Major Customer and Geographic Information

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Major Customer and Geographic Information

Note 8. Major Customer and Geographic Information

Our Company’s revenues, expressed as a percentage of total revenues, from non-affiliated customers that equaled 10% or more of the Company’s total revenues were:

	Three Months ended March 31
	2023			2022
Customer A		71	%		43	%
Customer B		12	%		26	%
Customer C		3	%		15	%

Our Company’s non-affiliate customers whose individual balances amounted to more than 10% of our Company’s net accounts receivable, expressed as a percentage of net accounts receivable, were:

	March 31			December 31
	2023			2022
Customer A		12	%		6	%
Customer B		77	%		84	%

Our Company performs ongoing credit evaluations of its customers and generally does not require collateral. Our Company also maintains allowances for potential credit losses. The loss of a major customer could have a material adverse effect on our Company’s business operations and financial condition.

Our Company’s revenues by geographic region are as follows:

	Three Months ended March 31
	2023		2022
North America	$	127,800	$	123,900
South America		—		1,600
Asia		441,500		197,900
Australia		22,800		16,000
	$	592,100	$	339,400