v3.26.1
Business Segments, Concentration of Credit Risk and Significant Customers (Tables)
3 Months Ended
Mar. 31, 2026
Business Segments, Concentration of Credit Risk and Significant Customers [Abstract]  
Schedule of Segment Expenses and Other Segment Items The following table presents the significant segment expenses and other segment items regularly reviewed by the CODM (in thousands):
   Three Months Ended 
   March 31, 
   2026   2025 
Total net revenue  $963   $3,869 
           
Less:          
Cost of net revenue   371    1,189 
Research and development   569    603 
Compensation   1,450    1,444 
Stock-based compensation   147    126 
Other operating expenses   910    1,021 
Other income   13    (43)
Net loss  $(2,497)  $(471)
Schedule of Services to Customers by Geographical Location

The Company recognized revenue from shipments of products, licensing of its technologies and performance of services to customers by geographical destination as follows (in thousands):

 

   Three Months Ended 
   March 31, 
   2026   2025 
Taiwan  $203   $1,020 
Europe   279    529 
North America   136    1,771 
Rest of world   345    549 
Total net revenue  $963   $3,869 
Schedule of Breakdown of Product Revenue by Category

The following is a breakdown of product revenue by category (in thousands):

 

   Three Months Ended
March 31,
 
Product category  2026   2025 
Memory ICs  $20   $2,267 
mmWave ICs   504    975 
mmWave modules   111    558 
mmWave other products   32    
-
 
   $667   $3,800 
Schedule of Concentration of Credit Risk

The following table lists significant customers that represented more than 10% of total revenue during each respective period:

 

   Three Months Ended 
   March 31, 
   2026   2025 
Customer A   27%   * 
Customer B   17%   * 
Customer C   13%   * 
Customer D   11%   25%
Customer E   *    41%
Customer F   *    13%
Customer G   *    12%

 

* Represents less than 10%

 

The following table lists significant customers that represented more than 10% of the net accounts receivable balance at each respective balance sheet date:

 

   Accounts Receivable 
   March 31,   December 31, 
   2026   2025 
Customer A   51%   * 
Customer B   22%   * 
Customer C   11%   78%
Customer D   *    15%

 

* Represents less than 10%

 

The following table lists significant vendors that represented more than 10% of the total accounts payable balance at each respective balance sheet date:

 

   Accounts Payable 
   March 31,   December 31, 
   2026   2025 
Vendor A   18%   23%
Vendor B   11%   * 
Vendor C   11%   * 
Vendor D   *    15%
Vendor E   *    15%

 

* Represents less than 10%