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Revenues
9 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
REVENUES

NOTE 13 – 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,
 
   2023   2022   2023   2022 
North America  $454   $621   $1,863   $3,275 
Europe, the Middle East and Africa   371    655    2,274    2,648 
Asia Pacific   20    72    452    374 
   $845   $1,348   $4,589   $6,297 

 

b.Revenues from contract liability:

 

   September 30,
2023
   December 31,
2022
 
Opening balance  $648   $673 
Revenue recognized that was included in the contract liability balance at the beginning of the year   (494)   (593)
Additions   232    568 
Remaining performance obligations  $386   $648 

 

As of September 30, 2023, the aggregate amount of the transaction price allocated to the remaining performance obligation is $386, and the Company will recognize this revenue over the next 8 months.

 

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

 

   Three months ended
September 30, 2023
   Nine months ended
September 30, 2023
 
Customer A (*)   2%   $20    20%   $920 
Customer B (*)   24%   $201    11%   $510 
Customer C (*)   2%   $20    10%   $469 
Customer D   10%   $80    4%   $171 

 

   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 

 

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

 

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