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CUSTOMERS, GEOGRAPHIC AND SEGMENT INFORMATION | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
CUSTOMERS, GEOGRAPHIC AND SEGMENT INFORMATION | NOTE 15:- CUSTOMERS, GEOGRAPHIC AND SEGMENT INFORMATION The Company applies ASC 280, "Segment Reporting" ("ASC 280"). Operating segments are defined as components of an enterprise for which separate financial information is available and is evaluated regularly by the chief operating decision maker ("CODM"). The CODM is the Company’s Chief Executive Officer. The Company's CODM does not regularly review asset information by segments and, therefore, the Company does not report asset information by segment. From 2018 until December 31, 2021, The Company had three operating segments: Fixed Networks, Mobility Solutions and Terrestrial Infrastructure Projects. Commencing in the first quarter of 2022, to reflect the Company’s new management’s approach to the management of the Company’s operations, organizational alignment, customer base and end markets, the Company operates in three operating segments, as follows: Satellite Networks is focused on developing and supplying networks that are used as the platform that enables the latest satellite constellations of high throughput satellites (“HTS”), very high throughput satellites (“VHTS”) and Non-GEO-Stationary Orbit (“NGSO”) opportunities worldwide. The segment provides advanced broadband satellite communication networks and associated professional services and comprehensive turnkey solutions and managed satellite network services solutions. Segment’s customers are service providers, satellite operators, MNOs, Telcos, large enterprises, system integrators, defense, homeland security organizations and governments worldwide. Principal applications include In-Flight-Connectivity, cellular backhaul, maritime, social inclusion solutions, government, defense and enterprise networks and are driving meaningful partnerships with satellite operators to leverage the segment’s technology and breadth of services to deploy and operate the ground-based satellite communication networks. The segment’s product portfolio includes a leading satellite network platform with high-speed VSATs, high performance on-the-move antennas, BUCs and transceivers. Integrated Solutions is focused on developing, manufacturing and supplying products and solutions for mission-critical defense and broadcast satellite communications systems, advanced on-the-move and on-the-pause satellite communications equipment, systems and solutions, including airborne, ground-mobile satellite systems and solutions. The integrated solutions product portfolio comprises of leading high-efficiency, high-power SSPAs, BUCs and transceivers with a field-proven, high-performance variety of frequency bands. The segment’s customers are satellite operators, In-Flight Connectivity service providers, defense and homeland security system integrators, and NGSO gateway integrators. Network Infrastructure and Services is focused on telecom operation and implementation of large-scale network projects in Peru. The segment provides terrestrial (fiber optic and wireless network) and satellite network construction and operation. The segment serves the Company’s customers through technology integration, managed networks and services, connectivity services, internet access and telephony over the segment’s networks. The segment implements projects using various technologies (including the Company’s equipment), mainly based on BOT and BOO contracts. The Company evaluated whether the change in its operating segments, as described above, affects goodwill assignment to reporting units and concluded no re-assignment is needed. a.Information on the reportable operating segments: 1.All the above segments changes were reflected through retroactive revision of prior period segment information. 2.The measurement of operating profit (loss) in the reportable operating segments is based on the same accounting principles applied in these consolidated financial statements and includes certain corporate overhead allocations. 3.Financial information relating to reportable operating segments:
|  | Year ended December 31, 2022 |
|  | Satellite Networks |  |  | Integrated Solutions |  |  | Network Infrastructure and Services |  |  | Unallocated |  |  | Total |
Revenues |  | $ | 120,381 |  |  | $ | 61,376 |  |  | $ | 58,083 |  |  | $ | - |  |  | $ | 239,840 |
Cost of revenues |  |  | 63,463 |  |  |  | 43,742 |  |  |  | 45,727 |  |  |  | - |  |  |  | 152,932 |
Gross profit |  |  | 56,918 |  |  |  | 17,634 |  |  |  | 12,356 |  |  |  | - |  |  |  | 86,908 |
Research and development, net |  |  | 26,045 |  |  |  | 9,595 |  |  |  | - |  |  |  | - |  |  |  | 35,640 |
Selling and marketing |  |  | 18,043 |  |  |  | 2,068 |  |  |  | 1,583 |  |  |  | - |  |  |  | 21,694 |
