Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.22.2.2
Segment Information
 9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Segment Information

Note 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 nine months ended September 30, 2022, three and four customers accounted for approximately 91% and 76%, respectively, of the consolidated revenue from continuing operations. During the three and nine months ended September 30, 2021 four customers accounted for approximately 67% and 56% of the respective consolidated revenue from continuing operations.

 

During the three and nine months ended September 30, 2022, approximately, 47% and 44%, respectively, of the Company’s consolidated revenue from continuing operations were earned outside of the U.S. During the three and nine months ended September 30, 2021, approximately, 17% and 23% respectively, of the Company’s consolidated revenue from continuing operations were earned outside of the U.S.

 

Customers representing 10% or more of the Company’s total revenue from continuing operations for the three and nine months ended September 30, 2022 and 2021 are presented in the table below:

 

    Three months ended September 30,     Nine months ended September 30,  
    2022     2021     2022     2021  
Customer A     47 %     13 %     39 %     18 %
Customer B     n/a       12 %     11 %     11 %
Customer C     n/a       19 %     4 %     12 %
Customer D     26 %     1 %     16 %     n/a  
Customer E     18 %     n/a       10 %     n/a  
Customer F     n/a       23 %     n/a       15 %