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Information Concerning Product Lines, Geographic Information and Revenue Concentration
6 Months Ended
Jun. 28, 2020
Segment Reporting [Abstract]  
Information Concerning Product Lines, Geographic Information and Revenue Concentration

Note 14 — Information Concerning Product Lines, Geographic Information and Revenue Concentration

The Company identifies its business segment based on business activities, management responsibility and geographic location. For all periods presented, the Company operated in a single reportable business segment.

The following is a breakdown of revenue by product line (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 28,

2020

 

 

June 30,

2019

 

 

June 28,

2020

 

 

June 30,

2019

 

Revenue by product line (1):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

New products

 

$

820

 

 

$

711

 

 

$

1,306

 

 

$

1,398

 

Mature products

 

 

1,376

 

 

 

1,376

 

 

 

3,048

 

 

 

3,883

 

Total revenue

 

$

2,196

 

 

$

2,087

 

 

$

4,354

 

 

$

5,281

 

(1)

For all periods presented: New products include all products manufactured on 180 nanometer or smaller semiconductor processes, eFPGA IP license, Quick AI and SensiML AI software as a service (“SaaS”) revenues. Mature products include all products produced on semiconductor processes larger than 180 nanometer.

The following is a breakdown of revenue by shipment destination (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 28,

2020

 

 

June 30,

2019

 

 

June 28,

2020

 

 

June 30,

2019

 

Revenue by geography:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asia Pacific (1)

 

$

779

 

 

$

537

 

 

$

1,185

 

 

$

1,968

 

North America (2)

 

 

1,282

 

 

 

1,066

 

 

 

2,234

 

 

 

2,229

 

Europe

 

 

135

 

 

 

484

 

 

 

935

 

 

 

1,084

 

Total revenue

 

$

2,196

 

 

$

2,087

 

 

$

4,354

 

 

$

5,281

 

 

(1)

Asia Pacific includes revenue from Japan of $771,000, or 35% of total revenue and $330,000 or 16% of total revenue for the quarters ended June 28, 2020, and June 30, 2019, respectively. For the six months ended June 28, 2020 and June 30, 2019, revenue from Japan was $1.2 million, or 27% of total revenue, and $764,000, or 14% of total revenue, respectively.

(2)

North America includes revenue from the United States of $1.3 million, or 58% of total revenue, and $1.1 million, or 51% of total revenue, for the three months ended June 28, 2020 and June 30, 2019, respectively. For the six months ended June 28, 2020 and June 30, 2019 revenue from the United States was $2.2 million, or 51% of total revenue, and $2.2 million, or 42% of total revenue, respectively.

The following distributors and customers accounted for 10% or more of the Company's revenue for the periods presented:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 28,

2020

 

 

June 30,

2019

 

 

June 28,

2020

 

 

June 30,

2019

 

Distributor "A"

 

 

25

%

 

 

40

%

 

 

31

%

 

 

38

%

Distributor "C"

 

 

10

%

 

*

 

 

 

17

%

 

 

12

%

Distributor "E"

 

 

29

%

 

*

 

 

 

21

%

 

*

 

Distributor "G"

 

*

 

 

*

 

 

*

 

 

 

16

%

Customer "B"

 

 

12

%

 

 

18

%

 

 

13

%

 

 

13

%

Customer "E"

 

*

 

 

 

18

%

 

*

 

 

*

 

Customer "F"

 

 

29

%

 

*

 

 

 

21

%

 

*

 

Customer "I"

 

*

 

 

*

 

 

*

 

 

 

16

%

Customer "M"

 

 

12

%

 

*

 

 

*

 

 

*

 

 

The following distributors and customers accounted for 10% or more of the Company's accounts receivable as of the dates presented:

 

 

 

June 28,

2020

 

 

December 29,

2019

 

Distributor "A"

 

 

15

%

 

 

20

%

Distributor "C"

 

*

 

 

 

23

%

Distributor "E"

 

 

35

%

 

 

12

%

Distributor "J"

 

*

 

 

 

31

%

Distributor "K"

 

 

11

%

 

*

 

Customer "M"

 

 

24

%

 

*

 

_______________

*

Represents less than 10% of revenue and accounts receivable as of the date presented.

As of June 28, 2020, 7% of the Company's long-lived assets, including property and equipment and other assets, were located outside the United States.