FINANCIAL INSTRUMENTS AND FINANCIAL RISK MANAGEMENT (Tables)

12 Months Ended

Dec. 31, 2023

Disclosure of detailed information about financial instruments [abstract]

Schedule of Concentration of Currency Risk

	December 31, 2023
	Income (loss)						Value on			Income (loss)
Sensitive instrument	10% increase			5% increase			balance sheet			5% decrease			10% decrease
	in USD thousands
NIS-linked balances:
Cash and cash equivalents		(132	)		(69	)		1,457			77			162
Short term deposit		(251	)		(131	)		2,758			145			306
Other receivables		(31	)		(16	)		344			18			38
Trade payables		243			127			(2,670	)		(141	)		(297	)
Other payables		169			89			(1,853	)		(98	)		(207	)
Total NIS-linked balances		(2	)		0			36			1			2
Euro-linked trade payables		(117	)		(61	)		(1,283	)		67			142
Total		(119	)		(61	)		(1,247	)		68			144

	December 31, 2022
	Income (loss)						Value on			Income (loss)
Sensitive instrument	10% increase			5% increase			balance sheet			5% decrease			10% decrease
	in USD thousands
NIS-linked balances:
Cash and cash equivalents		(416	)		(218	)		4,573			241			508
Other receivables		(66	)		(34	)		721			38			80
Trade payables		38			20			(416	)		(22	)		(46	)
Other payables		114			60			(1,257	)		(66	)		(140	)
Total NIS-linked balances		(330	)		(172	)		3,621			191			402
Euro-linked trade payables		(144	)		(76	)		(1,590	)		84			177
Total		(474	)		(248	)		2,031			275			579

Schedule of Linkage of Monetary Items

	December 31, 2022							December 31, 2023
	Dollar		NIS		Other currencies			Dollar		NIS		Other Currencies
	USD in thousands							USD in thousands
Assets:
Current assets:
Cash and cash equivalents		5,685		4,573		329			2,768		1,457		30
Short term bank deposits		40,495		-		-			35,981		2,758		-
Other receivables		-		721		-			480		350		-
		46,180		5,294		329			39,229		4,565		30
Liabilities:
Current liabilities:
Current maturities of long-term loans		1,542		-		-			3,145		-		-
Accounts payable and accruals:
Trade		4,359		416		2,191			6,663		2,670		1,536
Other		487		1,257		-			1,500		1,853		-
Non-current liabilities
Long-term loans, net of current maturities		8,626		-		-			6,628		-		-
		15,014		1,673		2,191			17,936		4,523		1,536
Net balance		31,166		3,621		(1,862	)		21,293		42		(1,506	)

Schedule of Credit Risk

	December 31,
	2022		2023
	in USD thousands
Assets:
Cash and cash equivalents		10,587		4,255
Short-term bank deposits		40,495		38,739
Trade receivables		-		358
Other receivables		721		830
Total		51,803		44,182

Schedule of Changes in Financial Liabilities With Cash Flows Included in Financing Activities

	Long-term loans			Warrants			Total
	in USD thousands
Balance as of January 1, 2021		5,832			10,218			16,050
Changes during the year 2021:
Principal and interest payments		(3,814	)		-			(3,814	)
Share premium resulting from exercise of warrants					(10,295	)		(10,295	)
Amounts recognized through profit and loss		739			1,936			2,675
Balance as of December 31, 2021		2,757			1,859			4,616
Changes during the year 2022:
Net proceeds		9,126			9,075			18,201
Principal and interest payments		(3,177	)		-			(3,177	)
Amounts recognized through profit and loss		1,462			(6,425	)		(4,963	)
Balance as of December 31, 2022		10,168			4,509			14,677
Changes during the year 2023:
Principal payments or received		(1,543	)		-			(1,543	)
Amounts recognized through profit and loss		1,148			11,054			12,202
Share premium resulting from exercise of warrants		-			(3,631	)		(3,631	)
Balance as of December 31, 2023		9,773			11,932			21,705

Schedule of Fair Value Measurement of Warrants

	Warrants
	in USD thousands
Balance as of January 1, 2021		10,218
Changes during 2021:
Exercises		(10,295	)
Changes in fair value through profit and loss		1,936
Balance as of December 31, 2021		1,859
Changes during 2022:
Issuances		9,075
Changes in fair value through profit and loss		(6,425	)
Balance as of December 31, 2022		4,509
Changes during 2023:
Exercises		(3,631	)
Changes in fair value through profit and loss		11,054
Balance as of December 31, 2023		11,932