v3.26.1
Segment Reporting, Geographic Information, and Concentration of Credit Risk (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting, Geographic Information, and Concentration of Credit Risk [Abstract]  
Net Revenue by Geographic Region

Geographic net revenue is based on the customer’s ship-to location. Information regarding net revenue by geographic region for the three and six months ended June 30, 2026 and 2025 is as follows (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Americas

 

$

2,820

 

 

$

1,833

 

 

$

8,234

 

 

$

4,071

 

Europe and the Middle East

 

 

2,154

 

 

 

1,964

 

 

 

3,592

 

 

 

3,751

 

Asia-Pacific

 

 

707

 

 

 

1,243

 

 

 

1,268

 

 

 

2,487

 

Total

 

$

5,681

 

 

$

5,040

 

 

$

13,094

 

 

$

10,309

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As percentage of net revenue:

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

 

50

%

 

 

36

%

 

 

63

%

 

 

39

%

Europe and the Middle East

 

 

38

%

 

 

39

%

 

 

27

%

 

 

36

%

Asia-Pacific

 

 

12

%

 

 

25

%

 

 

10

%

 

 

25

%

Total

 

 

100

%

 

 

100

%

 

 

100

%

 

 

100

%

 
Long-Lived Assets by Geographic Location

Long-lived assets by geographic location as of June 30, 2026 and December 31, 2025 are as follows (in thousands):

 

 

 

June 30,
2026

 

 

December 31,
2025

 

Property and equipment, net:

 

 

 

 

 

 

Americas

 

$

192

 

 

$

200

 

Europe and the Middle East

 

 

1,448

 

 

 

680

 

Asia-Pacific

 

 

5,724

 

 

 

6,436

 

Total property and equipment, net

 

$

7,364

 

 

$

7,316

 

 

 

 

 

 

 

 

Operating lease right-of-use assets:

 

 

 

 

 

 

Americas

 

$

—

 

 

$

—

 

Europe and the Middle East

 

 

276

 

 

 

282

 

Asia-Pacific

 

 

420

 

 

 

559

 

Total operating lease right-of-use assets

 

$

696

 

 

$

841

 

Concentration of Credit Risk

Two customers accounted for 21% and 16% of net revenue for the three months ended June 30, 2026. Three customers accounted for 21%, 17%, and 13% of net revenue for the six months ended June 30, 2026. One customer accounted for 19% of net revenue for the three months ended June 30, 2025. One customer accounted for 18% of net revenue for the six months ended June 30, 2025. One customer accounted for 13% of net accounts receivable as of June 30, 2026. Two customers accounted for 15% and 10%, respectively, of net accounts receivable as of June 30, 2025.