|
NOTE 17 - 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: |
The following is a summary of revenues by geographic areas.
Revenues attributed to geographic areas, based on the location of the customers:
| |
|
Year Ended
December 31 |
|
| |
|
2023 |
|
|
2022 |
|
| |
|
U.S. dollars in thousands |
|
| North America |
|
|
2,524 |
|
|
|
4,348 |
|
| Europe, the Middle East and Africa |
|
|
2,532 |
|
|
|
3,999 |
|
| Asia Pacific |
|
|
512 |
|
|
|
484 |
|
| Israel |
|
|
38 |
|
|
|
- |
|
| |
|
|
5,606 |
|
|
|
8,831 |
|
| | b. | Revenues from contract liability: |
| |
|
December 31,
2023 |
|
|
December 31,
2022 |
|
| Opening balance |
|
$ |
648 |
|
|
$ |
673 |
|
| Revenue recognized that was included in the contract liability balance at the beginning of the period |
|
|
(544 |
) |
|
|
(593 |
) |
| Additions |
|
|
356 |
|
|
|
568 |
|
| Remaining performance obligations |
|
$ |
460 |
|
|
$ |
648 |
|
As of December 31, 2023, the aggregate
amount of the transaction price allocated to the remaining performance obligation is $385, and the Company will recognize this revenue
over the 12-18 months.
| | c. |
The Company’s long-lived assets are located as follows: Property and Equipment, net and Operating lease right of use assets
|
| |
|
December 31 |
|
| |
|
2023 |
|
|
2022 |
|
| |
|
U.S. dollars in thousands |
|
| Israel |
|
|
788 |
|
|
|
335 |
|
| North America |
|
|
191 |
|
|
|
471 |
|
| |
|
|
979 |
|
|
|
806 |
|
| | d. | Customers representing 10% or more of net revenues and the amount of revenues recognized are as follows: |
| |
|
December 31,
2023 |
|
| |
|
% |
|
|
Revenues |
|
| |
|
U.S. dollars in thousands |
|
| Customer B |
|
|
16 |
% |
|
|
911 |
|
| Customer D |
|
|
10 |
% |
|
|
583 |
|
| |
|
December 31,
2022 |
|
| |
|
% |
|
|
Revenues |
|
| |
|
U.S. dollars in thousands |
|
| Customer B |
|
|
33 |
% |
|
|
3,021 |
|
| Customer E |
|
|
16 |
% |
|
|
1,475 |
|
| Customer F |
|
|
11 |
% |
|
|
1,009 |
|
The majority of the Company’s revenues are recognized at a point
in time.
|