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12. SEGMENT AND GEOGRAPHIC INFORMATION

9 Months Ended

Dec. 31, 2020

SEGMENT AND GEOGRAPHIC INFORMATION

NOTE 12 - SEGMENT AND GEOGRAPHIC INFORMATION

NOTE 12—SEGMENT AND GEOGRAPHIC INFORMATION

Based on its operating management and financial reporting structure, the Company has determined that it has one reportable business segment: the design, development and sale of integrated circuits.

The following is a summary of net revenues by geographic area based on the location to which product is shipped:

		Three Months Ended December 31,						Nine Months Ended December 31,
		2020			2019			2020			2019
		(In thousands)
United States		$	3,550		$	4,408		$	9,363		$	12,794
China			760			1,221			1,762			4,590
Singapore			772			766			2,608			5,538
Netherlands			951			417			4,083			5,169
Germany			615			2,958			1,653			5,870
Rest of the world			115			279			574			847
		$	6,763		$	10,049		$	20,043		$	34,808

All sales are denominated in United States dollars.

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- References

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- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

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