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Business Segments and Significant Customers
9 Months Ended
Sep. 30, 2014
Business Segments and Significant Customers  
Business Segments and Significant Customers

Note 5. Business Segments and Significant Customers

 

The Company operates in one business segment and uses one measurement of profitability for its business.  Net revenue attributed to the United States and to all foreign countries is based on the geographical location of the customer.

 

The Company recognized revenue from licensing of its technologies and shipment of ICs to customers in North America, Asia and Europe as follows (in thousands):

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

Taiwan

 

$

485 

 

$

375 

 

$

1,358 

 

$

1,422 

 

Japan

 

356 

 

217 

 

1,755 

 

956 

 

North America

 

311 

 

349 

 

1,094 

 

1,007 

 

Rest of Asia

 

 

16 

 

16 

 

27 

 

Europe

 

 

 

11 

 

 

Total net revenue

 

$

1,153 

 

$

957 

 

$

4,234 

 

$

3,412 

 

 

Customers who accounted for at least 10% of total net revenues were as follows:

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

Customer A

 

40 

%

39 

%

31 

%

41 

%

Customer B

 

27 

%

*

 

37 

%

*

 

Customer C

 

10 

%

13 

%

11 

%

12 

%

Customer D

 

*

 

11 

%

*

 

*

 

 

*Represents percentages less than 10%

 

Four customers accounted for 99% of net accounts receivable at September 30, 2014. Two customers accounted for 96% of net accounts receivable at December 31, 2013.