| GEOGRAPHICAL INFORMATION |
| 24. |
GEOGRAPHICAL INFORMATION |
As a developer and supplier of broadband wireless products and other technologies, the Company has one reportable segment. The revenue of this single segment is comprised primarily of revenue from products and, to a lesser extent, services. Revenues are attributed to countries based on the destination of the products and services supplied.
An analysis of revenue by geographical market is given below (in thousands):
| Schedule of revenue by geographical market |
|
|
|
|
|
|
|
|
| |
|
Years Ended
December 31, |
|
| |
|
2023 |
|
|
2022 |
|
| United States |
|
$ |
16,718 |
|
|
$ |
65,778 |
|
| Other North America and Canada |
|
|
207 |
|
|
|
7,135 |
|
| Total North America |
|
|
16,925 |
|
|
|
72,913 |
|
| India |
|
|
26,355 |
|
|
|
27,883 |
|
| Japan |
|
|
22,870 |
|
|
|
43,904 |
|
| Other Asia |
|
|
2,737 |
|
|
|
1,450 |
|
| Total Asia |
|
|
51,962 |
|
|
|
73,237 |
|
| Europe |
|
|
4,306 |
|
|
|
11,650 |
|
| Africa and the Middle East |
|
|
2,378 |
|
|
|
6,370 |
|
| Latin America and the Caribbean |
|
|
1,997 |
|
|
|
3,089 |
|
| Total revenue |
|
$ |
77,568 |
|
|
$ |
167,259 |
|
An analysis of the loss before income tax and the net loss by U.S. and foreign operations is below (in thousands):
| Schedule of loss before income tax |
|
|
|
|
|
|
|
|
| |
|
Years Ended
December 31, |
|
| |
|
2023 |
|
|
2022 |
|
| Income (loss) before income tax related to U.S. operations |
|
$ |
|
|
$ |
) |
| Loss before income tax related to foreign operations |
|
|
) |
|
|
) |
| Loss before income tax |
|
$ |
) |
|
$ |
) |
| |
|
|
|
|
|
|
|
|
| Net income (loss) related to U.S. operations |
|
$ |
12,412 |
|
|
$ |
(23,112 |
) |
| Net loss related to foreign operations |
|
|
(91,297 |
) |
|
|
(62,270 |
) |
| Net loss |
|
$ |
(78,885 |
) |
|
$ |
(85,382 |
) |
The long-lived assets and total assets by geographic region are shown below (in thousands):
| Schedule of assets by geographic region |
|
|
|
|
|
|
|
|
| |
|
As of
December 31, |
|
| |
|
2023 |
|
|
2022 |
|
| Property, plant and equipment, net: |
|
|
|
|
|
|
|
|
| United States |
|
$ |
35 |
|
|
$ |
1,126 |
|
| Asia |
|
|
1,332 |
|
|
|
1,293 |
|
| Europe |
|
|
782 |
|
|
|
898 |
|
| Middle East |
|
|
2,351 |
|
|
|
4,022 |
|
| Other |
|
|
14 |
|
|
|
12 |
|
| |
|
$ |
4,514 |
|
|
$ |
7,351 |
|
| Right-of-use-assets,
net |
|
|
|
|
|
|
|
|
| United States |
|
$ |
2,444 |
|
|
$ |
5,137 |
|
| Asia |
|
|
204 |
|
|
|
560 |
|
| |
|
$ |
2,648 |
|
|
$ |
5,697 |
|
| Other non-current assets: |
|
|
|
|
|
|
|
|
| United States |
|
$ |
- |
|
|
$ |
107 |
|
| Europe |
|
|
157 |
|
|
|
137 |
|
| Middle East |
|
|
2,818 |
|
|
|
3,163 |
|
| |
|
|
2,975 |
|
|
|
3,407 |
|
| Total long-lived assets |
|
$ |
10,137 |
|
|
$ |
16,455 |
|
| |
|
|
|
|
|
|
|
|
| Total assets, net: |
|
|
|
|
|
|
|
|
| United States |
|
$ |
25,493 |
|
|
$ |
81,317 |
|
| Asia |
|
|
4,555 |
|
|
|
5,661 |
|
| Europe |
|
|
4,834 |
|
|
|
9,833 |
|
| Middle East |
|
|
12,324 |
|
|
|
28,171 |
|
| Other |
|
|
66 |
|
|
|
113 |
|
| |
|
$ |
47,272 |
|
|
$ |
125,095 |
|
|