OPERATING LEASES (Tables)

12 Months Ended

Dec. 31, 2021

OPERATING LEASES

Schedule of Operating Leases

The following table sets forth data regarding the Company’s operating leases for the years ended December 31, 2019, 2020 and 2021:

	Year ended December 31,
(U.S. dollars in thousands)	2019			2020			2021
Operating lease costs	$	1,219		$	1,382		$	1,632
Cash paid for amounts included in the measurement of lease liabilities		1,329			1,289			1,391
Weighted average remaining lease term (in years)		10.5			9.5			8.9
Weighted average discount rate		12.7	%		12.7	%		12.8	%

Schedule of Maturity Analysis of Operating Leases

The following table sets forth a maturity analysis of the Company’s operating lease liabilities as of December 31, 2021:

(U.S. dollars in thousands)	December 31, 2021
2022	$	1,207
2023	$	1,025
2024	$	872
2025	$	853
2026	$	848
2027 and thereafter	$	4,528
Total undiscounted cash flows	$	9,333
Less: imputed interest	$	3,750
Present value of operating lease liabilities	$	5,583