REPORTABLE SEGMENTS AND GEOGRAPHICAL INFORMATION

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

REPORTABLE SEGMENTS AND GEOGRAPHICAL INFORMATION

NOTE 13:   REPORTABLE SEGMENTS AND GEOGRAPHICAL INFORMATION

Reportable segments

ASC 280, Segment Reporting, establishes standards for reporting information about operating segments. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. The Company's chief operating decision maker ("CODM") is its 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.

The Company organizes its operations in two segments: Enterprise, Education and Technology and Media and Telecom. The Enterprise, Education and Technology segment represents products related to industry solutions for education customers, and media services (except for Media and Telecom customers). The Media and Telecom segment primarily represents TV solutions that are sold to media and telecom operators.

The measurement of the reportable operating segments is based on the same accounting principles applied in these financial statements, which includes certain corporate overhead allocations.

	Three Months Ended September 30, 2023
	Enterprise, Education and Technology		Media and Telecom		Total
Revenue	$	31,095	$	12,447	$	43,542
Gross profit	$	22,762	$	4,937	$	27,699
Operating expenses					$	36,013
Financial income, net					$	(95	)
Provision for income taxes					$	2,507
Net loss					$	10,726

	Three Months Ended September 30, 2022
	Enterprise, Education and Technology		Media and Telecom		Total
Revenue	$	30,056	$	10,995	$	41,051
Gross profit	$	21,218	$	5,157	$	26,375
Operating expenses					$	41,227
Financial expenses, net					$	3,002
Provision for income taxes					$	1,589
Net loss					$	19,443

	Nine Months Ended September 30, 2023
	Enterprise, Education and Technology		Media and Telecom		Total
Revenue	$	93,583	$	37,111	$	130,694
Gross profit	$	68,625	$	14,962	$	83,587
Operating expenses					$	113,423
Financial income, net					$	(3,047	)
Provision for income taxes					$	7,510
Net loss					$	34,299

	Nine Months Ended September 30, 2022
	Enterprise, Education and Technology		Media and Telecom		Total
Revenue	$	90,186	$	34,559	$	124,745
Gross profit	$	62,685	$	16,649	$	79,334
Operating expenses					$	124,349
Financial expenses, net					$	2,945
Provision for income taxes					$	5,756
Net loss					$	53,716

Geographical information

See Note 3 for disaggregated revenue by geographic region.