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SEGMENTS AND DISAGGREGATION OF REVENUE
9 Months Ended
Sep. 28, 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 September 28, 2024 and December 30, 2023 were:

 

Total Long-lived Assets (in thousands)  September 28, 2024   December 30, 2023 
United States  $4,199   $4,424 
United Kingdom   123    244 
Total  $4,322   $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 nine months ended September 28, 2024 and September 30, 2023, the Company derived its sales from the following geographies:

 

   Three months
ended
   Three months
ended
   Nine months
ended
   Nine months
ended
 
   September 28, 2024   September 30, 2023   September 28, 2024   September 30, 2023 
(In thousands, except percentages)  Revenue   % of Total   Revenue   % of Total   Revenue   % of Total   Revenue   % of Total 
United States  $12,612    95%  $9,879    94%  $33,352    93%  $27,788    88%
Other Americas                   5        5     
Total Americas   12,612    95    9,879    94    33,357    93    27,793    88 
Asia - Pacific   382    3    363    3    1,632    5    2,956    9 
Europe   326    2    356    3    700    2    1,068    3 
Total Revenues  $13,320    100%  $10,598    100%  $35,689    100%  $31,817    100%

 

During the three and nine months ended September 28, 2024 and September 30, 2023, 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 28, 2024   September 30,
2023
   September 28, 2024   September 30,
2023
 
Defense  $10,434   $4,996   $29,095   $16,482 
Industrial   489    310    1,883    2,118 
Consumer       200    25    573 
R&D   2,268    4,956    4,338    11,737 
License and royalties   129    136    348    907 
Total Revenues  $13,320   $10,598   $35,689   $31,817