ENTITY-WIDE DISCLOSURE

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

ENTITY-WIDE DISCLOSURE

NOTE 14 - ENTITY-WIDE DISCLOSURE:

a. Revenue

1) Revenues by geographic area were as follows:

	Year ended December 31
	2023			2022			2021
United States		307,818			298,612			237,263
Europe		62,532			49,274			36,588
Other		121,698			106,385			83,714
		492,048	*		454,271	*		357,565	*

*Revenues are attributed to geographic areas based on the location of customer. No single customer accounted for 10% or more of Company’s total revenues, or Company’s net accounts receivable, in any fiscal year presented.

2) Revenues based on products' category were as follows:

	Year ended December 31
	2023		2022		2021
Capital Equipment revenues		412,089		394,212		319,239
Consumables and service revenues		79,959		60,059		38,326
		492,048		454,271		357,565

3) Revenues based on products' technology were as follows:

	Year ended December 31
	2023		2022		2021
	%
Minimal-Invasive		83		81		72
Hands-Free		8		10		20
Non-Invasive		9		9		8
		100		100		100

4) The changes in contract liabilities are as follows:

	Year ended December 31
	2023			2022
Balance as of January 1		17,757			16,556
Increases due to issuance of new contracts, excluding amounts recognized as revenue during the period		12,498			14,987
Revenue recognized that was included in the contract liability balance at the beginning of the period		(15,566	)		(13,786	)
Balance as of December 31		14,689			17,757
Contract liability presented in non-current liabilities (1)		3,766			3,959
Contract liability presented in current liabilities		10,923			13,798

(1) As of December 31, 2023, non-current deferred revenue is estimated to be recognized as following: 83% in year 2025 and the rest in year 2026-2027.

b. Long-Lived Assets

	December 31
	2023		2022
Israel		6,704		3,263
United States		1,789		2,097
Other		3,587		2,011
		12,080		7,371
Other long-term assets*		4,370		4,573
		16,450		11,944

*Consists of non-current accounts receivable, net and other investments