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Segment and Geographic Information
 9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Segment and Geographic Information

NOTE 12 —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 nine months ended:

Summary of Revenue by Region 

   2022   2021   2022   2021 
   Three Months Ended   Nine Months Ended 
   September 30,   September 30, 
   2022   2021   2022   2021 
U.S.  $4,351   $11,786   $24,284   $28,524 
Canada and Latin America   1,855    1,105    6,132    8,220 
Europe and Middle East   266    605    1,159    932 
Asia Pacific   14,025    949    14,135    963 
Total revenues  $20,497   $14,445   $45,710   $38,639 

 

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

 

   2022   2021   2022   2021 
   Three Months Ended   Nine Months Ended 
   September 30,   September 30, 
   2022   2021   2022   2021 
Product Sales  $20,497   $14,412   $45,684   $38,563 
Services   0    33    26    76 
Total revenues  $20,497   $14,445   $45,710   $38,639 

 

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

 

   Three Months Ended September 30,   Nine Months Ended September 30, 
   2022   2021   2022   2021 
Customer A   68%   *    30%   * 
Customer B   16%   21%   30%   27%
Customer C   *    28%   11%   13%
Customer D   *    25%   10%   24%

 

 

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