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Concentration of Credit Risk, Significant Customers and Geographic Information (Tables)

3 Months Ended

Mar. 31, 2022

Risks and Uncertainties [Abstract]

Schedules of Concentration of Risk, by Risk Factor

Customers comprising greater than 10% of net revenues for each of the periods presented are as follows:

			Three Months Ended March 31,
			2022						2021
Percentage of total net revenue
Customer A (direct)			16		%				15		%
Customer B (direct)			11		%				12		%
Customer C (distributor)			10		%				11		%

The following table presents balances that are 10% or greater of accounts receivable, based on the Company’s billings to its customers.

			March 31,						December 31,
			2022						2021
Percentage of gross accounts receivable
Customer B (direct)			12		%				14		%
Customer C (distributor)			16		%				*
Customer D (direct)			10		%				17		%

____________________________

*    Represents less than 10% of the gross accounts receivable as of the respective period end.

Significant Suppliers

Suppliers comprising greater than 10% of total inventory purchases are as follows:

						Three Months Ended March 31,
						2022						2021
Vendor A						27		%				45		%
Vendor B						26		%				20		%
Vendor C						12		%				11		%

Revenue from External Customers by Geographic Areas

The Company’s consolidated net revenues by geographic area based on ship-to location are as follows (in thousands):

			Three Months Ended March 31,
			2022												2021
			Amount						% of total net revenue						Amount						% of total net revenue
Asia			$	211,665					80		%				$	171,160					82		%
United States			8,868						3		%				10,300						5		%
Rest of world			43,394						17		%				27,899						13		%
Total			$	263,927					100		%				$	209,359					100		%

The products shipped to individual countries or territories representing greater than 10% of net revenue for each of the periods presented are as follows:

			Three Months Ended March 31,
			2022						2021
Percentage of total net revenue
Hong Kong			38		%				37		%
China			11		%				14		%
Vietnam			13		%				12		%

Long-lived Assets by Geographic Areas

Long-lived assets, which consists of property and equipment, net, leased right-of-use assets, intangible assets, net, and goodwill by geographic area are as follows (in thousands):

						March 31,												December 31,
						2022												2021
						Amount						% of total						Amount						% of total
United States						$	372,671					69		%				$	382,650					70		%
Singapore						121,117						22		%				122,474						22		%
Rest of world						46,019						9		%				42,277						8		%
Total						$	539,807					100		%				$	547,401					100		%

X

- Definition

Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

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Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

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Tabular disclosure of the nature of a concentration, a benchmark to which it is compared, and the percentage that the risk is to the benchmark.

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