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Segment Information
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Segment Information Segments and Major Customers
Operating segments are based upon the Company’s internal organization structure, the manner in which its operations are managed, the criteria used by its Chief Operating Decision Maker (“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”). 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 June 30, 2024, the Company has a single operating and reportable segment.
Accounts receivable from the Company’s major customers representing 10% or more of total accounts receivable at June 30, 2024 and December 31, 2023, respectively, was as follows:
As of
Customer June 30, 2024December 31, 2023
Customer 142 %49 %
Customer 223 %13 %
Customer 3 *12 %
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*    Customer accounted for less than 10% of total accounts receivable in the period.
Revenue from the Company’s major customers representing 10% or more of total revenue for the three and six months ended June 30, 2024 and 2023, respectively, was as follows:
Three Months EndedSix Months Ended
 June 30,June 30,
Customer 2024202320242023
Customer A19 %38 %25 %25 %
Customer B22 %12 %18 %15 %
Customer C11 %*12 %*
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*    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 EndedSix Months Ended
 June 30,June 30,
(In thousands)2024202320242023
USA$55,683 $35,429 $107,600 $99,068 
South Korea35,836 48,613 78,802 62,757 
Singapore19,157 14,718 24,324 26,046 
Other21,462 21,072 39,283 45,723 
Total$132,138 $119,832 $250,009 $233,594