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Segment, Customer Concentration and Geographical Information
9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Segment, Customer Concentration and Geographical Information

9. 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 two primary business units based on how management internally evaluates separate financial information, business activities and management responsibility. Wireless includes our NetWise®, CommSuite®, SafePath®, and ViewSpot™ family of products. Graphics includes our consumer-based products: Moho®, MotionArtist®, Rebelle, PhotoDonut and StuffIt®. Graphics also included the Poser® 3D animation software until our divestiture of that product line in June 2019, and through April 2018 included third-party software products under the Clip Studio® brand, which we distributed under an agreement which expired in October 2017 and permitted certain post-termination distribution rights until April 2018.

The Company does not separately allocate operating expenses to these business units, nor does it allocate specific assets. Therefore, business unit information reported includes only revenues.

The following table shows the revenues generated by each business unit (in thousands):

 

 

 

For the Three Months Ended September 30,

 

 

For the Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(unaudited)

 

 

(unaudited)

 

Wireless

 

$

11,614

 

 

$

6,283

 

 

$

30,422

 

 

$

17,605

 

Graphics

 

 

168

 

 

 

242

 

 

 

646

 

 

 

1,328

 

Total revenues

 

$

11,782

 

 

$

6,525

 

 

$

31,068

 

 

$

18,933

 

Customer Concentration Information

A summary of the Company’s customers that represent 10% or more of the Company’s net revenues is as follows:

 

 

 

For the Three Months Ended September 30,

 

 

For the Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(unaudited)

 

 

(unaudited)

 

Wireless: Sprint (& affiliates)

 

 

83

%

 

 

86

%

 

 

81

%

 

 

81

%

 

The customer listed above comprised 80% and 86% of our accounts receivable as of September 30, 2019 and 2018, respectively.

Geographical Information

During the three months ended September 30, 2019 and 2018, the Company operated in three geographic locations; the Americas, EMEA (Europe, the Middle East, and Africa), and Asia Pacific. Revenues attributed to the geographic location of the customers’ bill-to address were as follows (in thousands):

 

 

 

For the Three Months Ended September 30,

 

 

For the Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(unaudited)

 

 

(unaudited)

 

Americas

 

$

11,755

 

 

$

6,483

 

 

$

30,978

 

 

$

18,724

 

EMEA

 

 

18

 

 

 

18

 

 

 

56

 

 

 

77

 

Asia Pacific

 

 

9

 

 

 

24

 

 

 

34

 

 

 

132

 

Total revenues

 

$

11,782

 

 

$

6,525

 

 

$

31,068

 

 

$

18,933

 

 

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