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Segment, Customer Concentration and Geographical Information
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Segment, Customer Concentration and Geographical Information Segment, Customer Concentration and Geographical Information
Segment Information
Public companies are required to report financial and descriptive information about their reportable operating segments as required by FASB ASC Topic No. 280, Segment Reporting. The Company has one primary business unit based on how management internally evaluates separate financial information, business activities and management responsibility: Wireless. The Wireless segment includes the Family Safety (which includes SafePath®), CommSuite®, and ViewSpot® families of products.
The Company does not separately allocate operating expenses to these product lines, nor does it allocate specific assets. Therefore, product line information reported includes only revenues.
The following table presents the Wireless revenues by product line (unaudited, in thousands):
For the Three Months Ended March 31,
20242023
Family Safety$4,464 $9,089 
CommSuite665 826 
ViewSpot669 1,015 
Total Wireless revenues$5,798 $10,930 
Customer Concentration Information
The Company has certain customers whose revenues individually represented greater than 10% of the Company’s total revenues, or whose accounts receivable balances individually represented greater than 10% of the Company’s total accounts receivable.
For the three months ended March 31, 2024, three customers made up 54%, 18% and 11% of revenues. For the three months ended March 31, 2023, three customers made up 37%, 37% and 14% of revenues.
As of March 31, 2024, two customers accounted for 51% and 21%, of accounts receivable. As of March 31, 2023, three customers accounted for 37%, 34%, and 17% of accounts receivable.
Geographical Information
During the three months ended March 31, 2024 and 2023, the Company operated in two geographic locations: the Americas and Europe, Middle East and Africa ("EMEA"). Revenues attributed to the geographic location of the customers’ bill-to address were as follows (unaudited, in thousands):
For the Three Months Ended March 31,
20242023
Americas$5,477 $10,511 
EMEA321 419 
Total revenues$5,798 $10,930 
The Company does not separately allocate specific assets to these geographic locations.