Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.21.2
Segment Information
 6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Segment Information

13. Segment Information

 

The Company reports segment information based on how the Company’s chief operating decision maker (“CODM”), regularly reviews operating results, allocates resources and makes decisions regarding business operations. For segment reporting purposes, the Company’s business structure is comprised of one operating and reportable segment.

 

During the three and six months ended June 30, 2021, four customers accounted for approximately 64% and 58%, respectively, of the consolidated revenues. During the three and six months ended June 30, 2020 four and three customers, respectively, accounted for approximately 58% and 46% of the respective consolidated revenues.

 

During the three and six months ended June 30, 2021, approximately 22% and 20% respectively, of the Company’s consolidated revenues were earned outside of the United States. Substantially all revenues in 2020 were earned within the United States.

 

Customers representing 10% or more of the Company’s total revenues for the three and six months ended June 30, 2021 and 2020 are presented in the table below:

 

 

    Three months ended June 30   Six months ended June 30  
    2021     2020     2021     2020  
Customer A   14 %     N/A     13 %     N/A
Customer B   24 %     N/A       22 %     N/A
Customer C   12 %               N/A       10 %     N/A  
Customer D   14 %     N/A       13 %     N/A  
Customer E   0 %     16 %     0 %     6 %
Customer F   0 %     12 %     0 %     5 %
Customer G   1 %     0 %     3 %     20 %
Customer H   1 %     20  %     0 %     15 %
Customer I   2 %     30 %      4 %     11 %