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12. SEGMENT AND GEOGRAPHIC INFORMATION
3 Months Ended
Jun. 30, 2026
SEGMENT AND GEOGRAPHIC INFORMATION  
NOTE 12 - SEGMENT AND GEOGRAPHIC INFORMATION

NOTE 12—SEGMENT AND GEOGRAPHIC INFORMATION

Based on its operating management and financial reporting structure, the Company has determined that it has one reportable business segment: the design, development and sale of integrated circuits.

The key measure of segment profit or loss utilized by the chief operating decision maker to assess performance of and allocate resources to the Company’s operating segment is consolidated net income (loss). Net income (loss) is used in monitoring budget versus actual results. This measure is presented on the condensed consolidated statements of operations and comprehensive loss. Significant segment expenses included in net income (loss) include cost of revenue, research and development, selling, general and administrative expense, interest income, other income (expense), net, and income tax provision, which are presented on the condensed consolidated statements of operations and comprehensive loss. The measure of segment assets is reported on the condensed consolidated balance sheets as total consolidated assets.

The following is a summary of net revenues by geographic area based on the location to which product is shipped:

Three Months Ended June 30, 

2026

2025

  ​ ​ ​

(In thousands)

United States

  ​ ​

$

2,554

  ​ ​

$

4,472

China

1,234

404

Singapore

450

484

Netherlands

162

103

Germany

1,516

572

Rest of the world

396

248

$

6,312

$

6,283

All sales are denominated in United States dollars.