General form of registration statement for all companies including face-amount certificate companies

Entity Wide Information and Disagregated Revenues

v3.24.0.1
Entity Wide Information and Disagregated Revenues
12 Months Ended
Dec. 31, 2022
Entity Wide Information and Disagregated Revenues [Abstract]  
ENTITY WIDE INFORMATION AND DISAGREGATED REVENUES

NOTE 18 — 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:

 

Year Ended December 31

   

2022

 

2021

   

U.S. dollars in thousands

North America

 

4,348

 

4,637

Europe, the Middle East and Africa

 

3,999

 

3,373

Asia Pacific

 

484

 

520

Latin America

 

—

 

15

   

8,831

 

8,545

b.      Revenues from contract liability:

 

December 31, 2022

 

December 31, 2021

Opening balance

 

$

673

 

 

$

581

 

Revenue recognized that was included in the contract liability balance at the beginning of the period

 

 

(593

)

 

 

(452

)

Additions

 

 

568

 

 

 

544

 

Remaining performance obligations

 

$

648

 

 

$

673

 

As of December 31, 2022, the aggregate amount of the transaction price allocated to the remaining performance obligation is $648, and the Company will be recognized this revenue over the 12-18 months.

c.      The Company’s long-lived assets are located as follows:

Property and Equipment, net:

 

December 31

   

2022

 

2021

   

U.S. dollars in thousands

Israel

 

75

 

101

North America

 

5

 

2

   

80

 

103

Operating lease right of use assets:

 

December 31

   

2022

 

2021

   

U.S. dollars in thousands

Israel

 

260

 

—

North America

 

466

 

—

   

726

 

—

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

 

December 31, 2022

Customer A*

 

33

%

 

3,021

Customer B

 

16

%

 

1,475

Customer C

 

11

%

 

1,009

 

December 31, 2021

Customer A*

 

22

%

 

1,887

Customer B

 

19

%

 

1,663

Customer C

 

10

%

 

835

*        Included in Europe, the Middle East and Africa.

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