2024 Q1 Form 20-F Financial Statement

#000121390024028176 Filed on April 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $10.89M $44.18M
YoY Change -3.9% 6.43%
Cost Of Revenue $8.796M $34.97M
YoY Change 0.66% 7.76%
Gross Profit $2.090M $9.209M
YoY Change -19.31% 1.64%
Gross Profit Margin 19.2% 20.84%
Selling, General & Admin $1.698M $6.653M
YoY Change -12.43% -5.58%
% of Gross Profit 81.24% 72.24%
Research & Development $44.00K $158.0K
YoY Change 15.79% -4.82%
% of Gross Profit 2.11% 1.72%
Depreciation & Amortization $510.0K
YoY Change 100.79%
% of Gross Profit 5.54%
Operating Expenses $1.690M $6.759M
YoY Change -14.52% -6.28%
Operating Profit $400.0K $2.450M
YoY Change -34.75% 27.01%
Interest Expense $31.00K -$441.0K
YoY Change -126.96%
% of Operating Profit 7.75% -18.0%
Other Income/Expense, Net -$441.0K
YoY Change -31.84%
Pretax Income $431.0K $2.009M
YoY Change -19.74% 56.71%
Income Tax $4.000K $4.000K
% Of Pretax Income 0.93% 0.2%
Net Earnings $427.0K $2.005M
YoY Change -19.59% 57.13%
Net Earnings / Revenue 3.92% 4.54%
Basic Earnings Per Share $0.35
Diluted Earnings Per Share $0.07 $0.34
COMMON SHARES
Basic Shares Outstanding 5.748M shares 5.727M shares
Diluted Shares Outstanding 5.905M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.344M $2.344M
YoY Change 32.96% 32.96%
Cash & Equivalents $2.344M $2.344M
Short-Term Investments
Other Short-Term Assets $217.0K $217.0K
YoY Change 114.85% -62.06%
Inventory $6.070M $6.070M
Prepaid Expenses $417.0K
Receivables $12.42M $12.42M
Other Receivables $963.0K $963.0K
Total Short-Term Assets $22.02M $22.02M
YoY Change 7.02% 7.02%
LONG-TERM ASSETS
Property, Plant & Equipment $4.294M $4.294M
YoY Change -1.96% -1.96%
Goodwill $4.895M
YoY Change 0.0%
Intangibles $1.078M
YoY Change 121.81%
Long-Term Investments
YoY Change
Other Assets $196.0K $196.0K
YoY Change 232.2% -24.62%
Total Long-Term Assets $10.46M $10.46M
YoY Change 4.41% 4.41%
TOTAL ASSETS
Total Short-Term Assets $22.02M $22.02M
Total Long-Term Assets $10.46M $10.46M
Total Assets $32.48M $32.48M
YoY Change 6.16% 6.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.710M $7.710M
YoY Change -3.43% -3.43%
Accrued Expenses $2.287M $2.287M
YoY Change 218.08% 27.98%
Deferred Revenue $600.0K
YoY Change 10.7%
Short-Term Debt
YoY Change
Long-Term Debt Due $170.0K $170.0K
YoY Change -70.99% -70.99%
Total Short-Term Liabilities $10.90M $10.90M
YoY Change -2.6% -2.6%
LONG-TERM LIABILITIES
Long-Term Debt $1.150M $1.150M
YoY Change -11.13% -11.13%
Other Long-Term Liabilities $1.588M $1.588M
YoY Change 7.88% 7.88%
Total Long-Term Liabilities $2.738M $2.738M
YoY Change -1.01% -1.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.90M $10.90M
Total Long-Term Liabilities $2.738M $2.738M
Total Liabilities $13.64M $13.64M
YoY Change -2.28% -2.28%
SHAREHOLDERS EQUITY
Retained Earnings -$67.13M
YoY Change -2.9%
Common Stock $86.21M
YoY Change 0.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $18.84M $18.84M
YoY Change
Total Liabilities & Shareholders Equity $32.48M $32.48M
YoY Change 6.16% 6.16%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $427.0K $2.005M
YoY Change -19.59% 57.13%
Depreciation, Depletion And Amortization $510.0K
YoY Change 100.79%
Cash From Operating Activities $1.829M
YoY Change 42.56%
INVESTING ACTIVITIES
Capital Expenditures $772.0K
YoY Change -68.19%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$772.0K
YoY Change -75.02%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $102.0K
YoY Change -88.82%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -389.0K
YoY Change -124.56%
NET CHANGE
Cash From Operating Activities 1.829M
Cash From Investing Activities -772.0K
Cash From Financing Activities -389.0K
Net Change In Cash 668.0K
YoY Change -398.21%
FREE CASH FLOW
Cash From Operating Activities $1.829M
Capital Expenditures $772.0K
Free Cash Flow $1.057M
YoY Change -192.4%

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PaymentsToAcquirePropertyPlantAndEquipment
379000 usd
CY2022 us-gaap Payments To Acquire Assets Investing Activities
PaymentsToAcquireAssetsInvestingActivities
664000 usd
CY2023 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
431000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-772000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3091000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-379000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
912000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1841000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
102000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
119000 usd
CY2023 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
93000 usd
CY2022 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
1356000 usd
CY2021 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
173000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1311000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
668000 usd
CY2023 us-gaap Repayments Of Debt
RepaymentsOfDebt
584000 usd
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
686000 usd
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
822000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-389000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1584000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-224000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
941000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1893000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2117000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1176000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2561000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1893000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2117000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
118000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
58000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
59000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
220000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
748000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
669000 usd
CY2023 bosc Operating Lease Liabilities
OperatingLeaseLiabilities
220000 usd
CY2022 bosc Operating Lease Liabilities
OperatingLeaseLiabilities
748000 usd
CY2021 bosc Operating Lease Liabilities
OperatingLeaseLiabilities
669000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2344000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1763000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1875000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
217000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
130000 usd
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
242000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2561000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1893000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2117000 usd
