v3.25.2
SEGMENT INFORMATION
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
SEGMENT INFORMATION
NOTE 9:-
SEGMENT INFORMATION
 
  a.
Segment information:

 

   
Six Months Ended
June 30,
 
   
2025
   
2024
 
Revenues from external customers
 
$
27,137
   
$
13,721
 
Less:
               
Cost of revenues
   
18,595
     
15,255
 
Research and development expenses
   
27,982
     
40,606
 
Sales and marketing expenses
   
2,891
     
4,116
 
General and administrative expenses
   
8,676
     
10,233
 
Financial expense (income), net
   
29
     
(5,261
)
Taxes on income
   
85
     
77
 
                 
Segment loss
 
$
31,121
   
$
51,305
 
                 
Other segment disclosures:
               
Depreciation and amortization expenses
 
$
2,715
   
$
4,036
 
Share-based compensation expenses
 
$
7,907
   
$
11,145
 
Interest income
 
$
1,797
   
$
3,266
 
Expenditures for segment assets
 
$
2,924
   
$
2,029
 
 
   
June 30,
   
December 31,
 
   
2025
   
2024
 
Assets:
           
Segment assets
 
$
151,105
   
$
132,049
 
 
  b.
Geographic information:
 
Following is a summary of revenues by geographic areas. Revenues attributed to geographic areas, based on the location where the customers accept delivery of the products and services:
 
   
Six Months Ended
June 30,
 
   
2025
   
2024
 
             
Europe, Middle East and Africa (*)
 
$
26,030
   
$
12,450
 
Americas (**)
   
602
     
451
 
Israel
   
457
     
731
 
Asia Pacific
   
48
     
89
 
                 
   
$
27,137
   
$
13,721
 
 
  (*)
Includes revenues from Germany only.
 
  (**)
Includes revenues from United States in the amount of $584 and $451 for the six months ended June 30, 2025 and 2024, respectively.
 
  c.
Concentration of credit risk from major customers:
 
As of June 30, 2025, Customer A accounted for approximately 98% of the Company’s trade receivables.
 
As of December 31, 2024, Customer A and Customer B accounted for approximately 73% and 23% of the Company’s trade receivables, respectively.