Quarterly report pursuant to Section 13 or 15(d)

Concentration of Credit Risk (Tables)

v3.19.3
Concentration of Credit Risk (Tables)
9 Months Ended
Sep. 30, 2019
Risks And Uncertainties [Abstract]  
Schedule of Concentration of Sales and Accounts Receivable

The following represents customers that accounted for 10% or more of total revenue during the three and nine months ended September 30, 2019 and 2018, and customers that accounted for 10% or more of total trade accounts receivable at September 30, 2019 and 2018.

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Percentage of net revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer A

 

34%

 

 

38%

 

 

38%

 

 

35%

 

Customer B

 

 

18

 

 

 

9

 

 

 

14

 

 

 

8

 

Customer C

 

 

10

 

 

 

0

 

 

 

6

 

 

 

8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of September 30,

 

 

 

 

 

 

 

 

 

 

 

2019

 

 

2018

 

 

 

 

 

 

 

 

 

Percentage of gross trade accounts receivable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer A

 

38%

 

 

24%

 

 

 

 

 

 

 

 

 

Customer B

 

 

15

 

 

 

0

 

 

 

 

 

 

 

 

 

Customer C

 

 

13

 

 

 

7

 

 

 

 

 

 

 

 

 

Schedule of Revenue by Geographic area

Net revenue by geographic area are as follows. Revenue is attributed by geographic location based on the bill-to location of the Company’s customers.

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Percentage of net revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

China

 

71%

 

 

79%

 

 

72%

 

 

73%

 

Other Asia

 

 

2

 

 

 

5

 

 

 

4

 

 

 

6

 

North America

 

 

25

 

 

 

13

 

 

 

21

 

 

 

16

 

Europe

 

 

2

 

 

 

3

 

 

 

3

 

 

 

5