LEASES

12 Months Ended

Dec. 31, 2023

Leases

LEASES

NOTE 9 - LEASES

The Company and its subsidiaries, Foresight Ltd. and Eye Net, currently have 3-year leases for their offices with options to extend the leases for another 3 years. The lease for Foresight Ltd. and Eye Net ends on March 31, 2027, and December 15, 2027, respectively. The Company also currently leases several vehicles, each for a term of 3 years. The Company has no finance leases.

Supplemental cash flow information related to operating leases was as follows:

	Year Ended December 31,
	2023		2022		2021
Cash payments for operating leases	$	537	$	550	$	460
Lease operating expenses	$	562	$	588	$	480
New operating lease assets obtained in exchange for operating lease liabilities	$	154	$	—	$	1,824

As of December 31, 2023, the Company’s operating leases had a weighted average remaining lease term of 2.2 years and a weighted average discount rate of 5.2%. Future lease payments under operating leases as of December 31, 2022, were as follows:

	Operating Leases
2024	$	536
2025		520
2026		482
2027		211
Total future lease payments		1,749
Less imputed interest		(118	)
Total lease liability balance	$	1,631