Quarterly report [Sections 13 or 15(d)]

Entity Wide Information and Disaggregated Revenues

v3.25.1
Entity Wide Information and Disaggregated Revenues
 3 Months Ended
Mar. 31, 2025
Entity Wide Information and Disaggregated Revenues [Abstract]  
ENTITY WIDE INFORMATION AND DISAGGREGATED REVENUES

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 attributed to geographic areas, based on the location of the end customers:

 

    Three months ended
March 31,		  
    2025     2024  
North America     477     $ 389  
Europe, the Middle East and Africa     230       335  
Asia Pacific     14       2  
    $ 721     $ 726  

 

  b. Revenues from contract liability:

 

    Three months ended,
March 31,
2025		     Three months ended,
March 31,
2024		  
Opening balance     339       460  
Revenue recognized that was included in the contract liability balance at the beginning of the year     (68 )     (242 )
Additions     79       155  
Ending balance     350       373  

 

As of March 31, 2025, 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 12-18 months.

 

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

 

    Three months Ended
March 31, 2025		  
    %     Revenues  
    U.S. dollars in thousands  
Customer A     19 %     136  

 

   

Three months Ended

March 31, 2024

  
    %     Revenues  
    U.S. dollars in thousands  
Customer A     5 %     35  

 

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