PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2024

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

NOTE 3 - PROPERTY AND EQUIPMENT

a. Composition of property and equipment grouped by major classifications is as follows:

	December 31,
(U.S. dollars in thousands)	2023		2024
Laboratory equipment	$	18,933	$	19,043
Furniture and computer equipment		3,084		3,374
Leasehold improvements		17,644		17,913
	$	39,661	$	40,330
Less – accumulated depreciation and amortization		(34,688)		(35,739)
	$	4,973	$	4,591

b.    Depreciation in respect of property and equipment totaled approximately $1.1 million, $1.2 million and $1.3 million for the years ended December 31, 2022, 2023 and 2024, respectively.