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Segment Information
 9 Months Ended
Sep. 30, 2024
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, 2024, 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, 2024 and December 31, 2023, respectively, was as follows:
As of
Customer September 30, 2024December 31, 2023
Customer 138 %49 %
Customer 224 %13 %
Customer 3 *12 %
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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, 2024 and 2023, respectively, was as follows:
Three Months EndedNine Months Ended
 September 30,September 30,
Customer 2024202320242023
Customer A21 %29 %23 %26 %
Customer B21 %25 %19 %18 %
Customer C10 %*11 %*
Customer D14 %***
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*    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)2024202320242023
USA$46,315 $32,347 $153,915 $131,415 
South Korea56,129 38,228 134,931 100,985 
Singapore21,082 16,325 45,406 42,371 
Other21,987 18,398 61,270 64,121 
Total$145,513 $105,298 $395,522 $338,892