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Leases
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
LEASES

NOTE 4 - LEASES

 

The following represents the aggregate right-of-use assets and related lease liabilitiesas of December 31, 2019:

 

   U.S. dollars in
thousands
 
Amounts recognized in the consolidated balance sheet as of December 31, 2019:     
Right-of-use assets, net  $1,290 
 Current liabilities  $292 
Long-term liabilities   983 
Total operating leased liabilities  $1,275 

 

The weighted average lease term and weighted average discount rate as of December 31, 2019 were as follows:

 

Weighted average lease term     
Operating leases   5.2 years 
Weighted average discount rate     
Operating leases   6.8%

 

The future cash flows related to the operating lease liabilities as of December 31, 2019 were as follows:

 

   U.S. dollars in
thousands
 
Years ending December 31:    
2020  $312 
2021   234 
2022   234 
2023   234 
2024   189 
Thereafter   165 
Total lease payments (undiscounted)   1,368 
Less – discount to net present value   (93)
Present value of lease liabilities  $1,275