|
NOTE 11 - SUPPLEMENTARY FINANCIAL STATEMENT
INFORMATION:
Balance sheets:
| |
|
December 31 |
|
| |
|
2021 |
|
|
2020
|
|
| a. Accrued liabilities and other: |
|
|
|
| Employees and institutions for employees |
|
$ |
863 |
|
|
$ |
671 |
|
| Provisions for vacation and others |
|
|
473 |
|
|
|
360 |
|
| Royalties and Other |
|
|
93 |
|
|
|
912 |
|
| |
|
$ |
1,429 |
|
|
$ |
1,943 |
|
Statements of operations:
| |
1) |
Disaggregated
revenues |
| |
|
Year ended December 31 |
|
| |
|
2021 |
|
2020 |
|
2019 |
|
| Revenues from licensing agreement (see Note 2(p)) |
|
$ |
14,000 |
|
$ |
3,600 |
|
$ |
- |
|
| Revenues from the sales of goods |
|
|
1,595 |
|
|
2,108 |
|
|
1,949 |
|
| Revenues from the rendering of services |
|
|
46 |
|
|
429 |
|
|
369 |
|
| Total revenues |
|
$ |
15,641 |
|
$ |
6,137 |
|
$ |
2,318 |
|
| |
2) |
Revenues
by geographical area (based on the location of customers): |
| |
|
Year ended December 31 |
|
| |
|
2021 |
|
2020 |
|
2019 |
|
| United states and Canada |
|
$ |
15,013 |
|
$ |
5,768 |
|
$ |
2,078 |
|
| Europe |
|
|
628 |
|
|
369 |
|
|
240 |
|
| Total revenues |
|
$ |
15,641 |
|
$ |
6,137 |
|
$ |
2,318 |
|
Set forth below is a breakdown of the
Company’s revenue by major customers (major customer –revenues from these customers constitute at least 10% of total revenues
in a certain year):
| |
|
2021 |
|
2020 |
|
2019 |
|
| Customer A |
|
$ |
169 |
|
$ |
4,929 |
|
$ |
1,374 |
|
| |
|
|
|
|
|
|
|
|
|
|
| Customer B |
|
$ |
14,770 |
|
$ |
822 |
|
$ |
242 |
|
| |
|
|
|
|
|
|
|
|
|
|
| Customer C |
|
$ |
- |
|
$ |
- |
|
$ |
419 |
|
| |
4) |
The
changes in deferred revenues relating to goods that were not yet delivered are as follows: |
| |
|
2021 |
|
2020 |
|
2019 |
|
| Balance at beginning of year |
|
$ |
(207 |
) |
$ |
(942 |
) |
$ |
(1,950 |
) |
| Contract liability recognized during the period |
|
|
(32 |
) |
|
(270 |
) |
|
- |
|
| Revenue recognized during the period |
|
|
207 |
|
|
1,005 |
|
|
1,008 |
|
| |
|
|
|
|
|
|
|
|
|
|
| Balance
at end of year(1) |
|
|
(32 |
) |
|
(207 |
) |
|
(942 |
) |
| Contract liability presented in current liabilities |
|
|
(32 |
) |
|
(207 |
) |
|
(942 |
) |
| Contract liability presented in non-current liabilities |
|
|
- |
|
|
- |
|
|
- |
|
| (1) |
Balance for the year ended
December 31, 2019 represents the unfulfilled performance obligation related to First BioInk. |
All of the Company’s long-lived assets
are located in Israel.
| d. |
Financial income (expenses) ,net |
| |
|
Year ended December 31 |
|
| |
|
2021 |
|
|
2020 |
|
|
2019 |
|
| |
|
|
|
|
|
|
|
|
|
| Exchange rate differences |
|
$ |
(38 |
) |
|
$ |
(181 |
) |
|
$ |
(230 |
) |
| Bank and other fees |
|
|
(30 |
) |
|
|
(11 |
) |
|
|
(63 |
) |
| Remeasurement of financial instruments |
|
|
28 |
|
|
|
40 |
|
|
|
(3,230 |
) |
| Other financing expenses |
|
|
(7 |
) |
|
|
(23 |
) |
|
|
(10 |
) |
| Interest on bank deposits |
|
|
219 |
|
|
|
- |
|
|
|
- |
|
| Financial income (expenses),
net |
|
$ |
172 |
|
|
$ |
(175 |
) |
|
$ |
(3,533 |
) |
|