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Product Line, Customer and Geographic Information (Tables)
12 Months Ended
Dec. 31, 2022
Result of Product Line Revenues and Gross Profits

Product Line Information:

The following tables are the product line revenues and gross profits for the years ended December 31, 2022, and 2021:
 

 

 

Year Ended December 31, 2022

 

 

 

Antennas and Industrial IoT Devices

 

 

Test & Measurement Products

 

 

Corporate

 

 

Total

 

Revenues

 

$

69,662

 

 

$

30,565

 

 

$

(799

)

 

$

99,428

 

Gross Profit

 

$

23,293

 

 

$

22,660

 

 

$

(220

)

 

$

45,733

 

Gross Profit %

 

 

33.4

%

 

 

74.1

%

 

NA

 

 

 

46.0

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2021

 

 

 

Antennas and Industrial IoT Devices

 

 

Test & Measurement Products

 

 

Corporate

 

 

Total

 

Revenues

 

$

63,025

 

 

$

25,704

 

 

$

(922

)

 

$

87,807

 

Gross Profit

 

$

21,031

 

 

$

19,592

 

 

$

(145

)

 

$

40,478

 

Gross Profit %

 

 

33.4

%

 

 

76.2

%

 

NA

 

 

 

46.1

%

Customers Accounted Revenues by Geographic Location

Geographic Information:

 

The Company’s revenue to customers by geographic location, as a percent of total revenues, is as follows:

 

 

 

Years Ended December 31,

Region

 

2022

 

2021

Europe, Middle East, & Africa

 

21%

 

23%

Asia Pacific

 

6%

 

8%

Other Americas

 

3%

 

4%

Total Foreign sales

 

30%

 

35%

Total Domestic sales

 

70%

 

65%

 

 

100%

 

100%

 

 

 

 

 

Long-lived Assets by Geographic Region

The long-lived assets by geographic region are as follows:

 

 

December 31,

 

 

 

2022

 

 

2021

 

United States

 

$

15,204

 

 

$

17,070

 

Sweden

 

 

5,008

 

 

 

4,897

 

China

 

 

41

 

 

 

333

 

 

 

$

20,253

 

 

$

22,300

 

 

 

 

 

 

 

 

Revenue [Member]  
Schedule of Revenues and Total Trade Accounts Receivable Represents Customers Accounted for 10% or More Percentage

One customer accounted for 15% and 10% of revenues during the years ended December 31, 2022, and 2021, respectively.

 

 

 

Years Ended December 31,

Revenues

 

2022

 

2021

Customer C

 

15%

 

10%

Trade Accounts Receivable [Member]  
Schedule of Revenues and Total Trade Accounts Receivable Represents Customers Accounted for 10% or More Percentage

The following table represents the three customers that accounted for 10% or more of total trade accounts receivable on December 31, 2022. As of December 31, 2021, no customer accounted for more than 10% of accounts receivables.

 

 

 

As of December 31,

Trade Accounts Receivable

 

2022

 

2021

Customer A

 

12%

 

5%

Customer C

 

12%

 

9%

Customer D

 

11%

 

6%