REVENUES, NET AND DEFERRED REVENUE (Tables)

3 Months Ended

Mar. 31, 2024

Revenue from Contract with Customer [Abstract]

SCHEDULE OF REVENUE COMPRISED

Revenues, net comprises the following:

	Three months ended March 31
	2024		2023
Product revenues, net	$	979	$	478
R&D service revenues		235		7
	$	1,214	$	485

SUMMARY OF REVENUE EXPECTED TO BE RECOGNIZED IN FUTURE RELATED TO PERFORMANCE OBLIGATIONS

The following table presents revenues expected to be recognized in the future related to performance obligations, based on current estimates, that are unsatisfied at March 31, 2024:

	Total		Current portion to March 31, 2025		Remaining portion thereafter
Product revenues, net	$	5,494	$	5,494	$	-
License revenues		2,500		2,500		-
R&D service revenues		3,233		1,625		1,608
	$	11,227	$	9,619	$	1,608

SUMMARY OF CHANGES IN DEFERRED REVENUE

The following table presents changes in the deferred revenue balance for the three months ended March 31, 2024:

Balance at January 1, 2023	$	2,613
Balance at December 31, 2023		9,108
Revenue deferred		2,500
Recognition of deferred revenue		(244	)
Currency translation		(137	)
Balance at March 31, 2024	$	11,227
Short Term	$	9,619
Long Term	$	1,608