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Segment and Geographic Information
 6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Segment and Geographic Information

NOTE 11 —Segment and Geographic Information

 

The Company operates in one reporting segment. Operating segments are defined as components of an enterprise about which separate financial information is evaluated regularly by the chief operating decision maker, who is the chief executive officer, in deciding how to allocate resources and assessing performance. The Company’s chief operating decision maker allocates resources and assesses performance based upon discrete financial information at the consolidated level.

 

The following table summarizes the revenue by region based on ship-to destinations for the three and six months ended:

Summary of Revenue by Region 

                     
   Three Months Ended   Six Months Ended 
   June 30,   June 30, 
   2022   2021   2022   2021 
U.S.  $8,520   $8,111   $19,920   $16,738 
Canada and Latin America   2,896    3,772    4,277    7,115 
Europe and Middle East   536    66    893    327 
Asia Pacific   3    5    123    14 
Total revenues  $11,955   $11,954   $25,213   $24,194 

 

 

SONIM TECHNOLOGIES, INC

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

(In thousands of U.S. dollars except share and per share amounts or as otherwise disclosed)

 

The following table summarizes the composition of revenues for the three and six months ended:

 

                     
   Three Months Ended   Six Months Ended 
   June 30,   June 30, 
   2022   2021   2022   2021 
Product Sales  $11,943   $11,913   $25,187   $24,151 
Services   12    41    26    43 
Total revenues  $11,955   $11,954   $25,213   $24,194 

 

Revenue from customers with concentration greater than 10% in the three and six months ended June 30, 2022 and 2021 accounted for approximately the following percentages of total revenues:

 

   Three Months Ended June 30,   Six Months Ended June 30, 
   2022   2021   2022   2021 
Customer A   *   14%   *   12%
Customer B   15%   14%   14%   24%
Customer C   13%   13%   *   13%
Customer D   *   *   21%   *
Customer E   51%   41%   41%   31%

 

 

*Customer revenue did not exceed 10% in the respective period.