STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2021

Share-based Payment Arrangement [Abstract]

Share-based Payment Arrangement, Option, Activity

A summary of the employees’ stock option activity under the Legacy Plan for the year ended December 31, 2021 is as follows:

	Year ended December 31, 2021
	Amount of options	Weighted average exercise price		Weighted average remaining contractual term (in years)	Aggregate intrinsic value (in thousands)
Outstanding at beginning of year	12,185,210	$	0.37	7.20	$	3,100
Consultant has become employee	628,509	0.61
Granted	1,590,997	2.81
Forfeited	(257,574)	0.91
Expired	(51,018)	0.59
Exercised	(2,973,476)	0.50
Outstanding at end of year	11,122,648	$	0.82	6.87	$	64,818
Exercisable options at end of year	7,139,268	$	0.51	5.73	$	43,862

A summary of the consultants’ stock option activity under the Plan for the year ended December 31, 2021 is as follows:

	Year ended December 31, 2021
	Amount of options	Weighted average exercise price		Weighted average remaining contractual term (in years)	Aggregate intrinsic value (in thousands)
Outstanding at beginning of year	1,019,318	$	0.51	6.32	$	213
Consultant has become employee	(628,509)	0.61
Granted	99,628	2.81
Forfeited	(27,581)	0.61
Expired	—	—
Exercised	(283,229)	1.22
Outstanding at end of year	179,627	$	0.31	2.34	$	1,139
Exercisable options at end of year	123,515	$	0.35	2.33	$	778

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The Company estimated the fair value of each option on the date of grant using the Black-Scholes option pricing model applying the weighted-average assumptions in the following table:

	Year ended December 31,
	2021		2020		2019
Expected volatility	65	%	79	%	70	%
Expected dividends	—	%	—	%	—	%
Expected term (in years)	6.02		6.11		6.11
Risk free interest	1.06%-1.11%		0.62%-0.82%		1.65%-1.91%

Schedule Share Based Compensation Expenses

During the years ended December 31, 2021, 2020 and 2019, the Company recorded stock-based compensation expenses for the employees as follows:

	Year ended December 31,
	2021		2020		2019
Cost of goods sold	$	43	$	11	$	6
Research and development	501		121		77
Sales and marketing	470		196		200
General and administrative	1,997		92		43
Total	$	3,011	$	420	$	326