Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.21.2
Segment Information
 9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Segment Information

NOTE 12—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 and nine months ended September 30, 2021, sales to customers in the United

States accounted for approximately 62% and 64% of net revenue and international sales accounted for approximately 38% and 36% of net revenue, respectively. For the three and nine months ended September 30, 2020, sales to customers in the United States accounted for approximately 73% and 71% of net revenue and international sales accounted for approximately 27% and 29% of net revenue, respectively. No individual country, other than the United States, represented more than 10% of total net revenue during the three and nine months ended September 30, 2021 or 2020.

Net revenue by geographic location based on the location of customers was as follows (in thousands):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

United States

 

$

5,939

 

 

$

4,755

 

 

$

17,024

 

 

$

10,079

 

International

 

 

3,592

 

 

 

1,784

 

 

 

9,756

 

 

 

4,181

 

Total net revenue

 

$

9,531

 

 

$

6,539

 

 

$

26,780

 

 

$

14,260

 

 

Property, plant, and equipment by geographic location was as follows (in thousands):

 

 

 

September 30,

 

 

December 31,

 

 

 

2021

 

 

2020

 

United States

 

$

618

 

 

$

486

 

International

 

 

271

 

 

 

296

 

Total

 

$

889

 

 

$

782