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INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 2,875 $ 1,385
Adjustments required to reconcile net income to net cash flows provided by operating activities:    
Depreciation 630 880
Share-based compensation 144 117
Changes in deferred income tax assets, net 566 335
Increase (decrease) in employee severance benefits, net 22 0
Decrease (increase) in trade receivables, net (1,784) (2,300)
Decrease (increase) in operating lease right-of-use assets 575 145
Increase (decrease) in operating lease liabilities (597) (149)
Decrease (increase) in other receivables and prepaid expenses (311) 83
Decrease (increase) in inventories (809) (731)
Increase (decrease) in trade payables 105 786
Increase (decrease) in other liabilities and accrued expenses 1,477 302
Net cash provided by operating activities 2,893 853
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (711) (615)
Insurance Proceeds 2,000 0
Restricted deposits 192 (1)
Net cash used in investing activities 1,481 (616)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Exercise of options 299 25
Repayment of long-term loans (3,348) (258)
Repayment of property and equipment payables 0 (7)
Net cash provided by (used in) financing activities (3,049) (240)
Effect of exchange rate on cash and cash equivalents (361) (1,034)
Increase (decrease) in cash and cash equivalents 964 (1,037)
Cash and cash equivalents at the beginning of the year 7,366 9,283
Cash and cash equivalents at end of the year 8,330 8,246
SUPPLEMENTAL DISCLOSURES OF CASH FLOW ACTIVITIES:    
Cash paid during the period for: Interest $ 81 $ 30