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Segment, Customer Concentration and Geographical Information
9 Months Ended
Sep. 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 September 30,For the Nine Months Ended September 30,
2024202320242023
Family Safety$3,939 $9,179 $12,623 $27,016 
CommSuite644 749 1,840 2,310 
ViewSpot65 1,073 1,122 2,943 
Total Wireless revenues$4,648 $11,001 $15,585 $32,269 
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 nine months ended September 30, 2024 and 2023.
For the three months ended September 30, 2024, three customers made up 63%, 21% and 14% of revenues. For the three months ended September 30, 2023, three customers made up 45%, 32% and 10% of revenues.
For the six months ended September 30, 2024, three customers made up 58%, 20%, and 12% of revenues. For the six months ended September 30, 2023, three customers made up 41%, 35%, and 10% of revenues.
As of September 30, 2024, two customers accounted for 53% and 25% of accounts receivable. As of September 30, 2023, three customers accounted for 33%, 32%, and 18% of accounts receivable.
Geographical Information
During the three and nine months ended September 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 September 30,For the Nine Months Ended September 30,
2024202320242023
Americas$4,628 $10,787 $15,047 $31,380 
EMEA20 214 538 889 
Total revenues$4,648 $11,001 $15,585 $32,269 
The Company does not separately allocate specific assets to these geographic locations.