Quarterly report pursuant to Section 13 or 15(d)

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

v3.21.1
Concentration of Credit Risk, Significant Customers and Geographic Information (Tables)
 3 Months Ended
Mar. 31, 2021
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 March 31,
2021 2020
Percentage of total net revenue
Customer A (direct) 15  % 10  %
Customer B (direct) 12  % *
Customer C (distributor) 11  % *
Customer D (distributor) * 18  %
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*    Represents less than 10% of total net revenue for the respective period.

The following table presents balances that are 10% or greater of accounts receivable, based on the Company’s billings to its customers.
March 31, December 31,
2021 2020
Percentage of gross accounts receivable
Customer C (distributor) 11  % 13  %
Customer E (direct) 10  % *
Customer B (direct) * 17  %
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*    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 March 31,
2021 2020
Vendor A 45  % *
Vendor B 20  % 16  %
Vendor C 11  % 17  %
Vendor D * 18  %
Vendor E * 19  %
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 March 31,
2021 2020
Percentage of total net revenue
Hong Kong 37  % 50  %
China 14  % *
Vietnam 12  % *
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*    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):
March 31, December 31,
2021 2020
Amount % of total Amount % of total
United States $ 391,038  70  % $ 403,071  72  %
Singapore 131,723  23  % 136,967  24  %
Rest of world 36,799  7  % 31,412  5  %
Total $ 559,560  100  % $ 571,450  100  %