XML 55 R39.htm IDEA: XBRL DOCUMENT
v3.24.1

Segments and Geographical Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Segment Reporting [Abstract] |
Schedule of revenues, gross profit and assets for the operating segments | Revenues, gross profit, and assets for the operating segments for the years 2023, 2022 and 2021 were as follows:
|  | RFID Division |  |  | Intelligent Robotics |  |  | Supply Chain Solutions |  |  | Intercompany |  |  | Consolidated |
2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues from external customers |  | $ | 13,713 |  |  | $ | 1,742 |  |  | $ | 28,845 |  |  | $ | (121 | ) |  | $ | 44,179 |
Gross profit |  | $ | 3,179 |  |  | $ | 185 |  |  | $ | 5,845 |  |  | $ | - |  |  | $ | 9,209 |
Allocated operating expenses |  | $ | 2,150 |  |  | $ | 258 |  |  | $ | 3,675 |  |  | $ | - |  |  | $ | 6,083 |
Unallocated operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 676 |
Operating Income (loss) |  | $ | 1,029 |  |  | $ | (73 | ) |  | $ | 2,170 |  |  | $ | - |  |  | $ | 2,450 |
Financial expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 441 |
Income before taxes on income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 2,009 |
Tax on income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 4 |
Net Income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 2,005 |
2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues from external customers |  | $ | 15,318 |  |  | $ | 961 |  |  | $ | 25,232 |  |  | $ | - |  |  | $ | 41,511 |
Gross profit |  | $ | 3,778 |  |  | $ | (159 | ) |  | $ | 5,441 |  |  | $ | - |  |  | $ | 9,060 |
Allocated operating expenses |  | $ | 2,535 |  |  | $ | 425 |  |  | $ | 3,450 |  |  | $ | - |  |  | $ | 6,410 |
Unallocated operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 721 |
Operating Income (loss) |  | $ | 1,243 |  |  | $ | (584 | ) |  | $ | 1,991 |  |  | $ | - |  |  | $ | 1,929 |
Financial expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 647 |
Income before taxes on income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 1,282 |
Tax on income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 6 |
Net Income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 1,276 |
2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues from external customers |  | $ | 13,192 |  |  | $ | 1,576 |  |  | $ | 19,008 |  |  | $ | (142 | ) |  | $ | 33,634 |
Gross profit |  | $ | 3,338 |  |  | $ | (460 | ) |  | $ | 3,708 |  |  | $ | - |  |  | $ | 6,586 |
Allocated operating expenses |  | $ | 2,300 |  |  | $ | 573 |  |  | $ | 2,497 |  |  | $ | - |  |  | $ | 5,370 |
Unallocated operating expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 699 |
Operating Income (loss) |  | $ | 1,038 |  |  | $ | (1,033 | ) |  | $ | 1,211 |  |  | $ | - |  |  | $ | 517 |
Financial expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 105 |
Income before taxes on income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 412 |
Tax on income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (39 | )
Net Income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 451 |
Schedule of total revenues and long-lived assets | The following presents total revenues for the years 2023, 2022 and 2021 based on the location of customers, and long-lived assets based on major geographic areas in which the Company operates:
|  | Year ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
|  | Total |  |  | Long-lived |  |  | Total |  |  | Long-lived |  |  | Total |  |  | Long-lived |
|  | revenues |  |  | assets * |  |  | revenues |  |  | assets * |  |  | revenues |  |  | assets * |
Israel |  | $ | 38,125 |  |  |  | 3,268 |  |  |  | 34,295 |  |  |  | 3,270 |  |  | $ | 25,662 |  |  | $ | 1,097 |
East Asia |  |  | 1,331 |  |  |  | - |  |  |  | 2,239 |  |  |  | - |  |  |  | 3,494 |  |  |  | - |
India |  |  | 1,726 |  |  |  | - |  |  |  | 1,225 |  |  |  | - |  |  |  | 1,701 |  |  |  | - |
America |  |  | 1,433 |  |  |  | - |  |  |  | 2,825 |  |  |  | - |  |  |  | 2,032 |  |  |  | - |
Europe |  |  | 1,513 |  |  |  | - |  |  |  | 622 |  |  |  | - |  |  |  | 555 |  |  |  | - |
Rest of the world |  |  | 51 |  |  |  | - |  |  |  | 305 |  |  |  | - |  |  |  | 190 |  |  |  | - |
|  | $ | 44,179 |  |  |  | 3,268 |  |  |  | 41,511 |  |  |  | 3,270 |  |  | $ | 33,634 |  |  | $ | 1,097 |
| (*) | Long-lived assets balance comprised of property and equipment (it does not include intangible assets and goodwill).

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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