Concentration of Credit Risk

3 Months Ended

Mar. 31, 2021

Note 16. Concentration of Credit Risk

(a) Concentration of Sales and Accounts Receivable

The following represents customers that accounted for 10% or more of total revenue during the three months ended March 31, 2021 and 2020, and customers that accounted for 10% or more of total trade accounts receivable at March 31, 2021 and 2020.


	Three months ended March 31,
	2021			2020
Percentage of net revenue
Customer A		25	%		36	%
Customer B		15			9


	As of March 31,
	2021			2020
Percentage of gross trade accounts receivable
Customer A		23	%		37	%
Customer B		20			—
Customer C		10			8

(b) Concentration of Purchases

During the three months ended March 31, 2021, the Company’s products were primarily manufactured by three contract manufacturers in China, one in Myanmar, one in Minnesota and by the Company’s Arizona facility.

The Company’s property and equipment, net by geographic region are as follows:


	As of
	March 31, 2021		December 31, 2020
North America	$	2,051	$	1,942
Asia Pacific (APAC)		247		183
Europe, Middle East and Africa (EMEA)		171		252
Property and equipment, net	$	2,469	$	2,377