PROPERTY, PLANTS AND EQUIPMENT

12 Months Ended

Dec. 31, 2023

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,
	2023			2022
	(in thousands)
Cost:
Production facility	$	55		$	3,944
Office furniture and computers		242			589
Lab equipment		1,061			4,811
Advance payment		692			17,442
Subtotal		2,050			26,786
Less – accumulated depreciation		(575	)		(3,952	)
Total	$	1,475		$	22,834

Depreciation expense for the years ended December 31, 2023 and December 31, 2022 were $839 thousand and $1,067 thousand, respectively.

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

	December 31,
	2023		2022
	(in thousands)
Belgium	$	29	$	1,095
Greece		-		858
Netherlands		289		380
Korea		-		466
Israel		56		2,284
U.S.		1,101		17,751
Total	$	1,475	$	22,834