Segment, Customer Concentration and Geographical Information

6 Months Ended

Jun. 30, 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 June 30,				For the Six Months Ended June 30,
	2024		2023		2024		2023
Family Safety	$	4,221	$	8,748	$	8,685	$	17,838
CommSuite	531		735		1,196		1,560
ViewSpot	388		855		1,057		1,870
Total Wireless revenues	$	5,140	$	10,338	$	10,938	$	21,268

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 and six months ended and as of June 30, 2024 and 2023..

For the three months ended June 30, 2024, two customers made up 59% and 20% of revenues. For the three months ended June 30, 2023, three customers made up 40%, 37% and 14% of revenues.

For the six months ended June 30, 2024, three customers made up 56%, 19%, and 11% of revenues. For the six months ended June 30, 2023, three customers made up 39%, 37%, and 14% of revenues.

As of June 30, 2024, two customers accounted for 52% and 15% of accounts receivable. As of June 30, 2023, three customers accounted for 39%, 34%, and 15% of accounts receivable.

Geographical Information

During the three and six months ended June 30, 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 June 30,				For the Six Months Ended June 30,
	2024		2023		2024		2023
Americas	$	4,943	$	10,082	$	10,420	$	20,593
EMEA	197		256		518		675
Total revenues	$	5,140	$	10,338	$	10,938	$	21,268

The Company does not separately allocate specific assets to these geographic locations.