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CUSTOMERS, GEOGRAPHIC AND SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Schedule of Financial Data for Reportable Operating Segments

		Six months ended June 30, 2021
		Fixed Networks				Mobility Solutions				Terrestrial Infrastructure Projects				Total
Revenue		$	56,127			$	31,002			$	14,507			$	101,636
Cost of revenue			35,723				20,746				16,095				72,564
Gross profit (loss)			20,404				10,256				(1,588	)			29,072
Research and development, net			4,700				10,960				-				15,660
Selling and marketing			7,639				2,810				19				10,468
General and administrative			3,931				2,302				705				6,938
Operating profit (loss)			4,134				(5,816	)			(2,312	)			(3,994	)
Financial expenses, net															757
Loss before taxes															(4,751	)
Taxes on income															474
Net loss															(5,225	)
Depreciation and amortization Expenses		$	2,379			$	2,236			$	31			$	4,646

F - 18

GILAT SATELLITE NETWORKS LTD. AND ITS SUBSIDIARIES

NOTES TO CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

U.S. dollars in thousands

NOTE 10:-CUSTOMERS, GEOGRAPHIC AND SEGMENT INFORMATION (Cont.)

		Six months ended June 30, 2020
		Fixed Networks				Mobility Solutions				Terrestrial Infrastructure Projects				Total
Revenue		$	44,790			$	33,207			$	7,991			$	85,988
Cost of revenue			32,254				23,427				11,833				67,514
Gross profit (loss)			12,536				9,780				(3,842	)			18,474
Research and development, net			4,180				9,121				-				13,301
Selling and marketing			6,326				2,304				20				8,650
General and administrative			4,842				2,185				764				7,791
Merger, acquisition and related litigation expenses, net			-				-				-				2,951
Operating loss			(2,812	)			(3,830	)			(4,626	)			(14,219	)
Financial expenses, net															1,429
Loss before taxes															(15,648	)
Taxes on income															332
Net loss															(15,980	)
Depreciation and amortization Expenses		$	3,170			$	2,061			$	40			$	5,271

Schedule of Revenue by Geographic Area

Following is a summary of revenue by geographic areas. Revenue attributed to geographic areas, based on the location of the end customers and in accordance with ASC 280, are as follows:

		Six months ended June 30,
		2021				2020
Latin America		$	35,463			$	30,185
Asia and Asia Pacific			24,807				9,279
United States			28,726				36,499
Europe			12,640				10,025
		$	101,636			$	85,988

Schedule of Revenue from Major Customers

c.The table below represents the revenue from major customers:

		Six months ended June 30,
		2021				2020
Customer A			18	%			21	%
Customer B			*	)			16	%

*) Less than 10%

X

- Definition

Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer.

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