XML 36 R25.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information and Revenues by Geography
9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Segment information and revenues by geography

Note 16. Segment information and revenues by geography

The Company’s chief operating decision maker (“CODM”) is its Chief Executive Officer.  The Company’s CODM reviews financial information presented on a consolidated basis for purposes of allocating resources and evaluating financial performance.  Accordingly, the Company determined that it operates as one operating segment and one reporting unit.

Revenues by product were as follows (unaudited and in thousands, except percentages):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2020

 

 

2019

 

 

2020

 

Point-to-Multi-Point

 

$

38,856

 

 

 

59

%

 

$

43,342

 

 

 

59

%

 

$

122,913

 

 

 

61

%

 

$

118,773

 

 

 

61

%

Point-to-Point

 

 

15,976

 

 

 

24

%

 

 

17,967

 

 

 

25

%

 

 

53,440

 

 

 

26

%

 

 

43,679

 

 

 

22

%

Wi-Fi

 

 

10,141

 

 

 

16

%

 

 

9,949

 

 

 

14

%

 

 

24,157

 

 

 

12

%

 

 

29,070

 

 

 

15

%

Other

 

 

730

 

 

 

1

%

 

 

1,713

 

 

 

2

%

 

 

2,456

 

 

 

1

%

 

 

4,132

 

 

 

2

%

Total Revenues

 

$

65,703

 

 

 

100

%

 

$

72,971

 

 

 

100

%

 

$

202,966

 

 

 

100

%

 

$

195,654

 

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Company’s products are predominately distributed through a third-party logistics provider in the United States, Netherlands and China.  The Company has determined the geographical distribution of product revenues based upon the ship-to destinations.

Revenues by geography were as follows (unaudited and in thousands, except percentages):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2020

 

 

2019

 

 

2020

 

North America

 

$

29,032

 

 

 

44

%

 

$

38,656

 

 

 

53

%

 

$

93,452

 

 

 

46

%

 

$

102,145

 

 

 

52

%

Europe, Middle East and Africa

 

 

21,749

 

 

 

33

%

 

 

20,250

 

 

 

28

%

 

 

66,713

 

 

 

33

%

 

 

59,418

 

 

 

30

%

Caribbean and Latin America

 

 

8,008

 

 

 

12

%

 

 

9,138

 

 

 

12

%

 

 

23,527

 

 

 

12

%

 

 

19,021

 

 

 

10

%

Asia Pacific

 

 

6,914

 

 

 

11

%

 

 

4,927

 

 

 

7

%

 

 

19,274

 

 

 

9

%

 

 

15,070

 

 

 

8

%

Total Revenues

 

$

65,703

 

 

 

100

%

 

$

72,971

 

 

 

100

%

 

$

202,966

 

 

 

100

%

 

$

195,654

 

 

 

100

%