Segment and Geographic Information
|9 Months Ended|
Sep. 30, 2019
|Segment Reporting [Abstract]|
|Segment and Geographic Information||
NOTE 15 – SEGMENT AND GEOGRAPHIC INFORMATION
The Company operates in three reportable segments: the design and manufacture of high-performance customized computers and flash arrays, in-flight entertainment & connectivity and value-added reseller with minimal customization. The Company evaluates financial performance on a company-wide basis.
Segment detail for the three and nine month periods ended September 30, 2019 and 2018 is as follows:
Revenue from customers with non-U.S. billing addresses represented approximately 60% and 49% of the Company’s revenue during the three month periods ended September 30, 2019 and 2018, respectively and 63% and 49% for the nine month periods ended September 30, 2019 and 2018, respectively
As of September 30, 2019, substantially all the Company’s long-lived assets were located in the United States of America with the exception of assets of $283,717 located in Germany.
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://fasb.org/us-gaap/role/ref/legacyRef