Year ended December 31

2022

2021

2020

U.S. dollars in thousands

Finance income:

Change in fair value of derivative liabilities

(2,822

)

-

Gain from debt extinguishment

-

(14

)

-

Total finance income

(2,822

)

(14

)

-

Finance expense:

Finance expenses in respect of third-party loan

83

77

-

Change in fair value of derivative liabilities

-

75

-

Amortization of loan discount

37

85

-

Exchange rate changes

156

10

-

Interest expense on loans from shareholders and related parties

203

381

221

Other finance expenses

38

15

11

Total finance expenses

517

643

232

Finance (income) expense, net

(2,305

)

629

232