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INVENTORIES

12 Months Ended

Dec. 31, 2021

Inventory Disclosure [Abstract]

INVENTORIES

NOTE 3 – INVENTORIES

 SCHEDULE OF INVENTORIES

Inventory		In thousand of US dollars
		December 31, 2021				December 31, 2020
Raw materials			94				95
Work in process			194				155
Finished products			33				34
			321				284
inventory write-down			(321	)			-
			-				284

(*) Management evaluated periodically whether inventory is required to be written-down due to slow-moving or obsolete items and recognize inventory impairment, as applicable. As a result of the development of the second generation of the glucose monitoring device the Group has recorded in the fourth quarter of 2021 inventory written-down in the amount of approximately $ 321 thousand.

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- References

No definition available.

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

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