Arteris, Inc.AIP

Arteris, Inc. Segments Disclosure

10-KFiled Feb 12, 20262 min read
SEGMENT AND GEOGRAPHIC INFORMATION
The Company operates in one reportable segment, as more fully described in Note 2. The Company’s CODM reviews and allocates resources using the Company’s financial performance, primarily the net loss presented in the consolidated statements of operations. Other financial performance measures include Annual Contract Value (ACV), ACV plus royalties and remaining performance obligations. The CODM is regularly provided with only the consolidated expenses as noted on the face of the consolidated statements of operations, that are considered as significant expenses. Interest expense and other income (expense), net as presented in the consolidated statements of operations are not considered as significant expenses.
Refer to Note 2 for information about customers which account for more than 10% of total revenue. Refer to Note 3 for a summary of revenue by major product and service group.
The following table summarizes revenues by geographic area based on customer location (in thousands):
Year Ended December 31,
20252024
Americas
$29,309 41.5 %
(1)
$22,697 39.4 %
(1)
Asia Pacific
33,598 47.6 
(2)
27,808 48.1 
(2)
Europe, Middle East
7,672 10.9 7,219 12.5 
$70,579 100.0 %$57,724 100.0 %
(1) United States
$28,006 39.7 %$21,742 37.7 %
(1) Other Americas *
1,303 1.8 %955 1.7 %
(2) China
17,266 24.5 %16,873 29.2 %
(2) Korea
8,570 12.1 %5,627 9.7 %
(2) Other Asia Pacific*
7,762 11.0 %5,308 9.2 %
* Other countries individually less than 10%

The following table summarizes property and equipment, net by geographic area (in thousands):
As of December 31,
20252024
United States
$2,807 72.5 %$2,759 68.6 %
France
1,003 25.9 %1,230 30.6 %
Other62 1.6 %30 0.7 %
$3,872 100.0 %$4,019 100.0 %

Historical Timeline

Fiscal YearFiled
2025Feb 12, 2026Showing above
2024Feb 18, 2025
2023Feb 20, 2024
2022Mar 1, 2023
2021Mar 7, 2022

About Segments Disclosures

Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.

Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.

Other Available Disclosures

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