Annual report pursuant to Section 13 and 15(d)

Prepaid Expenses and Other Current Assets

v3.24.1
Prepaid Expenses and Other Current Assets
 12 Months Ended
Dec. 31, 2023
Prepaid Expenses and Other Current Assets [Abstract]  
PREPAID EXPENSES AND OTHER CURRENT ASSETS

NOTE 4 - PREPAID EXPENSES AND OTHER CURRENT ASSETS:

 

    December 31  
    2023     2022  
    U.S. dollars in thousands  
Prepaid expenses     198       473  
Governmental authorities     84       130  
Other, net*     58       75  
      340       678  

 

* Prepaid expenses and other current assets are stated as net of allowances. The allowance for Prepaid expenses and other current assets is based on the Company’s periodic assessment of the collectability of the accounts based on a combination of factors including the age of the balance, and the reasonability to use this asset. During 2023 and 2022, the Company recorded allowances for Prepaid expenses and other current assets in the amounts of $144 and $0, respectively.