2023 Q2 Form 10-Q Financial Statement

#000121390023038739 Filed on May 12, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $1.896M $1.848M $1.870M
YoY Change -38.46% -1.18% 20.65%
Cost Of Revenue $1.264M $1.160M $1.290M
YoY Change 9.06% -10.08% 57.7%
Gross Profit $632.0K $688.0K $582.0K
YoY Change -67.12% 18.21% -20.05%
Gross Profit Margin 33.33% 37.23% 31.12%
Selling, General & Admin $1.681M $1.794M $1.360M
YoY Change -11.71% 31.91% 85.54%
% of Gross Profit 265.98% 260.76% 233.68%
Research & Development $669.0K $757.0K $650.0K
YoY Change -1.04% 16.46% 4.84%
% of Gross Profit 105.85% 110.03% 111.68%
Depreciation & Amortization $6.000K $7.000K -$2.000K
YoY Change -40.0% -450.0% -116.67%
% of Gross Profit 0.95% 1.02% -0.34%
Operating Expenses $2.350M $2.551M $2.117M
YoY Change -8.91% 20.5% 50.57%
Operating Profit -$1.718M -$1.863M -$1.535M
YoY Change 161.09% 21.37% 126.4%
Interest Expense $171.0K $180.0K $107.0K
YoY Change -117.17% 68.22% 98.15%
% of Operating Profit
Other Income/Expense, Net $296.0K $148.0K -$3.210M
YoY Change -129.72% -104.61% -6044.44%
Pretax Income -$1.593M -$1.895M -$4.640M
YoY Change -3.69% -59.16% 583.36%
Income Tax
% Of Pretax Income
Net Earnings -$1.593M -$1.895M -$4.639M
YoY Change -3.69% -59.15% 583.21%
Net Earnings / Revenue -84.02% -102.54% -248.07%
Basic Earnings Per Share -$0.68 -$1.09 -$22.60
Diluted Earnings Per Share -$0.68 -$1.09 -$2.263M
COMMON SHARES
Basic Shares Outstanding 1.942M shares 17.41M shares 205.2K shares
Diluted Shares Outstanding 2.333M shares 1.734M shares 205.2K shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.382M $1.618M $606.0K
YoY Change -72.63% 167.0%
Cash & Equivalents $2.573M $808.0K $344.0K
Short-Term Investments $809.0K $810.0K $262.0K
Other Short-Term Assets $924.0K $1.193M $1.045M
YoY Change -51.45% 14.16%
Inventory $1.808M $1.274M $931.0K
Prepaid Expenses
Receivables $1.759M $2.473M $1.330M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $7.873M $6.558M $3.920M
YoY Change -56.92% 67.3%
LONG-TERM ASSETS
Property, Plant & Equipment $70.00K $76.00K $976.0K
YoY Change -29.29% -92.21%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.631M $5.367M $436.0K
YoY Change 375.99% 1130.96%
Total Long-Term Assets $5.701M $5.443M $1.410M
YoY Change 344.7% 286.03%
TOTAL ASSETS
Total Short-Term Assets $7.873M $6.558M $3.920M
Total Long-Term Assets $5.701M $5.443M $1.410M
Total Assets $13.57M $12.00M $5.330M
YoY Change -30.6% 125.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.918M $1.400M $1.540M
YoY Change 15.61% -9.09%
Accrued Expenses $2.302M $2.389M $2.590M
YoY Change 13.85% -7.76%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.223M $1.206M $7.270M
YoY Change 59.24% -83.41%
Total Short-Term Liabilities $6.716M $6.372M $12.19M
YoY Change 3.69% -47.73%
LONG-TERM LIABILITIES
Long-Term Debt $3.456M $3.712M $8.080M
YoY Change -24.28% -54.06%
Other Long-Term Liabilities $32.00K $33.00K -$8.170M
YoY Change -47.54% -100.4%
Total Long-Term Liabilities $5.469M $4.214M -$90.00K
YoY Change 2.7% -4782.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.716M $6.372M $12.19M
Total Long-Term Liabilities $5.469M $4.214M -$90.00K
Total Liabilities $12.19M $10.59M $23.96M
YoY Change 3.25% -55.82%
SHAREHOLDERS EQUITY
Retained Earnings -$36.89M -$35.30M
YoY Change 28.48%
Common Stock $1.000K $1.000K $0.00
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.285M $1.415M -$24.22M
YoY Change
Total Liabilities & Shareholders Equity $13.57M $12.00M $5.330M
YoY Change -30.6% 125.16%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income -$1.593M -$1.895M -$4.639M
YoY Change -3.69% -59.15% 583.21%
Depreciation, Depletion And Amortization $6.000K $7.000K -$2.000K
YoY Change -40.0% -450.0% -116.67%
Cash From Operating Activities -$1.234M -$1.705M -$504.0K
YoY Change -50.14% 238.29% -37.24%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $3.000K -$13.00K
YoY Change -100.0% -123.08% 550.0%
Acquisitions
YoY Change
Other Investing Activities $1.011M -$331.0K -$262.0K
YoY Change 429.32% 26.34%
Cash From Investing Activities $1.011M -$334.0K -$275.0K
YoY Change 432.11% 21.45% 13650.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $192.0K $129.0K
YoY Change 48.84%
Cash From Financing Activities 3.022M -$242.0K -272.0K
YoY Change -79.16% -11.03% -113.67%
NET CHANGE
Cash From Operating Activities -1.234M -$1.705M -504.0K
Cash From Investing Activities 1.011M -$334.0K -275.0K
Cash From Financing Activities 3.022M -$242.0K -272.0K
Net Change In Cash 2.799M -$2.281M -1.051M
YoY Change -77.09% 117.03% -188.69%
FREE CASH FLOW
Cash From Operating Activities -$1.234M -$1.705M -$504.0K
Capital Expenditures $0.00 $3.000K -$13.00K
Free Cash Flow -$1.234M -$1.708M -$491.0K
YoY Change -50.12% 247.86% -38.7%

Facts In Submission

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CY2023Q1 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-46000 usd
CY2022Q1 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
247000 usd
CY2023Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-16000 usd
CY2022Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-13000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1705000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1307000 usd
