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SEGMENTS AND DISAGGREGATION OF REVENUE
 3 Months Ended
Mar. 30, 2024
Segment Reporting [Abstract]  
SEGMENTS AND DISAGGREGATION OF REVENUE

13. SEGMENTS AND DISAGGREGATION OF REVENUE

 

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

 

Total long-lived assets by country at March 30, 2024 and December 30, 2023 were:

 

Total Long-lived Assets (in thousands)  March 30, 2024   December 30, 2023 
United States  $4,343   $4,424 
United Kingdom   198    244 
Total  $4,541   $4,668 

 

The Company disaggregates its revenue from contracts with customers by geographic location and by display application, as it believes this best depicts how the nature, amount, timing and uncertainty of its revenue and cash flows are affected by economic factors.

 

During the three months ended March 30, 2024 and April 1, 2023, the Company derived its sales from the following geographies:

 

   March 30, 2024   April 1, 2023 
(In thousands, except percentages)  Revenue   % of Total   Revenue   % of Total 
United States  $9,185    91%  $8,977    84%
Other Americas   5    —    —    — 
Total Americas   9,190    91    8,977    84 
Asia – Pacific   671    7    1,409    13 
Europe   172    2    372    3 
Total Revenues  $10,033    100%  $10,758    100%

 

During the three months ended March 30, 2024 and April 1, 2023, the Company derived its sales from the following display applications:

 

(In thousands)  March 30, 2024   April 1, 2023 
Defense  $8,233   $6,420 
Industrial   768    925 
Consumer   25    310 
R&D   900    2,896 
License and royalties   107    207 
Total Revenues  $10,033   $10,758