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Entity Wide Information and Disagregated Revenues
3 Months Ended
Mar. 31, 2023
Entity Wide Information and Disagregated Revenues [Abstract]  
ENTITY WIDE INFORMATION AND DISAGREGATED REVENUES

NOTE 13 – 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:

 

The 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
March 31
 
   2023   2022 
North America   625    568 
Europe, the Middle East and Africa   971    1,203 
Asia Pacific   252    97 
    1,848    1,868 

 

b.Revenues from contract liability:

 

   March 31,
2023
   December 31, 2022 
Opening balance  $648   $673 
Revenue recognized that was included in the contract liability balance at the beginning of the year   (141)   (593)
Additions   106    568 
Remaining performance obligations  $613   $648 

 

As of March 31, 2023, the aggregate amount of the transaction price allocated to the remaining performance obligation is $613, and the Company will be recognized this revenue over the next 14 months.

 

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

 

Property and Equipment, net:

 

  

March 31,
2023

  

December 31,
2022

 
Israel  $72   $75 
North America   4    5 
   $76   $80 

 

Operating lease right of use assets:

 

  

March 31,
2023

  

December 31,
2022

 
Israel  $150   $260 
North America   398    466 
   $548   $726 

 

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

 

   Three months ended
March 31, 2023
 
Customer A   (*)42 % $774 

 

   Three months ended
March 31, 2022
 
Customer A   59%  $1,114 

 

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

 

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