Quarterly report pursuant to Section 13 or 15(d)

Concentration of Credit Risk, Significant Customers and Geographic Information (Tables)

v3.20.2
Concentration of Credit Risk, Significant Customers and Geographic Information (Tables)
 6 Months Ended
Jun. 30, 2020
Risks and Uncertainties [Abstract]  
Schedules of Concentration of Risk, by Risk Factor
Customers comprising greater than 10% of net revenues for each of the periods presented are as follows:
Three Months Ended June 30, Six Months Ended June 30,
2020 2019 2020 2019
Percentage of total net revenue
Customer A (distributor) 16  % * 17  % *
Customer B (direct) 10  % 12  % 10  % 12  %
____________________________
* Represents less than 10% of total net revenue for the respective period.
Balances that are 10% or greater of accounts receivable, based on the Company’s billings to its customers, are as follows:
June 30, December 31,
2020 2019
Percentage of gross accounts receivable
Customer A (distributor) 15  % *
Customer C (distributor) 16  % 10  %
____________________________
* Represents less than 10% of the gross accounts receivable as of the respective period end.

Significant Suppliers

Suppliers comprising greater than 10% of total inventory purchases are as follows:
Three Months Ended June 30, Six Months Ended June 30,
2020 2019 2020 2019
Vendor A 20  % 18  % 18  % 13  %
Vendor B 18  % 13  % 18  % 13  %
Vendor C 16  % * 17  % *
Vendor D 15  % 13  % 16  % 13  %
Vendor E * 18  % * 18  %
Revenue from External Customers by Geographic Areas
The products shipped to individual countries or territories representing greater than 10% of net revenue for each of the periods presented are as follows:
Three Months Ended June 30, Six Months Ended June 30,
2020 2019 2020 2019
Percentage of total net revenue
Hong Kong 42  % 46  % 46  % 45  %
China 11  % 14  % 10  % 19  %
____________________________
* Represents less than 10% of total revenue for the respective period.
Long-lived Assets by Geographic Areas
Long-lived assets, which consists of property and equipment, net, leased right-of-use assets, intangible assets, net, and goodwill by geographic area are as follows (in thousands):
June 30, December 31,
2020 2020
Amount % of total Amount % of total
United States $ 361,721    85  % $ 385,302    85  %
Singapore 59,124    14  % 63,556    14  %
Rest of world 3,927    1  % 5,034    1  %
Total $ 424,772    100  % $ 453,892    100  %