v3.26.1
Revenues
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Revenues [Abstract]    
Revenues

Note 7 — Revenues

 

Contract Assets and Liabilities

 

The following table provides information about accounts receivables and contract liabilities from contracts with customers:

 

    March 31,
2026
    December 31,
2025
 
    USD thousands  
Accounts receivables   $ 216     $ 269  
Contract liabilities (deferred revenues) – short term   $ 2,288     $ 2,816  
Contract liabilities (deferred revenues) – long term   $ 41     $ 115  

 

Remaining Performance Obligations

 

Remaining performance obligations represent contracted revenue that had not yet been recognized, and include billed deferred revenue, consisting of amounts invoiced to customers whether collected or uncollected which have not been recognized as revenue, as well as unbilled amounts that will be invoiced and recognized as revenue in future periods. As of March 31, 2026, the Company’s remaining performance obligations were $4,794 thousand, of which the Company expects to recognize $3,819 thousand and $975 thousand as revenue within one year and beyond one year, respectively.

Note 12 — Revenues

 

Revenues per geographical locations:

 

The Company operates globally and generates revenues from a diversified customer base across various geographical regions. Revenue is attributed to regions based on the Company’s selling entity to customers and resellers, as follows:

 

    Year ended
December 31
2025
    Year ended
December 31
2024
 
    USD thousands     USD thousands  
USA     1,104       1,990  
Israel     4,603       2,165  
Total Revenue     5,707       4,155  

 

Contract Assets and Liabilities

 

The following table provides information about accounts receivables and contract liabilities from contracts with customers:

 

    Year ended
December 31
2025
    Year ended
December 31
2024
 
    USD thousands     USD thousands  
Accounts receivables     269       113  
Contract liabilities (deferred revenues) – short term     2,816       2,423  
Contract liabilities (deferred revenues) – long term     115       362  

 

For the year ended December 31, 2025, the Company recognized revenues in the following amounts from 2 single external customers: $593, $997 thousands. For the year ended December 31, 2024, the Company recognized revenues in the following amounts from 5 single external customers: $436, $455, $434, $447, $450 thousands.