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Note 9 - Geographic Information and Major Customer Data
6 Months Ended
Jun. 30, 2024
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

NOTE 9:

GEOGRAPHIC INFORMATION AND MAJOR CUSTOMER DATA

 

 

a.

Summary information about geographic areas:

 

The Company manages its business on the 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:

 

   

Six months ended
June 30,

   

Three months ended
June 30,

 
   

2024

(unaudited)

   

2023

(unaudited)

   

2024

(unaudited)

   

2023

(unaudited)

 

Revenues based on customer location:

                               

United States

  $ 3,903     $ 4,100     $ 1,365     $ 1,748  

Europe and Middle East (2)

    8,954       4,893       7,442       2,084  

Asia Pacific (1)

    37,639       39,689       19,630       19,063  

Other

    13       502             27  
    $ 50,509     $ 49,184     $ 28,437     $ 22,922  
                                 

(1) China

  $ 29,025     $ 30,477     $ 15,433     $ 12,714  

(2) Finland

  $ 6,645     $ * )   $ 6,455     $ * )

 

*) Less than 10%

 

 

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. 

 

   

Six months ended
June 30,

   

Three months ended
June 30,

 
   

2024

(unaudited)

   

2023

(unaudited)

   

2024

(unaudited)

   

2023

(unaudited)

 
                                 

Customer A

    13 %     * )     13 %     14 %

Customer B

    13 %     * )     23 %     * )

Customer C

    13 %     * )     21 %     * )

Customer D

    * )     * )     * )     14 %

Customer E

    * )     * )     * )     10 %

 

*) Less than 10%