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OPERATING LEASES
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
OPERATING LEASES
NOTE 3 - OPERATING LEASES
 
1)
The Company leases office and research and development space under several agreements. The annual lease consideration is a total of $166 and is linked to the Israeli CPI. The lease agreement expires on June 30, 2023.
 
As of December 31, 2022, the Company provided bank guarantees of approximately $37, in the aggregate, to secure the fulfillment of its obligations under the lease agreements.
 
2)
The Company has entered into operating lease agreements for vehicles used by its employees. The lease periods are generally for three years and the payments are linked to the Israeli CPI. To secure the terms of the lease agreements, the Company has made certain deposits to the leasing company, representing approximately three months of lease payments. The annual lease consideration is a total of $21.
 
The lease cost was as follows:
 
   
Year ended
December 31,
2022
   
Year ended
December 31,
2021
 
Operating lease cost
   
197
     
216
 

 

Supplemental cash flow information related to leases was as follows:
 

   
Year ended
December 31,
2022
   
Year ended
December 31,
2021
 
Operating cash flows from operating leases
   
197
     
216
 

 

Supplemental balance sheet information related to operating leases was as follows:

 

 
   
December 31,
2022
   
December 31,
2021
 
Operating Leases
           
Operating lease right-of-use assets
   
90
     
239
 
                 
Current lease liabilities
   
91
     
179
 
Non-current lease liabilities
   
-
     
123
 
Total lease liabilities
   
91
     
302
 
                 
Weighted-average remaining lease term (in years)
   
0.52
     
1.53
 
Weighted-average discount rate
   
16
%
   
16
%
 

As of December 31, 2022, the maturity of lease liabilities under our non-cancelable operating leases are $91 to be paid in 2023.