Ann: 2016 Annual Report, page-11

28. OPERATING SEGMENTS
For management purposes, the Group is organised into one operating segment, being the technological development of designs that can be licensed to OEM Customers and semiconductor manufacturers of Chips based on Artificial Neural Networks.

All the activities of the Group are interrelated, and each activity is dependent on the others. Accordingly, all significant operating disclosures are based upon analysis of the Group as one segment. The financial results from this segment are equivalent to the financial statements of the Group as a whole.
The Group currently derives revenue from its France based subsidiary, Spikenet Technology.
Geographically, the Group has the following revenue information based on the location of its customers and non-current assets from where its investing activities are managed.

Revenue from external customers
North America 4,912

Europe 144,372

Customers representing more than 10% of revenues in the current year amounted to $102,682 comprised license revenue of $75,860 (2015:$Nil) and engineering services of $26,822 (2015: $Nil), both of which are located in Europe.