XML 23 R13.htm IDEA: XBRL DOCUMENT v3.23.3
Segment Information
9 Months Ended
Sep. 30, 2023
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, 2023, 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, 2023 and December 31, 2022, respectively, was as follows:
As of
Customer September 30, 2023December 31, 2022
Customer 147 %*
Customer 224 %14 %
Customer 3 *23 %
Customer 4*16 %
_________________________________________
*    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, 2023 and 2022, respectively, was as follows:
Three Months EndedNine Months Ended
 September 30,September 30,
Customer 2023202220232022
Customer A29 %*26 %*
Customer B25 %20 %18 %21 %
Customer C*20 %*16 %
Customer D*12 %*13 %
__________________________________________
*    Customer accounted for less than 10% of total revenue in the period.
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)2023202220232022
USA$32,347 $70,284 $131,415 $193,253 
South Korea38,228 1,081 100,985 5,118 
Singapore16,325 10,498 42,371 50,262 
Other18,398 30,381 64,121 83,793 
Total$105,298 $112,244 $338,892 $332,426