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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 4,224 $ 6,353 $ 3,194
Adjustments required to reconcile net income to net cash flows provided by operating activities:      
Depreciation 1,546 1,317 1,541
Share-based compensation 607 363 250
Changes in deferred income tax assets, net 621 1,327 583
Decrease (increase) in long-term tax receivables 0 (25) 70
Accrued Interest, net (463) 0 0
Increase (decrease) in employee severance benefits, net (2) 172 (25)
Decrease (increase) in trade receivables, net (988) (1,010) (3,941)
Decrease in operating lease right-of-use assets 859 888 779
Decrease in operating lease liabilities (857) (911) (768)
Decrease (increase) in other receivables and prepaid expenses 341 (169) 437
Increase in inventories (3,532) (1,139) (806)
Increase (decrease) in trade payables 929 989 1,543
Increase (decrease) in other liabilities and accrued expenses 1,255 707 972
Net cash provided by operating activities 4,540 8,862 3,829
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property and equipment (9,506) (2,432) (3,027)
Investment in short-term bank deposits, net (6,365) (2,719) 0
Restricted deposit 0 192 (2)
Repayment from insurance 0 2,000 0
Net cash used in investing activities (15,871) (2,959) (3,029)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Issuance of shares, net 9,312 0 0
Exercise of options 296 863 25
Dividend distribution 0 (1,321) (994)
Repayment of long-term loans 0 (3,348) (669)
Net cash provided by (used in) financing activities 9,608 (3,806) (1,638)
Effect of exchange rate on cash and cash equivalents 20 (185) (1,079)
Increase (decrease) in cash and cash equivalents (1,703) 1,912 (1,917)
Cash and cash equivalents at the beginning of the year 9,278 7,366 9,283
Cash and cash equivalents at end of the year 7,575 9,278 7,366
SUPPLEMENTAL DISCLOSURES OF CASH FLOW ACTIVITIES:      
Cash paid for interest 0 84 129
Cash paid for income taxes 61 37 38
Supplemental Disclosures of non-cash activity:      
Purchase of property and equipment in credit 1,238 2,125 324
Right-of-use assets recognized with corresponding lease liabilities $ 225 $ 506 $ 0