receivable at March 31, 2020 and December 31, 2019, respectively, was as follows:

Revenue from the Company’s major customers representing 10% or more of total revenue for the three months ended March 31, 2020 and 2019, respectively, was as follows:



	Three Months Ended
	March 31,
Customer	2020		2019
Customer A	*		19	%
Customer B	15	%	16	%
Customer C	14	%	*
Customer D	12	%	*

_________________________________________

* Customer accounted for less than 10% of total revenue in the period

Revenue from customers in the geographic regions based on the location of contracting parties was as follows:



	Three Months Ended
	March 31,
(In thousands)	2020		2019
USA	$	34,788	$	34,239
Taiwan	7,064		2,101
South Korea	1,820		1,281
Japan	2,843		2,619
Europe	738		3,375
Canada	512		1,058
Singapore	7,630		1,884
Asia-Other	8,594		1,827
Total	$	63,989	$	48,384

March 31, 2020

December 31, 2019

Customer 1

Customer 2