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CONCENTRATION AND GEOGRAPHIC DATA
12 Months Ended
Dec. 31, 2022
Concentration And Geographic Data  
CONCENTRATION AND GEOGRAPHIC DATA

NOTE 16 – CONCENTRATION AND GEOGRAPHIC DATA

 

For the years ended December 31, 2022 and 2021, one customer accounted for 30% and 23%, respectively, of the Company’s revenues.

 

Information about Geographic Areas

 

Revenues by geography are based on the billing addresses of our customers. The following tables set forth revenues by geographic area for the years ended December 31,

 

           
In thousands  2022   2021 
Revenues:          
United States  $51,023   $53,725 
Israel   42,217    21,848 
Rest of the world   9,305    2,678 
Total revenues  $102,545   $78,251 

 

The Company’s operations are subject to various political, economic, and other risks and uncertainties inherent in the countries in which the Company operates. Among other risks, the Company’s operations are subject to the risks of restrictions on transfer of funds; export duties, quotas and embargoes; domestic and international customs and tariffs; changing taxation policies; foreign exchange restrictions; and political conditions and governmental regulations.