XML 24 R14.htm IDEA: XBRL DOCUMENT v3.20.2
Segment, Customer Concentration and Geographical Information
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Segment, Customer Concentration and Geographical Information

8. 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 our SafePath®, CommSuite®, ViewSpot®, and NetWise® family of products.

The Company does not separately allocate operating expenses to these business units, nor does it allocate specific assets. Therefore, business unit information reported includes only revenues.

The following table presents the Wireless revenues by product (in thousands):

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

(unaudited)

 

 

(unaudited)

 

SafePath

 

$

7,344

 

 

$

3,775

 

 

$

15,193

 

 

$

5,909

 

CommSuite

 

 

4,330

 

 

 

4,998

 

 

 

8,869

 

 

 

9,355

 

ViewSpot

 

 

971

 

 

 

1,356

 

 

 

1,716

 

 

 

2,413

 

Netwise

 

 

31

 

 

 

461

 

 

 

86

 

 

 

999

 

Other

 

 

25

 

 

 

47

 

 

 

52

 

 

 

133

 

Total wireless revenues

 

$

12,701

 

 

$

10,637

 

 

$

25,916

 

 

$

18,809

 

Customer Concentration Information

Revenues generated from our sales to Sprint and, subsequent to its April 2020 merger with Sprint, the combined T-Mobile, and their respective affiliates in the Wireless business segment accounted for 86% and 81% of the Company’s total revenues for the three months ended June 30, 2020 and 2019, respectively, and 89% and 79% for the six months ended June 30, 2020 and 2019, respectively. T-Mobile comprised 83% and Sprint comprised 80% of our accounts receivable as of June 30, 2020 and 2019, respectively.

Geographical Information

During the six months ended June 30, 2020 and 2019, the Company operated in three geographic locations; the Americas, EMEA (Europe, the Middle East, and Africa), and Asia Pacific. Revenues attributed to the geographic location of the customers’ bill-to address were as follows (in thousands):

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

(unaudited)

 

 

(unaudited)

 

Americas

 

$

12,378

 

 

$

10,833

 

 

$

25,407

 

 

$

19,223

 

EMEA

 

 

546

 

 

 

14

 

 

 

830

 

 

 

38

 

Asia Pacific

 

 

9

 

 

 

7

 

 

 

18

 

 

 

25

 

Total revenues

 

$

12,933

 

 

$

10,854

 

 

$

26,255

 

 

$

19,286

 

 

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