Annual report pursuant to Section 13 and 15(d)

Geographic Information

v3.20.1
Geographic Information
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Geographic Information

17. GEOGRAPHIC INFORMATION

Revenue by geographic area is determined on the basis of the location of the customer. The Company generates its revenue primarily in Italy and India. The following table sets forth revenue by geographic area for the years ended December 31, 2019 and 2018 (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

Italy

 

$

60,165

 

 

$

53,988

 

India

 

 

35,162

 

 

 

15,236

 

Europe (excluding Italy)

 

 

15,686

 

 

 

4,943

 

United States

 

 

9,418

 

 

 

2,247

 

Rest of the world

 

 

9,127

 

 

 

1,431

 

Total

 

$

129,558

 

 

$

77,845

 

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

Italy

 

 

46.4

%

 

 

69.4

%

India

 

 

27.1

%

 

 

19.6

%

Europe (excluding Italy)

 

 

12.1

%

 

 

6.3

%

United States

 

 

7.3

%

 

 

2.9

%

Rest of the world

 

 

7.1

%

 

 

1.8

%

 

As of December 31, 2019, the majority of the Company’s long-lived assets are located in Italy. The following table sets long-lived assets by geographic area as of December 31, 2019 and 2018 (in thousands):

 

 

 

As of December 31,

 

 

 

2019

 

 

2018

 

Italy

 

$

1,772

 

 

$

1,136

 

India

 

 

1,162

 

 

 

1,042

 

United States

 

 

437

 

 

 

126

 

Rest of the world

 

 

22

 

 

 

37

 

Total

 

$

3,393

 

 

$

2,341

 

 

 

 

As of December 31,

 

 

 

2019

 

 

2018

 

Italy

 

 

52.2

%

 

 

48.5

%

India

 

 

34.2

%

 

 

44.5

%

United States

 

 

12.9

%

 

 

5.4

%

Rest of the world

 

 

0.7

%

 

 

1.6

%