CY2023Q1 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
812000 usd
CY2022Q1 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
-262000 usd
CY2023Q1 asns Short Term Restricted Bank Deposits
ShortTermRestrictedBankDeposits
-329000 usd
CY2023Q1 asns Long Term Restricted Bank Deposits
LongTermRestrictedBankDeposits
-811000 usd
CY2023Q1 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
3000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3000 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
15000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-334000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-277000 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
1847000 usd
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
50000 usd
CY2023Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
192000 usd
CY2022Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
129000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-242000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1718000 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-5000 usd
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-197000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2281000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
134000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4279000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
795000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1998000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
929000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
808000 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
344000 usd
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
486000 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
1190000 usd
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
99000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1998000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
929000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
116000 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
220000 usd
CY2021Q4 us-gaap Lines Of Credit Fair Value Disclosure
LinesOfCreditFairValueDisclosure
2000000 usd
CY2023Q1 asns Incurred Losses
IncurredLosses
1895000 usd
CY2022 asns Incurred Losses
IncurredLosses
10982000 usd
CY2023Q1 asns Negative Cash Flows From Operations
NegativeCashFlowsFromOperations
1705000 usd
CY2022 asns Negative Cash Flows From Operations
NegativeCashFlowsFromOperations
7768000 usd
CY2023Q1 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
35297000 usd
CY2023Q1 asns Changes In Fair Value Related To Convertible Note
ChangesInFairValueRelatedToConvertibleNote
usd
CY2023Q1 us-gaap Dividends Cash
DividendsCash
2398000 usd
CY2023Q1 us-gaap Restricted Cash And Investments
RestrictedCashAndInvestments
4079000 usd
CY2022Q2 us-gaap Shares Issued
SharesIssued
421250 shares
CY2022Q2 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
46250 shares
CY2022Q2 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
40
CY2023Q1 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
15400000 usd
CY2023Q1 us-gaap Other Underwriting Expense
OtherUnderwritingExpense
1000000 usd
CY2023Q1 asns Warrants Exercisable Price
WarrantsExercisablePrice
29487 shares
CY2023Q1 us-gaap Warrant Exercise Price Decrease
WarrantExercisePriceDecrease
50
CY2023Q1 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
145000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.54 pure
CY2023Q1 asns Riskfree Rate
RiskfreeRate
0.0301 pure
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2023Q1 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
19.5
CY2023Q1 us-gaap Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
178377 shares
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top"> <td style="width: 0.5in"/><td style="width: 0.25in"><span style="font-size: 10pt">b)</span></td><td><b>Use of estimates in preparation of financial statements </b></td></tr></table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 74.7pt; text-indent: -0.25in"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in; text-align: justify">The preparation of the unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the amounts reported in the unaudited condensed consolidated financial statements and accompanying notes. The Company evaluates on an ongoing basis its assumptions, including those related to contingencies, fair values of financial instruments, inventory write-offs, as well as in estimates used in applying the revenue recognition policy. The Company’s management believes that the estimates, judgments, and assumptions used are reasonable based upon information available at the time they are made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the unaudited condensed consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.95in; text-align: justify; text-indent: 0in"> </p>
CY2023Q1 us-gaap Deferred Offering Costs
DeferredOfferingCosts
1450000 usd
CY2023Q1 us-gaap Product Warranty Expense
ProductWarrantyExpense
8000 usd
CY2022 us-gaap Product Warranty Expense
ProductWarrantyExpense
8000 usd
CY2023Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.5in"/><td style="width: 0.25in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">i)</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Concentration of risk</b></span></td> </tr></table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in; text-align: justify; text-indent: 0in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash and cash equivalents, restricted cash, and trade receivables. Cash and cash equivalents and restricted cash are placed with banks and financial institutions in the United States and Israel.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt; text-align: justify; text-indent: 0in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in; text-align: justify; text-indent: 0in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management believes that the financial institutions that hold the Company’s investments are financially sound and, accordingly, present minimal credit risk with respect to those investments.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt; text-align: justify; text-indent: 0in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in; text-align: justify; text-indent: 0in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s trade receivables are derived primarily from telecommunication operators, the Company’s reseller customers and enterprises located mainly in the United States, Europe, and Asia.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt; text-align: justify; text-indent: 0in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in; text-align: justify; text-indent: 0in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Credit risk with respect to trade receivables exists to the full extent of the amounts presented in the consolidated financial statements. Management makes judgments as to its ability to collect outstanding accounts receivable and provides allowances for the applicable portion of accounts receivable when collection becomes doubtful.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt; text-align: justify; text-indent: 0in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in; text-align: justify; text-indent: 0in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management provides allowances based upon a specific review of all significant outstanding invoices, analysis of its historical collection experience, and current economic trends. If the historical data used to calculate the allowance for doubtful accounts does not reflect the Company’s future ability to collect outstanding accounts receivable, additional provisions for doubtful accounts may be needed, and the future results of operations could be materially affected.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in; text-align: justify; text-indent: 0in">The Company has major customers, representing as follows:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt; text-align: justify"> </p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 72px"> </td> <td style="width: 24px; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.</span></td> <td style="text-align: justify; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Customer A represented 29% of the Company Trade receivables balance as of March 31, 2023 and December 31, 2022, respectively.</span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 72px"> </td> <td style="width: 24px; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.</span></td> <td style="text-align: justify; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Customer B represented 28% and 23% of the Company Trade receivables balance as of March 31, 2023 and December 31, 2022, respectively.</span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 72px"> </td> <td style="width: 24px; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.</span></td> <td style="text-align: justify; font-size: 10pt"><p style="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif">Customer C represented 0% and 10% of the Company Trade receivables balance as of March 31, 2023 and December 31, 2022, respectively.</p></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify">See note 13 for details regarding the revenues from these customers.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify">The Company does not see any credit risk regarding the trade receivable balance, as most of the remaining balance was paid off after the balance sheet date.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt; text-align: justify; text-indent: 0in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
640000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
593000 usd
CY2023Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
634000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
586000 usd
CY2023Q1 us-gaap Inventory Gross
InventoryGross
1274000 usd
CY2022Q4 us-gaap Inventory Gross
InventoryGross
1179000 usd
CY2023Q1 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
7000 usd
CY2022Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
147000 usd
CY2022Q3 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2025-09-30
CY2023Q1 asns Sublease End Date
SubleaseEndDate
2024-03-31
CY2023Q1 us-gaap Lease Income
LeaseIncome
48000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
548000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
726000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
361000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
445000 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
159000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
237000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
520000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
682000 usd
CY2020Q4 asns New Loan
NewLoan
6000000 usd
CY2020Q4 us-gaap Financing Receivable Loan In Process
FinancingReceivableLoanInProcess
3000000 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
210000 usd
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
161000 usd
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y5M8D
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y6M3D
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.038 pure
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.025 pure
CY2023Q1 asns Fixed Payments
FixedPayments
182000 usd
CY2022Q1 asns Fixed Payments
FixedPayments
158000 usd
CY2023Q1 us-gaap Variable Lease Cost
VariableLeaseCost
28000 usd
CY2022Q1 us-gaap Variable Lease Cost
VariableLeaseCost
3000 usd
CY2023Q1 us-gaap Lease Cost
LeaseCost
210000 usd
CY2022Q1 us-gaap Lease Cost
LeaseCost
161000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
299000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
476000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
177000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
177000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
70000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
70000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
546000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
723000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
26000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
41000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
520000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
682000 usd
CY2020Q3 us-gaap Amount Of Regulatory Assistance Received1
AmountOfRegulatoryAssistanceReceived1
150000 usd
CY2020Q3 us-gaap Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
0.0375 pure
CY2020Q4 asns New Loan
NewLoan
20000000 ils
CY2021Q1 asns Additional Loan Value
AdditionalLoanValue
2000000 usd
CY2023Q1 us-gaap Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
0.096 pure
CY2023Q1 asns Adjustment Of Warrants Granted For Service
AdjustmentOfWarrantsGrantedForService
1500000 usd
CY2021Q4 us-gaap Investment Company Increase From Payment By Affiliate And Gain Loss From Investment In Violation
InvestmentCompanyIncreaseFromPaymentByAffiliateAndGainLossFromInvestmentInViolation
1000000 usd
CY2021Q4 us-gaap Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
0.096 pure
CY2023Q1 us-gaap Warrant Down Round Feature Increase Decrease In Equity Amount1
WarrantDownRoundFeatureIncreaseDecreaseInEquityAmount1
1800000 usd
CY2023Q1 us-gaap Certain Loans Acquired In Transfer Accounted For As Debt Securities Outstanding Balance
CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesOutstandingBalance
4758000 usd
CY2023Q1 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
1198000 usd
CY2023Q1 asns Loan Agreement Value
loanAgreementValue
2000000 usd
CY2023Q1 us-gaap Long Term Notes And Loans
LongTermNotesAndLoans
2000000 usd
CY2023Q1 asns Lessee Operating Lease Liability Payments Due1 Year
LesseeOperatingLeaseLiabilityPaymentsDue1Year
6000 ils
CY2023Q1 asns Lessee Operating Lease Liability Payments Due Two Year
LesseeOperatingLeaseLiabilityPaymentsDueTwoYear
9000 ils
CY2023Q1 asns Lessee Operating Lease Liability Payments Due Three Year
LesseeOperatingLeaseLiabilityPaymentsDueThreeYear
9000 ils
CY2023Q1 asns Lessee Operating Lease Liability Payments Due Four Year
LesseeOperatingLeaseLiabilityPaymentsDueFourYear
9000 ils
CY2023Q1 asns Lessee Operating Lease Liability Payments Due Five Year
LesseeOperatingLeaseLiabilityPaymentsDueFiveYear
9000 ils
CY2023Q1 asns Lessee Operating Lease Liability Payments After Year Five
LesseeOperatingLeaseLiabilityPaymentsAfterYearFive
129000 ils
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-12000 ils
CY2023Q1 asns Total Loans Payments
TotalLoansPayments
159000 ils
CY2023Q1 asns Exchange Rate
ExchangeRate
1
CY2023Q1 asns Exchange Rate
ExchangeRate
3.615
asns Convertible Note Offering Amount
ConvertibleNoteOfferingAmount
3000000 usd
asns Convertible Note Offering Percentage
ConvertibleNoteOfferingPercentage
0.06 pure
CY2022Q2 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.06 pure
CY2022Q1 asns Convertible Note Offered
ConvertibleNoteOffered
3000000 usd
CY2022Q2 us-gaap Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
60000 usd
CY2023Q1 us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
0.40 pure
CY2023Q1 asns Convertible Note Description
ConvertibleNoteDescription
The Notes had an optional conversion price at a 40% discount based on a $50m value in the event that an IPO is not consummated and if an IPO is not consummated within 18 months of the issuance of the Notes, the value of the Notes would be set at 110% of their then balance. 
CY2022 asns Addition
Addition
1847000 usd
CY2022 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
1753000 usd
CY2022 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
3600000 usd
CY2023Q1 us-gaap Other Expenses
OtherExpenses
0 usd
CY2022Q1 us-gaap Other Expenses
OtherExpenses
1075000 usd
CY2017Q1 asns Aggregrate Principal Amount
AggregratePrincipalAmount
2000000 usd
CY2021Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
4905 usd
CY2022 asns Change In Fair Value Reported In Statement Of Comprehensive Loss
ChangeInFairValueReportedInStatementOfComprehensiveLoss
1648 usd
CY2022 asns Conversion Of Stock Amount Issued
ConversionOfStockAmountIssued
6553 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
996000 usd
CY2016Q3 us-gaap Shares Issued
SharesIssued
7305 shares
CY2022Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
8000 usd
CY2021Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
2149000 usd
CY2022 us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
1049000 usd
CY2022Q4 asns Conversion To The Companys Common Stock
ConversionToTheCompanysCommonStock
-3190000 usd
CY2023Q1 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
8000 usd
CY2022Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
8000 usd
CY2023Q1 asns Other Financial Expensesincome
OtherFinancialExpensesincome
0 usd
CY2022Q1 asns Other Financial Expensesincome
OtherFinancialExpensesincome
1058 usd
CY2023Q1 us-gaap Credit Derivative Liquidation Proceeds Percentage
CreditDerivativeLiquidationProceedsPercentage
1 pure
CY2023Q1 us-gaap Billed Contract Receivables
BilledContractReceivables
14300 usd
CY2023Q1 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
15500 usd
CY2023Q1 us-gaap Recorded Unconditional Purchase Obligation Amount Of Maturities And Sinking Fund Requirements
RecordedUnconditionalPurchaseObligationAmountOfMaturitiesAndSinkingFundRequirements
10000 usd
CY2022 asns Paid Amount
PaidAmount
221 usd
CY2023Q1 us-gaap Servicing Liability
ServicingLiability
931 usd
CY2022Q4 us-gaap Servicing Liability
ServicingLiability
900 usd
CY2022Q2 asns Total Authorized Shares
TotalAuthorizedShares
42803774 shares
CY2022Q2 asns Non Voting Common Stock
NonVotingCommonStock
2803774 shares
CY2022Q2 us-gaap Preferred Stock Convertible Shares Issuable
PreferredStockConvertibleSharesIssuable
10000000 shares
CY2023Q1 us-gaap Stock Issued During Period Shares Purchase Of Assets
StockIssuedDuringPeriodSharesPurchaseOfAssets
7920 shares
CY2023Q1 us-gaap Stock Issued During Period Shares Purchase Of Assets
StockIssuedDuringPeriodSharesPurchaseOfAssets
7920 shares
CY2023Q1 us-gaap Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
50000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
50000 usd
CY2023Q1 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
10690 shares
CY2023Q1 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
10690 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
96458 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.89
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y4M2D
CY2023Q1 us-gaap Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
435 shares
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
40
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
96023 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.7
CY2023Q1 asns Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm
P5Y1M13D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
79076 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
2.1
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y2M19D
CY2022Q1 asns Share Based Compensation Arrangement By Outstanding Numbers
ShareBasedCompensationArrangementByOutstandingNumbers
59200 shares
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
16.2
CY2023 asns Share Based Compensation Arrangement By Forfeited
ShareBasedCompensationArrangementByForfeited
-1200 shares
CY2023Q1 asns Share Based Compensation Arrangement By Outstanding Numbers
ShareBasedCompensationArrangementByOutstandingNumbers
58000 shares
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
16.2
CY2023Q1 us-gaap Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
96023
CY2022Q1 us-gaap Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
87317
CY2023Q1 us-gaap Option Indexed To Issuers Equity Shares
OptionIndexedToIssuersEquityShares
4.7 shares
CY2022Q1 us-gaap Option Indexed To Issuers Equity Shares
OptionIndexedToIssuersEquityShares
1.516 shares
CY2023Q1 us-gaap Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
59200 shares
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
16.2
CY2022Q1 us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
773108 shares
CY2022Q1 asns Redeemable Preferred Stock Outstanding
RedeemablePreferredStockOutstanding
25624 usd
CY2023Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 pure
CY2023Q1 asns Revenue From Related Parties Amount
RevenueFromRelatedPartiesAmount
1848000 usd
CY2022Q1 asns Revenue From Related Parties Amount
RevenueFromRelatedPartiesAmount
1868000 usd
CY2023Q1 asns Schedule Of Revenues From Contract Liability
ScheduleOfRevenuesFromContractLiability
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="padding: 0pt; text-indent: 0pt"> </td><td style="padding: 0pt; font-weight: bold; text-indent: 0pt"> </td> <td colspan="2" style="padding: 0pt; font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid; text-indent: 0pt">March 31,<br/> 2023</td><td style="padding: 0pt; font-weight: bold; text-indent: 0pt"> </td><td style="padding: 0pt; font-weight: bold; text-indent: 0pt"> </td> <td colspan="2" style="padding: 0pt; font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid; text-indent: 0pt">December 31, 2022</td><td style="padding: 0pt; font-weight: bold; text-indent: 0pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding: 0pt; width: 76%; text-align: left; text-indent: 0pt">Opening balance</td><td style="padding: 0pt; width: 1%; text-indent: 0pt"> </td> <td style="padding: 0pt; width: 1%; text-align: left; text-indent: 0pt">$</td><td style="padding: 0pt; width: 9%; text-align: right; text-indent: 0pt">648</td><td style="padding: 0pt; width: 1%; text-align: left; text-indent: 0pt"> </td><td style="padding: 0pt; width: 1%; text-indent: 0pt"> </td> <td style="padding: 0pt; width: 1%; text-align: left; text-indent: 0pt">$</td><td style="padding: 0pt; width: 9%; text-align: right; text-indent: 0pt">673</td><td style="padding: 0pt; width: 1%; text-align: left; text-indent: 0pt"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding: 0pt; text-align: left; text-indent: 0pt">Revenue recognized that was included in the contract liability balance at the beginning of the year</td><td style="padding: 0pt; text-indent: 0pt"> </td> <td style="padding: 0pt; text-align: left; text-indent: 0pt"> </td><td style="padding: 0pt; text-align: right; text-indent: 0pt">(141</td><td style="padding: 0pt; text-align: left; text-indent: 0pt">)</td><td style="padding: 0pt; text-indent: 0pt"> </td> <td style="padding: 0pt; text-align: left; text-indent: 0pt"> </td><td style="padding: 0pt; text-align: right; text-indent: 0pt">(593</td><td style="padding: 0pt; text-align: left; text-indent: 0pt">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding: 0pt; text-indent: 0pt">Additions</td><td style="padding: 0pt; text-indent: 0pt"> </td> <td style="padding: 0pt; border-bottom: Black 1.5pt solid; text-align: left; text-indent: 0pt"> </td><td style="padding: 0pt; border-bottom: Black 1.5pt solid; text-align: right; text-indent: 0pt">106</td><td style="padding: 0pt; text-align: left; text-indent: 0pt"> </td><td style="padding: 0pt; text-indent: 0pt"> </td> <td style="padding: 0pt; border-bottom: Black 1.5pt solid; text-align: left; text-indent: 0pt"> </td><td style="padding: 0pt; border-bottom: Black 1.5pt solid; text-align: right; text-indent: 0pt">568</td><td style="padding: 0pt; text-align: left; text-indent: 0pt"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding: 0pt; text-align: left; text-indent: 0pt">Remaining performance obligations</td><td style="padding: 0pt; text-indent: 0pt"> </td> <td style="padding: 0pt; border-bottom: Black 4pt double; text-align: left; text-indent: 0pt">$</td><td style="padding: 0pt; border-bottom: Black 4pt double; text-align: right; text-indent: 0pt">613</td><td style="padding: 0pt; text-align: left; text-indent: 0pt"> </td><td style="padding: 0pt; text-indent: 0pt"> </td> <td style="padding: 0pt; border-bottom: Black 4pt double; text-align: left; text-indent: 0pt">$</td><td style="padding: 0pt; border-bottom: Black 4pt double; text-align: right; text-indent: 0pt">648</td><td style="padding: 0pt; text-align: left; text-indent: 0pt"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 74.7pt; text-align: left"> </p>
CY2023Q1 asns Contract With Customer Liability Revenue Recognize
ContractWithCustomerLiabilityRevenueRecognize
648000 usd
CY2022Q4 asns Contract With Customer Liability Revenue Recognize
ContractWithCustomerLiabilityRevenueRecognize
673000 usd
CY2023Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-141000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-593000 usd
CY2023Q1 asns Additions
Additions
106000 usd
CY2022Q4 asns Additions
Additions
568000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
613000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
648000 usd
CY2023Q1 us-gaap Purchase Obligation
PurchaseObligation
613 usd
CY2022Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
0 shares
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
76000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
80000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
548000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
726000 usd
CY2023Q1 asns Revenues Percentage
RevenuesPercentage
0.10 pure
CY2017Q1 us-gaap Convertible Debt
ConvertibleDebt
26 usd
CY2022Q4 us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
59200 shares
CY2022Q4 asns Directors Shares Transaction
DirectorsSharesTransaction
10000 shares
CY2023Q1 us-gaap Line Of Credit Facility Commitment Fee Percentage
LineOfCreditFacilityCommitmentFeePercentage
0.07 pure
CY2023Q1 asns Accountable Non Expenses
AccountableNonExpenses
65000 usd
CY2023Q1 us-gaap Property Management Fee Percent Fee
PropertyManagementFeePercentFee
0.01 pure
CY2023Q1 asns Unregistered Warrants Purchase Percentage
UnregisteredWarrantsPurchasePercentage
0.07 pure
CY2023Q1 asns Purchase Of Common Stock
PurchaseOfCommonStock
66127 shares
CY2023Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
4.6313
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
ACTELIS NETWORKS INC
CY2023Q1 asns Common Stock Value1
CommonStockValue1
usd
CY2022Q4 asns Common Stock Value1
CommonStockValue1
usd
CY2023Q1 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
0 shares
CY2022Q1 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
usd
CY2022Q1 asns Short Term Restricted Bank Deposits
ShortTermRestrictedBankDeposits
usd
CY2022Q1 asns Long Term Restricted Bank Deposits
LongTermRestrictedBankDeposits
usd
CY2022Q1 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
usd
CY2023Q1 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
usd
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
usd
CY2021Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
usd
CY2022Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
usd
CY2022Q2 us-gaap Long Term Debt Term
LongTermDebtTerm
P3Y
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
usd
CY2023Q1 us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
usd
CY2023Q1 us-gaap Additions To Other Assets Amount
AdditionsToOtherAssetsAmount
usd
CY2022 us-gaap Additions To Other Assets Amount
AdditionsToOtherAssetsAmount
usd
CY2023Q1 asns Conversion To The Companys Common Stock
ConversionToTheCompanysCommonStock
usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
shares
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
shares
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2023 asns Share Based Compensation Arrangement By Share Based Payment Options Grants
ShareBasedCompensationArrangementByShareBasedPaymentOptionsGrants
shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
CY2023Q1 asns Share Based Compensation Arrangements Weighted Average Exercise Price
ShareBasedCompensationArrangementsWeightedAverageExercisePrice
shares
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001141284

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