Post-effective amendment to a registration statement that is not immediately effective upon filing

Summary of Significant Accounting Policies (Tables)

v3.21.2
Summary of Significant Accounting Policies (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Accounting Policies [Line Items]    
Summary of Estimated Useful Lives of Related Assets   Depreciation is calculated on a straight-line basis over the estimated useful lives of the related assets, at the following annual rates:
    
%
Computers and software    33
Office furniture and equipment   
7-15
(mainly 15)
Electronic equipment    15
Leasehold improvements    Over the shorter of the related lease period or the useful life of the assets
Summary of Contract Liabilities
Contract liabilities consisted of the following as of December 31, 2020 and June 30, 2021:
 
    
December 31,
2020
     
June 30,
2021
  
    
 
     
(Unaudited)
  
Contract Liabilities, Current
                  
Deferred Revenue, Current
    $ 996      $ 1,803  
Customer Advance Payment
      665        —    
    
 
 
     
 
 
  
Total
      1,661        1,803  
    
 
 
     
 
 
  
Contract Liabilities, Long-Term
                  
Deferred Revenue, Long-Term
      3,473        3,473  
    
 
 
     
 
 
  
Total Contract Liabilities
   
$
5,134
 
   
$
5,276
 
 
 
 
 
 
 
 
 
 
Contract liabilities consisted of the following as of December 31, 2020 and December 31, 2019:
 
    
December 31,
  
    
2020
     
2019
  
    
(in thousands)
  
Contract Liabilities, Current
                  
Deferred Revenue, Current
    $ 996      $ 291  
Customer Advance Payment
      665        172  
    
 
 
     
 
 
  
Total
    $ 1,661      $ 463  
    
 
 
     
 
 
  
Contract Liabilities, Long-Term
                  
Deferred Revenue, Long-Term
      3,473        3,473  
    
 
 
     
 
 
  
Total Contract Liabilities
   
$
5,134
 
   
$
3,936
 
    
 
 
     
 
 
  
Summary of Changes in Warranty Provision
Changes in the warranty provision, presented in other accrued expenses, was as follow:
 
 
  
Year Ended
December, 31

2020
 
  
Six months

Ended

June 30,

2021
 
 
 
  
 
 
  
(Unaudited)
 
Balance at beginning of the period
  
$
61
 
  
$
27
 
Warranty Provision
  
 
198
 
  
 
190
 
Warranty Claims Settled
  
 
(232
) 
  
 
(56
) 
 
  
 
 
 
  
 
 
 
Balance at end of the period
  
$
27
 
  
$
161
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
  
 
 
 
Changes in the warranty provision, presented in other accrued expenses, was as follow:
 
    
Year ended

December 31,
  
    
2020
     
2019
  
Balance at beginning of the year
    $ 61      $ * ) 
Warranty Provision
      198        118  
Warranty Claims Settled
      (232 )       (57 ) 
    
 
 
     
 
 
  
Balance at end of the year
    $ 27      $ 61  
    
 
 
     
 
 
  
 
  *)
Represents amount lower than $1.