|9 Months Ended|
Sep. 30, 2021
|Segment Reporting [Abstract]|
14. 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 nine months ended September 30, 2021, three customers accounted for approximately 51% and 49%, respectively, of the consolidated revenues. During the three and nine months ended September 30, 2020 three customers accounted for approximately 81% and 60% of the respective consolidated revenues.
During the three and nine months ended September 30, 2021, approximately, 54% and 48% respectively, of the Company’s consolidated revenues were earned outside of the U.S.
Customers representing 10% or more of the Company’s total revenues for the three and nine months ended September 30, 2021 and 2020 are presented in the table below:
Schedule of Customers Representing Total Revenues
The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef