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Segments and Geographical Information
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
SEGMENTS AND GEOGRAPHICAL INFORMATION
NOTE 6:SEGMENTS AND GEOGRAPHICAL INFORMATION

 

The Company manages its business in two reportable segments, consisting of the RFID and Robotics Solutions segment and the Supply Chain Solutions segment.

 

The Company's management makes financial decisions and allocates resources, based on the information it receives from its internal management system. The Company allocates resources and assesses performance for each operating segment using information about revenues and gross profit. The Company applies ASC 280, Segment Reporting.

 

 

a.Revenues, gross profit and assets for the operating segments for the six months ended June 30, 2019 and 2018 were as follows:

 

   RFID and Robotics Solutions  

Supply

Chain Solutions

   Intercompany   Consolidated 
                 
Six months ended June 30, 2019                
Revenues  $7,027   $9,616   $(94)  $16,549 
Gross profit  $1,404   $1,978   $-   $3,382 
Assets related to segment (see Note 5)  $7,454   $1,101   $-   $8,555 
                     
Six months ended June 30, 2018                    
Revenues  $7,145   $8,740   $(42)  $15,843 
Gross profit  $1,696   $1,521   $-   $3,217 
Assets related to segment  $5,349   $627   $-   $5,976 

 

b.The following presents total revenues for the six months ended June 30, 2019 and 2018 based on the location of customers:

 

   June 30, 
   2019   2018 
   Unaudited 
         
Israel  $11,081   $11,471 
Far East   3,074    1,342 
India   1,494    2,723 
Europe   479    252 
United States   421    55 
           
   $16,549   $15,843