INVENTORIES

12 Months Ended

Dec. 31, 2023

INVENTORIES

INVENTORIES

NOTE 4 - INVENTORIES

a. Inventories at December 31, 2022 and 2023 consisted of the following:

	December 31,
(U.S. dollars in thousands)	2022		2023
Raw materials	$	3,508	$	4,176
Work in progress		2,678		9,055
Finished goods		10,618		5,814
Total inventory	$	16,804	$	19,045

b.    During the years ended December 31, 2021, 2022 and 2023, the Company recorded approximately $0.4 million, $0.04 million and $0.8 million, respectively, for write-down of inventory under cost of goods sold.