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Lease
12 Months Ended
Dec. 31, 2024
Lease [Abstract]  
LEASE

NOTE 5:- LEASE

 

The Company has entered into non-cancelable lease agreements for its offices and motor vehicles with lease periods expiring at various dates through October 2036.

 

The components of operating lease costs were as follows:

 

   Year ended December 31, 
   2023   2024 
         
Operating lease cost  $995   $1,138 
Variable lease cost   50    70 
           
Total net lease costs  $1,045   $1,208 

 

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

 

   As of December 31, 
   2023   2024 
         
Weighted average remaining lease term (in years)   10.8    10.07 
           
Weighted average discount rate   5.80%   5.96%

 

Minimum lease payments for the Company’s ROU assets over the remaining lease periods as of December 31, 2024, are as follows:

 

   Operating leases 
     
2025  $1,043 
2026   905 
2027   885 
2028   891 
2029   877 
2030 and thereafter   4,927 
      
Total undiscounted lease payments   9,528 
      
Less: imputed interest   (2,553)
      
Present value of lease liabilities  $6,975