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Product Line, Customer and Geographic Information
9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Product Line, Customer and Geographic Information

12. Product Line, Customer and Geographic Information

Product Line Information:

The following tables are the product line revenues and gross profits for the three and nine months ended September 30, 2020 and 2019:

 

 

 

Three Months Ended September 30, 2020

 

 

 

Antenna Products

 

 

Test & Measurement

 

 

Corporate

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

12,326

 

 

$

6,810

 

 

$

(213

)

 

$

18,923

 

Gross Profit

 

$

4,336

 

 

$

5,203

 

 

$

36

 

 

$

9,575

 

Gross Profit %

 

 

35.2

%

 

 

76.4

%

 

NA

 

 

 

50.6

%

 

 

 

 

Nine Months Ended September 30, 2020

 

 

 

Antenna Products

 

 

Test & Measurement

 

 

Corporate

 

 

Total

 

Revenues

 

$

37,696

 

 

$

19,011

 

 

$

(436

)

 

$

56,271

 

Gross Profit

 

$

13,228

 

 

$

14,109

 

 

$

(26

)

 

$

27,311

 

Gross Profit %

 

 

35.1

%

 

 

74.2

%

 

NA

 

 

 

48.5

%

 

 

 

Three Months Ended September 30, 2019

 

 

 

Antenna Products

 

 

Test & Measurement

 

 

Corporate

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

16,463

 

 

$

7,240

 

 

$

(73

)

 

$

23,630

 

Gross Profit

 

$

5,712

 

 

$

4,937

 

 

$

(2

)

 

$

10,647

 

Gross Profit %

 

 

34.7

%

 

 

68.2

%

 

NA

 

 

 

45.1

%

 

 

 

 

Nine Months Ended September 30, 2019

 

 

 

Antenna Products

 

 

Test & Measurement

 

 

Corporate

 

 

Total

 

Revenues

 

$

47,565

 

 

$

20,301

 

 

$

(146

)

 

$

67,720

 

Gross Profit

 

$

16,142

 

 

$

13,834

 

 

$

24

 

 

$

30,000

 

Gross Profit %

 

 

33.9

%

 

 

68.1

%

 

NA

 

 

 

44.3

%

 

 

Geographic Information:

 

The Company’s revenue from customers by geographic location, as a percent of total revenues for the three and nine months ended September 30, 2020 and 2019, is as follows:

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

Region

 

2020

 

 

2019

 

2020

 

 

2019

 

Europe, Middle East & Africa

 

16%

 

 

12%

 

16%

 

 

13%

 

Asia Pacific

 

8%

 

 

6%

 

9%

 

 

9%

 

Other Americas

 

3%

 

 

4%

 

2%

 

 

3%

 

Total Foreign sales

 

27%

 

 

22%

 

27%

 

 

25%

 

 

Customer Concentration:    

 

There were no customers that accounted for 10% or more of revenues during the three and nine months ended September 30, 2020 and 2019.

 

The following table represents the customers that accounted for 10% or more of total trade accounts receivable:

 

Trade Accounts Receivable

 

September 30, 2020

 

 

December 31, 2019

 

Customer A

 

16%

 

 

15%

 

Customer B

 

0%

 

 

11%

 

Customer C

 

12%

 

 

8%