|
NOTE 11 - ENTITY WIDE INFORMATION
AND DISAGREGATED 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 attributed to geographic areas, based on the location of the end customers:
| |
|
Three months ended
September 30, |
|
|
Nine months ended
September 30, |
|
| |
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
| North America |
|
$ |
621 |
|
|
$ |
812 |
|
|
$ |
3,275 |
|
|
$ |
3,554 |
|
| Europe, the Middle East and Africa |
|
|
655 |
|
|
|
560 |
|
|
|
2,648 |
|
|
|
1,998 |
|
| Asia Pacific |
|
|
72 |
|
|
|
50 |
|
|
|
374 |
|
|
|
443 |
|
| |
|
$ |
1,348 |
|
|
$ |
1,422 |
|
|
$ |
6,297 |
|
|
$ |
5,995 |
|
|
b. |
Revenues from contract liability: |
| |
|
September 30,
2022 |
|
|
December 31,
2021 |
|
| Opening balance |
|
$ |
673 |
|
|
$ |
581 |
|
| Revenue recognized that was included in the contract liability balance at the beginning of the period |
|
|
(513 |
) |
|
|
(452 |
) |
| Additions |
|
|
658 |
|
|
|
544 |
|
| Remaining performance obligations |
|
$ |
818 |
|
|
$ |
673 |
|
As of September 30, 2022, the aggregate
amount of the transaction price allocated to the remaining performance obligation is $818, and the Company will be recognized this revenue
over the 12-20 months.
|
c. |
The Company’s long-lived assets are located as follows: |
Property and Equipment, net:
| |
|
September 30,
2022 |
|
|
December 31,
2021 |
|
| Israel |
|
$ |
105 |
|
|
$ |
101 |
|
| North America |
|
|
3 |
|
|
|
2 |
|
| |
|
$ |
108 |
|
|
$ |
103 |
|
|
d. |
Customers representing 10% or more of net revenues and the
amount of revenues recognized are as follows: |
| |
|
Three months ended
September 30, 2022 |
|
|
Nine months ended
September 30, 2022 |
|
| Customer A |
|
|
(*)41 |
% |
|
$ |
535 |
|
|
|
(*)33 |
% |
|
$ |
2,180 |
|
| Customer B |
|
|
4 |
% |
|
$ |
58 |
|
|
|
17 |
% |
|
$ |
1,089 |
|
| Customer C |
|
|
11 |
% |
|
$ |
146 |
|
|
|
13 |
% |
|
$ |
785 |
|
| |
|
Three months ended
September 30, 2021 |
|
|
Nine months ended
September 30, 2021 |
|
| Customer A |
|
|
20 |
% |
|
$ |
351 |
|
|
|
19 |
% |
|
$ |
1,056 |
|
| Customer B (*) |
|
|
18 |
% |
|
$ |
326 |
|
|
|
15 |
% |
|
$ |
852 |
|
| Customer C |
|
|
31 |
% |
|
$ |
565 |
|
|
|
15 |
% |
|
$ |
835 |
|
| (*) |
Included in Europe, the Middle East and Africa. |
The majority of the Company’s revenues are recognized
at a point in time.
|