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SEGMENT INFORMATION
3 Months Ended
Mar. 31, 2025
SEGMENT INFORMATION  
SEGMENT INFORMATION

NOTE 6 – SEGMENT INFORMATION

a.The Company operates in Israel as a single operating segment. The Company’s President and Chief Executive Officer is the CODM. The CODM makes decisions on resource allocation, assesses performance of the business and monitors budget versus actual results on a consolidated basis.
b.Segment information:

Three Months Ended March 31, 

(U.S. dollars in thousands)

2025

2024

Revenues from customers

$

10,113

$

3,748

Less:

Employee salaries and related expenses

5,205

5,144

Sub-contractors expense

2,689

2,155

Interest expense

6

390

Interest income

(419)

(513)

Depreciation

346

322

Other segment expenses*

6,018

983

Loss before taxes on income

(3,732)

(4,733)

Tax benefit

(113)

(138)

Segment net loss

$

(3,619)

$

(4,595)

* Other expenses included in net income includes raw materials, rent and utilities and others.

c.The following table summarizes the Company’s disaggregation of revenues:

Three Months Ended March 31, 

(U.S. dollars in thousands)

    

2025

2024

Gaucher disease:

 

Pfizer (Ireland)

$

6,979

$

1,127

Fiocruz (Brazil)

$

3,016

$

2,550

Fabry disease:

Chiesi (Italy)

$

-

$

-

Total revenues from selling goods

$

9,995

$

3,677

Revenues from license and R&D services

$

118

$

71

d.Long lived assets are located in Israel.