Annual report pursuant to Section 13 and 15(d)

Income Taxes (Tables)

v3.24.1
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2023
Income Taxes [Abstract]  
Schedule of Loss Before Taxes on Income Loss before taxes on income are comprised as follows:
    Year Ended
December 31
 
    2023     2022  
    U.S. dollars in thousands  
Domestic     82     (4,535 )
Foreign Subsidiary     (6,368 )     (6,447 )
Total     (6,286 )     (10,982 )
Schedule of Net Deferred Tax Assets The components of the Company’s net deferred tax assets were as follows:
    Year Ended
December 31
 
    2023     2022  
    U.S. dollars in thousands  
Deferred tax assets (liabilities):      
Loss carryforwards     28,746       27,932  
Valuation allowance     (28,746 )     (27,932 )
Total net deferred tax assets    
-
     
-
 
Schedule of changes in valuation allowance for deferred tax assets Changes in valuation allowance for deferred tax assets were as follows:
    Year Ended
December 31
 
    2023     2022  
    U.S. dollars in thousands  
       
Valuation allowance at beginning of year     27,932       31,049  
Changes in valuation allowance     814       (3,117 )
Valuation allowance at end of year     28,746       27,932