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LEASES (Tables)

12 Months Ended

Dec. 31, 2024

Schedule of amounts recognized for leases


		December 31,
		2024		2023

		U.S dollars in thousands
Right-of-use assets:
Properties		302		773
Vehicles		—		216
		302		989
Lease liabilities:
Current		353		718
Non-current		3		455
		356		1,173

For the year ended December 31, 2023, there were additions of $0.3 million. Decrease in lease liability during the year ended December 31, 2024, and 2023, were $0.2 million and $5.4 million respectively (with corresponding decrease in right of use asset in an amount of $0.2 million and $4.7 million respectively) resulting from early terminations of leases in 2024 and 2023.

In June 2023, the company terminated a U.S. office lease signed in March 2022 resulting in a $0.7 million gain. The termination, part of ongoing cost reduction efforts, followed a decrease in headcount, that reduced the Company's need for the office lease.

Amounts recognized in the consolidated statements of comprehensive loss:

		Year Ended December 31,
		2024		2023
Depreciation charge of right-of-use assets
Properties		470		798
Vehicles		51		478
		521		1,276
Interest expense		55		367
Foreign exchange differences		7		3

Expenses relating to short-term leases and leases of low-value assets are immaterial.
The total cash outflow for leases in 2024 and 2023 was $0.7 million and $1.5 million respectively.