Information Concerning Product Lines, Geographic Information and Revenue Concentration

9 Months Ended

Sep. 29, 2019

Information Concerning Product Lines, Geographic Information and Revenue Concentration

Note 14 — Information Concerning Product Lines, Geographic Information and Revenue Concentration

The Company identifies its business segment based on business activities, management responsibility and geographic location. For all periods presented, the Company operated in a single reportable business segment.

The following is a breakdown of revenue by product line (in thousands):

	Three Months Ended				Nine Months Ended
	September 29, 2019		September 30, 2018		September 29, 2019		September 30, 2018
Revenue by product line⁽¹⁾:
New products	$	1,015	$	1,523	$	2,413	$	4,404
Mature products		1,143		1,987		5,026		4,992
Total revenue	$	2,158	$	3,510	$	7,439	$	9,396

(1)	For all periods presented: New products include all products manufactured on 180 nanometer or smaller semiconductor processes, eFPGA IP license, Quick AI and Software revenues. Mature products include all products produced on semiconductor processes larger than 180 nanometer.

The following is a breakdown of revenue by shipment destination (in thousands):

	Three Months Ended				Nine Months Ended
	September 29, 2019		September 30, 2018		September 29, 2019		September 30, 2018
Revenue by geography:
Asia Pacific ⁽¹⁾	$	528	$	1,737	$	2,496	$	4,030
North America⁽²⁾		1,518		1,370		3,747		4,409
Europe		112		403		1,196		957
Total revenue	$	2,158	$	3,510	$	7,439	$	9,396

⁽¹⁾

Asia Pacific includes revenue from Japan of $510,000, or 24% of total revenue for the quarter ended September 29, 2019, and revenue from China of $842,000, or 24% of total revenue, for the quarter ended September 30, 2018. For the nine months ended September 29, 2019 and September 30, 2018, revenue from Japan was $1.3 million, or 17% and $1.2 million or 13% of total revenue, respectively. Revenue from China was $1.4 million, or 15% of total revenue for the nine months ended September 30, 2018, respectively.

⁽²⁾

North America includes revenue from the United States of $1.4 million, or 67% of total revenue, and $1.4 million, or 39% of total revenue, for the three months ended September 29, 2019 and September 30, 2018, respectively. For the nine months ended September 29, 2019 and September 30, 2018 revenue from the United States was $3.6 million, or 49% of total revenue, and $4.3 million, or 46% of total revenue, respectively.

The following distributors and customers accounted for 10% or more of the Company's revenue for the periods presented:

	Three Months Ended						Nine Months Ended
	September 29, 2019			September 30, 2018			September 29, 2019			September 30, 2018
Distributor "A"		55	%		29	%		43	%		33	%
Distributor "C"	*			*				10	%	*
Distributor "E"		11	%	*			*			*
Distributor "G"	*				11	%		12	%	*
Distributor "I"	*				13	%	*			*
Customer "G"	*				17	%	*				12	%
Customer "B"		17	%		12	%		14	%		12	%
Customer "F"		11	%	*			*			*
Customer "I"	*				10	%		11	%	*
Customer "J"		10	%	*			*				12	%
Customer "K"	*				13	%	*			*
Customer "N"		14	%	*			*			*

The following distributors and customers accounted for 10% or more of the Company's accounts receivable as of the dates presented:

	September 29, 2019			December 30, 2018
Distributor "A"		42	%		35	%
Distributor "E"		18	%	*
Distributor "G"	*				10	%
Distributor "J"		20	%	*
Customer "M"	*				23	%

_______________

*	Represents less than 10% of revenue and accounts receivable as of the date presented.

As of September 29, 2019, 11% of the Company's long-lived assets, including property and equipment and other assets, were located outside the United States.