Annual report pursuant to Section 13 and 15(d)

Segment and Geographic Information

v3.23.1
Segment and Geographic Information
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment and Geographic Information Segment and Geographic Information
Our chief operating decision maker is our Chief Executive Officer ("CEO"). Our CEO reviews operating segment information for purposes of allocating resources and evaluating financial performance. We have determined that the Company operates in a two reporting segments: Phunware and Lyte. In 2021, but prior to the acquisition of Lyte, our CEO reviewed the financial information presented on a consolidated basis for purposes of allocating resources and evaluating financial performance.
Selected information for the Company's operating segments and a reconciliation to the consolidated financial statement amounts are as follows:
As of or for the year ended December 31, 2022
Phunware Lyte Consolidated
Goodwill $ 25,765  $ 5,348  $ 31,113 
Total assets $ 42,349  $ 12,486  $ 54,835 
Net revenues $ 6,521  $ 15,273  $ 21,794 
Loss before taxes $ (47,482) $ (5,469) $ (50,890)
As of or for the year ended December 31, 2021
Phunware Lyte Consolidated
Goodwill $ 25,887  $ 7,373  $ 33,260 
Total assets $ 85,970  $ 12,046  $ 98,016 
Net revenues $ 7,548  $ 3,095  $ 10,643 
Loss before taxes $ (53,339) $ (609) $ (53,948)
Identifiable long-lived assets attributed to the United States and international geographies are based upon the country in which the asset is located or owned. As of December 31, 2022 and 2021, all of our identifiable long-lived assets were in the United States.