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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 | |
| | | 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.
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