RELATED PARTY BALANCES AND TRANSACTIONS
|12 Months Ended|
Dec. 31, 2022
|Related Party Transactions [Abstract]|
|RELATED PARTY BALANCES AND TRANSACTIONS||
During the years ended December 31, 2022, 2021 and 2020 the Company earned $4,637, $4,500 and $(12,014) respectively, in revenues (net revenues) from the sale of services and goods to a related party (see also Note 2i).
As of December 31, 2022 and 2021, the Company recorded receivables of $1,563 and $420, respectively from the same related party mentioned above in connection with the revenues earned, included as trade receivables, net on the accompanying consolidated balance sheets. The receivables are collected in the ordinary course of business.
As of December 31, 2022 and 2021, the Company recorded deferred revenues of $3,030 and $3,717, respectively, from the same related party mentioned above in connection with the revenues earned, included as advances from customers and deferred revenues on the accompanying consolidated balance sheets.
The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef