Quarterly report pursuant to Section 13 or 15(d)

Geographic Information

v3.22.1
Geographic Information
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
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 the United States, India and Italy. The following table sets forth revenue by geographic area for the three ended March 31, 2022 and 2021 (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

United States

 

$

24,635

 

 

$

5,121

 

India

 

 

21,176

 

 

 

11,718

 

Italy

 

 

16,509

 

 

 

16,087

 

Europe (excluding Italy)

 

 

7,001

 

 

 

1,418

 

South America

 

 

5,964

 

 

 

 

Rest of the world

 

 

5,196

 

 

 

5,370

 

Total

 

$

80,481

 

 

$

39,714

 

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

United States

 

 

30.6

%

 

 

12.9

%

India

 

 

26.3

%

 

 

29.5

%

Italy

 

 

20.5

%

 

 

40.5

%

Europe (excluding Italy)

 

 

8.7

%

 

 

3.6

%

South America

 

 

7.4

%

 

 

0.0

%

Rest of the world

 

 

6.5

%

 

 

13.5

%

 

As of March 31, 2022, the majority of the Company’s long-lived assets are located in United States and Italy. The following table sets forth long-lived assets by geographic area as of March 31, 2022 and December 31, 2021 (in thousands):

 

 

 

As of March 31,

 

 

As of December 31,

 

 

 

2022

 

 

2021

 

United States

 

$

10,339

 

 

$

10,027

 

Italy

 

 

4,634

 

 

 

4,391

 

India

 

 

4,248

 

 

 

3,778

 

Rest of the world

 

 

603

 

 

 

615

 

Total

 

$

19,824

 

 

$

18,811

 

 

 

 

As of March 31,

 

 

As of December 31,

 

 

 

2022

 

 

2021

 

United States

 

 

52.2

%

 

 

53.3

%

Italy

 

 

23.4

%

 

 

23.3

%

India

 

 

21.4

%

 

 

20.1

%

Rest of the world

 

 

3.0

%

 

 

3.3

%