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Geographical Information
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12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2012
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| Geographical Information [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Geographical Information |
Note 12. Geographical Information
The Company operates in one segment through its earnings of project service revenues as a result of its contribution agreement with Sequel Power. Sequel Power is focused on the promotion of solar power plant development projects worldwide, the development of self-sustaining businesses from such projects, including but not limited to activities relating to and supporting, developing, building and operating solar photovoltaic fabrication facilities and solar farms, and the consideration of other non-photovoltaic renewable energy projects.
For geographical reporting, revenues are attributed to the geographic location in which the main offices of the Company's unconsolidated affiliate are located. Long-lived assets consist of property, plant and equipment, and are attributed to the geographic location in which they are located. Net sales and long-lived assets by geographic region were as follows:
Revenues for each period presented are all part of continuing operations. Revenues of $0 and $6,629 for the fiscal years 2012 and 2011, respectively, have been reclassified to discontinued operations. All revenues of continuing operations are attributed to the United States.
Until February 9, 2011, the Company's sales were primarily to manufacturers. The composition of our top five customers has changed from year to year. In fiscal year 2012, one customer, Sequel Power, accounted for 100% of project service related sales. Prior to 2012, when the Company was actively engaged in capital equipment manufacture and sales, the net system sales to our top five customers in fiscal 2011 accounted for 94.4% of our total net systems sales. A leading precision timing device manufacturer, IMS Fraunhofer, Ulsan National Institute of Science and Technology, ST Microelectronics SA and the Uppsala University accounted for 25.5%, 19.45%, 17.85%, 16.1% and 15.5%, respectively of our total revenue in fiscal 2011. Other than these customers, no single customer represented more than 10% of our total revenue in fiscal 2011. With the sale of the DRIE etch product line and our exit from our historical core operations, we currently have only one customer.
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