CY2023 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
760000 usd
CY2023 bosc Accrued Expenses
AccruedExpenses
329000 usd
CY2023 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
431000 usd
CY2022 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
445000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
219000 usd
CY2022 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
664000 usd
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 pure
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<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><td style="width: 0.25in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">a.</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Use of estimates:</span></td> </tr></table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. The most significant assumptions are used with respect to the impairment analysis of goodwill and other identifiable intangible assets, revenues and the net realizable value of inventory. Actual results could differ from those estimates.</span></p>
CY2023 us-gaap Inventory Write Down
InventoryWriteDown
446000 usd
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
0 usd
CY2023 us-gaap Severance Costs1
SeveranceCosts1
267000 usd
CY2022 us-gaap Severance Costs1
SeveranceCosts1
417000 usd
CY2021 us-gaap Severance Costs1
SeveranceCosts1
379000 usd
CY2023 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
1770000 usd
CY2022 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
917000 usd
CY2023 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
1475000 usd
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
40000 shares
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 48px"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="width: 24px"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">n.</span></td> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Concentrations of credit risk and allowance for doubtful accounts:</span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents, bank deposits, trade receivables, and other accounts receivable.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">The trade receivables of the Company are derived from sales to customers located primarily in Israel, the Far East, Europe and America. The Company generally does not require collateral however a part of the Company’s customers outside of Israel are insured against customer nonpayment, through the Israeli Credit Insurance Company Ltd.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">In certain circumstances, the Company may require letters of credit, other collateral, additional guarantees, or advanced payments. An allowance for doubtful accounts is determined with respect to specific debts that are doubtful of collection, in order to reflect the expected credit losses on accounts receivable balances. Judgment is required in the estimation of the allowance for doubtful accounts and the Company evaluates the collectability of its accounts receivable based on a combination of factors including, among other things, the past experience with the customers, the length of time that the balance is past due using an aging schedule, the customer’s current ability to pay and its creditworthiness using all available information about the credit risk of such customer taking into consideration the current business environment. If the Company becomes aware of a customer’s inability to meet its financial obligations, a specific allowance is recorded to reduce the net receivable to the amount reasonably believed to be collectible from such customer.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">Accounts receivables are written off against the allowance for uncollectible accounts when the Company determines that these amounts are to be considered as no longer collectible.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">The expenses (income) related to the allowance for doubtful accounts for the years ended December 31, 2023, 2022 and 2021 was $205, $46 and $21, respectively. </span></p>
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
205000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
46000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
21000 usd
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
462500 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1203000 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.03925 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.04105 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0084 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.42 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.43 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.48 pure
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y6M
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y6M
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y6M
CY2023Q4 us-gaap Goodwill Fair Value Disclosure
GoodwillFairValueDisclosure
4900000 usd
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<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><td style="width: 0.25in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">v.</span></td><td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Reclassification</b></span></td> </tr></table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">Certain comparative figures have been reclassified to conform to the current year presentation. Such reclassifications did not have significant impact on the Company’s equity, net income or cash flows.</span></p>
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
219000 usd
CY2022 us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
723000 usd
CY2022 bosc Sale Lease Back Transactions Monthly Rental Payments
SaleLeaseBackTransactionsMonthlyRentalPayments
138000 usd
CY2022 us-gaap Asset Acquisition Consideration Transferred Contingent Consideration
AssetAcquisitionConsiderationTransferredContingentConsideration
38000 usd
CY2023Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
207000 usd
CY2022Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
167000 usd
CY2023Q4 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
324000 usd
CY2022Q4 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
704000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
417000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
442000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
15000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
101000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
963000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1414000 usd
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
229000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
177000 usd
CY2023Q4 us-gaap Inventory Gross
InventoryGross
1301000 usd
CY2022Q4 us-gaap Inventory Gross