General and administrative |  |  | 7,506 |  |  |  | 5,212 |  |  |  | 6,132 |  |  |  | - |  |  |  | 18,850 |
Impairment of held for sale asset |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 771 |  |  |  | 771 |
Operating income (loss) |  |  | 5,324 |  |  |  | 759 |  |  |  | 4,641 |  |  |  | (771 | ) |  |  | 9,953 |
Financial expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,818 |
Income before taxes on income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 7,135 |
Depreciation and amortization |  | $ | 5,009 |  |  | $ | 3,093 |  |  | $ | 3,506 |  |  | $ | - |  |  | $ | 11,608 |
|  | Year ended December 31, 2021 |
|  | Satellite Networks |  |  | Integrated Solutions |  |  | Network Infrastructure and Services |  |  | Unallocated |  |  | Total |
Revenues |  | $ | 115,408 |  |  | $ | 50,054 |  |  | $ | 49,508 |  |  | $ | - |  |  | $ | 214,970 |
Cost of revenues |  |  | 64,608 |  |  |  | 33,429 |  |  |  | 45,666 |  |  |  | - |  |  |  | 143,703 |
Gross profit |  |  | 50,800 |  |  |  | 16,625 |  |  |  | 3,842 |  |  |  | - |  |  |  | 71,267 |
Research and development, net |  |  | 22,210 |  |  |  | 9,126 |  |  |  | - |  |  |  | - |  |  |  | 31,336 |
Selling and marketing |  |  | 18,434 |  |  |  | 2,153 |  |  |  | 925 |  |  |  | - |  |  |  | 21,512 |
General and administrative |  |  | 6,019 |  |  |  | 4,199 |  |  |  | 5,369 |  |  |  | - |  |  |  | 15,587 |
Impairment of held for sale asset |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 651 |  |  |  | 651 |
Operating income (loss) |  |  | 4,137 |  |  |  | 1,147 |  |  |  | (2,452 | ) |  |  | (651 | ) |  |  | 2,181 |
Financial expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,722 |
Income before taxes on income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 459 |
Depreciation and amortization |  | $ | 7,083 |  |  | $ | 2,649 |  |  | $ | 1,259 |  |  | $ | - |  |  | $ | 10,991 |
|  | Year ended December 31, 2020 |
|  | Satellite Networks |  |  | Integrated Solutions |  |  | Network Infrastructure and Services |  |  |  | Unallocated |  | Total |
Revenues |  | $ | 82,050 |  |  | $ | 39,120 |  |  | $ | 44,965 |  |  | $ | - |  |  | $ | 166,135 |
Cost of revenues |  |  | 49,770 |  |  |  | 30,259 |  |  |  | 44,726 |  |  |  | - |  |  |  | 124,755 |
Gross profit |  |  | 32,280 |  |  |  | 8,861 |  |  |  | 239 |  |  |  | - |  |  |  | 41,380 |
Research and development, net |  |  | 17,995 |  |  |  | 8,308 |  |  |  | - |  |  |  | - |  |  |  | 26,303 |
Selling and marketing |  |  | 14,448 |  |  |  | 1,293 |  |  |  | 1,130 |  |  |  | - |  |  |  | 16,871 |
General and administrative |  |  | 7,190 |  |  |  | 2,568 |  |  |  | 4,305 |  |  |  | - |  |  |  | 14,063 |
Merger, acquisition and related litigation expenses (income), net |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (53,633 | ) |  |  | (53,633 | )
Operating income (loss) |  |  | (7,353 | ) |  |  | (3,308 | ) |  |  | (5,196 | ) |  |  | 53,633 |  |  |  | 37,776 |
Financial expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,907 |
Income before taxes on income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 35,869 |
Depreciation and amortization |  | $ | 7,123 |  |  | $ | 1,995 |  |  | $ | 1,173 |  |  | $ | - |  |  | $ | 10,291 |
b.Geographic information: Revenues attributed to geographic areas, based on the location of the end customers and in accordance with ASC 280, are as follows (*):
|  | Year ended December 31, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
United States |  | $ | 96,954 |  |  | $ | 72,149 |  |  | $ | 60,151 |
Peru |  |  | 58,251 |  |  |  | 49,511 |  |  |  | 44,965 |
Israel |  |  | 2,570 |  |  |  | 5,923 |  |  |  | 3,669 |
Others |  |  | 82,065 |  |  |  | 87,387 |  |  |  | 57,350 |
|  | $ | 239,840 |  |  | $ | 214,970 |  |  | $ | 166,135 |
*) Reclassified. c.The Company's long-lived assets (property and equipment, net and operating lease right-of-use assets) are located as follows(*):
|  | December 31, |
|  | 2022 |  |  | 2021 |
Israel |  | $ | 59,054 |  |  | $ | 58,436 |
United States |  |  | 10,202 |  |  |  | 8,448 |
Peru |  |  | 6,025 |  |  |  | 5,160 |
Other |  |  | 5,188 |  |  |  | 4,825 |
|  | $ | 80,469 |  |  | $ | 76,869 |
*) Reclassified. d.The table below represents the revenues from major customers and their segments:
|  | Year ended December 31, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
Customer A – Network Infrastructure and Services |  |  | 21 | % |  |  | 19 | % |  |  | 20 | %
Customer B – Integrated Solutions |  |  | 13 | % |  |  | 12 | % |  |  | * | )
Customer C – Integrated Solutions |  |  | * | ) |  |  | * | ) |  |  | 11 | %
*)Less than 10% Customer A is located in Peru, Customers B and C are located in the United States.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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