2023 Q4 Form 20-F Financial Statement

#000149315224011506 Filed on March 27, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023 2022 Q4
Revenue $138.0K $497.0K $99.00K
YoY Change 39.39% -9.64% 23.75%
Cost Of Revenue $39.00K $143.0K $44.00K
YoY Change -11.36% -43.25% 37.5%
Gross Profit $99.00K $354.0K $55.00K
YoY Change 80.0% 18.79% 14.58%
Gross Profit Margin 71.74% 71.23% 55.56%
Selling, General & Admin $965.0K $5.058M $1.558M
YoY Change -38.06% -18.67% 2.7%
% of Gross Profit 974.75% 1428.81% 2832.73%
Research & Development $2.432M $11.59M $3.035M
YoY Change -19.87% 0.46% 14.66%
% of Gross Profit 2456.57% 3273.16% 5518.18%
Depreciation & Amortization $74.00K $263.0K $57.00K
YoY Change 29.82% 20.64% 42.5%
% of Gross Profit 74.75% 74.29% 103.64%
Operating Expenses $3.397M $16.65M $4.593M
YoY Change -26.04% -6.24% 10.3%
Operating Profit -$3.298M -$16.29M -$4.538M
YoY Change -27.32% -6.67% 10.25%
Interest Expense -$255.0K -$2.320M $718.0K
YoY Change -135.52% 5.07% 84.1%
% of Operating Profit
Other Income/Expense, Net $201.0K
YoY Change -104.76%
Pretax Income -$3.553M -$18.41M -$3.820M
YoY Change -6.99% -15.07% 2.52%
Income Tax
% Of Pretax Income
Net Earnings -$3.553M -$18.41M -$3.820M
YoY Change -6.99% -15.07% 2.52%
Net Earnings / Revenue -2574.64% -3704.23% -3858.59%
Basic Earnings Per Share -$0.06
Diluted Earnings Per Share -$0.01 -$0.06 -$0.01
COMMON SHARES
Basic Shares Outstanding 459.8M shares 331.4M shares 323.0M shares
Diluted Shares Outstanding 331.4M shares

Balance Sheet

Concept 2023 Q4 2023 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $16.11M $16.11M $26.39M
YoY Change -38.96% -38.96% -42.27%
Cash & Equivalents $15.64M $15.64M $19.17M
Short-Term Investments $474.0K $474.0K $7.218M
Other Short-Term Assets $99.00K $246.0K $102.0K
YoY Change -2.94% -48.96%
Inventory
Prepaid Expenses $147.0K $380.0K
Receivables $308.0K $308.0K
Other Receivables $531.0K $384.0K $842.0K
Total Short-Term Assets $17.05M $17.05M $27.34M
YoY Change -37.64% -37.64% -41.05%
LONG-TERM ASSETS
Property, Plant & Equipment $2.263M $2.263M $598.0K
YoY Change 278.43% -17.83% -80.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $0.00 $2.804M
YoY Change -100.0% -100.0% -30.09%
Other Assets
YoY Change
Total Long-Term Assets $2.263M $2.263M $5.558M
YoY Change -59.28% -59.28% -21.81%
TOTAL ASSETS
Total Short-Term Assets $17.05M $17.05M $27.34M
Total Long-Term Assets $2.263M $2.263M $5.558M
Total Assets $19.31M $19.31M $32.89M
YoY Change -41.29% -41.29% -38.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.684M $136.0K $2.107M
YoY Change -20.08% -56.83% 732.81%
Accrued Expenses $468.0K $2.016M $299.0K
YoY Change 56.52% 12.5% 24.07%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $527.0K
YoY Change -10.22%
Total Short-Term Liabilities $2.152M $2.152M $2.634M
YoY Change -18.3% -18.3% -2.62%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $1.476M
YoY Change -100.0% -100.0% -31.12%
Other Long-Term Liabilities $1.163M $1.163M $1.476M
YoY Change -21.21% -21.21%
Total Long-Term Liabilities $1.163M $1.163M $1.476M
YoY Change -21.21% -21.21% -31.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.152M $2.152M $2.634M
Total Long-Term Liabilities $1.163M $1.163M $1.476M
Total Liabilities $3.918M $3.918M $4.110M
YoY Change -4.67% -14.14% -19.03%
SHAREHOLDERS EQUITY
Retained Earnings -$119.9M -$101.5M
YoY Change 18.14% 27.16%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $15.39M $15.39M $28.33M
YoY Change
Total Liabilities & Shareholders Equity $19.31M $19.31M $32.89M
YoY Change -41.29% -41.29% -38.5%

