OPERATING LEASES (Tables)

12 Months Ended

Dec. 31, 2022

OPERATING LEASES

Schedule of Operating Leases

The following table sets forth data regarding the Company’s operating leases for the years ended December 31, 2020, 2021 and 2022:

	Year Ended December 31,
(U.S. dollars in thousands)	2020			2021			2022
Operating lease costs	$	1,382		$	1,632		$	1,398
Cash paid for amounts included in the measurement of lease liabilities		1,289			1,391			1,404
Weighted average remaining lease term (in years)		9.5			8.9			8.2
Weighted average discount rate		12.7	%		12.8	%		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, 2022:

(U.S. dollars in thousands)	December 31, 2022
2023	$	1,118
2024	$	968
2025	$	963
2026	$	865
2027	$	933
2028 and thereafter	$	3,572
Total undiscounted cash flows	$	8,419
Less: imputed interest	$	3,132
Present value of operating lease liabilities	$	5,287