Geographic Information |
14. GEOGRAPHIC INFORMATION
Revenue by geographic area is determined on the basis of the location of the customer, unless the delivery location is triggered by concentration criteria. The Company generates its revenue primarily in Italy, India and the United States. The following table sets forth revenue by geographic area for the three and nine months ended September 30, 2021 and 2020 (in thousands):
|
|
Three Months Ended September 30,
|
|
|
Nine Months Ended September 30,
|
|
|
|
2021
|
|
|
2020
|
|
|
2021
|
|
|
2020
|
|
Italy
|
|
$
|
20,547
|
|
|
$
|
15,943
|
|
|
$
|
55,798
|
|
|
$
|
44,098
|
|
India
|
|
|
21,969
|
|
|
|
8,893
|
|
|
|
47,282
|
|
|
|
24,010
|
|
United States
|
|
|
25,305
|
|
|
|
7,969
|
|
|
|
41,397
|
|
|
|
18,611
|
|
Europe (excluding Italy)
|
|
|
1,712
|
|
|
|
1,876
|
|
|
|
4,969
|
|
|
|
7,023
|
|
South America
|
|
|
9,214
|
|
|
|
—
|
|
|
|
11,666
|
|
|
|
—
|
|
Rest of the world
|
|
|
5,278
|
|
|
|
3,587
|
|
|
|
16,619
|
|
|
|
9,358
|
|
Total
|
|
$
|
84,025
|
|
|
$
|
38,268
|
|
|
$
|
177,731
|
|
|
$
|
103,100
|
|
|
|
Three Months Ended September 30,
|
|
|
Nine Months Ended September 30,
|
|
|
|
2021
|
|
|
2020
|
|
|
2021
|
|
|
2020
|
|
Italy
|
|
|
24.5
|
%
|
|
|
41.7
|
%
|
|
|
31.4
|
%
|
|
|
42.7
|
%
|
India
|
|
|
26.1
|
%
|
|
|
23.2
|
%
|
|
|
26.6
|
%
|
|
|
23.3
|
%
|
United States
|
|
|
30.1
|
%
|
|
|
20.8
|
%
|
|
|
23.3
|
%
|
|
|
18.1
|
%
|
Europe (excluding Italy)
|
|
|
2.0
|
%
|
|
|
4.9
|
%
|
|
|
2.8
|
%
|
|
|
6.8
|
%
|
South America
|
|
|
11.0
|
%
|
|
|
0.0
|
%
|
|
|
6.6
|
%
|
|
|
0.0
|
%
|
Rest of the world
|
|
|
6.3
|
%
|
|
|
9.4
|
%
|
|
|
9.3
|
%
|
|
|
9.1
|
%
|
As of September 30, 2021, the majority of the Company’s long-lived assets are located in the United States, Italy, and India. The following table sets forth long-lived assets by geographic area as of September 30, 2021 and December 31, 2020 (in thousands):
|
|
As of September 30,
|
|
|
As of December 31,
|
|
|
|
2021
|
|
|
2020
|
|
Italy
|
|
$
|
4,443
|
|
|
$
|
2,827
|
|
India
|
|
|
2,998
|
|
|
|
1,667
|
|
United States
|
|
|
9,082
|
|
|
|
2,225
|
|
Rest of the world
|
|
|
680
|
|
|
|
7
|
|
Total
|
|
$
|
17,203
|
|
|
$
|
6,726
|
|
|
|
As of September 30,
|
|
|
As of December 31,
|
|
|
|
2021
|
|
|
2020
|
|
Italy
|
|
|
25.8
|
%
|
|
|
42.0
|
%
|
India
|
|
|
17.4
|
%
|
|
|
24.8
|
%
|
United States
|
|
|
52.8
|
%
|
|
|
33.1
|
%
|
Rest of the world
|
|
|
4.0
|
%
|
|
|
0.1
|
%
|
|