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Segment Information
9 Months Ended
Sep. 30, 2022
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 September 30, 2022, 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 September 30, 2022 and December 31, 2021, respectively, was as follows:
As of
Customer September 30, 2022December 31, 2021
Customer 120 %17 %
Customer 214 %*
Customer 3 *19 %
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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 nine months ended September 30, 2022 and 2021, respectively, was as follows:
Three Months EndedNine Months Ended
 September 30,September 30,
Customer 2022202120222021
Customer A20 %23 %21 %21 %
Customer B20 %15 %16 %10 %
Customer C12 %11 %13 %11 %

Revenue from customers in the geographic regions based on the location of contracting parties was as follows:
Three Months EndedNine Months Ended
 September 30,September 30,
(In thousands)2022202120222021
USA$70,284 $55,337 $193,253 $147,029 
Singapore10,498 8,214 50,262 28,882 
Asia-Other16,430 8,436 43,954 20,720 
Taiwan8,142 4,170 23,601 22,031 
Japan3,765 3,095 11,191 11,509 
South Korea1,081 1,350 5,118 3,947 
Europe1,963 661 4,847 2,294 
Canada81 19 200 111 
Total$112,244 $81,282 $332,426 $236,523