Annual report [Section 13 and 15(d), not S-K Item 405]

Entity Wide Information and Disagregated Revenues

v3.25.1
Entity Wide Information and Disagregated Revenues
 12 Months Ended
Dec. 31, 2024
Entity Wide Information and Disagregated Revenues [Abstract]  
ENTITY WIDE INFORMATION AND DISAGREGATED REVENUES

NOTE 14 - 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		  
    2024     2023  
    U.S. dollars in thousands  
North America     6,084       2,524  
Europe, the Middle East and Africa     1,472       2,570  
Asia Pacific     204       512  
      7,760       5,606  

 

  b. Revenues from contract liability:

 

    December 31,
2024		     December 31,
2023		  
Opening balance   $ 460     $ 648  
Revenue recognized that was included in the contract liability balance at the beginning of the period     (388 )     (544 )
Additions     267       356  
Ending balance   $ 339     $ 460  

 

As of December 31, 2024, the aggregate amount of the transaction price allocated to the remaining performance obligation is $338, 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  
    2024     2023  
    U.S. dollars in thousands  
Israel     407       788  
North America     41       191  
      448       979  
  d. Customers representing 10% or more of net revenues and the amount of revenues recognized are as follows:

 

    Year Ended
December 31, 2024		  
    %     Revenues  
    U.S. dollars in thousands  
Customer B     19 %     1,402  
Customer D     29 %     2,209  

 

   

Year Ended

December 31, 2023		  
    %     Revenues  
    U.S. dollars in thousands  
Customer B     16 %     911  
Customer D     10 %     583  

 

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