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Major Customer and Geographic Information
6 Months Ended
Jun. 30, 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

June 30

  

Six Months ended

June 30

 
   2023   2022   2023   2022 
Customer A   67%   63%   69%   55%
Customer B   20%   22%   16%   24%

 

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:

          
   June 30   December 31 
   2023   2022 
Customer A   11%   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

June 30

  

Six Months ended

June 30

 
   2023   2022   2023   2022 
North America  $145,800   $160,900   $273,600   $284,800 
South America   —      —      —      1,600 
Asia   435,200    330,000    876,700    527,900 
Australia   18,200    23,400    41,000    39,400 
   $599,200   $514,300   $1,191,300   $853,700