Segment and Geographic Information

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

SEGMENT AND GEOGRAPHIC INFORMATION

NOTE 6:- SEGMENT AND GEOGRAPHIC INFORMATION

Summary information about geographic areas:

ASC 280, "Segment Reporting," establishes standards for reporting information about operating segments. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. The Company manages its business on the basis of one reportable segment and derives revenues from licensing of software and sales of professional services, maintenance and technical support (see note 1 for a brief description of the Company's business). The following is a summary of revenues within geographic areas:

a. The following sets forth total revenue by geographic area based on the billing address of the customer:

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
United States	$	4,440	$	4,516	$	8,874	$	9,082
Europe		2,978		3,015		6,187		6,147
Asia Pacific		565		659		1,233		1,269
Israel		1,104		1,456		2,349		2,720
Other		94		65		187		148
	$	9,181	$	9,711	$	18,830	$	19,366

b. Major customers:

During the quarter ended June 30, 2020 and 2019, 23% and 20%, respectively, of the Company's revenues were derived from a single customer. For the quarter ended June 30, 2020, no other customer accounted for more than 10% of total revenue.

c. Remaining performance obligations:

As of June 30, 2020, approximately $50,433 of revenue is expected to be recognized from remaining performance obligations that are unsatisfied (or partially unsatisfied) for non-cancellable contracts. The Company expects to recognize revenue on approximately 32% of these remaining performance obligations during the remainder of 2020, approximately 44% in 2021, with the remainder recognized thereafter.

c. Revenue generated by Customer Type:

	Three months ended June 30,				Six months ended June 30,
	2020		2019		2020		2019
	Unaudited				Unaudited
OEM/Embedded Security (*)	$	7,511	$	7,881	$	15,417	$	15,673
Enterprise/SMB (**)		1,670		1,830		3,413		3,693
	$	9,181	$	9,711	$	18,830	$	19,366

(*)	This market represents customers who embed Cyren Threat Detection Services and Threat Intelligence Feeds into their infrastructure and/or products to protect their customers and users.
(**)	In this market, Cyren provides enterprise customers email security products, threat intelligence and cloud-based sandbox threat analysis to protect their employees, data and IP.

d. The following sets forth the Company's property and equipment by geographic area:

	June 30,		December 31
	2020		2019
	Unaudited
Israel	$	1,121	$	1,291
United States		1,486		1,527
Germany		1,873		1,345
Other		195		247
	$	4,675	$	4,410