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Lease
12 Months Ended
Dec. 31, 2023
Lease [Abstract]  
LEASES

NOTE 5- LEASES

 

The Company has operating leases for its offices and vehicles. The Company’s leases have remaining terms of less than one year to approximately 2 years, some of which may include options to extend the leases for up to 2 years.

 

The following table summarizes the classification of operating lease right-of-use assets and liabilities in the Company’s Consolidated Balance Sheets as of December 31, 2023 and 2022:

 

   December 31 
   2023   2022 
   U.S. dollars in thousands 
Assets        
Right of use assets   592    180 
Liabilities          
Short term   297    68 
Long term   278    94 
Total lease liabilities   575    162 

 

At December 31, 2023, the future minimum lease payments under the Company’s operating lease liabilities are as follows:

 

Year ended December 31,  U.S. dollars
in thousands
 
2024   308 
2025   289 
2026   22 
Total future minimum lease payments   619 
Less imputed interest   (44)
Total operating lease liabilities   575 
Less operating lease liabilities, current   (297)
Operating lease liabilities, non-current   278 

 

Total expenses under all operating leases were $232 thousand, $74 thousand, and $42 thousand for the years ended December 31, 2023, 2022 and 2021, respectively.