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Segment and Geographic Information
 12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Segment and Geographic Information

NOTE 11—SEGMENT AND GEOGRAPHIC INFORMATION

The Company reports segment data based on the management approach, which designates the internal reporting that is used by management for making operating and investment decisions and evaluating performance as the source of the Company’s reportable segments. The Company uses one measurement of profitability and does not disaggregate its business for internal reporting. The Company has determined that it has operated in one segment and has provided wireless handsets and accessories to carriers, distributors and OEM customers in Latin America, Asia Pacific, Europe, Africa and the United States for the years covered in the table below. The table summarizes the Company’s net sales by geographic area for the years ended December 31, 2015, 2014 and 2013 (in thousands):

 

     2015      2014      2013  

Central America

    $ 8,223       $ 15,887       $ 17,296   

South America

      9,879         12,767         9,048   

Mexico

      13,339         8,063         2,908   

U.S.-based distributors selling to Latin America

      11,853         7,240         6,422   

United States

      4,511         2,582         1,051   

EMEA

      —           1,530         961   

Asia Pacific

      28         75         209   
  

 

 

     

 

 

     

 

 

  

Total

    $ 47,833       $ 48,144       $ 37,895   
  

 

 

     

 

 

     

 

 

  

During the year ended December 31, 2015 sales to customers in Mexico, Peru and Guatemala represented 28%, 10% and 10% of the Company’s consolidated net revenue, respectively. Also in 2015, sales to a U.S.-based distributor who sells into the open market in Central America represented 18% of net revenue. In 2014, sales to customers in Peru, Mexico, Puerto Rico and to the same U.S.-based distributor selling into Central America represented 25%, 17%, 12% and 11% of the Company’s consolidated net revenue, respectively. In 2013, sales to customers in Peru, Guatemala, Puerto Rico and to the same U.S.-based distributor selling into Central America represented 20%, 15%, 13% and 14% of the Company’s consolidated net revenue, respectively. Sales in no other individual country amounted to 10% or more of the Company’s consolidated net revenue in any of the three years covered above.

Fixed assets, which represent approximately 1% of the Company’s net assets, are principally located in the Company’s offices in the United States or in China at the Company’s quality and production control office or contract manufacturing facilities.