XML 40 R30.htm IDEA: XBRL DOCUMENT v3.22.1

Warrants Liability (Tables)

12 Months Ended

Dec. 31, 2021

Warrants Liability [Abstract]

Schedule of Fair Value of the Warrants

The fair value of the warrants was computed using the following key assumptions:

		2020				2019
Stock price			3.97				3.2128
Exercise price			0.40171				0.40171
Expected term (years)			0.13				1.13
Expected volatility			48.15	%			45.85	%
Risk-free interest rate			0.1%-0.17	%			1.59	%
Expected dividend rate			0	%			0	%

Schedule of the Changes in the Fair Value of the Warrants Liability

b. The table below sets forth a summary of the changes in the fair value of the warrants liability classified as Level 3:

 

		2021				2020				2019
		U.S. dollars in thousands
Balance at beginning of year			568				459				459
Exercise of warrants			(568	)			—				—
Changes in fair value			—				109				—
Balance at end of year			—				568				459

X

- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (bbb)
-URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19279-110258

+ Details

Name:	us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Warrants Liability.

+ References

No definition available.

+ Details

Name:	vln_WarrantsLiabilityAbstract
Namespace Prefix:	vln_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration