Concentration of Credit Risk
|3 Months Ended|
Mar. 31, 2022
|Risks and Uncertainties [Abstract]|
|Concentration of Credit Risk||
Note 17. Concentration of Credit Risk
(a) Concentration of Sales and Accounts Receivable
The following represents customers that accounted for 10% or more of total revenue during the three months ended March 31, 2022 and 2021:
The following represents customers that accounted for 10% or more of total trade accounts receivable as of March 31, 2022 and December 31, 2021:
(b) Concentration of Purchases
During the three months ended March 31, 2022, the Company’s products were primarily manufactured by five contract manufacturers with locations in China, Mexico, Minnesota, and Vietnam and at the Company’s Arizona facility (see Note 16).
(c) Concentration of Property and Equipment
The Company’s property and equipment, net by geographic region are as follows (in thousands):
The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef