XML 31 R20.htm IDEA: XBRL DOCUMENT v3.24.2.u1
SEGMENTS AND DISAGGREGATION OF REVENUE
6 Months Ended
Jun. 29, 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 June 29, 2024 and December 30, 2023 were:

 

Total Long-lived Assets (in thousands)  June 29, 2024   December 30, 2023 
United States  $4,459   $4,424 
United Kingdom   162    244 
Total  $4,621   $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 and six months ended June 29, 2024 and July 1, 2023, the Company derived its sales from the following geographies:

 

   Three months
ended
   Three months
ended
   Six months
ended
   Six months
ended
 
   June 29, 2024   July 1, 2023   June 29, 2024   July 1, 2023 
(In thousands, except percentages)  Revenue   % of Total   Revenue   % of Total   Revenue   % of Total   Revenue   % of Total 
United States  $11,556    93%  $8,931    86%  $20,740    92%  $17,909    85%
Other Americas           5        5        5     
Total Americas   11,556    93    8,936    86    20,745    92    17,914    85 
Asia - Pacific   578    5    1,184    11    1,249    6    2,593    12 
Europe   202    2    340    3    375    2    711    3 
Total Revenues  $12,336    100%  $10,460    100%  $22,369    100%  $21,218    100%

 

During the three and six months ended June 29, 2024 and July 1, 2023, the Company derived its sales from the following display applications:

 

   Three months ended   Three months ended   Six months ended   Six months ended 
(In thousands)  June 29, 2024   July 1, 2023   June 29, 2024   July 1, 2023 
Defense  $10,439   $5,067   $18,672   $11,487 
Industrial   615    884    1,383    1,808 
Consumer       59    25    370 
R&D   1,170    3,884    2,070    6,780 
License and royalties   112    566    219    773 
Total Revenues  $12,336   $10,460   $22,369   $21,218