InventoryGross
1750000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
5260000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
5788000 usd
CY2023Q4 us-gaap Contract With Customer Receivable Allowance For Credit Loss Current
ContractWithCustomerReceivableAllowanceForCreditLossCurrent
720000 usd
CY2022Q4 us-gaap Contract With Customer Receivable Allowance For Credit Loss Current
ContractWithCustomerReceivableAllowanceForCreditLossCurrent
1282000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
6070000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
6433000 usd
CY2023Q4 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
174000 usd
CY2022Q4 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
201000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
22000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
59000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
196000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
260000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6871000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6530000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3603000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3260000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3268000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3270000 usd
CY2023 us-gaap Depreciation
Depreciation
343000 usd
CY2022 us-gaap Depreciation
Depreciation
254000 usd
CY2021 us-gaap Depreciation
Depreciation
238000 usd
CY2023 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
341000 usd
CY2022 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
2427000 usd
CY2021 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
379000 usd
CY2022Q3 us-gaap Payments To Acquire Buildings
PaymentsToAcquireBuildings
2144000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2062000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1302000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
984000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
816000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1078000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
486000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
168000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
107000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
20000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
219000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
4895000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
127000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
114000 usd
CY2023Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
307000 usd
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
344000 usd
CY2023Q4 bosc Agent Fees
AgentFees
565000 usd
CY2022Q4 bosc Agent Fees
AgentFees
12000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
73000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
249000 usd
CY2023Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
1072000 usd
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
719000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
939000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
783000 usd
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
339000 usd
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
241000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
600000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
542000 usd
CY2023 us-gaap Revenues
Revenues
44179000 usd
CY2022 us-gaap Revenues
Revenues
41511000 usd
CY2023Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0827 pure
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
1320000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
1880000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
170000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
586000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1150000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1294000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
170000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
165000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
130000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
113000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
742000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
1320000 usd
CY2023 us-gaap Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
1314000 usd
CY2023 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.0779 pure
CY2023 us-gaap Other Commitments Description
OtherCommitmentsDescription
Under the Company’s research and development agreements with the Israel Innovation Authority (the IIA) and pursuant to applicable laws, the Company is required to pay royalties at the rate of 3.5% of sales of products developed with funds provided by the IIA, up to an amount equal to 100% of the research and development grants (dollar-linked) received from the IIA.
CY2023 us-gaap Royalty Expense
RoyaltyExpense
3603000 usd
CY2022Q1 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
500000000 ils
CY2022Q1 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
160000000 usd
CY2022Q3 us-gaap Loss Contingency Damages Paid Value
LossContingencyDamagesPaidValue
700000000 ils
CY2022Q3 us-gaap Loss Contingency Damages Paid Value
LossContingencyDamagesPaidValue
210000000 usd
CY2022Q3 us-gaap Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
190000000 ils
CY2022Q3 us-gaap Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
54000000 usd
CY2022Q1 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
1232709000 ils
CY2022Q1 us-gaap Loss Contingency Damages Sought Value
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CY2021Q4 us-gaap Noncurrent Assets
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CY2023Q4 us-gaap Operating Lease Right Of Use Asset
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CY2023Q4 us-gaap Operating Lease Liability Current
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235000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
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759000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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276000 usd
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CY2023 dei Entity Registrant Name
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BOS BETTER ONLINE SOLUTIONS LTD
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CY2023 bosc Expenses Regarding Warrants Granted Underlying Loan Agreement With Ya
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CY2023 dei Amendment Flag
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CY2023 dei Document Fiscal Period Focus
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FY
CY2023 dei Entity Central Index Key
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