v3.24.3
Segment and Geographical Information (Tables)
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Schedule of Revenue from External Customers by Geographic Areas
The following table sets forth revenue by geographic area (in thousands):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024202320242023
Taiwan$76,901 $22,252 $200,429 $32,555 
China16,507 2,639 23,206 4,053 
Singapore11,972 - 11,972 - 
United States5,388 11,441 10,744 23,033 
Other2,318 596 8,843 5,639 
Total$113,086 $36,928 $255,194 $65,280 
Schedules of Concentration of Risk, by Risk Factor
The Company had the following customers that individually comprised 10% or more of its revenue:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024202320242023
Customer A
35 %22 %40 %13 %
Customer B26 %37 %28 %37 %
Customer C
*23 %*22 %
Customer D
11 %***
Customer E
***12 %
*Less than 10% of total revenue
The Company had the following customers that individually comprised 10% or more of its accounts receivable, net:
As of
September 30, 2024December 31, 2023
Customer A26 %39 %
Customer B29 %27 %
Customer F
12 %*
*Less than 10% of total accounts receivable, net