XML 34 R20.htm IDEA: XBRL DOCUMENT
v3.24.1

Selected Statements of Operations Data | 12 Months Ended
--- | ---
Dec. 31, 2023
Selected Statements of Operations Data [Abstract] |
SELECTED STATEMENTS OF OPERATIONS DATA | NOTE 13: - 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. | Operating segments are defined as components of an entity for which separate financial information is available and is regularly reviewed by the chief operating decision maker in making decisions regarding resource allocation and evaluating financial performance. The Company determined it operates in one reportable segment as the Company's chief operating decision maker is the CEO which makes operating decisions, assesses performance and allocates resources on a consolidated basis.
| c. | The following tables present total revenues for the years ended December 31, 2023, 2022 and 2021 and long-lived assets, net as of December 31, 2023 and 2022 by geographic regions:
| 1. | Revenues by geographic region are as follows:
|  | Year ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
North America |  | $ | 31,829 |  |  | $ | 22,943 |  |  | $ | 21,777 |
Asia (*) |  |  | 9,786 |  |  |  | 12,513 |  |  |  | 14,686 |
Latin America |  |  | 1,266 |  |  |  | 2,959 |  |  |  | 1,071 |
EMEA (including Israel) |  |  | 8,719 |  |  |  | 7,636 |  |  |  | 2,748 |
|  | $ | 51,600 |  |  | $ | 46,051 |  |  | $ | 40,282 |
(*) | Includes Japan 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 2023, 2022 and 2021, the amount of export revenues represented 96%, 97% and 94%, respectively, of the Company’s total revenues.
| 2. | Major customer data as a percentage of total revenues:
|  | Year ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
|  | % |
A |  |  | 52 |  |  |  | 49 |  |  |  | 52 |
B (*) |  |  | 24 |  |  |  | 28 |  |  |  | 26 |
C |  |  | (** | ) |  |  | 5 |  |  |  | 10 |
|  |  | 76 | % |  |  | 82 | % |  |  | 88 | %
(*) | For the year ended December 31, 2023, operating both in Asia and EMEA.
(**) | Less than 1%.
| 3. | Long-lived assets by geographic areas:
|  | Year ended December 31, |
|  | 2023 |  |  | 2022 |
Israel |  | $ | 1,573 |  |  | $ | 2,302 |
United States |  |  | 577 |  |  |  | 746 |
Other |  |  | 299 |  |  |  | 419 |
Total long-lived assets (1) |  | $ | 2,449 |  |  | $ | 3,467 |
(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, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
Financial Income: |  |  |  |  |  |  |  |  |
Interest income |  | $ | 4,304 |  |  | $ | 1,778 |  |  | $ | 666 |
Foreign currency exchange gain |  |  | 730 |  |  |  | 1,313 |  |  |  | 250 |
|  |  | 5,034 |  |  |  | 3,091 |  |  |  | 916 |
Financial expenses: |  |  |  |  |  |  |  |  |  |  |  |
Bank charges |  |  | (135 | ) |  |  | (16 | ) |  |  | (15 | )
Foreign currency exchange loss |  |  | (342 | ) |  |  | (1,059 | ) |  |  | (547 | )
|  |  | (477 | ) |  |  | (1,075 | ) |  |  | (562 | )
|  | $ | 4,557 |  |  | $ | 2,016 |  |  | $ | 354 |
| 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, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
Numerator: |  |  |  |  |  |  |  |  |
Numerator for basic net income per Ordinary Share |  | $ | 3,713 |  |  | $ | (2,257 | ) |  | $ | (5,263 | )
Numerator for dilutive net income (loss) per Ordinary Share |  | $ | 3,713 |  |  | $ | (2,257 | ) |  | $ | (5,263 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Denominator for basic net income (loss) per Ordinary Share - weighted average number of Ordinary Shares |  |  | 15,098,642 |  |  |  | 14,525,449 |  |  |  | 14,124,404 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |
Share-based compensation granted |  |  | 199,305 |  |  |  | - |  |  |  | - |
Denominator for diluted net income (loss) per Ordinary Share - adjusted weighted average number of Ordinary Shares |  |  | 15,297,947 |  |  |  | 14,525,449 |  |  |  | 14,124,404 |

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

X
- Definition The entire disclosures of supplemental information, including descriptions and amounts, related to the balance sheet, income statement, and/or cash flow statement. + References No definition available. + Details
Name: | us-gaap_AdditionalFinancialInformationDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration