Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Leases

v3.23.1
Leases
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
LEASES

Note 8:- LEASES

 

The Company has five non-cancelable operating lease agreements for certain office spaces in Israel. The leases have original lease periods expiring through 2024, some of which may include options to extend the leases for up to one additional year. The Company does not assume renewals in its determination of the lease term unless the renewals are considered as reasonably assured at lease commencement.

 

Supplemental cash flow information related to leases was as follows:

 

    Year ended
December 31,
 
    2022     2021  
Cash payments and expenses related to operating leases   $ (370 )   $ (245 )
Operating lease right-of-use assets and liabilities, net     (84 )     -  

 

Maturities of lease liabilities as of December 31, 2022, were as follows:

 

2023   $ 366  
2024     32  
Total lease payments     398  
Less imputed interest     17  
Total lease liabilities   $ 381  

 

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

 

    December 31,  
    2022  
Operating lease right-of-use assets   $ 465  
Current maturities of operating leases   $ 364  
Long-term operating lease liabilities   $ 17  
Weighted average remaining lease term (in years)     1.1  
Weighted average discount rate     5.8 %