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Selected Statements of Operations Data
 12 Months Ended
Dec. 31, 2017
Selected Statements of Operations Data [Abstract]  
SELECTED STATEMENTS OF OPERATIONS DATA
NOTE 11: -SELECTED STATEMENTS OF OPERATIONS DATA

 

a.The Company applies ASC 280, “Segment Reporting”. The Company operates in one reportable segment (see also Note 1 for a brief description of the Company’s business).

 

b.The following table presents total revenues for the years ended December 31, 2017, 2016 and 2015 and long-lived assets as of December 31, 2017 and 2016:

 

1.Revenues from sales to unaffiliated customers:

 

   Year ended December 31, 
   2017  2016  2015 
           
 North America $25,157  $19,167  $1,018 
 Europe  778   946   1,204 
 Asia (excluding Philippines)  374   355   576 
 Philippines  4,501   4,959   8,071 
 South America (excluding Brazil)  883   785   2,456 
 Brazil  1,783   2,496   3,487 
 Other (including Israel)  3,757   802   1,861 
              
   $37,233  $29,510  $18,673 

 

Total revenues are attributed to geographic areas based on the location of the end-customer.

 

In 2017, 2016 and 2015, the amount of export revenues represented 90%, 98% and 93% of the Company’s total revenues.

  

2.Property and equipment, net, by geographic areas:

 

   Year ended
December 31,		 
   2017  2016 
        
 Israel $1,781  $1,422 
 Other  143   94 
          
   $1,924  $1,516 

 

3.Major customer data as a percentage of total revenues:

 

In 2017, the Company had two customers in the United States and the Philippines that amounted 66% and 12%, respectively, of the total consolidated revenues. In 2016, the Company had two customers in the United States and the Philippines that amounted 62% and 17%, respectively, of the total consolidated revenues. In 2015, the Company had two customers in the Philippines and Brazil that amounted to 43% and 14%, respectively, of the total consolidated revenues.

 

c.Financial income (expenses), net:

 

   Years ended December 31, 
   2017  2016  2015 
           
 Financial Income:         
 Interest income $572  $489  $229 
 Foreign currency exchange gain  215   424   36 
              
    787   913   265 
              
 Financial expenses:            
 Bank charges  (58)  (23)  (23)
 Foreign currency exchange loss  (340)  (74)  (675)
              
    (398)  (97)  (698)
              
   $389  $816  $(433)

 

d.Net income (loss) per Ordinary Share:

 

The following table sets forth the computation of basic and diluted net income (loss) per Ordinary Share:

 

   Years ended December 31, 
   2017  2016  2015 
 Numerator:         
           
 Numerator for basic net income (loss) per Ordinary Share $2,901  $1,915  $(923)
              
 Effect of dilutive securities:            
 Options and warrants issued to grantees and investors, respectively  -   -   - 
              
 Numerator for dilutive net income (loss) per Ordinary Share $2,901  $1,915  $(923)
              
 Denominator:            
              
 Denominator for dilutive net income (loss) per Ordinary Share - weighted average number of Ordinary Shares  12,039,176   10,406,897   8,572,681 
              
 Effect of dilutive securities:            
 Options and warrants issued to grantees and investors, respectively  312,390   372,650   - 
              
 Denominator for diluted net income (loss) per Ordinary Share - adjusted weighted average number of Ordinary Shares  12,351,566   10,779,547   8,572,681