Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

v3.19.3
REVENUE (Tables)
 9 Months Ended
Sep. 30, 2019
Revenue Recognition [Abstract]  
Schedule of Revenue by Market
The following table sets forth revenue by market for the periods indicated (in thousands):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
Americas1
$
1,445

 
8.5
%
 
$
1,970

 
4.2
%
 
$
4,353

 
7.3
%
 
$
5,361

 
3.6
%
Hong Kong2
13,575

 
79.7

 
41,447

 
88.1

 
48,465

 
81.0

 
133,681

 
88.9

China
525

 
3.1

 
1,698

 
3.6

 
2,138

 
3.6

 
5,510

 
3.7

Taiwan
649

 
3.8

 
935

 
2.0

 
2,340

 
3.9

 
2,933

 
1.9

South Korea
98

 
0.6

 
133

 
0.3

 
288

 
0.5

 
392

 
0.3

Japan
47

 
0.3

 
51

 
0.1

 
141

 
0.2

 
160

 
0.1

Singapore
13

 
0.1

 
52

 
0.1

 
43

 
0.1

 
134

 
0.1

Malaysia
51

 
0.3

 
216

 
0.5

 
170

 
0.3

 
316

 
0.2

Russia and Kazakhstan
244

 
1.4

 
184

 
0.4

 
662

 
1.1

 
626

 
0.4

Europe
343

 
2.0

 
357

 
0.7

 
1,017

 
1.7

 
1,207

 
0.8

India
33

 
0.2

 
—

 
—

 
162

 
0.3

 
—

 
—

Total
$
17,023

 
100.0
%
 
$
47,043

 
100.0
%
 
$
59,779

 
100.0
%
 
$
150,320

 
100.0
%

1 United States, Canada, Mexico and Peru
2 Substantially all of our Hong Kong revenues are derived from the sale of products that are delivered to members in China. See “Item 1A. Risk Factors” in this report and in our most recent Annual Report on Form 10-K.
Schedule of Net Sales by Product and Service
The Company’s net sales by product and service are as follows (in thousands):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
Product sales
$
15,732

 
$
44,434

 
$
56,355

 
$
142,258

Freight and other
1,468

 
3,365

 
4,713

 
10,550

Less: sales returns
(177
)
 
(756
)
 
(1,289
)
 
(2,488
)
Total net sales
$
17,023

 
$
47,043

 
$
59,779

 
$
150,320