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Segments and Geographical Information
 12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
SEGMENTS AND GEOGRAPHICAL INFORMATION

NOTE 18:- SEGMENTS AND GEOGRAPHICAL INFORMATION

  

The Company manages its business in three reportable segments, consisting of the RFID segment, the Supply Chain Solutions segment and the Intelligent Robotics 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 years 2019, 2018 and 2017 were as follows:

 

   RFID  

Supply Chain Solutions

   Intelligent Robotics   Consolidated 
2019                
Revenues  $13,240   $19,750   $827   $33,817 
Gross profit  $2,906   $3,750   $2   $6,658 
Impairment of Goodwill and intangible assets  $-   $-   $(970)  $(970)
Operating Income (loss)  $(126)  $1,137   $(1,642)  $(631)
Goodwill  $4,676   $-   $471   $5,147 
Long Term assets related to segment (excluding Goodwill)  $786   $1,063   $881   $2,730 
                     
2018                    
Revenues  $14,445   $18,205   $-   $32,650 
Gross profit  $3,371   $3,372   $-   $6,743 
Operating Income  $306   $898   $-   $1,204 
Goodwill  $4,676   $-   $-   $4,676 
Long Term assets related to segment (excluding Goodwill)  $649   $717   $-   $1,366 
                     
2017                    
Revenues  $13,666   $15,495   $-   $28,932 
Gross profit  $3,623   $2,722   $-   $6,345 
Operating Income  $591   $495   $-   $1,086 
Goodwill  $4,676   $-   $-   $4,676 
Long Term assets related to segment (excluding Goodwill)  $780   $229   $-   $1,009 

  

b.The following presents total revenues for the years 2019, 2018 and 2017 based on the location of customers and long- lived assets based on major geographic areas in which the Company operates:

 

   Year ended December 31, 
   2019   2018   2017 
   Total   Long-lived   Total   Long-lived   Total   Long-lived 
   revenues   assets *   revenues   assets *   revenues   assets * 
                         
Israel  $23,493   $1,257   $22,990   $1,108   $21,870   $651 
Far East   5,055    -    3,800    -    1,416    - 
India   3,624    -    4,209    -    4,497    - 
America   901    -    1,189    -    918    - 
Europe   744    -    462    -    231    - 
                               
   $33,817   $1,257   $32,650   $1,108   $28,932   $651 

 

(*)Long-lived assets are comprised of property and equipment (intangible assets and goodwill are not included).

 

c.There were no major customer during the reported periods.