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Concentration of Credit Risk
6 Months Ended
Jun. 30, 2022
Risks and Uncertainties [Abstract]  
Concentration of Credit Risk

Note 17. Concentration of Credit Risk

 

(a) Concentration of Sales and Accounts Receivable

The following represents customers that accounted for 10% or more of total revenue:

 

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Customer A

 

 

28

%

 

 

11

%

 

 

28

%

 

 

13

%

Customer B

 

 

22

%

 

 

24

%

 

 

19

%

 

 

25

%

Customer C

 

 

14

%

 

 

4

%

 

 

15

%

 

 

3

%

Customer D

 

 

14

%

 

 

21

%

 

 

14

%

 

 

18

%

 

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

 

 

 

 

 

 

 

 

 

 

June 30, 2022

 

 

December 31, 2021

 

Customer A

 

 

39

%

 

 

29

%

Customer B

 

 

14

%

 

 

2

%

Customer C

 

 

13

%

 

 

3

%

Customer D

 

 

11

%

 

 

11

%

 

(b) Concentration of Purchases

During the three and six months ended June 30, 2022, the Company’s products were primarily manufactured by five contract manufacturers with locations in China, Mexico, Minnesota, and Vietnam and at the Company’s Arizona facility (see Note 16).

 

(c) Concentration of Property and Equipment

The Company’s property and equipment, net by geographic region, are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

June 30, 2022

 

 

December 31, 2021

 

North America

 

$

2,601

 

 

$

2,288

 

Asia Pacific (APAC)

 

 

170

 

 

 

217

 

Europe, Middle East and Africa (EMEA)

 

 

180

 

 

 

193

 

Property and equipment, net

 

$

2,951

 

 

$

2,698