Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Revenues

v3.19.1
Revenues
12 Months Ended
Dec. 31, 2018
Revenues [Abstract]  
REVENUES

NOTE 15—REVENUES 

 

A. Revenues:

 

    2017     2018  
    NIS in
thousands
 
Revenues from the sales of goods     1,668       2,657  
Revenues from the rendering of services     -       682  
Revenues from licensing agreement (see Note 2N)     -       14,695  
      1,668       18,034  

 

B. Revenues by geographical area (based on the location of customers):

 

    2017     2018  
    NIS in
thousands
 
United states and Canada     802       17,511  
Europe     866       523  
      1,668       18,034  

 

C. Major customers

 

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):

 

    2017     2018  
    NIS in
thousands
 
Customer A     688       15,375  
                 
Customer B     521       -  
                 
Customer C     295       -  
                 
Customer D     -       1,816  

 

D. The changes in contract liability relating to goods that were not yet delivered are as follows:

 

    2018  
    NIS in
thousands
 
Balance as of January 1, 2018     -  
Contract liability recognized due to LB agreement     7,346  
Revenue recognized during the period     (37 )
Balance as of December 31, 2018(1)     7,309  
Contract liability presented in current liabilities     3,636  
Contract liability presented in non-current liabilities(2)     3,673  

 

(1) Represents the unfulfilled performance obligation related to First BioInk.
(2) As of December 31, 2018, non-current contract liabilities are estimated to be recognized in 2020.