Significant Customers, Concentrations of Credit Risk, and Geographic Information |
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| Significant Customers, Concentrations of Credit Risk, and Geographic Information | Note 6 – Significant Customers, Concentrations of Credit Risk, and Geographic Information We manage and operate our business through one operating segment. Revenues from customers equal to or greater than 10% of total revenues are as follows:
* Less than 10% of total revenues Revenues by geographic area are as follows:
Revenues by geographic area are based on the country of shipment destination. The geographic location of distributors and third-party manufacturing service providers may be different from the geographic location of the purchasers and/or ultimate end users. We provide credit only to creditworthy third parties who are subject to our credit verification procedures. Accounts receivable balances are monitored on an ongoing basis, and accounts deemed to have credit risk are fully reserved. At June 30, 2025, three customers accounted for 22%, 21%, and 10% of total accounts receivable. At December 31, 2024, one customer accounted for 41% of total accounts receivable. Our allowance for credit losses was approximately $46,000 and $34,000 at June 30, 2025 and December 31, 2024, respectively. Our long-lived assets were geographically located as follows:
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