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Segment Information
6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Segment Information

4. Segment Information

Geographic Information

The Company derives its revenue from a single reporting segment: automatic identification solutions. Revenue is generated in this segment primarily through software development services and software subscriptions. The Company markets its products in the U.S. and in non-U.S. countries through its sales personnel and partners.

Revenue by geographic area, based upon the “bill-to” location, was as follows:

 

 

 

Three

 

 

Three

 

 

Six

 

 

Six

 

 

 

Months

 

 

Months

 

 

Months

 

 

Months

 

 

 

Ended

 

 

Ended

 

 

Ended

 

 

Ended

 

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Domestic

 

$

2,007

 

 

$

1,640

 

 

$

4,370

 

 

$

3,362

 

International (1)

 

 

5,740

 

 

 

4,638

 

 

 

10,788

 

 

 

9,616

 

Total

 

$

7,747

 

 

$

6,278

 

 

$

15,158

 

 

$

12,978

 

 

(1)

Revenue from the Central Banks, consisting of a consortium of central banks around the world, is classified as international revenue. Reporting revenue by country for this customer is not practicable.

Major Customers

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

 

 

 

Three

 

 

Three

 

 

Six

 

 

Six

 

 

 

Months

 

 

Months

 

 

Months

 

 

Months

 

 

 

Ended

 

 

Ended

 

 

Ended

 

 

Ended

 

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Central Banks

 

 

47

%

 

 

61

%

 

 

47

%

 

 

59

%

Walmart Inc.

 

*

 

 

 

13

%

 

*

 

 

 

12

%

 

Long-Lived Tangible Assets by Geographical Area

Long-lived tangible assets by geographic area was as follows:

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

United States

 

$

2,796

 

 

$

2,875

 

Europe

 

 

86

 

 

 

 

Total

 

$

2,882

 

 

$

2,875