XML 31 R17.htm IDEA: XBRL DOCUMENT
v3.23.1

Leases | 12 Months Ended
--- | ---
Dec. 31, 2022
Leases [Abstract] |
LEASES | NOTE 9: - LEASES The Company has entered into various operating lease agreements for certain of its offices and car leases with original lease periods expiring between 2022 and 2028. Most of the lease agreements include one or more options to renew. The Company does not assume renewals in determination of the lease term unless the renewals are deemed to be reasonably assured at lease commencement. On May 10, 2022, the Company amended its offices lease agreement in India. The amendment included a decrease in rental price per meter and an extension of the lease period until May 9, 2025. The option to extend the lease period for an additional 3 years from May 9 ,2025 has remained to the Company under the amendment. As a result of the amendment, the operating lease right of use increased by $69 and the operating lease liability increased by $72, the Company recorded a foreign currency exchange loss of $24 and a gain within operating income of $21. On July 1, 2022, the Company’s lease of its offices in Israel was amended. The amendment included an increase in parking lot space and an option to extend the lease period for an additional 2 years from December 31,2022 with an increase in rental price per meter. As a result of the amendment, the operating lease right of use increased by $1,534 and the operating lease liability increased by $1,493 the Company recorded a foreign currency exchange loss of $28 and a gain within operating income of $69. Lease payments included in the measurement of the operating lease liability comprise the following: the fixed non-cancelable lease payments and payments for optional renewal periods where it is reasonably certain the renewal period will be exercised. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. As of December 31, 2022, the Company’s assessment for the remaining lease term range between 0.9 years to 5.3 years, including options to extend part of the lease agreements for an additional 2 years and up to 5 years. The following table represents the weighted-average remaining lease term and discount rate:
|  | December 31, |  |  | December 31, |
|  | 2022 |  |  | 2021 |
Weighted average remaining lease term |  |  | 1.51 years |  |  |  | 1.84 years |
Weighted average discount rate |  |  | 4.09 | % |  |  | 4.92 | %
The components of lease expense for the year ended December 31, 2022 were as follows:
|  | Year ended |  |  | Year ended |
|  | December 31, 2022 |  |  | December 31, 2021 |
Operating lease |  | $ | 969 |  |  | $ | 1,173 |
Short-term lease |  |  | 6 |  |  |  | 5 |
Total lease expense |  | $ | 975 |  |  | $ | 1,178 |
Cash paid for amounts included in the measurement of operating lease liabilities was $730 and $1,125 during the years ended December 31, 2022 and 2021, respectively. The following is a schedule, by years, of maturities of lease liabilities as of December 31, 2022:
|  | Operating Leases |
2023 |  |  | 1,098 |
2024 |  |  | 1,054 |
2025 |  |  | 159 |
2026 |  |  | 137 |
2027 and thereafter |  |  | 173 |
Total operating lease payments |  | $ | 2,621 |
Less: imputed interest |  |  | 145 |
Present value of lease liabilities |  | $ | 2,476 |

X
- References No definition available. + Details
Name: | rdcm_LeasesLineItems
Namespace Prefix: | rdcm_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration