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REPORTING SEGMENT AND GEOGRAPHIC INFORMATION | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
REPORTING SEGMENT AND GEOGRAPHIC INFORMATION | REPORTING SEGMENT AND GEOGRAPHIC INFORMATION The Company operates as a single operating segment, with its Chief Executive Officer acting as the Chief Operating Decision Maker (CODM). The CODM regularly reviews the financial information on a consolidated basis and evaluates the segment's performance based on its operating loss and net loss, as reported in the consolidated statements of comprehensive loss. This financial metric is used to assess overall business performance, support resource allocation decisions and annual budgeting process. The CODM does not review segment-specific asset information when evaluating the Company's performance, and therefore, such details are not presented. The following table presents financial information with respect to the Company’s single operating segment for the years ended December 31, 2024, 2023 and 2022:
| Year ended December 31,
| 2024 |  | 2023 |  | 2022
Revenues | $ | 183 |  |  | $ | 1,608 |  |  | $ | — |
Cost of revenues | 3,681 |  |  | 3,270 |  |  | 547 |
Gross loss | $ | (3,498) |  |  | $ | (1,662) |  |  | $ | (547) |
Research and development employee labor costs (excluding share based compensation expenses) | 21,821 |  |  | 24,068 |  |  | 26,437 |
Other research and development expenses | 29,131 |  |  | 37,959 |  |  | 38,600 |
Research and development share based compensation expenses | 4,205 |  |  | 8,397 |  |  | 13,188 |
Research and development non-recurring expenses (1) | (5,697) |  |  | 12,238 |  |  | — |
Selling, general and administrative employee labor costs (excluding share based compensation expenses) | 10,609 |  |  | 11,330 |  |  | 11,503 |
Other selling, general and administrative expenses | 10,182 |  |  | 15,707 |  |  | 24,065 |
Selling, general and administrative share based compensation expenses | 5,380 |  |  | 7,881 |  |  | 13,632 |
Selling, general and administrative non-recurring expenses (2) | — |  |  | 650 |  |  | — |
Total operating expenses | 75,631 |  |  | 118,230 |  |  | 127,425 |
Operating loss | $ | (79,129) |  |  | $ | (119,892) |  |  | $ | (127,972) |
Income (loss) from warrants remeasurement | (22,750) |  |  | 396 |  |  | 17,929 |
Financial income (expenses), net | (7,812) |  |  | 3,928 |  |  | 4,371 |
Net loss before income tax | (109,691) |  |  | (115,568) |  |  | (105,672) |
Taxes on income (tax benefit) | 2,063 |  |  | (1,360) |  |  | 1,748 |
Net loss | $ | (111,754) |  |  | $ | (114,208) |  |  | $ | (107,420) |
(1) Primarily includes R&D tax credit income in fiscal year 2024 and certain one-time expense to a vendor in fiscal year 2023. (2) Primarily includes one-time professional fees expenses in fiscal year 2023. NOTE 18. REPORTING SEGMENT AND GEOGRAPHIC INFORMATION (cont.) Entity wide disclosures The Company attributes revenues from external customers to individual countries based on the customer’s billing address. Net sales attributed to countries that represent a significant portion of consolidated net sales are as follows:
| Year ended December 31,
| 2024 |  | 2023 |  | 2022
France | $ | 11 |  |  | $ | 1,398 |  |  | $ | — |
United States | 172 |  |  | 210 |  |  | — |
Total | $ | 183 |  |  | $ | 1,608 |  |  | $ | — |
Long-lived assets other than financial instruments attributed to countries that represent a significant portion of consolidated assets are as follows:
| December 31, 2024 |  | December 31, 2023
Israel | 14 | % |  | 20 | %
United Kingdom | 64 | % |  | 62 | %
United States | 22 | % |  | 18 | %

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards 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