Supplementary Information to the Statements of Profit and Loss

12 Months Ended

Dec. 31, 2021

Disclosure Of Supplementary Information To Statements Of Comprehensive Loss Explanatory [Abstract]

SUPPLEMENTARY INFORMATION TO THE STATEMENTS OF PROFIT AND LOSS

Note 24: - Supplementary Information to the Statements of Profit and Loss

a. Additional information about revenues

	Year Ended December 31,
	2021		2020		2019
	U.S. Dollars in thousands
Revenues from major customers each of whom amount to 10% or more, of total revenues
Customer A(1)(2)	$	31,936	$	65,081	$	68,138
Customer B(3)		12,357		13,793		14,454
Customer C(2)		11,947		18,290		16,369
	$	56,240	$	97,163	$	98,961

⁽¹⁾ For additional information regarding the aggregate amount of the transaction price allocated to the performance obligations that are unsatisfied, refer to note 19a.

⁽²⁾ Revenue is attributed to the Proprietary segment.

⁽³⁾ Revenue is attributed mainly to the Distribution segment.

b. Revenues based on the location of the customers, are as follows:

	Year Ended December 31,
	2021		2020		2019
	U.S. Dollars in thousands
U.S.A and North America	$	49,763	$	84,949	$	84,572
Israel		35,774		36,144		31,959
Europe		5,677		4,461		4,701
Latin America		9,127		6,867		3,792
Asia		3,167		766		2,067
Others		134		59		96
Total Revenue	$	103,642	$	133,246	$	127,187

c. Cost of goods sold

	Year Ended December 31,
	2021			2020		2019
	U.S. Dollars in thousands
Cost of materials (1)	$	63,945		$	54,745	$	69,766
Salary and related expenses		17,486			17,957		16,941
Subcontractors		4,892			4,876		4,451
Depreciation and amortization		3,627			3,248		2,991
Energy		1,464			1,626		1,551
Other manufacturing expenses		1,298			575		712
		92,712			83,027		96,412
Decrease (increase) in inventories		(19,398	)		2,667		(18,962	)
Total Cost of goods sold	$	73,314		$	85,694	$	77,450

(1) costs of materials for the year ended December 31, 2021 includes $24,282 of inventory obtained in connection with the business combination. Refer to Note 5b for further detail on the business combination.

d. Research and development

	Year Ended December 31,
	2021		2020		2019
	U.S. Dollars in thousands
Salary and related expenses	$	5,076	$	6,045	$	5,897
Subcontractors		3,656		4,794		5,196
Materials and allocation of facility costs		1,896		1,682		966
Depreciation and amortization		616		725		663
Others		113		363		337
Total Research and development	$	11,357	$	13,609	$	13,059

For additional information regarding government grant refer to Note 13(b)

e. Selling and marketing

	Year Ended December 31,
	2021		2020		2019
	U.S. Dollars in thousands
Salary and related expenses	$	1,930		1,639		1,467
Marketing support		136		144		103
Packing, shipping and delivery		912		750		504
Marketing and advertising		1,193		586		788
Registration and marketing fees		1,262		934		917
Others		845		465		591
Total Selling and marketing	$	6,278	$	4,518	$	4,370

f. General and administrative

	Year Ended December 31,
	2021		2020		2019
	U.S. Dollars in thousands
Salary and related expenses	$	3,853	$	3,870		3,475
Employees welfare		1,259		978		1,296
Professional fees and public company expense		4,982		3,055		2,162
Depreciation, amortization and impairment		875		779		717
Communication and software services		977		924		799
Others		690		533		745
Total General and administrative	$	12,636	$	10,139	$	9,194

g. Financial expense(income)

	Year Ended December 31,
	2021			2020			2019
	U.S. Dollars in thousands
Financial income
Interest income and gains from marketable securities	$	295		$	1,027		$	1,146
Financial expense
Fees and interest paid to financial institutions		1,277			266			293
Financial income and (expense)
Derivatives instruments measured at fair value		(565	)		(1,097	)		(512	)
Translation differences of financial assets and liabilities		358			(438	)		(139	)
Bond securities measured at fair value		-			102			(5	)
Total Financial expense(income)	$	(1,189	)	$	(672	)	$	197