Note 11 - CUSTOMER AND GEOGRAPHIC INFORMATION

9 Months Ended

Sep. 30, 2021

Notes to Financial Statements

Note 11 - CUSTOMER AND GEOGRAPHIC INFORMATION

11. CUSTOMER AND GEOGRAPHIC INFORMATION

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or group, in deciding how to allocate resources and in assessing performance.

The Company’s chief operating decision maker, the chief executive officer, reviews discrete financial information presented on a consolidated basis for purposes of regularly making operating decisions, allocation of resources, and assessing financial performance. Accordingly, the Company considers itself to be in one operating and reporting segment, specifically the provision of services for differentiated data and analytics solutions to the semiconductor and electronics industries.

The Company had revenues from individual customers in excess of 10% of total revenues as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
Customer	2021		2020		2021		2020
A	*	%	18	%	*	%	23	%
B	*	%	14	%	*	%	*	%
D	25	%	*	%	12	%	*	%
E	*	%	*	%	10	%	*	%

* represents less than 10%

The Company had gross accounts receivable from individual customers in excess of 10% of gross accounts receivable as follows:

	September 30,		December 31,
Customer	2021		2020
A	*	%	16	%
B	13	%	*	%
C	10	%	11	%
D	25	%	*	%

* represents less than 10%

Revenues from customers by geographic area based on the location of the customers’ work sites are as follows (amounts in thousands):

	Three Months Ended September 30,
	2021				2020
			Percentage				Percentage
	Revenues		of Revenues		Revenues		of Revenues
United States	$	13,983	47	%	$	7,710	33	%
China		4,038	14			6,747	29
Rest of the world		11,534	39			8,655	38
Total revenue	$	29,555	100	%	$	23,112	100	%

	Nine Months Ended September 30,
	2021				2020
			Percentage				Percentage
	Revenues		of Revenues		Revenues		of Revenues
United States	$	34,634	43	%	$	26,242	40	%
China		10,065	12			10,200	16
Japan		8,543	10			3,414	5
Taiwan		5,411	7			8,038	12
Rest of the world		22,521	28			17,784	27
Total revenue	$	81,174	100	%	$	65,678	100	%

Long-lived assets, net by geographic area are as follows (in thousands):

	September 30,		December 31,
	2021		2020
United States	$	41,811	$	43,663
Rest of the world		1,624		2,251
Total long-lived assets, net	$	43,435	$	45,914