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Leases | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
LEASES | NOTE 17:- LEASES: The company has operating leases for office space, warehouses, and car leases. The Company determines if a contract contains a lease at inception or modification of a contract. The leases generally do not provide an implicit interest rate, and therefore the Company’s incremental borrowing rate as the discount rate is used when measuring operating lease liabilities. The incremental borrowing rate represents an estimate of the interest rate the Company would incur at lease commencement to borrow an amount equal to the lease payments on a collateralized basis over the term of the lease within a particular currency environment. Most of the leases contain rental escalation, renewal options and/ or termination options that are factored into the determination of lease payments as appropriate. Variable lease payment amounts that cannot be determined at the commencement of the lease are not included in the right-to-use assets or liabilities. The following table presents the lease balances within the Consolidated Balance Sheet as of December 31, 2023:
|  | Classification on the Balance Sheet |  | Year ended December 31, 2023 |
Assets: |  |  |  |  |
Operating lease assets |  | Operating lease right of use assets, net |  |  | 1,026 |
Liabilities: |  |  |  |  |  |
current |  |  |  |  |  |
Operating lease liabilities |  | Operating lease liabilities, current |  |  | 235 |
Long term |  |  |  |  |  |
Operating lease liabilities |  | Operating lease liabilities, non-current |  |  | 759 |
Remaining Lease Term |  |  |  |  |  |
Vehicles |  |  |  |  | 0.07 - 2.75 years |
Facilities rent |  |  |  |  | 1.76 - 10.59 years |
Weighted Average Discount Rate |  |  |  |  |  |
Vehicles |  |  |  |  | 4.42 | %
Facilities rent |  |  |  |  | 5.10 | %
The following table reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate) under non-cancelable operating leases with terms of more than one year to the total operating lease liabilities recognized on our Consolidated Balance Sheet as of December 31, 2023:
2024 |  |  | 276 |
2025 |  |  | 209 |
2026 |  |  | 152 |
2027 |  |  | 92 |
2028 |  |  | 79 |
2029 - 2034 |  |  | 412 |
|  |  | 1,220 |
Expense under operating leases was $355 for the year ended December 31, 2023. Operating income in the Consolidated Statement of Operations includes operating lease costs. Short-term lease costs were not material.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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