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Segment and Geographic Information
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment and Geographic Information

NOTE 12 – SEGMENT AND GEOGRAPHIC INFORMATION

The Company's continuing operations comprise a single reportable segment. Operating segments are identified based on the manner in which the Chief Operating Decision Maker ("CODM") evaluates financial performance and allocates resources.

The Company's Chief Executive Officer has been identified as the CODM. The CODM reviews financial information for purposes of assessing performance and making decisions regarding resource allocation. The CODM evaluates performance using gross profit and operating profit.

Although the Company generates revenue from multiple products and serves customers across various geographical regions, its products are designed and manufactured using similar processes and supported by centralized functions, including sales, marketing, finance, and human resources. Additionally, the Company's long-lived assets and capital expenditures related to continuing operations are deployed and managed on a consolidated basis.

The Company, through its single reportable segment, designs, manufactures, and markets specialized enterprise class high-performance compute, high speed switch fabrics, and storage hardware and software to target edge applications.

Segment details for the Company's single reportable segment are the same as those for the Company's continuing operations, as reported in the consolidated financial statements.

 

Revenue from customers with non-U.S. billing addresses represented approximately 14% and 9% of the Company’s revenue during the three month periods ended June 30, 2026 and 2025, respectively, and 12% and 11% of the Company's revenue during the six month periods ended June 30, 2026 and 2025, respectively.

 

As of June 30, 2026, all the Company’s long-lived assets are in the United States of America.