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SEGMENTS AND DISAGGREGATION OF REVENUE
 9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
SEGMENTS AND DISAGGREGATION OF REVENUE

13. SEGMENTS AND DISAGGREGATION OF REVENUE

 

We continually monitor and review our segment reporting structure in accordance with authoritative guidance to determine if any changes have occurred that would affect our reportable segments. We report under one segment, as our Chief Executive Officer, who is our chief operating decision maker (“CODM”), reviews results on a total company basis.

 

Total long-lived assets by country at September 30, 2023 and December 31, 2022 were as follows:

   

Total Long-lived Assets (in thousands)  September 30, 2023   December 31, 2022 
United States  $4,194   $4,604 
United Kingdom   271    396 
Total  $4,465   $5,000 

 

We disaggregate our revenue from contracts with customers by geographic location and by display application, as we believe it best depicts how the nature, amount, timing and uncertainty of our revenue and cash flows are affected by economic factors.

 

During the three and nine months ended September 30, 2023 and September 24, 2022, the Company derived its sales from the following geographies:

   

   Three months ended   Three months ended   Nine months ended   Nine months ended 
   September 30, 2023   September 24, 2022   September 30, 2023   September 24, 2022 
(In thousands, except percentages)  Revenue   % of Total   Revenue   % of Total   Revenue   % of Total   Revenue   % of Total 
United States  $9,879    94%  $9,360    80%  $27,788    88%  $28,695    82%
Other Americas   —    —    4    —    5    —    4    - 
Total Americas   9,879    94    9,364    80    27,793    88    28,699    82 
Asia – Pacific   363    3    2,039    17    2,956    9    5,747    16 
Europe   356    3    326    3    1,068    3    771    2 
Total Revenues  $10,598    100%  $11,729    100%  $31,817    100%  $35,217    100%

 

During the three and nine months ended September 30, 2023 and September 24, 2022, the Company derived its sales from the following display applications:

   

   Three months ended   Three months ended   Nine months ended   Nine months ended 
(In thousands)  September 30, 2023   September 24, 2022   September 30, 2023   September 24, 2022 
Defense  $4,996   $5,851   $16,482   $17,695 
Industrial   310    1,727    2,118    4,889 
Consumer   200    676    573    1,182 
R&D   4,956    3,375    11,737    11,089 
License and royalties   136    100    907    362 
Total Revenues  $10,598   $11,729   $31,817   $35,217