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Business Segment and Geographic Reporting
 3 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Business Segment and Geographic Reporting

Note 18 — Business Segment and Geographic Reporting

 

Management has determined that the Company has one operating segment. The Company’s reporting segment reflects the manner in which its chief operating decision maker (“CODM”) reviews results and allocates resources. The CODM reviews operating segment performance exclusive of: share-based compensation expense, amortization of intangible assets, depreciation, and other expenses (including legal fees, expenses, and accruals) related to acquisitions, associated integration activities, and certain other non-cash charges.

 

The Company’s single operating segment is also consistent with our internal organizational structure, the way we assess operating performance and allocate sources.

 

Customers

 

The Company has two external customers that accounts for more than 10% of its revenue during the three months ended June 30, 2021 and 2020. Such customers are an original equipment manufacturer (the “OEM”) who provides premium Slacker service in all of their new vehicles and a production customer in connection with the June 2021 Social Gloves event. In the three months ended June 30, 2021 and 2020, total revenue from the OEM was $6.9 million and $6.1 million, respectively. In the three months ended June 30, 2021 and 2020, total revenue from the production customer was $6.4 million and $0, respectively.

 

Geographic Information

 

The Company operates as an internet live music streaming platform based in the United States. All material revenues of the Company are derived from the United States. All long-lived assets of the Company are located in the United States.