SIGNIFICANT CUSTOMERS, CONCENTRATION OF CREDIT RISK AND GEOGRAPHIC INFORMATION

6 Months Ended

Jun. 30, 2016

SIGNIFICANT CUSTOMERS, CONCENTRATION OF CREDIT RISK AND GEOGRAPHIC INFORMATION

SIGNIFICANT CUSTOMERS, CONCENTRATION OF CREDIT RISK AND GEOGRAPHIC INFORMATION

NOTE 6-SIGNIFICANT CUSTOMERS, CONCENTRATION OF CREDIT RISK AND GEOGRAPHIC INFORMATION

We manage and operate our business through one operating segment.

Net revenues from customers equal to, or greater than, 10% of total net revenues are as follows:


	Three months ended June 30,						Six months ended June 30,
	2016			2015			2016			2015
	(in thousands)						(in thousands)
Customer A		20	%		23	%		20	%		20	%
Customer B		14	%		*	%		13	%		*	%
Customer C		12	%		16	%		11	%		19	%
Customer D		12	%		23	%		10	%		20	%
Customer E		10	%		*			10	%		*

*Less than 10% of total net revenues

Net revenues by geographic area are as follows:


	Three months ended June 30,				Six months ended June 30,
	2016		2015		2016		2015
	(in thousands)				(in thousands)
United States	$	1,913	$	1,576	$	3,492	$	2,872
Asia		632		862		1,317		1,387
Europe and other		509		403		1,050		839
Revenue, net	$	3,054	$	2,841	$	5,859	$	5,098

Revenues by geographic area are based on the country of shipment. The geographic location of distributors and third-party manufacturing service providers may be different from the geographic location of the purchasers and/or ultimate end users.

We provide credit only to creditworthy third parties who are subject to our credit verification procedures. Accounts receivable balances are monitored on an ongoing basis, and accounts deemed to have credit risk are fully reserved. At June 30, 2016, four customers accounted for 24%, 21%, 12% and 12% of total accounts receivable, respectively. At December 31, 2015, four customers accounted for approximately 33%, 19%, 14% and 11% of total accounts receivable, respectively. Our allowance for doubtful accounts was nil and $10,000 as of June 30, 2016 and December 31, 2015, respectively.

Our long-lived assets were geographically located as follows:


	June 30,		December 31,
	2016		2015
	(in thousands)
United States	$	60	$	45
Asia		261		144
Total long-lived assets	$	321	$	189