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Revenues
 6 Months Ended
Jun. 30, 2024
Revenues [Abstract]  
Revenues

Note 6 – Revenues

 

The table below provides information regarding receivables, contract assets and contract liabilities deriving from contracts with customers.

 

   For the
six months
ended
June 30,
2024		 
   Thousands of
USD		 
     
Trade receivables   12,150 
Contract liabilities   3,062 

 

The contract liabilities primarily relate to the advance consideration received from customers for contracts containing yearly warranty services. The revenue is recognized on a straight-line basis over the contract period.

 

In the following tables, the Group’s revenue is disaggregated by major products, primary geographical market and timing of revenue recognition.

 

Revenues per major products:

 

   For the six months ended
June 30,		 
   2023   2024 
   Thousands of
USD		   Thousands of
USD		 
         
Consumables   3,604    4,645 
Support services   2,140    2,653 
Sales of systems   23,958    21,052 
Total revenues   29,702    28,350 

 

Revenues per geographical locations:

 

   For the six months ended
June 30,		 
   2023   2024 
   Thousands of
USD		   Thousands of
USD		 
Americas   10,263    8,783 
Asia Pacific   1,368    2,279 
Europe and Israel (*)   18,071    17,288 
Total revenues   29,702    28,350 

 

(*) The Company combined all revenues into the Europe and Israel geography, due to immateriality of the amounts of revenues in Israel.

 

Revenues per timing of revenue recognition:

 

   For the six months ended
June 30,		 
   2023   2024 
   Thousands of
USD		   Thousands of
USD		 
Services transferred over time   2,140    2,653 
Goods transferred at a point in time   27,562    25,697 
Total revenues   29,702    28,350