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Acquisition of FRT (Tables)
12 Months Ended
Dec. 31, 2023
Business Combinations [Abstract]  
Schedule of assets acquired and liabilities assumed
   
October 31,
2023
 
   
U.S. Dollars
(in
thousands)
 
Cash and cash equivalents
   
2,053
 
Working capital (excluding cash and cash equivalents)
   
15,288
 
Fixed assets, net
   
1,615
 
Intangible assets
   
16,900
 
Goodwill
   
74,345
 
Deferred taxes liabilities, net
   
(7,157
)
      103,044  
         

Cash consideration

    102,539  

Capitalized share-based compensation

    505  
     
103,044
 
Schedule of intangible assets as of closing date of acquisition
   
October 31,
   
 
 
   
2023
U.S. Dollars
   
Weighted
average
 
   
(in
thousands)
   
useful life
(in years)
 
Technology
   
12,200
     
5
 
Trade name
   
2,700
     
10
 
Customer relationship
   
2,000
     
2
 
                 
     
16,900
     
5.4
 
Schedule of Pro-forma Financial Information
   
December 31,
 
    2023    
2022
 
   
U.S. Dollars (in thousands)
 
Revenue
   
334,030
     
349,879
 
Net income
   
69,483
     
81,143