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Note 12 - Geographic Information and Major Customer and Product Data
12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
NOTE
12:
GEOGRAPHIC INFORMATION AND MAJOR CUSTOMER AND PRODUCT DATA
 
a. Summary information about geographic areas:
 
FASB ASC
No.
280,
“Segment Reporting,” establishes standards for reporting information about operating segments. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. The Company manages its business on a basis of
one
reportable segment: the licensing of intellectual property to semiconductor companies and electronic equipment manufacturers (see Note
1
for a brief description of the Company’s business). The following is a summary of revenues within geographic areas:
 
   
Year ended December 31,
 
   
2017
   
2018
   
2019
 
Revenues based on customer location:
                       
United States
  $
7,188
    $
8,354
    $
16,627
 
Europe, Middle East (3)
   
11,007
     
17,370
     
21,493
 
Asia Pacific (1) (2)
   
69,312
     
52,153
     
49,032
 
    $
87,507
    $
77,877
    $
87,152
 
                         
(1)  China
  $
41,059
    $
33,672
    $
33,233
 
(2)  S. Korea
  $
17,842
    $
7,989
     
*)
 
(3)  Germany
   
*)
    $
13,873
    $
16,100
 
                         
*) Less than 10%
                       
 
   
2018
   
2019
 
Long-lived assets by geographic region:
               
Israel
  $
6,599
    $
15,032
 
France
   
451
     
605
 
United States
   
156
     
1,356
 
Other
   
138
     
1,952
 
    $
7,344
    $
18,945
 
 
b. Major customer data as a percentage of total revenues:
 
The following table sets forth the customers that represented
10%
or more of the Company’s total revenues in each of the periods set forth below:
 
   
Year ended December 31,
 
   
2017
   
2018
   
2019
 
Customer A
   
23
%    
15
%    
15
%
Customer B
   
17
%    
 *)
     
 *)
 
Customer C
   
 *)
     
19
%    
19
%
 
*) Less than
10%
 
c. Information about Products and Services:
 
The following table sets forth the products and services as percentages of the Company’s total revenues in each of the periods set forth below:
 
   
Year ended December 31,
 
   
2017
   
2018
   
2019
 
Connectivity products
   
78
%    
84
%    
81
%
Smart sensing products
   
22
%    
16
%    
19
%