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Geographic Information and Concentrations of Risk
 12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Geographic Information and Concentrations of Risk
c Information
The following table details the geographic concentration of the Company’s assets (in thousands):
 
December 31,
 
2015
 
2014
United States and Canada
$
112,424

 
$
92,430

South Africa
60,580

 
—

Europe, Latin America and Asia
22,749

 
2,590

Australia
3,000

 
—

 
$
198,753

 
$
95,020


The following table details the Company’s concentration of net revenues by geographic region based on shipping destination:
 
Year Ended December 31,
 
2015
 
2014
 
2013
United States and Canada
89.1
%
 
91.2
%
 
95.6
%
Latin America
0.7

 
1.0

 
0.8

Europe, Middle East, Africa and other
9.6

 
6.6

 
3.4

Asia and Australia
0.6

 
1.2

 
0.2

 
100.0
%
 
100.0
%
 
100.0
%

Concentrations of Risk
A majority of the Company’s net revenues are derived from sales of wireless access products. Any significant decline in market acceptance of the Company’s products or in the financial condition of the Company’s customers would have an adverse effect on the Company’s results of operations and financial condition.
A significant portion of the Company’s net revenues comes from a small number of customers. For the years ended December 31, 2015, 2014 and 2013, sales to the Company’s largest customer accounted for 53.6%, 51.6% and 58.0% of net revenues, respectively.
A significant portion of the Company’s accounts receivables comes from a small number of customers. At December 31, 2015 and 2014, the Company had one customer who accounted for 17.4% and 46.1% of total accounts receivable, respectively.
The Company outsources its manufacturing to several third-party manufacturers. If they were to experience delays, disruptions, capacity constraints or quality control problems in their manufacturing operations, product shipments to the Company’s customers could be delayed or the Company’s customers could consequently elect to cancel their underlying orders, which would negatively impact the Company’s net revenues and results of operations.