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Note 9 - Geographic Information and Major Customer Data
 9 Months Ended
Sep. 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:

 

   

Nine months ended
September 30,

    

Three months ended
September 30,

  
   

2024

(unaudited)

    

2023

(unaudited)

    

2024

(unaudited)

    

2023

(unaudited)

  

Revenues based on customer location:

                                

United States

   $ 12,022     $ 5,668     $ 8,119     $ 1,568  

Europe and Middle East

     11,644       10,518       2,690       5,624  

Asia Pacific (1, 2)

     54,037       56,551       16,398       16,862  

Other

     13       520       —       19  
    $ 77,716     $ 73,257     $ 27,207     $ 24,073  
                                 

(1) China

   $ 39,748     $ 42,978     $ 10,723     $ 12,538  

(2) South Korea

     * )     * )   $ 3,033       * )

 

*) 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. 

 

   

Nine months ended
September 30,

    

Three months ended
September 30,

  
   

2024

(unaudited)

    

2023

(unaudited)

    

2024

(unaudited)

    

2023

(unaudited)

  
                                 

Customer A

     13 %     10 %     13 %     14 %

Customer B

     * )     —       17 %     —  

Customer C

     * )     * )     * )     14 %
Customer D     * )     * )     —       12 %

 

*) Less than 10%