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SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2024
Accounting Policies [Abstract]  
Schedule of assets and liabilities measured at fair value
         
Fair value measurements as of
 
 
Description
   
Fair Value
Hierarchy
 
March 31,
2024
   
December 31,
2023
 
Financial assets:
                 
                   
Money market funds included in cash and cash equivalent
   
Level 1
 
$
2,587
   
$
2,550
 
Treasury bills included in cash and cash equivalent
   
Level 1
   
2,582
     
2,525
 
                       
Total Assets Measured at Fair Value
       
$
5,169
   
$
5,075
 
                       
Financial Liabilities:
                     
Earnout
   
Level 3
 
$
3,288
   
$
3,292
 
                       
Total liabilities measured at fair value
       
$
3,288
   
$
3,292
 
Schedule of warrants liability activity
 
 
Earnout
 
Balance December 31, 2023
  $ 3,292  
Change in fair value     (4 )
Balance March 31, 2024
  $
3,288
 
Schedule of disaggregation of revenues
 
 
Three Months Ended
March 31,
 
 
 
2024
   
2023
 
Product
 
$
3,739
   
$
942
 
Rental
   
886
     
184
 
Service and warranty
   
658
     
104
 
Total Revenues
 
$
5,283
   
$
1,230
 
Schedule of contract balances
 
 
March 31,
   
December 31,
 
 
 
2024
   
2023
 
Trade receivable, net of credit losses (1)
 
$
3,491
   
$
3,120
 
Deferred revenues (1) (2)
 
$
2,794
   
$
3,010
 
 
  (1)
Balance presented net of unrecognized revenues that were not yet collected.
 
  (2)
During the three months ended March 31, 2024, $489 thousand of the December 31, 2023 deferred revenues balance was recognized as revenues.
Schedule of concentration of credit risk
 
 
March 31,
   
December 31,
 
 
 
2024
   
2023
 
Customer A
   
40
%
   
-
 
 
Schedule of warranty provision
 
 
US Dollars
in
thousands
 
Balance at December 31, 2023
 
$
348
 
Provision
   
246
 
Usage
   
(198
)
Balance at March 31, 2024
 
$
396