Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies

Commitments and Contingencies
6 Months Ended
Jun. 30, 2022
Commitments and Contingencies [Abstract]  



a. As of December 31, 2021, the Company was obligated under noncancellable operating lease agreements for certain sales offices and vehicles.


Future minimum lease payments for noncancellable operating leases with initial or remaining terms in excess of one year are as follows:


Fiscal year ending December 31:      
2022   $ 573  
2023   $ 294  
2024   $ 42  
Total minimum lease payments   $ 909  


The lease fees expensed in the year ended December 31, 2021, were $516,


b. The Company is obligated to repay certain research and development grants received from the Government of Israel in the form of a royalty rate on future sales of products derived from the funded research and development activities. The aggregate amount of royalties to be paid is determined based on 100% of the total grants received for qualified projects plus interest based on LIBOR. The Company may be required to pay royalties based on previous years funding in periods after June 30, 2022, for the future sale of product that includes technology developed and funded with these research and development grants received to date.


As of June 30, 2022, the Company has received approximately $14,300 (approximately $15,500 including LIBOR) and repaid approximately $10,000.


As of June 30, 2022, and December 31, 2021, the Company had a liability to pay royalties in the amount of approximately $968 and $818, respectively.