Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

Revenue

v3.25.1
Revenue
 12 Months Ended
Dec. 31, 2024
Revenue [Abstract]  
REVENUE

NOTE 3:- REVENUE

 

Disaggregation of Revenues

 

Revenue disaggregated by geography for the years ended December 31, 2024, 2023 and 2022, based on the billing address of the Company’s customers, consists of the following:

 

   

Year ended December 31,

  
    2024     2023     2022  
    Revenue     % of
Revenue		     Revenue     % of
Revenue		     Revenue     % of
Revenue		  
Revenue by geography:                                    
China (excluding Hong Kong)   $ 254       33.1 %   $ 639       43.5 %   $ 1,476       42.0 %
Hong Kong    
-
      
-
       266       18.1 %    
-
      
-
  
Sweden     224       29.2 %     247       16.8 %     1,276       36.3 %
USA     220       28.6 %     148       10.1 %     135       3.8 %
Germany     20       2.6 %     81       5.5 %     284       8.1 %
Israel     50       6.5 %     50       3.4 %     25       0.7 %
Italy    
-
      
-
      
-
      
-
       124       3.5 %
Switzerland    
-
      
-
      
-
      
-
       197       5.6 %
Other    
-
      
-
       39       2.6 %    
-
      
-
  
Total revenue   $ 768       100 %   $ 1,470       100 %   $ 3,517       100 %

 

Remaining Performance Obligation

 

The Company’s remaining performance obligations are comprised of product and services revenue not yet performed. As of December 31, 2024 and 2023 the aggregate amount of the transaction price allocated to remaining performance obligations was $290 and $977, respectively. The Company expects to recognize 2024 remaining performance obligations as revenue during 2025.