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Taxes on Income (Tables)

12 Months Ended

Dec. 31, 2023

Taxes on Income [Abstract]

Schedule of Company’s Loss Before Income Taxes

The following are the domestic (i.e. Israeli) and foreign components of the Company’s loss before income taxes:

		Year ended December 31,
		2023				2022				2021
Domestic		$	(43,500	)		$	(40,494	)		$	(58,092	)
Foreign			-				-				-
Total		$	(43,500	)		$	(40,494	)		$	(58,092	)

Schedule of Reconciliation Income Tax Benefit

The reconciliation of the income tax benefit that would result from applying the Israeli statutory tax rate to the Company’s reported income tax (benefit) is as follows:

		Year ended December 31,
		2023				2022				2021
Loss before income taxes, as reported in the consolidated statements of operations		$	43,500			$	40,494			$	58,092
Statutory tax rate			23	%			23	%			23	%
Income tax benefit at statutory tax rate		$	(10,005	)		$	(9,314	)		$	(13,361	)
Effect of Non-deductible expenses			3,063				475				6,129
Remeasurement of deferred taxes from currency exchange*			-				3,517				209
Change in valuation allowance			7,508				5,322				7,023
Other			(566	)			-				-
Reported income taxes benefit		$	-			$	-			$	-

* The income Tax Regulations (rules regarding ledger management of foreign invested companies and certain partnerships and the determination of their taxable income), 1986 allow Foreign Invested Companies (i.e., foreign holding percentage of more than 25%) to report for tax purposes in US dollars. The Company implemented these regulations on January 1, 2023.

Schedule of Deferred Tax Assets

The principal components of the Company’s deferred tax assets are as follows:

		December 31
		2023				2022
Deferred tax assets:
Net operating loss carry forwards		$	28,032			$	21,991
Research and development			6,252				4,834
Employees and payroll accrual			299				272
Property and equipment			79				57
Total deferred tax assets			34,662				27,154
Valuation allowance			(34,662	)			(27,154	)
Deferred tax assets, net of valuation allowance		$	-			$	-

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 12
-Section 50
-Publisher FASB
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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(1)(Note 1))
-Publisher FASB
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