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Revenues
9 Months Ended
Sep. 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:

 

Following is a summary of revenues by geographic areas. Revenues attributed to geographic areas, based on the location of the end customers:

 

   Nine months ended
September 30,
   Three months ended
September 30,
 
   2024   2023   2024   2023 
North America   5,316   $1,863    1,854   $454 
Europe, the Middle East and Africa   1,282    2,274    614    371 
Asia Pacific   100    452    73    20 
    6,698   $4,589   $2,541   $845 

 

b.Revenues from contract liability:

 

    Nine months ended,
September 30,
2024
    Year ended,
December 31,
2023
 
Opening balance     460       648  
Revenue recognized that was included in the contract liability balance at the beginning of the year     (607 )     (544 )
Additions     584       356  
Remaining performance obligations     437       460  

 

As of September 30, 2024, the aggregate amount of the transaction price allocated to the remaining performance obligation is $437, and the Company will recognize this revenue over the next 51 months.

 

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

 

   Three months ended
September 30, 2024
   Nine months ended
September 30, 2024
 
Customer A   45%  $1,143    18%  $1,205 
Customer B   2%  $51    34%  $2,227 
Customer C   10%  $254    6%  $401 

 

   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 

 

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