XML 37 R20.htm IDEA: XBRL DOCUMENT v3.19.1
Selected Statements of Operations Data
 12 Months Ended
Dec. 31, 2018
Selected Statements of Operations Data [Abstract]  
SELECTED STATEMENTS OF OPERATIONS DATA
NOTE 12: - 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, 2018, 2017 and 2016 and long-lived assets as of December 31, 2018 and 2017:

 

1.Revenues by geographic region are as follows (prior period amounts have not been adjusted under the modified retrospective method):

 

   Year ended December 31, 
   2018   2017   2016 
             
North America  $22,164   $25,157   $19,167 
Europe   362    778    946 
Asia (excluding Philippines)   923    374    355 
Philippines   6,235    4,501    4,959 
South America (excluding Brazil)   671    883    785 
Brazil   2,908    1,783    2,496 
Other (including Israel)   787    3,757    802 
                
   $34,050   $37,233   $29,510 

 

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

 

In 2018, 2017 and 2016, the amount of export revenues represented 98%, 90% and 98% of the Company’s total revenues.

 

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

 

In 2018, the Company had two customers in the United States and one in the Philippines that amounted 63% and 18%, respectively, of the total consolidated revenues. In 2017, the Company had one customer in the United States and one in the Philippines that amounted 66% and 12%, respectively, of the total consolidated revenues. In 2016, the Company had one customer in the United States and one in the Philippines that amounted 62% and 17%, respectively, of the total consolidated revenues.

 

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

 

   Year ended December 31, 
   2018   2017 
         
Israel  $1,535   $1,781 
Other   297    143 
           
   $1,832   $1,924 

 

c.Financial income, net:

 

   Years ended December 31, 
   2018   2017   2016 
             
Financial Income:            
Interest income  $1,455   $572   $489 
Foreign currency exchange gain   784    215    424 
                
    2,239    787    913 
                
Financial expenses:               
Bank charges   (15)   (58)   (23)
Foreign currency exchange loss   (1,088)   (340)   (74)
                
    (1,103)   (398)   (97)
                
   $1,136   $389   $816 

 

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, 
   2018   2017   2016 
Numerator:            
             
Numerator for basic net income (loss) per Ordinary Share  $(2,415)  $2,901   $1,915 
                
Effect of dilutive securities:               
Share-based compensation granted   -    -    - 
                
Numerator for dilutive net income (loss) per Ordinary Share  $(2,415)  $2,901   $1,915 
                
Denominator:               
                
Denominator for dilutive net income (loss) per Ordinary Share - weighted average number of Ordinary Shares   13,630,793    12,039,176    10,406,897 
                
Effect of dilutive securities:               
Share-based compensation granted   -    312,390    372,650 
                
Denominator for diluted net income (loss) per Ordinary Share - adjusted weighted average number of Ordinary Shares   13,630,793    12,351,566    10,779,547