NOTE 9:-

LEASES

The Company has various operating leases for office space, vehicles and warehouse space that expire on different dates through 2030. Its lease agreements generally do not contain any material residual value guarantees or material restrictive covenants. The Company provided several security deposits mainly to secure various operating lease agreements in connection with its office space.

Aggregate lease payments for the right of use assets over the remaining lease period as of December 31, 2023, are as follows:

2024	$	4,937
2025		4,168
2026		3,505
2027		3,058
2028		2,776
2029 and thereafter		3,821

Total undiscounted lease payments	$	22,265

Less: adjustment to discounted lease payments		(1,561	)

Total discounted lease payments	$	20,704

The weighted-average remaining lease terms and discount rates for all of operating leases were as follows as of December 31, 2023:

Weighted-average remaining lease term (years):	5.49

Weighted-average discount rate:	2.84	%

The weighted-average remaining lease terms and discount rates for all of operating leases were as follows as of December 31, 2022:

Weighted-average remaining lease term (years):	6.42

Weighted-average discount rate:	2.7	%

Total rent expenses for the years ended December 31, 2023, 2022 and 2021 were $6,052, $6,856 and $6,193, respectively (see also Note 18b).