Segment and Revenue by Geography and by Major Customer

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

SEGMENT AND REVENUE BY GEOGRAPHY AND BY MAJOR CUSTOMER

NOTE 14- SEGMENT AND REVENUE BY GEOGRAPHY AND BY MAJOR CUSTOMER:

a. For the purpose of evaluating financial performance and allocating resources, the CODM reviews financial information presented on a consolidated basis accompanied by disaggregated information about revenues, gross profit and operating loss by the two identified reportable segments, to make decisions about resources to be allocated to the segments and assess their performance. Assets information is not provided to the CODM and is not reviewed. Revenues and cost of goods sold are directly associated with the activities of a specific segment. Direct operating expenses, including general and administrative expenses, associated with the activities of a specific segment are charged to that segment. General and administrative expenses which cannot be attributed directly, are allocated evenly between segments. Other operating expenses are allocated to segments based on headcount ratio.

	Year Ended December 31, 2022
	Audio-Video		Automotive			Consolidated
	U.S. dollars in thousands
Revenues		74,540		16,175			90,715
Gross profit		58,425		4,965			63,390
Research and development expenses		20,901		37,306			58,207
Sales and marketing expenses		7,290		9,669			16,959
General and administrative expenses		8,259		8,334			16,593
Segment operating profit (loss)		21,975		(50,344	)		(28,369	)
Change in fair value of Forfeiture Shares							2,907
Financial income, net							(1,770	)
Loss before taxes on income							(27,232	)
Depreciation expenses		641		736			1,377

	Year Ended December 31, 2021
	Audio-Video		Automotive			Consolidated
	U.S. dollars in thousands
Revenues		62,801		7,883			70,684
Gross profit		48,909		1,670			50,579
Research and development expenses		14,054		32,821			46,875
Sales and marketing expenses		6,944		7,270			14,214
General and administrative expenses		8,322		8,234			16,556
Segment operating profit (loss)		19,589		(46,655	)		(27,066	)
Change in fair value of Forfeiture Shares							(173	)
Financial income, net							1,102
Loss before taxes on income							(26,137	)
Depreciation expenses		371		728			1,099

	Year Ended December 31, 2020
	Audio-Video		Automotive			Consolidated
	U.S. dollars in thousands
Revenues		54,843		2,067			56,910
Gross profit (loss)		43,609		(131	)		43,478
Research and development expenses		13,116		31,609			44,725
Sales and marketing expenses		6,625		7,032			13,657
General and administrative expenses		4,064		3,820			7,884
Segment operating profit (loss)		19,804		(42,592	)		(22,788	)
Financial income, net							3,300
Loss before taxes on income							(19,488	)
Depreciation expenses		419		674			1,093

b. Geographic Revenues

The following table shows revenue by geography, based on the customers’ “bill to” location:

	Year Ended December 31
	2022		2021		2020
	U.S. dollars in thousands
Israel		2,803		1,670		1,028
China		9,609		15,574		11,989
Hong Kong		15,157		13,964		9,780
United States		17,494		10,842		7,969
Mexico		4,443		2,381		7,708
Japan		9,238		7,669		6,802
Hungary		11,205		5,978		1,424
Other		20,766		12,606		10,210
		90,715		70,684		56,910

c. Supplemental data - Major Customers:

The following table summarizes the significant customers’ (including distributors) accounts receivable and revenues as a percentage of total accounts receivable and total revenues, respectively:

	December 31
	2022			2021
Accounts Receivable	U.S. dollars in thousands
Customer A		9	%		16	%
Customer B		10	%		12	%
Customer C		26	%		20	%
Customer D		16	%		0	%

	Year Ended December 31
	2022			2021			2020
	U.S. dollars in thousands
Revenues
Customer A		7	%		9	%		10	%
Customer C		12	%		10	%		17	%
Customer E		10	%		11	%		12	%
Customer F		10	%		6	%		6	%

d. Long-lived assets by Geography:

	Year Ended December 31
	2022		2021		2020
	U.S. dollars in thousands
Domestic (Israel)		5,827		2,259		1,543
Taiwan		184		199		344
China		225		210		312
USA		217		73		151
Singapore		124		-		-
Other		37		-		3
		6,614		2,741		2,353