Segment, Customer Concentration and Geographical Information

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Segment, Customer Concentration and Geographical Information

Segment, Customer Concentration and Geographical Information

Segment Information

Public companies are required to report financial and descriptive information about their reportable operating segments as required by FASB ASC Topic No. 280, Segment Reporting. The Company has one primary business unit based on how management internally evaluates separate financial information, business activities and management responsibility: Wireless. The Wireless segment includes the Family Safety (which includes SafePath®), CommSuite®, and ViewSpot® families of products.

The Company does not separately allocate operating expenses to these product lines, nor does it allocate specific assets. Therefore, product line information reported includes only revenues.

The following table presents the Wireless revenues by product line (unaudited, in thousands):

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2023		2022		2023		2022
Family Safety	$	9,179	$	9,640	$	27,016	$	30,173
CommSuite	749		1,070		2,310		3,932
ViewSpot	1,073		989		2,943		3,003
Total Wireless revenues	$	11,001	$	11,699	$	32,269	$	37,108

Customer Concentration Information

The Company has certain customers whose revenues individually represented greater than 10% of the Company’s total revenues, or whose accounts receivable balances individually represented greater than 10% of the Company’s total accounts receivable.

For the three months ended September 30, 2023, three customers made up 45%, 32% and 10% of revenues. For the three months ended September 30, 2022, two customers made up 40% and 37% of revenues.

For the nine months ended September 30, 2023, three customers made up 41%, 35%, and 10% of revenues. For the nine months ended September 30, 2022, two customers made up 40% and 37% of revenues. As of September 30, 2023, three customers accounted for 33%, 32%, and 18% of accounts receivable. As of September 30, 2022, four customers accounted for 36%, 28%, 17%, and 11% of accounts receivable.

Geographical Information

During the three and nine months ended September 30, 2023 and 2022, the Company operated in two geographic locations: the Americas and Europe, Middle East and Africa (EMEA). Revenues attributed to the geographic location of the customers’ bill-to address were as follows (unaudited, in thousands):

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2023		2022		2023		2022
Americas	$	10,787	$	11,247	$	31,380	$	35,654
EMEA	214		452		889		1,454
Total revenues	$	11,001	$	11,699	$	32,269	$	37,108

The Company does not separately allocate specific assets to these geographic locations.