INVENTORIES

12 Months Ended

Dec. 31, 2024

INVENTORIES

INVENTORIES

NOTE 4 - INVENTORIES

a. Inventories at December 31, 2023 and 2024 consisted of the following:

	December 31,
(U.S. dollars in thousands)	2023		2024
Raw materials	$	4,176	$	4,549
Work in progress		9,055		11,245
Finished goods		5,814		5,449
Total inventory	$	19,045	$	21,243

b.    During the years ended December 31, 2022, 2023 and 2024, the Company recorded approximately $0.04 million, $0.8 million and $0.09 million, respectively, for write-down of inventory under cost of goods sold.