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Leases
12 Months Ended
Dec. 31, 2022
Disclosure Text Block [Abstract]  
LEASES
NOTE 5:-LEASES

 

a.The Company’s facilities are leased under operating lease agreements for periods ending no later than 2027. The Company has bank guarantees in connection with the facilities lease agreements in the total amount of $213. Accordingly, cash, in the same amount, was restricted in bank deposits. The Company also leases motor vehicles under various operating leases, the latest of which expires in 2025.

 

b.The following table summarizes the Company’s lease-related assets and liabilities recorded on the balance sheets:

 

   Classification  December 31,
2022
 
        
Lease assets:        
Operating lease assets  Operating lease ROU assets  $2,431 
         
Lease liabilities:       
Current lease liabilities  Short-term operating lease liabilities  $959 
Long-term lease liabilities  Long-term lease liabilities   1,173 
         
      $2,132 
         
Weighted Average Remaining lease term      3.37 years 
Weighted Average Discount rate      9.95%

 

c.The components of operating lease expense for the year ended December 31, 2022, were $1,344.

 

d.Lease liability as of December 31, 2022, is as follows:

 

2023  $1,047 
2024   439 
2025   385 
2026   367 
2027   186 
      
Total undiscounted lease payments   2,424 
Less - imputed interest   (292)
      
Present value of lease liabilities  $2,132 

 

e.The following table presents supplemental cash flow information related to the lease costs for operating leases as of December 31, 2022:

 

Cash paid for amounts included in measurement of lease liability:    
Operating cash flows for operating leases  $1,259 
      
Right-of-use asset recognized with corresponding lease liability:     
Operating leases  $3,528