Quarterly report pursuant to Section 13 or 15(d)

Geographic Information

v3.22.2
Geographic Information
6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Geographic Information

12. 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 and six months ended June 30, 2022 and 2021 (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

United States

 

$

27,402

 

 

$

10,971

 

 

$

52,037

 

 

$

16,092

 

India

 

 

19,586

 

 

 

13,595

 

 

 

40,762

 

 

 

25,313

 

Italy

 

 

16,646

 

 

 

19,164

 

 

 

33,155

 

 

 

35,251

 

Europe (excluding Italy)

 

 

5,923

 

 

 

1,839

 

 

 

12,924

 

 

 

3,257

 

South America

 

 

5,594

 

 

 

2,452

 

 

 

11,558

 

 

 

2,452

 

Rest of the world

 

 

5,958

 

 

 

5,971

 

 

 

11,154

 

 

 

11,341

 

Total

 

$

81,109

 

 

$

53,992

 

 

$

161,590

 

 

$

93,706

 

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

United States

 

 

33.8

%

 

 

20.3

%

 

 

32.2

%

 

 

17.2

%

India

 

 

24.2

%

 

 

25.2

%

 

 

25.2

%

 

 

27.0

%

Italy

 

 

20.5

%

 

 

35.5

%

 

 

20.5

%

 

 

37.6

%

Europe (excluding Italy)

 

 

7.3

%

 

 

3.4

%

 

 

8.0

%

 

 

3.5

%

South America

 

 

6.9

%

 

 

4.5

%

 

 

7.2

%

 

 

2.6

%

Rest of the world

 

 

7.3

%

 

 

11.1

%

 

 

6.9

%

 

 

12.1

%

 

As of June 30, 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 June 30, 2022 and December 31, 2021 (in thousands):

 

 

 

As of June 30,

 

 

As of December 31,

 

 

 

2022

 

 

2021

 

United States

 

$

10,611

 

 

$

10,027

 

Italy

 

 

4,567

 

 

 

4,391

 

India

 

 

4,552

 

 

 

3,778

 

Rest of the world

 

 

654

 

 

 

615

 

Total

 

$

20,384

 

 

$

18,811

 

 

 

 

As of June 30,

 

 

As of December 31,

 

 

 

2022

 

 

2021

 

United States

 

 

52.1

%

 

 

53.3

%

Italy

 

 

22.4

%

 

 

23.3

%

India

 

 

22.3

%

 

 

20.1

%

Rest of the world

 

 

3.2

%

 

 

3.3

%