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Product Line, Customer and Geographic Information
6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Product Line, Customer and Geographic Information

14. Product Line and Geographic Information

Product Line Information:

The following tables are the product line revenues and gross profits for the three and six months ended June 30, 2021 and 2020:

 

 

 

Three Months Ended June 30, 2021

 

 

 

Antennas & Industrial IoT Devices

 

 

Test & Measurement Products

 

 

Corporate

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

15,562

 

 

$

6,414

 

 

$

(295

)

 

$

21,681

 

Gross Profit

 

$

5,175

 

 

$

4,834

 

 

$

(67

)

 

$

9,942

 

Gross Profit %

 

 

33.3

%

 

 

75.4

%

 

NA

 

 

 

45.9

%

 

 

 

Six Months Ended June 30, 2021

 

 

 

Antennas & Industrial IoT Devices

 

 

Test & Measurement Products

 

 

Corporate

 

 

Total

 

Revenues

 

$

27,285

 

 

$

12,619

 

 

$

(516

)

 

$

39,388

 

Gross Profit

 

$

8,922

 

 

$

9,422

 

 

$

(64

)

 

$

18,280

 

Gross Profit %

 

 

32.7

%

 

 

74.7

%

 

NA

 

 

 

46.4

%

 

 

 

 

 

Three Months Ended June 30, 2020

 

 

 

Antennas & Industrial IoT Devices

 

 

Test & Measurement Products

 

 

Corporate

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

13,910

 

 

$

6,118

 

 

$

(186

)

 

$

19,842

 

Gross Profit

 

$

4,973

 

 

$

4,609

 

 

$

(61

)

 

$

9,521

 

Gross Profit %

 

 

35.8

%

 

 

75.3

%

 

NA

 

 

 

48.0

%

 

 

 

Six Months Ended June 30, 2020

 

 

 

Antennas & Industrial IoT Devices

 

 

Test & Measurement Products

 

 

Corporate

 

 

Total

 

Revenues

 

$

25,370

 

 

$

12,201

 

 

$

(223

)

 

$

37,348

 

Gross Profit

 

$

8,892

 

 

$

8,905

 

 

$

(61

)

 

$

17,736

 

Gross Profit %

 

 

35.0

%

 

 

73.0

%

 

NA

 

 

 

47.5

%

 

 

 

 

Geographic Information:

 

The Company’s revenue from customers by geographic location, as a percent of total revenues for the three and six months ended June 30, 2021 and 2020, is as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

Region

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Europe, Middle East & Africa

 

23%

 

 

16%

 

 

23%

 

 

16%

 

Asia Pacific

 

7%

 

 

9%

 

 

7%

 

 

10%

 

Other Americas

 

4%

 

 

2%

 

 

4%

 

 

2%

 

Total Foreign sales

 

34%

 

 

27%

 

 

34%

 

 

28%

 

 

 

 

Customer Concentration:

 

The following table represents the customers that accounted for 10% or more of revenues during the three and six months ended June 30, 2021 and 2020:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

Revenues

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Customer A

 

11%

 

 

9%

 

 

11%

 

 

10%

 

 

 

 

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

 

Trade Accounts Receivable

 

June 30, 2021

 

 

December 31, 2020

 

Customer B

 

11%

 

 

10%

 

Customer A

 

10%

 

 

7%

 

Customer C

 

7%

 

 

31%