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Segments and Geographical Information
 6 Months Ended
Jun. 30, 2025
Segments and Geographical Information [Abstract]  
SEGMENTS AND GEOGRAPHICAL INFORMATION
NOTE 7: SEGMENTS AND GEOGRAPHICAL INFORMATION

 

Commencing January 1, 2020, the Company presents its business operations in three reportable segments, consisting of the RFID segment, 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.

 

  a. Information about the operating segments for the six months ended June 30, 2025 and 2024 is as follows:

 

   RFID  

Supply

Chain Solutions

   Intelligent Robotics   Intercompany   Consolidated 
                     
Six months ended June 30, 2025:                    
                     
Revenues from external customers  $6,168   $19,734   $868   $     (217)  $26,553 
                          
Cost of revenues, net of allowance  $4,907   $14,688   $663   $(217)  $20,041 
                          
Allowance for slow inventory  $
-
   $293   $
-
   $
-
   $293 
                          
Gross profit  $1,261   $4,753   $205   $
-
   $6,219 
                          
Allocated operating expenses  $1,760   $2,106   $141   $
-
   $4,007 
                          
Unallocated operating expenses   
-
    
-
    
-
    
-
   $401 
                          
Operating Income (loss)  $(499)  $2,647   $64   $
-
   $1,811 
                          
Financial income   
-
    
-
    
-
    
-
   $424 
                          
Income before taxes on income   
-
    
-
    
-
    
-
   $2,235 
                          
Tax on income   
-
    
-
    
-
    
-
   $121 
                          
Net Income   
-
    
-
    
-
    
-
   $2,114 
   RFID  

Supply
Chain
Solutions

   Intelligent
Robotics		   Intercompany   Consolidated 
                     
Six months ended June 30, 2024:                    
                     
Revenues from external customers  $6,662   $12,687   $401   $(16)  $19,734 
                          
Cost of revenues, net of allowance  $5,042   $9,599   $251   $(16)  $14,876 
                          
Allowance for slow-moving inventory  $
-
   $100   $
-
   $
-
   $100 
                          
Gross profit  $1,620   $2,988   $150   $
-
   $4,758 
                          
Allocated operating expenses  $1,103   $1,683   $122   $
-
   $2,908 
                          
Unallocated operating expenses   
-
    
-
    
-
    
-
   $345 
                          
Operating Income (loss)  $517   $1,305   $28   $
-
   $1,505 
                          
Financial expenses   
-
    
-
    
-
    
-
   $(262)
                          
Net Income before tax   
-
    
-
    
-
    
-
   $1,243 
                          
Tax on income   
-
    
-
    
-
    
-
   $1 
                          
Net Income   
-
    
-
    
-
    
-
   $1,242 

 

  b. The following presents total revenues for the six months ended June 30, 2025 and 2024 based on the location of customers:

 

   June 30, 
   2025   2024 
   Unaudited 
         
Israel  $23,746   $18,041 
Far East   
-
    54 
India   696    796 
Europe   919    463 
United States   1,192    377 
Others   
-
    3 
           
   $26,553   $19,734