v3.26.1
SIGNIFICANT CUSTOMERS AND CREDIT CONCENTRATIONS (Tables)
3 Months Ended
Mar. 31, 2026
Risks and Uncertainties [Abstract]  
Schedule of Concentration Risk
The following customers represented 10% or more of the Company’s net revenues for the three months ended March 31, 2026 and 2025 (in thousands):

Three Months Ended March 31,
Customer20262025
Distributor A59 %*
Distributor B
*51 %
Distributor C
*12 %
Revenues for the three months ended March 31, 2026 and 2025 were attributable to the following regions (in thousands):
Three Months Ended March 31,Three Months Ended March 31,
Region20262025
Hong Kong$6,583 76 %$8,270 59 %
United States1,109 13 1,262 
Rest of Asia682 2,523 18 
China177 981 
Europe47 561 
All others— — 421 
Total$8,598 100 %$14,018 100 %
The following customers represented 10% or more of the Company’s accounts receivable (in thousands).
CustomerMarch 31, 2026December 31, 2025
Distributor A$2,143 58 %$860 26 %
Distributor B
$386 10 %$386 12 %
Distributor C
$357 10 %$108 *