|3 Months Ended|
Mar. 31, 2023
|Segment Reporting [Abstract]|
NOTE 11—SEGMENT INFORMATION
The Company currently operates in a single business segment. Management uses one measurement of profitability and does not segregate its business for internal reporting. For the three months ended March 31, 2023, sales to customers in the United States accounted for approximately 65% of net revenue and international sales accounted for approximately 35% of net revenue. For the three months ended March 31, 2022, sales to customers in the United States accounted for approximately 69% of net revenue and international sales accounted for approximately 31% of net revenue. No individual country, other than the United States, represented more than 10% of total net revenue during the three months ended March 31, 2023 or 2022.
Net revenue by geographic location based on the location of customers was as follows (in thousands):
Property, plant, and equipment by geographic location was as follows (in thousands):
The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef