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Geographic Information and Concentrations of Risk
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Geographic Information and Concentrations of Risk

Note 9. Geographic Information and Concentrations of Risk

 

Geographic Information

 

The following table details the Company’s revenues by geographic region based on shipping destination (in thousands):

 

                    
   Three Months Ended
September 30,
   Nine Months Ended
September 30,
 
   2024   2023   2024   2023 
United States and Canada  $51,072   $40,181   $137,356   $129,458 
Europe (including United Kingdom)  $2,866   $1,172    4,243    1,242 
Other  $94   $4    1,558    667 
Total  $54,032   $41,357   $143,157   $131,367 

 

Concentrations of Credit Risk

 

For the three months ended September 30, 2024, two customers accounted for 38.6% and 36.7% of revenues, respectively. For the three months ended September 30, 2023, two customers accounted for 41.3% and 34.8% of revenues, respectively.

 

For the nine months ended September 30, 2024, two customers accounted for 43.3% and 31.9% of revenues, respectively. For the nine months ended September 30, 2023, two customers accounted for 36.8% and 33.5%, respectively, of revenues.

 

As of September 30, 2024, three customers accounted for 42.4%, 24.0%, and 20.9% of accounts receivable, net, respectively. As of December 31, 2023, two customers accounted for 51.9% and 12.7% of accounts receivable, net, respectively.