Revenue, Segment and Geographic Information
|3 Months Ended|
Mar. 31, 2021
|Segment Reporting [Abstract]|
|Revenue, Segment and Geographic Information||
NOTE 12 – REVENUE, SEGMENT AND GEOGRAPHIC INFORMATION
The Company operates in two reportable segments: the design and manufacture of high-performance customized computers and flash arrays, which is inclusive of in-flight entertainment & connectivity, and value-added reseller with minimal customization. The Company evaluates financial performance on a company-wide basis. As of June 1, 2020, CDI’s operations became fully integrated and combined with the operation of OSS’ core business operations located in Escondido, California. It is the Company’s intention to dissolve CDI as a standalone entity upon resolution of certain outstanding items.
Segment detail for the three month periods ended March 31, 2021 and 2020 is as follows:
Revenue from customers with non-U.S. billing addresses represented approximately 66% and 50%, of the Company’s revenue during the three month periods ended March 31, 2021 and 2020, respectively.
As of March 31, 2021, substantially all the Company’s long-lived assets were located in the United States of America with the exception of assets of $215,961 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://www.xbrl.org/2003/role/disclosureRef