Quarterly report [Sections 13 or 15(d)]

Entity Wide Information and Disaggregated Revenues

v3.26.3
Entity Wide Information and Disaggregated Revenues
9 Months Ended
Sep. 30, 2026
Entity Wide Information and Disaggregated Revenues [Abstract]  
ENTITY WIDE INFORMATION AND DISAGGREGATED REVENUES

NOTE 8 – ENTITY WIDE INFORMATION AND DISAGGREGATED REVENUES:

 

The Company operates as one operating segment (developing and marketing access broadband equipment for copper and fiber networks).

 

  a. Geographic information:

 

Following is a summary of revenues by geographic areas. Revenues are attributed to geographic areas, based on the location of the end customers:

 

    Nine months ended
September 30,
    Three months ended
September 30,
 
    2026     2025     2026     2025  
North America   $ 2,058     $ 1,320     $ 596     $ 221  
Europe, the Middle East and Africa     943       835       415       401  
Asia Pacific     170       150       70       21  
    $ 3,171     $ 2,305     $ 1,081     $ 643  

 

  b. Deferred revenues:

 

    Nine months ended
September 30,
 
    2026     2025  
Opening balance     243       339  
Revenue recognized that was included in the contract liability balance at the beginning of the year     (173 )     (242 )
Additions, net of amounts recognized in the current period     280       180  
Ending balance     350       277  

 

As of September 30, 2026, the aggregate amount of the transaction price allocated to the remaining performance obligation is $350, and the Company will recognize this revenue over the next 30 months.

 

  c. Customers representing 10% or more of net revenues and the amount of revenues recognized are as follows:

 

    Nine months ended
September 30, 2026
    Three months ended
September 30, 2026
 
Customer A     24 %   $ 753       9 %   $ 102  
Customer B     3 %   $ 109       2 %   $ 16  
Customer C     7 %   $ 207       18 %   $ 196  
Customer D     10 %   $ 310       27 %   $ 294  
Customer E     1 %   $ 46       1 %   $ 15  

 

    Nine months ended
September 30, 2025
    Three months ended
September 30, 2025
 
Customer A     4 %   $ 103       6 %   $ 38  
Customer B     11 %   $ 257       6 %   $ 39  
Customer C     1 %   $ 12       2 %   $ 12  
Customer D     1 %   $ 32       5 %   $ 31  
Customer E     8 %   $ 179       27 %   $ 171  

 

The majority of the Company’s revenues are recognized at a point in time.