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.