Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.22.2
Segment Information
 6 Months Ended
Jun. 30, 2022
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 six months ended June 30, 2022, 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. For the three and six months ended June 30, 2021, sales to customers in the United States accounted for approximately 64% of net revenue and international sales accounted for approximately 36% of net revenue. No individual country, other than the United States, represented more than 10% of total net revenue during the three and six months ended June 30, 2022 or 2021.

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

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

United States

 

$

8,899

 

 

$

5,865

 

 

$

15,877

 

 

$

11,086

 

International

 

 

3,336

 

 

 

3,269

 

 

 

6,524

 

 

 

6,164

 

Total net revenue

 

$

12,235

 

 

$

9,134

 

 

$

22,401

 

 

$

17,250

 

 

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

 

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

United States

 

$

1,126

 

 

$

797

 

International

 

 

247

 

 

 

270

 

Total

 

$

1,373

 

 

$

1,067