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Segment Reporting | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Segment Reporting | Note 13 - Segment Reporting
| A. | Information on sales by geographic distribution:
|  | The Company has one operating segment. Sales are attributed to geographic distribution based on the location of the ultimate customer:
|  | Year ended December 31 |
|  | 2022 |  |  | 2023 |  |  | 2024 |
|  | US$ thousands |
USA |  |  | 107,908 |  |  |  | 103,985 |  |  |  | 43,698 |
North America - other |  |  | 836 |  |  |  | 1,442 |  |  |  | 280 |
Israel |  |  | 13,586 |  |  |  | 7,560 |  |  |  | 3,365 |
Europe |  |  | 20,715 |  |  |  | 8,048 |  |  |  | 6,221 |
Asia-Pacific |  |  | 7,537 |  |  |  | 3,096 |  |  |  | 4,550 |
|  |  | 150,582 |  |  |  | 124,131 |  |  |  | 58,114 |
| B. | Sales to single ultimate customers exceeding 10% of sales (US$ thousands):
|  | Year ended December 31 |
|  | 2022 |  |  | 2023 |  |  | 2024 |
|  | US$ thousands |
Customer "A" |  |  | 22,926 |  |  |  | 11,018 |  |  |  | 7,611 |
Customer "B" |  |  | 7,821 |  |  |  | 5,889 |  |  |  | 7,302 |
Customer "C" |  |  | 3,733 |  |  |  | 26,808 |  |  |  | 2,904 |
| C. | Information on Long-Lived Assets - Property, Plant and Equipment and ROU assets by geographic areas:
|  | The following table presents the locations of the Company’s long-lived assets as of December 31, 2023 and 2024:
|  | Year ended December 31 |
|  | 2023 |  |  | 2024 |
|  | US$ thousands |
North America |  |  | 626 |  |  |  | 420 |
Europe |  |  | 153 |  |  |  | 71 |
Israel |  |  | 9,239 |  |  |  | 9,506 |
|  |  | 10,018 |  |  |  | 9,997 |
| D. | Segment information:
|  | Operating segments are defined as components of an entity for which separate financial information is available and that is regularly reviewed by the Chief Operating Decision Maker (“CODM”). The Company’s operations are managed and reported to its Chief Executive Officer (“CEO”), the Company’s chief operating decision maker ("CODM"). Our chief operating decision maker (“CODM”), manages the Company’s business activities as a single operating and reportable segment at the consolidated level. Accordingly, our CODM uses consolidated net income to measure segment profit or loss, allocate resources and assess performance. The following table provides the significant expense (income) categories and amounts align with the segment-level information that is regularly provided to the CODM:
|  | Year ended December 31 |
|  | 2022 |  |  | 2023 |  |  | 2024 |
|  | US$ thousands |
Sales |  |  | 150,582 |  |  |  | 124,131 |  |  |  | 58,114 |
Raw material and subcontracted manufacturing costs |  |  | (85,190 | ) |  |  | (81,947 | ) |  |  | (35,364 | )
Payroll & related expenses |  |  | (25,017 | ) |  |  | (21,465 | ) |  |  | (19,481 | )
Share-based compensation expenses |  |  | (3,577 | ) |  |  | (3,353 | ) |  |  | (3,166 | )
Subcontractor work |  |  | (2,329 | ) |  |  | (2,681 | ) |  |  | (3,747 | )
Depreciation costs |  |  | (2,208 | ) |  |  | (2,212 | ) |  |  | (1,891 | )
Rent |  |  | (2,207 | ) |  |  | (2,150 | ) |  |  | (2,121 | )
Impairment of goodwill |  |  | - |  |  |  | (25,561 | ) |  |  | - |
Other segment items * |  |  | (9,921 | ) |  |  | (13,151 | ) |  |  | (5,304 | )
Amortization expense |  |  | (207 | ) |  |  | (285 | ) |  |  | (318 | )
Financial income, net |  |  | 2,464 |  |  |  | 1,372 |  |  |  | 1,961 |
Income taxes |  |  | (4,084 | ) |  |  | 889 |  |  |  | (2,391 | )
Segment net income (loss) |  |  | 18,306 |  |  |  | (26,413 | ) |  |  | (13,708 | )
| * | Other segment items included in Segment net loss includes professional services, consulting and other outside services expenses, travel expenses, insurance, facilities, and other overhead items.

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- Definition The entire disclosure for reporting segments including data and tables. 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