XML 34 R20.htm IDEA: XBRL DOCUMENT v3.23.1
Selected Statements of Operations Data
 12 Months Ended
Dec. 31, 2022
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 tables present total revenues for the years ended December 31, 2022, 2021 and 2020 and long lived assets, net as of December 31, 2022 and 2021 by geographic regions:

 

1.Revenues by geographic region are as follows:

 

   Year ended December 31, 
   2022   2021   2020 
             
North America  $22,943   $21,777   $20,323 
Asia (*)   12,513    14,686    15,190 
Latin America   2,959    1,071    223 
EMEA (including Israel)   7,636    2,748    1,826 
                
   $46,051   $40,282   $37,562 

 

(*)Includes Japan and the Philippines which accounted for more than 10% of the Company’s revenues in all years presented.

 

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

 

In 2022, 2021 and 2020, the amount of export revenues represented 97%, 94% and 96%, respectively, of the Company’s total revenues.

 

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

 

   Year ended December 31, 
   2022   2021   2020 
             
A   49    52    53 
B (*)   28    26    29 
C   5    10    11 
                
    82%   88%   93%

 

(*)For the year ended December 31, 2022, operating both in Asia and EMEA.

 

3.Long-lived assets by geographic areas:

 

   Year ended December 31, 
   2022   2021 
         
Israel  $2,302   $1,730 
United States   746    885 
Other   419    453 
           
Total long-lived assets (1)  $3,467   $3,068 

 

(1)Long-lived assets are comprised of property and equipment, net and operating lease right-of use.

 

c.Financial income, net:

 

   Years ended December 31, 
   2022   2021   2020 
             
Financial Income:            
Interest income  $1,778   $666   $1,133 
Foreign currency exchange gain   1,313    250    878 
                
    3,091    916    2,011 
                
Financial expenses:               
Bank charges   (16)   (15)   (15)
Foreign currency exchange loss   (1,059)   (547)   (1,186)
                
    (1,075)   (562)   (1,201)
                
   $2,016   $354   $810 

 

d.Net 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, 
   2022   2021   2020 
Numerator:            
             
Numerator for basic net loss per Ordinary Share  $(2,257)  $(5,263)  $(3,992)
                
Effect of dilutive securities:               
Share-based compensation granted   
-
    
-
    
-
 
                
Numerator for dilutive net loss per Ordinary Share  $(2,257)  $(5,263)  $(3,992)
                
Denominator:               
                
Denominator for basic net loss per Ordinary Share - weighted average number of Ordinary Shares   14,525,449    14,124,404    13,927,788 
                
Effect of dilutive securities:               
Share-based compensation granted   
-
    
-
    
-
 
                
Denominator for diluted net loss per Ordinary Share - adjusted weighted average number of Ordinary Shares   14,525,449    14,124,404    13,927,788