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SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2024
SEGMENT INFORMATION  
Schedule of segment profitability and reconciliation to consolidated net income (loss) and comprehensive income (loss)

Year Ended December 31, 

2024

2023

2022

    

U.S. dollars in thousands

Commercial Operations Segment Adjusted EBITDA

(5,864)

(20,173)

(16,595)

Research And Development Adjusted EBITDA

(5,129)

(8,165)

(12,420)

Financial income (expenses), net

6,346

11,284

(28,825)

Share-based compensation to employees and service providers

(665)

(1,647)

(5,675)

Depreciation

(588)

(1,445)

(2,136)

Amortization of intangible assets

(31)

(545)

(6,018)

Gain from early termination of lease

22

543

Other income (expenses)

(2,359)

44,064

Consolidated Comprehensive income (loss)

(8,268)

23,916

(71,669)

Supplementary information on material income or expense items included in the segment results:

Licensing revenues included in the Research And Development Adjusted EBITDA

547

2,000

Loss from Global Termination Agreement included in the Commercial Operations Segment, not included in the Adjusted EBITDA

(2,359)

Gain from the sale of Movantik®, included in the Commercial Operations Segment, not included in the Adjusted EBITDA

44,064

Schedule of percentages of total net revenues from major customers

Year Ended December 31, 

2024

2023

2022

Customer A

36%

30%

32%

Customer B

22%

28%

30%

Customer C

30%

37%

33%