XML 34 R19.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

LEASES | 12 Months Ended
--- | ---
Dec. 31, 2023
Leases [Abstract] |
LEASES |
NOTE 11: - | LEASES
The Group's facilities are leased under several lease agreements. In addition, the Company has various operating lease agreements with respect to motor vehicles. Lease expenses of office rent and vehicles for the years ended December 31, 2023, 2022 and 2021 were approximately $ 3,545, $ 3,784 and $ 3,141, respectively. Expenses for short- term leases in 2023 were $ 229, $ 82 and $ 92, respectively. Variable lease costs for the years ended December 31, 2023, 2022 and 2021 were $ 831, $ 813 and $732, respectively. The following table represents the weighted-average remaining lease term and discount rate:
|  | Year ended December 31, |
|  | 2023 |  |  | 2022 |
Weighted average remaining lease term |  | 1.5 years |  |  | 2.1 years |
Weighted average discount rate |  | 2.10% |  |  | 1.49% |
The discount rate was determined based on the estimated collateralized borrowing rate of the Company, adjusted to the specific lease term and location of each lease. Cash paid for amounts included in measurement of lease liabilities during the years ended 2023, 2022 and 2021 were $4,152, $2,843, and $3,253, respectively. Maturities of operating lease liabilities were as follows:
Year ending December 31, |  |  |
2024 |  | $ | 1,465 |
2025 |  |  | 673 |
2026 |  |  | 64 |
Total lease payments |  |  | 2,202 |
Less - imputed interest |  |  | (47 | )
Present value of lease liabilities |  | $ | 2,155 |
The Company elected to not recognize a lease liability and a right-of-use (“ROU”) asset for leases with a term of twelve months or less During the years ended December 31, 2023, 2022 and 2021 the short-term maturities of operating lease liabilities with a term of twelve months or less were $ 195, $ 126 and $ 116.

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for lessor's operating leases. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-30/tableOfContent + Details
Name: | us-gaap_OperatingLeasesOfLessorDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration