v3.22.4
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Allowance for Credit Losses
The following table provides a roll-forward of the allowance for credit losses that is deducted from the amortized cost basis of trade receivables to present the net amount expected to be collected:
   
Year Ended
December 31,
2022
 
Balance, at beginning of the period
 
$
2,626
 
Increase in provision for expected credit losses
   
679
 
Amounts written off charged against the allowance and others
   
(103
)
Balance, at end of the period
 
$
3,202
 
Schedule of Estimated Useful Lives of Property and Equipment
Property, plant and equipment are stated at cost, net of accumulated depreciation and government grants. Assets under construction represent the construction or development stage of property and equipment that have not yet been placed in service for the Company's intended use. Depreciation is calculated by the straight-line method over the estimated useful life of the assets, at the following rates:
   
%
Buildings and plants
 
2.5-5.7 (mainly 2.5)
Computers and peripheral equipment
 
14.3-33.3 (mainly 33.3)
Office furniture and equipment
 
7-25 (mainly 7)
Machinery and equipment
 
9-33.3 (mainly 10)
Laboratory and testing equipment
 
7-20 (mainly 10)
Leasehold improvements
 
over the shorter of the lease term or useful economic life
Option [Member] | Employees and Members of Board of Directors [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Assumptions Used to Estimate Fair Value of Stock Options and Warrants
   
Year ended December 31,
 
   
2022
   
2021
   
2020
 
Employee Stock Options (1)
                 
Risk-free interest
 
-
   
0.43%
 
 
1.73%
 
Dividend yields
 
-
   
0%
 
 
0%
 
Volatility
 
-
   
60.74%
 
 
58.98%
 
Expected option term in years
 
-
   
5.48
   
6.00
 
Estimated forfeiture rate
 
-
   
0%
 
 
0%
 
ESPP
                 
Risk-free interest
 
1.64% - 4.70%
 
 
0.03% - 0.10%
 
 
0.09% - 1.63%
 
Dividend yields
 
0%
 
 
0%
 
 
0%
 
Volatility
 
71.28% - 71.97%
 
 
48.39% - 76.05%
 
 
55.95% - 92.57%
 
Expected term
 
6 months
   
6 months
   
6 months
 
PSU
                 
Risk-free interest
 
1.77%
 
 
-
   
-
 
Dividend yields
 
0%
 
 
-
   
-
 
Volatility
 
67.42%
 
 
-
   
-
 
Expected term
 
1 - 3 years
   
-
   
-