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Leases | 12 Months Ended
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Dec. 31, 2022
Leases [Abstract] |
LEASES | NOTE 3 – LEASES The following represents the aggregate right-of-use assets and related lease liabilities from operating lease agreements for certain offices as:
|  | December 31, |
|  | 2 0 2 2 |  |  | 2 0 2 1 |
|  | U.S. dollars in thousands |
Amounts recognized in the consolidated balance sheet – right-of-use assets, net |  | $ | 946 |  |  | $ | 1,463 |
Current liabilities |  | $ | 271 |  |  | $ | 376 |
Long-term liabilities |  |  | 615 |  |  |  | 1,098 |
Total operating leased liabilities |  | $ | 886 |  |  | $ | 1,474 |
In the third quarter of 2022, the Company returned one floor of office space in Romania, which resulted in a decrease of the right-of-use asset and in the lease liability in the amount of approximately $173 thousand. There were no additional changes in the lease terms. The weighted average lease term and weighted average discount rate as of December 31, 2022 were as follows:
Weighted average lease term – operating lease |  | 4.28 years |
Weighted average discount rate – operating lease |  |  | 6.9 | %
The future cash flows related to the operating lease liabilities as of December 31, 2022 were as follows:
|  | U.S. dollars in thousands |
Years ending December 31: |  |  |
2023 |  | $ | 294 |
2024 |  |  | 248 |
2025 |  |  | 146 |
2026 |  |  | 142 |
2027 |  |  | 142 |
Thereafter |  |  | 38 |
Total lease payments (undiscounted) |  |  | 1,010 |
Less – discount to net present value |  |  | (124 | )
Present value of lease liabilities |  | $ | 886 |

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