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

NOTE 17 - 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 customers:

 

   Year Ended
December 31
 
   2023   2022 
   U.S. dollars in thousands 
North America   2,524    4,348 
Europe, the Middle East and Africa   2,532    3,999 
Asia Pacific   512    484 
Israel   38    
-
 
    5,606    8,831 

 

  b. Revenues from contract liability:

 

   December 31,
2023
   December 31,
2022
 
Opening balance  $648   $673 
Revenue recognized that was included in the contract liability balance at the beginning of the period   (544)   (593)
Additions   356    568 
Remaining performance obligations  $460   $648 

 

As of December 31, 2023, the aggregate amount of the transaction price allocated to the remaining performance obligation is $385, and the Company will recognize this revenue over the 12-18 months.

 

  c.

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

 

Property and Equipment, net and Operating lease right of use assets

 

   December 31 
   2023   2022 
   U.S. dollars in thousands 
Israel   788    335 
North America   191    471 
    979    806 

 

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

 

   December 31,
2023
 
   %   Revenues 
   U.S. dollars in thousands 
Customer B   16%   911 
Customer D   10%   583 

 

   December 31,
2022
 
   %   Revenues 
   U.S. dollars in thousands 
Customer B   33%   3,021 
Customer E   16%   1,475 
Customer F   11%   1,009 

 

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