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Revenues
6 Months Ended
Jun. 30, 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:

 

   Six months ended
June 30,
   Three months ended on
June 30
 
   2024   2023   2024   2023 
North America  $3,464   $1,409   $3,075   $784 
Europe, the Middle East and Africa   667    1,903    332    932 
Asia Pacific   27    432    25    180 
   $4,158   $3,744   $3,431   $1,896 

 

b.Revenues from contract liability:

 

   Six months
ended
   Year ended, 
   June 30,   December 31, 
   2024   2023 
Opening balance   460    648 
Revenue recognized that was included in the contract liability balance at the beginning of the period   (364)   (544)
Additions   155    356 
Remaining performance obligations   251    460 

 

As of June 30, 2024, the aggregate amount of the transaction price allocated to the remaining performance obligation is $251, and the Company will recognize this revenue over the next 30 months.

 

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

 

   Three months ended
June 30, 2023
   Three months ended
June 30, 2024
 
Customer A   
-
    
-
    63%  $2,152 
Customer B   8%  $143    2%  $61 
Customer C   16%  $305    1%  $29 
Customer D   11%  $199    3%  $92 
Customer E   11%  $196    0.3%  $9 

 

   Six months ended
June 30, 2023
   Six months ended
June 30, 2024
 
Customer A 
-
  
-
   52%  $ 2,152 
Customer B   25%  $917    2%  $97 
Customer C   8%  $305    4%   171 
Customer D   8%  $309    4%  $153 
Customer E   7%  $270    0.4%  $18 

 

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