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Segment and Revenue by Geography and By Major Customer (Tables)

3 Months Ended

Mar. 31, 2025

Segment and Revenue by Geography and by Major Customer [Abstract]

Schedule of Segment Operating Profit (Loss)

Segment operating profit (loss) is used to monitor budget versus actual results, in order to assess the performance of the segment.

		Three months ended on March 31, 2025
		CIB				Automotive				Consolidated
		U.S. dollars in thousands
Revenues			11,753				5,075				16,828
Cost of revenues			(3,629	)			(2,617	)			(6,246	)
Gross profit			8,124				2,458				10,582
Research and development expenses			6,653				3,937				10,590
Sales and marketing expenses			2,791				2,816				5,607
General and administrative expenses			2,029				1,638				3,667
Change in earnout liability			174				-				174
Segment operating loss			(3,523	)			(5,933	)			(9,456	)
Change in fair value of Forfeiture Shares											-
Financial income, net											1,238
Loss before taxes on income											(8,218	)
Depreciation and Amortization expenses			537				233				770
Stock-based compensation			1,875				2,291				4,166

		Three months ended on March 31, 2024
		CIB				Automotive				Consolidated
		U.S. dollars in thousands
Revenues			7,177				4,382				11,559
Cost of revenues			(1,638	)			(3,106	)			(4,744	)
Gross profit			5,539				1,276				6,815
Research and development expenses			5,857				4,288				10,145
Sales and marketing expenses			1,873				2,515				4,388
General and administrative expenses			1,839				1,732				4,858
Segment operating loss			(4,030	)			(7,259	)			(11,289	)
Change in fair value of Forfeiture Shares											25
Financial income, net											1,234
Loss before taxes on income											(10,030	)
Depreciation and Amortization expenses			228				228				456
Stock-based compensation			1,721				2,043				3,764

Schedule of Revenue by Geography, Based on the Customers

The following table shows revenue by geography, based on the customers’ “bill to” location:

		Three months ended March 31
		2025				2024
		U.S. dollars in thousands
Israel			64				253
Hungary			2,880				2,071
United States			2,686				1,450
Portugal			2,237				1,867
China			2,221				1,519
Hong Kong			1,815				733
Switzerland			1,476				21
Japan			1,329				1,198
Other			2,120				2,447
			16,828				11,559

Schedule of Supplemental Data - Major Customers

The following tables summarize the significant customers’ (including distributors) accounts receivable and revenues as a percentage of total accounts receivable and total revenues, respectively:

		March 31, 2025				December 31, 2024
Accounts Receivable		% of Account Receivable
Customer A			18	%			14	%
Customer B			17	%			14	%
Customer C			16	%			18	%
Customer D			11	%			16	%

		Three months ended March 31
		2025				2024
		% of Revenues
Revenues
Customer A			13	%			16	%
Customer B			11	%			2	%
Customer E			4	%			15	%
Customer F			5	%			11	%
Customer G			8	%			10	%

Schedule of Long-Lived Assets by Geography

Long-lived assets by Geography:

		March 31, 2025				December 31, 2024
		U.S. dollars in thousands
Domestic (Israel)			9,085				9,482
China			228				314
USA			873				931
Other			207				286
			10,393				11,013

X

- Definition

Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

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- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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Tabular disclosure of the nature of a concentration, a benchmark to which it is compared, and the percentage that the risk is to the benchmark.

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