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Business Segments, Concentration of Credit Risk and Significant Customers
12 Months Ended
Dec. 31, 2015
Business Segments, Concentration of Credit Risk and Significant Customers  
Business Segments, Concentration of Credit Risk and Significant Customers

Note 9: Business Segments, Concentration of Credit Risk and Significant Customers

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

        Financial instruments that potentially subject the Company to significant concentrations of credit risk consist principally of cash, cash equivalents, short-term and long-term investments and accounts receivable. Cash, cash equivalents and short-term and long term investments are deposited with high credit-quality institutions.

        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):

                                                                                                                                                                                    

 

 

Years Ended December 31,

 

 

 

2015

 

2014

 

2013

 

North America

 

$

2,222 

 

$

1,485 

 

$

1,318 

 

Taiwan

 

 

1,396 

 

 

1,894 

 

 

1,831 

 

Japan

 

 

667 

 

 

1,961 

 

 

1,207 

 

Rest of world

 

 

105 

 

 

40 

 

 

42 

 

​  

​  

​  

​  

​  

​  

Total net revenue

 

$

4,390 

 

$

5,380 

 

$

4,398 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

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

                                                                                                                                                                                    

 

 

Years Ended December 31,

 

 

 

2015

 

2014

 

2013

 

Customer A

 

 

34 

%

 

*

 

 

*

 

Customer B

 

 

31 

%

 

34 

%

 

41 

%

Customer C

 

 

12 

%

 

31 

%

 

*

 

Customer D

 

 

*

 

 

11 

%

 

13 

%


 

 

*          

Represents percentage less than 10%.

        Three customers accounted for 94% of net accounts receivable at December 31, 2015. Three customers accounted for 97% of net accounts receivable at December 31, 2014.

        Net long-lived assets (property and equipment), classified by major geographic areas, was (in thousands):

                                                                                                                                                                                    

 

 

December 31,

 

 

 

2015

 

2014

 

 

 

(in thousands)

 

U.S. 

 

$

1,578 

 

$

766 

 

Non-U.S. 

 

 

52 

 

 

88 

 

​  

​  

​  

​  

Total

 

$

1,630 

 

$

854 

 

​  

​  

​  

​  

​  

​  

​  

​