Note 17 - Segments and Geographic Areas

12 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

17.         Segments and Geographic Areas

The Company operates in one business segment—the research, development, and sale of medical devices to improve MIS. The Company’s chief operating decision maker (determined to be the Chief Executive Officer) does not manage any part of the Company separately, and the allocation of resources and assessment of performance are based on the Company’s consolidated operating results.

The following table presents consolidated assets and long-lived assets by geographic area, which includes property and equipment, intellectual property, and operating lease assets:

	December 31, 2023
	Long-Lived Assets			Total Assets
US		29	%		46	%
EMEA		68	%		52	%
Asia		3	%		2	%
Total		100	%		100	%

	December 31, 2022
	Long-Lived Assets			Total Assets
US		35	%		72	%
EMEA		62	%		27	%
Asia		3	%		1	%
Total		100	%		100	%

The following table presents sales by geographic area based on the country in which the customer is based.

	Years Ended December 31,
	2023			2022
US		8	%		11	%
EMEA		82	%		77	%
Asia		10	%		12	%
Total		100	%		100	%