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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS      
Cash and cash equivalents $ 10,653 $ 28,083 $ 67,896
Trade receivables, net of credit losses of $193 and $328, respectively 5,843 3,120 1,036
Prepaid expenses and other current assets 1,818 2,366 649
Inventories 7,300 5,653 2,929
Total current assets 25,614 39,222 72,510
LONG-TERM ASSETS      
Restricted cash and other long-term assets 436 784 694
Operating lease right-of-use assets 945 1,861 836
Property and equipment, net 1,217 1,262 196
Intangible assets 10,020 12,525 0
Goodwill 7,538 7,538 0
Total long-term assets 20,156 23,970 1,726
Total assets 45,770 63,192 74,236
CURRENT LIABILITIES      
Trade payables 4,992 5,069 1,950
Employees and payroll accruals 1,482 2,034 1,282
Deferred revenues 1,358 1,504 301
Current maturities of operating leases liability 936 1,296 564
Earnout liability 0 576 0
Other current liabilities 889 1,316 685
Total current liabilities 9,657 11,795 4,782
LONG-TERM LIABILITIES      
Earnout liability 792 2,716 0
Deferred revenues 1,301 1,506 890
Non-current operating leases liability 45 607 333
Other long-term liabilities 82 58 66
Total long-term liabilities 2,220 4,887 1,289
Total liabilities 11,877 16,682 6,071
COMMITMENTS AND CONTINGENT LIABILITIES
Shareholders' equity:      
Ordinary share of NIS 1.75 par value-Authorized: 25,000,000 shares at September 30, 2024 and December 31, 2023; Issued: 9,380,291 and 9,161,798 shares at September 30, 2024 and December 31, 2023, respectively; Outstanding: 8,805,633 and 8,587,140 shares as of September 30, 2024 and December 31, 2023 respectively (1) 4,589 [1] 4,487 [1] 4,489
Additional paid-in capital 282,054 281,109 279,857
Treasury Shares at cost, 574,658 ordinary shares at September 30, 2024 and December 31, 2023 (1) (3,203) [1] (3,203) [1] (2,431)
Accumulated deficit (249,547) (235,883) (213,750)
Total shareholders' equity 33,893 46,510 68,165
Total liabilities and shareholders' equity $ 45,770 $ 63,192 $ 74,236
[1] Reflects our one-for-seven reverse share split that became effective on March 15, 2024. See Note 8a to the condensed consolidated financial statements.