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LEASES
12 Months Ended
Dec. 31, 2025
Leases  
LEASES

NOTE 9 - LEASES

 

The Company currently has a lease for its offices until March 31, 2030. The Company also leases several vehicles, each for a 3-year term.

 

Eye-Net had a lease for its offices with an option to extend for an additional 3 years, which was not exercised. As a result, the lease ended on December 15, 2024.

 

 

Foresight Autonomous Holdings Ltd.

Notes to the consolidated financial statements

(Dollars in thousands, except per share data)

 

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

 

   2025   2024   2023 
  

Year Ended December 31,

 
   2025   2024   2023 
Cash payments for operating leases  $476   $546   $537 
Lease operating expenses   116$  $355   $562 
New operating lease assets obtained in exchange for operating lease liabilities   67$  $1,734   $154 

 

As of December 31, 2025, the Company’s operating leases had a weighted average remaining lease term of 4.1 years and a weighted average discount rate of 8%. Future lease payments under operating leases as of December 31, 2025, were as follows:

 

   Operating Leases 
2026   443 
2027   426 
2028   407 
2029   399 
2030   100 
Total future lease payments   1,775 
Less imputed interest   (263)
Total lease liability balance   1,512