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Financial Instruments and Financial Risk Management (Tables)
 12 Months Ended
Dec. 31, 2023
Financial Instruments and Financial Risk Management [Abstract]  
Schedule of Analyzes Non-Derivative Financial Liabilities Derivative financial liabilities are included in the analysis if their contractual maturities are essential for an understanding of the timing of the cash flows.
   Less than one year   Between one to two years   More than two
years		 
   U.S. dollars in thousands 
December 31, 2023:            
Lease liabilities   370    303    220 
Long-term loans   290    782    20 
Accounts payable and accruals   2,808    
-
    
-
 
    3,468    1,085    240 
December 31, 2022:               
Lease liabilities   204    13    
-
 
Short-term bank loans   1,606    
-
    
-
 
Long-term loans   617    540    66 
Accounts payable and accruals   4,517    
-
    
-
 
    6,944    553    66 
Schedule of Changes in Level 3 Financial Liabilities The following table presents the changes in level 3 financial liabilities for each of the three years in the period ended December 31, 2023:
   Derivative financial
instruments		 
Balance as of January 1, 2023   26 
Initial recognition of financial liability   1,197 
Classification of financial liability to equity   (1,116)
Changes within profit or loss   2 
Balance as of December 31, 2023   109 
   Derivative financial
instruments		 
Balance as of January 1, 2022   488 
Changes within profit or loss   (462)
Balance as of December 31, 2022   26 

 

   Contingent
consideration		   Derivative
financial
instruments		   Total 
Balance as of January 1, 2021   1,599    1,448    3,047 
Payment of contingent consideration   (915)   
-
    (915)
Changes within profit or loss   (684)   (960)   (1,644)
Balance as of December 31, 2021   
-
    488    488 
Schedule of Financial Instruments Financial assets
   Financial
assets
measured at
fair value		   Financial
assets at
amortized
cost		   Total 
   U.S. dollars in thousands 
December 31, 2023            
Cash and cash equivalents   
-
    10,872    10,872 
Accounts receivable (excluding prepaid expenses)   
-
    2,194    2,194 
Long-term restricted deposits   
-
    3    3 
Long-term deposits   
-
    104    104 
Equity securities   82    
-
    82 
    82    13,173    13,255 
December 31, 2022               
Cash and cash equivalents   
-
    3,290    3,290 
Accounts receivable (excluding prepaid expenses)   
-
    2,236    2,236 
Short-term restricted deposits   
-
    560    560 
Long-term restricted deposits   
-
    127    127 
Long-term deposits   
-
    21    21 
    
-
    6,234    6,234 
Financial liabilities
   Financial
liabilities
measured at
fair value		   Financial
liabilities at
amortized
cost		   Total 
   U.S. dollars in thousands 
December 31, 2023            
Lease liabilities   
-
    893    893 
Accounts payable and accruals   
-
    2,808    2,808 
Long-term loans   
-
    1,092    1,092 
Derivative financial instruments   109    
-
    109 
    109    4,793    4,902 
December 31, 2022               
Lease liabilities   
-
    217    217 
Accounts payable and accruals   
-
    4,517    4,517 
Short-term bank loans   
-
    1,606    1,606 
Long-term loans   
-
    1,223    1,223 
Derivative financial instruments   26    
-
    26 
    26    7,563    7,589 
Schedule of Fair Value of Derivative Financial Instruments The Company used the Binomial model to evaluate the fair value of derivative financial instruments related to warrants previously granted to investors as of December 31, 2023 and 2022, using the following principal assumptions:
   Year ended December 31 
   2023   2022 
Risk-free interest rate   5.32%   4.59%
Expected term (in years)   0.43    1.43 
Expected volatility   91%   69.28%
The Company also used the Black-Scholes model to evaluate the fair value of derivative financial instruments related to several warrants previously granted to investors as of December 31, 2023 and 2022, using the following principal assumptions:
    Year ended December 31 
    2023    2022 
Risk-free interest rate   4.01%-4.92%    4.11%-4.73% 
Expected term (in years)   0.86-2.99    0.92-3.99 
Expected volatility   81.07%-94.33%    69.93%-98.87%