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Finance Expense (Income), Net
12 Months Ended
Dec. 31, 2023
Finance Expense (Income), Net [Abstract]  
Finance Expense (Income), net

Note 16 - Finance Expense (Income), net

 

A.

Revaluation of warrants

 

The gain is related to the fair value adjustments of warrants. The 2023 warrants included a cashless exercise feature and customary conditions in case of occurrence of a fundamental transaction. The warrants will expire (unless exercised) within 5.5 years from issuance of those warrants.

 

B. Finance expenses and income

 

   For the year ended December 31 
   2023   2022   2021 
   USD thousands 
Finance expenses            
Fees and interest expense   56    67    79 
Loss from exchange rate differences, net   13    -    133 
Issuance expenses (see note 10D)   2,126    -    - 
    2,195    67    212 

 

   For the year ended December 31 
   2023   2022   2021 
   USD thousands 
Finance income            
Interest income from deposits   (474)   (532)   (320)
Income from exchange rate differences, net   -    (62)   - 
Changes in fair value of finance instruments   (517)   (245)   - 
Other   (1)   (71)   - 
    (992)   (910)   (320)