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INVENTORY

12 Months Ended

Dec. 31, 2024

INVENTORY

INVENTORY

NOTE 7 - INVENTORY:

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​	​	​	​	​
​	​	December 31,
​		2024		2023
​	​	U.S. dollars in thousands
Raw materials	​	513	​	828
Work in progress	​	308	​	233
Finished goods		2,830		3,328
​		3,651		4,389

​

During the years ended December 31, 2024, 2023, and 2022, the Company recognized amounts of $3.4 million, $4.4 million, and $9.7 million respectively, in inventory cost as part of cost of revenues.

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The amounts recognized include write-downs of inventories to net realizable value amounted to $0.2 million in 2024, $1.3 million in 2023, and $2.4 million in 2022. These were recognized as an expense, included in cost of revenues in the Consolidated Statements of Comprehensive Income (Loss).

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- Definition

The entire disclosure for inventories.

+ References

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