Quarterly report pursuant to Section 13 or 15(d)

Segment and Geographic Information

v3.21.2
Segment and Geographic Information
9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Segment and Geographic Information

NOTE 13 —Segment and Geographic Information

The Company operates in one reporting segment. Operating segments are defined as components of an enterprise about which separate financial information is evaluated regularly by the chief operating decision maker, who is the president, chief operating officer and chief financial officer, in deciding how to allocate resources and assessing performance. The Company’s chief operating decision maker allocates resources and assesses performance based upon discrete financial information at the consolidated level.

The following table summarizes the revenue by region based on ship-to destinations for the three and nine months ended:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

U.S.

 

$

11,786

 

 

$

9,128

 

 

$

28,524

 

 

$

34,824

 

Canada and Latin America

 

 

1,105

 

 

 

3,987

 

 

 

8,220

 

 

 

10,645

 

Europe and Middle East

 

 

605

 

 

 

431

 

 

 

932

 

 

 

1,225

 

Asia Pacific

 

 

949

 

 

 

847

 

 

 

963

 

 

 

1,463

 

Total revenues

 

$

14,445

 

 

$

14,393

 

 

$

38,639

 

 

$

48,157

 

 

The following table summarizes the composition of revenues for the three and nine months ended:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Product Sales

 

$

14,412

 

 

$

14,337

 

 

$

38,563

 

 

$

48,074

 

Services

 

 

33

 

 

 

56

 

 

 

76

 

 

 

83

 

Total revenues

 

$

14,445

 

 

$

14,393

 

 

$

38,639

 

 

$

48,157