XML 27 R16.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Revenues
3 Months Ended
Mar. 31, 2024
Revenues [Abstract]  
Revenues

NOTE 9 – 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,
 
   2024   2023 
North America   389    625 
Europe, the Middle East and Africa   335    971 
Asia Pacific   2    252 
    726    1,848 

 

b.Revenues from contract liability:

 

   March 31,
2024
   December 31,
2023
 
Opening balance  $460   $648 
Revenue recognized that was included in the contract liability balance at the beginning of the year   (242)   (544)
Additions   155    356 
Remaining performance obligations  $373   $460 

 

As of March 31, 2024, the aggregate amount of the transaction price allocated to the remaining performance obligation is $373, and the Company will recognize this revenue over the next 33 months.

 

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

 

   Three months ended
March 31, 2024
 
Customer A   20%  $142 
Customer B   5%  $36 

 

   Three months ended
March 31, 2023
 
Customer A   -    - 
Customer B   42%  $774 

 

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