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Revenues (Tables)
6 Months Ended
Jun. 30, 2018
Revenues  
Schedule of topic 606 on the Company's consolidated financial statements

     Balance at December 31,
2017
   New Revenue Standard Adjustment   Balance at January 1,
2018
 
               
  Assets            
  Prepaid and other current assets  $2,865   $555   $3,420 
  Other assets   1,116    (199)   917 
                  
  Shareholders’ Equity               
  Accumulated Deficit   (69,597)   356    (69,241)

 

    

Impact of changes in accounting policies

Six months ended June 30, 2018

 
     As reported   Adj.   Balances without adoption of Topic 606 
               
  Service revenue  $13,637   $293   $13,930 
  Product revenue   26,986    (162)   26,824 
  Total revenues   40,623    131    40,754 
                  
  Cost of revenues   19,336    -    19,336 
  Research and development expenses   2,359    -    2,359 
  Selling and marketing expenses   

7,545

    21    

7,566

 
  General and administrative expenses   

5,548

    -    

5,548

 
  Amortization of intangible assets   

248

    -    

248

 
  One time acquisition related costs   

262

    -    

262

 
  Financial expenses   666    -    666 
  Income tax expense   950    15    965 
  Others   15    -    15 
                  
  Net income   3,694    95    3,789
Schedule of disaggregation of revenue

 

     Reportable segments results of operations for the six months ended June 30, 2018 
     Cellocator segment   MRM segment   Elimination   Total 
  Revenue recognized:                
                   
  At a point of time  $12,367   $5,634   $(4,364)  $13,637 
  Over a period of time   362    26,670    (46)   26,986 
      

12,729

    

32,304

    

(4,410

)   

40,623

 

 

     Reportable segments about geographical areas 
     For the six months ended June 30,
2018
   For the
year ended
December 31,
2017
 
           
  Revenues        
  Israel  $19,293   $35,230 
  Latin America (mainly Mexico)   5,936    9,603 
  Brazil   6,876    14,248 
  Argentina   2,067    4,607 
  Europe   2,265    4,413 
  Other   4,186    10,054 
             
      40,623    78,155 
Schedule of receivables, contracts assets, and contract liabilities from contracts with customers

 

    

Balance at June 30,
2018

  

Balance at December 31,
2018

 
             
  Contract assets  $

486

   $

398