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
June 30, |
|
|
Six months ended
June 30, |
|
|
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
North America |
|
$ |
2,086 |
|
|
$ |
1,723 |
|
|
$ |
2,654 |
|
|
$ |
2,742 |
|
Europe, the Middle East and Africa |
|
|
790 |
|
|
|
998 |
|
|
|
1,993 |
|
|
|
1,438 |
|
Asia Pacific |
|
|
205 |
|
|
|
306 |
|
|
|
302 |
|
|
|
393 |
|
|
|
$ |
3,081 |
|
|
$ |
3,027 |
|
|
$ |
4,949 |
|
|
$ |
4,573 |
|
|
b. |
Revenues from contract liability: |
|
|
June 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 |
|
|
(241 |
) |
|
|
(452 |
) |
Additions |
|
|
468 |
|
|
|
544 |
|
Remaining performance obligations |
|
$ |
900 |
|
|
$ |
673 |
|
The Company’s
remaining performance obligations will be completed by May 31, 2024.
|
c. |
The Company's long-lived assets are located as follows: |
Property and Equipment, net:
|
|
June 30,
2022 |
|
|
December 31, 2021 |
|
Israel |
|
$ |
96 |
|
|
$ |
101 |
|
North America |
|
|
3 |
|
|
|
2 |
|
|
|
$ |
99 |
|
|
$ |
103 |
|
|
d. |
Customers representing 10% or more of net revenues and the amount of revenues recognized are as follows: |
|
|
Three months ended
June 30, 2022 |
|
|
Six months ended
June 30, 2022 |
|
Customer A |
|
|
34 |
% |
|
$ |
999 |
|
|
|
(*)34 |
% |
|
$ |
1,644 |
|
Customer B |
|
|
(*)18 |
% |
|
$ |
530 |
|
|
|
21 |
% |
|
$ |
999 |
|
Customer C |
|
|
17 |
% |
|
$ |
506 |
|
|
|
13 |
% |
|
$ |
639 |
|
|
|
Three months ended
June 30, 2021 |
|
|
Six months ended
June 30, 2021 |
|
Customer A |
|
|
19 |
% |
|
$ |
436 |
|
|
|
20 |
% |
|
$ |
705 |
|
Customer B (*) |
|
|
18 |
% |
|
$ |
407 |
|
|
|
15 |
% |
|
$ |
526 |
|
Customer C |
|
|
14 |
% |
|
$ |
308 |
|
|
|
12 |
% |
|
$ |
440 |
|
Customer D |
|
|
12 |
% |
|
$ |
266 |
|
|
|
- |
|
|
|
- |
|
|
(*) |
Included in Europe, the Middle East and Africa. |
The majority of the Company's revenues are recognized
at a point in time.
|