Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Revenue

v3.24.4
Revenue
 9 Months Ended
Sep. 30, 2024
Revenue [Abstract]  
REVENUE

NOTE 3:- REVENUE

 

Disaggregation of Revenues

 

Revenue disaggregated by geography, based on the billing address of the Company’s customers, consists of the following (in thousands):

 

   

Nine months ended

September 30,

  
    2024     2023  
    Revenue     % of
Revenue		     Revenue     % of
Revenue		  
Revenue by geography:                        
USA   $ 202       30.15 %   $ 88       7.81 %
Sweden     196       29.25 %     246       21.89 %
Germany     20       2.99 %     81       7.26 %
China     201       30.15 %     473       42.14 %
Taiwan    
-
      
-
       31       2.73 %
Israel     50       7.46 %    
-
      
-
  
HK    
-
      
-
       204       18.17 %
Total revenue   $ 669       100 %   $ 1,123       100 %

 

Contract Liabilities

 

There are no changes to contract liabilities accounting policy from the audited consolidated financial statements and accompanying notes for the year ended December 31, 2023.

 

Remaining Performance Obligation

 

The Company’s remaining performance obligations are comprised of product and engineering services not yet performed. As of September 30, 2024, the aggregate amount of the transaction price allocated to remaining performance obligations was $465, which the Company expects to recognize as revenue over the next months.