Quarterly report pursuant to Section 13 or 15(d)

Revenues

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Revenues
 3 Months Ended
Mar. 31, 2024
Revenues [Abstract]  
Revenues

NOTE 9 – 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 end customers:

 

    Three months ended
March 31,		  
    2024     2023  
North America     389       625  
Europe, the Middle East and Africa     335       971  
Asia Pacific     2       252  
      726       1,848  

 

b. Revenues from contract liability:

 

    March 31,
2024		     December 31,
2023		  
Opening balance   $ 460     $ 648  
Revenue recognized that was included in the contract liability balance at the beginning of the year     (242 )     (544 )
Additions     155       356  
Remaining performance obligations   $ 373     $ 460  

 

As of March 31, 2024, the aggregate amount of the transaction price allocated to the remaining performance obligation is $373, and the Company will recognize this revenue over the next 33 months.

 

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

 

    Three months ended
March 31, 2024		  
Customer A     20 %   $ 142  
Customer B     5 %   $ 36  

 

    Three months ended
March 31, 2023		  
Customer A     -       -  
Customer B     42 %   $ 774  

 

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