XML 43 R26.htm IDEA: XBRL DOCUMENT v3.24.1
Selected Statements of Operations Data
 12 Months Ended
Dec. 31, 2023
Quarterly Financial Data [Abstract]  
Selected Statements of Operations Data
Note 19 - Selected Statements of Operations Data
 
  A.
Restructuring and related charges
 
During 2023, the Company approved a cost reduction and re-organization plan that included, among other things, downsizing the Company's number of employees in a certain territory (the "2023 Restructuring Plan"). The Company recorded contractual and termination severance pay and other related costs for the impacted employees.
 
The liabilities related to the 2023 Restructuring Plan as of December 31, 2023 amounted to $80 thousand.
 
The Company does not expect to incur additional costs related to the 2023 Restructuring Plan.
 
  B.
Financial expenses and others, net
 
   
Year ended December 31,
  
   
2023
    
2022
    
2021
  
   
$ thousands
    
$ thousands
    
$ thousands
  
Financial income:
                  
Interest on deposits
    
93
      
107
      
160
  
Foreign currency translation differences and
 derivatives
    
3,296
      
3,054
      
571
  
                         
     
3,389
      
3,161
      
731
  
Financial expenses:
                        
Bank charges and interest on loans
    
(7,538
)
    
(5,016
)
    
(4,650
)
Foreign currency translation differences and
 derivatives
    
(4,049
)
    
(4,451
)
    
(4,449
)
Others
    
(270
)
    
-
      
(257
)
                         
     
(11,857
)
    
(9,467
)
    
(9,356
)
                         
     
(8,468
)
    
(6,306
)
    
(8,625
)
 
  C.
Net loss per share
 
The following table sets forth the computation of basic and diluted net earnings per share:
 
   
Year ended December 31,
  
   
2023
    
2022
    
2021
  
   
$ thousands
    
$ thousands
    
$ thousands
  
Numerator:
                  
Numerator for basic and diluted net income (loss) per share – income
  (loss) available to shareholders of Ordinary shares
    
6,220
      
(19,689
)
    
(14,828
)
                         
Denominator:
                        
Denominator for basic net income (loss) per share – adjusted
  weighted average number of Ordinary shares
    
84,617,774
      
84,132,982
      
83,414,831
  
Add - employee stock options and RSU
    
864,852
      
-
      
-
  
                         
Denominator for diluted net income (loss) per share – adjusted weighted average number of Ordinary shares
    
85,482,626
      
84,132,982
      
83,414,831