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Segment Information and Concentrations (Tables)
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Revenue by geographic areas

Segment Information

The Company operates in one segment—mobile systems solutions for businesses. Mobile systems solutions typically consist of mobile devices such as smartphones or tablets, some with data collection peripherals, and third-party vertical applications software. The Company markets its products in the United States and foreign countries through two-tier distribution. Revenues for the geographic areas for three and nine months ended September 30, 2016 and 2015 were as follows:

 

 

  

Three Months Ended

September 30,

 

Nine Months Ended

September 30,

   2016  2015  2016  2015
Revenues:            
   United States  $4,030,547   $3,698,721   $12,308,704   $10,107,697 
   Europe   821,782    519,765    2,237,439    1,919,880 
   Asia and rest of world   249,801    299,412    811,515    981,318 
      Total revenues  $5,102,130  $4,517,898  $15,357,658  $13,008,895

 

 

Export revenues are attributable to countries based on the location of the Company’s customers. The Company does not hold long-lived assets in foreign locations.

Major customers accounted for at least 10% of total revenues

Major Customers

Customers who accounted for at least 10% of the Company’s total revenues in the three and nine month periods ended September 30, 2016 and 2015 were as follows:

 

  

Three Months Ended

September 30,

 

Nine Months Ended

September 30,

   2016  2015  2016  2015
Ingram Micro Inc.   29%   30%   27%   29%
BlueStar, Inc.   21%   27%   23%   23%
ScanSource, Inc.   19%   19%   16%   20%
Spinal Modulation, Inc.   *    *    10%   * 

_____________

* Customer accounted for less than 10% of total revenues for the period

Major customers accounted for at least 10% of net accounts receivable balances

Customers who accounted for at least 10% of the Company’s accounts receivable balances at September 30, 2016 and December 31, 2015 were as follows:

 

 

   September 30,  December 31,
   2016  2015
Ingram Micro Inc.   27%   35%
ScanSource, Inc.   22%   17%
BlueStar, Inc.   21%   22%
ScanSource Europe SPRL   11%   * 

_____________

* Customer accounted for less than 10% of net accounts receivable balance at period end