PROPERTY, PLANTS AND EQUIPMENT

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

PROPERTY, PLANTS AND EQUIPMENT

NOTE 7 – PROPERTY, PLANTS AND EQUIPMENT

The following table represents the components of property, plants and equipment:

	December 31,
	2022			2021
	(in thousands)
Cost:
Production facility	$	3,944		$	4,040
Office furniture and computers		589			555
Lab equipment		4,811			2,435
Advance payment		17,442			6,181
Subtotal		26,786			13,211
Less – accumulated depreciation		(3,952	)		(2,940	)
Total	$	22,834		$	10,271

Depreciation expense for the years ended December 31, 2022 and December 31, 2021 were $1,067 thousand and $916 thousand, respectively.

Property, plants and equipment, net by geographical location were as follows:

	December 31,
	2022		2021
	(in thousands)
Belgium	$	1,095	$	1,149
Greece		858		-
Netherlands		380		-
Korea		466		694
Israel		2,284		2,602
U.S.		17,751		5,826
Total	$	22,834	$	10,271