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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 9,278 $ 7,366
Short-term bank deposits 2,862 0
Trade receivables (net of allowance for credit losses of $264 and $162 on December 31, 2023 and December 31, 2022, respectively) 10,898 10,116
Inventories 6,135 5,130
Other accounts receivable and prepaid expenses 934 786
Total current assets 30,107 23,398
LONG-TERM ASSETS:    
Severance pay fund 57 59
Restricted deposit 0 202
Long-term tax receivables 874 899
Deferred tax asset, net 224 1,597
Operating lease right-of-use assets 6,555 7,156
Total other assets 7,710 9,913
Property and equipment, net 9,354 7,674
Total long-term assets 17,064 17,587
Total assets 47,171 40,985
CURRENT LIABILITIES:    
Current maturities of long-term debt 0 702
Trade payables 7,503 4,793
Other accounts payable and accrued expenses 5,689 4,133
Short-term operating lease liabilities 789 846
Total current liabilities 13,981 10,474
LONG-TERM LIABILITIES:    
Long-term debt, excluding current maturities 0 2,768
Accrued severance pay 447 280
Long-term operating lease liabilities 5,871 6,443
Total long-term liabilities 6,318 9,491
COMMITMENTS AND CONTINGENT LIABILITIES 0 0
SHAREHOLDERS' EQUITY:    
Ordinary shares of NIS 3.0 par value – Authorized: 10,000,000 shares at December 31, 2023 and December 31, 2022; Issued and outstanding: 6,020,693 shares at December 31, 2023 and 5,849,678 shares at December 31, 2022 5,443 5,305
Additional paid-in capital 23,587 22,862
Foreign currency translation adjustments 783 1,189
Capital reserves 1,900 1,537
Accumulated deficit (4,841) (9,873)
Total shareholders' equity 26,872 21,020
Total liabilities and shareholders' equity $ 47,171 $ 40,985