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Entity Wide Information and Disagregated Revenues
9 Months Ended
Sep. 30, 2022
Entity Wide Information and Disagregated Revenues [Abstract]  
ENTITY WIDE INFORMATION AND DISAGREGATED REVENUES

NOTE 11 - ENTITY WIDE INFORMATION AND DISAGREGATED REVENUES:

 

The Company operates as one operating segment (developing and marketing access broadband equipment for copper and fiber networks).

 

a.Geographic information:

 

Following is a summary of revenues by geographic areas. Revenues attributed to geographic areas, based on the location of the end customers:

 

   Three months ended
September 30,
   Nine months ended
September 30,
 
   2022   2021   2022   2021 
North America  $621   $812   $3,275   $3,554 
Europe, the Middle East and Africa   655    560    2,648    1,998 
Asia Pacific   72    50    374    443 
   $1,348   $1,422   $6,297   $5,995 

 

b.Revenues from contract liability:

 

   September 30,
2022
   December 31,
2021
 
Opening balance  $673   $581 
Revenue recognized that was included in the contract liability balance at the beginning of the period   (513)   (452)
Additions   658    544 
Remaining performance obligations  $818   $673 

 

As of September 30, 2022, the aggregate amount of the transaction price allocated to the remaining performance obligation is $818, and the Company will be recognized this revenue over the 12-20 months.

 

c.The Company’s long-lived assets are located as follows:

 

Property and Equipment, net:

 

   September 30,
2022
   December 31,
2021
 
Israel  $105   $101 
North America   3    2 
   $108   $103 

 

d.Customers representing 10% or more of net revenues and the amount of revenues recognized are as follows:

 

   Three months ended
September 30, 2022
   Nine months ended
September 30, 2022
 
Customer A   (*)41%  $535    (*)33%  $2,180 
Customer B   4%  $58    17%  $1,089 
Customer C   11%  $146    13%  $785 

 

   Three months ended
September 30, 2021
   Nine months ended
September 30, 2021
 
Customer A   20%  $351    19%  $1,056 
Customer B (*)   18%  $326    15%  $852 
Customer C   31%  $565    15%  $835 

 

(*)Included in Europe, the Middle East and Africa.

 

The majority of the Company’s revenues are recognized at a point in time.