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Lease
6 Months Ended
Jun. 30, 2023
Lease [Abstract]  
LEASE

NOTE 3:- LEASE

 

The Company has entered into non-cancelable lease agreements for its offices and motor vehicles with lease periods expiring at various dates through May 2035.

 

The components of operating lease costs were as follows:

 

   Period ended
June 30,
2023
 
   Unaudited 
     
Operating lease cost  $475 
Variable lease cost   22 
      
Total net lease costs  $497 

 

Supplemental balance sheet information related to operating leases is as follows:

 

   June 30,
2023
 
   Unaudited 
     
Operating lease ROU assets  $7,157 
Operating lease liabilities, current  $846 
Operating lease liabilities, long-term  $5,433 
Weighted average remaining lease term (in years)   10.85 
Weighted average discount rate   5.10%

 

Minimum lease payments for the Company’s ROU assets over the remaining lease periods as of June 30, 2023, are as follows:

 

   Operating leases 
   Unaudited 
     
2023  $453 
2024   849 
2025   790 
2026   689 
2027 and thereafter   5,562 
      
Total undiscounted lease payments   8,343 
Less: imputed interest   2,064 
      
Present value of lease liabilities  $6,279