Cashflow Statement

Concept 2023 Q4 2023 2022 Q4
OPERATING ACTIVITIES
Net Income -$3.553M -$18.41M -$3.820M
YoY Change -6.99% -15.07% 2.52%
Depreciation, Depletion And Amortization $74.00K $263.0K $57.00K
YoY Change 29.82% 20.64% 42.5%
Cash From Operating Activities -$3.593M -$14.93M -$3.954M
YoY Change -9.13% -12.49% 25.52%
INVESTING ACTIVITIES
Capital Expenditures $9.000K $124.0K $31.00K
YoY Change -70.97% -60.38% -126.5%
Acquisitions
YoY Change
Other Investing Activities $0.00 $7.216M $10.53M
YoY Change -100.0% -22.38% -1434.22%
Cash From Investing Activities -$9.000K $7.092M $10.50M
YoY Change -100.09% -21.05% -1258.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $4.044M $4.181M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.044M 4.181M 0.000
YoY Change
NET CHANGE
Cash From Operating Activities -3.593M -14.93M -3.954M
Cash From Investing Activities -9.000K 7.092M 10.50M
Cash From Financing Activities 4.044M 4.181M 0.000
Net Change In Cash 442.0K -3.653M 6.542M
YoY Change -93.24% -59.01% -261.29%
FREE CASH FLOW
Cash From Operating Activities -$3.593M -$14.93M -$3.954M
Capital Expenditures $9.000K $124.0K $31.00K
Free Cash Flow -$3.602M -$15.05M -$3.985M
YoY Change -9.61% -13.36% 31.39%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0001691221
CY2023Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
usd
CY2023Q4 us-gaap Equity Securities Fvni Noncurrent
EquitySecuritiesFVNINoncurrent
usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
usd
CY2023 FRSX Investment In Simple Agreement For Future Equity
InvestmentInSimpleAgreementForFutureEquity
usd
CY2021 FRSX Investment In Simple Agreement For Future Equity
InvestmentInSimpleAgreementForFutureEquity
usd
CY2023 us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
usd
CY2021 us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
CY2023 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
usd
CY2022 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
usd
CY2022 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
usd
CY2021 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
usd
CY2022 FRSX Accrued Issuance Costs Recorded In Shareholders Equity
AccruedIssuanceCostsRecordedInShareholdersEquity
usd
CY2021 FRSX Accrued Issuance Costs Recorded In Shareholders Equity
AccruedIssuanceCostsRecordedInShareholdersEquity
usd
CY2023 FRSX Conversion Of Simple Agreement For Future Equity To Investment In Equity Securities
ConversionOfSimpleAgreementForFutureEquityToInvestmentInEquitySecurities
usd
CY2021 FRSX Conversion Of Simple Agreement For Future Equity To Investment In Equity Securities
ConversionOfSimpleAgreementForFutureEquityToInvestmentInEquitySecurities
usd
CY2022 FRSX New Operating Lease Assets Obtained In Exchange For Operating Lease Liabilities
NewOperatingLeaseAssetsObtainedInExchangeForOperatingLeaseLiabilities
usd
CY2023 FRSX Sales Of Prototypes
SalesOfPrototypes
usd
CY2022 FRSX Sales Of Prototypes
SalesOfPrototypes
usd
CY2021 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2023 dei Document Type
DocumentType
20-F
CY2023 dei Document Registration Statement
DocumentRegistrationStatement
false
CY2023 dei Document Annual Report
DocumentAnnualReport
true
CY2023 dei Document Period End Date
DocumentPeriodEndDate
2023-12-31
CY2023 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023 dei Document Transition Report
DocumentTransitionReport
false
CY2023 dei Document Shell Company Report
DocumentShellCompanyReport
false
CY2023 dei Entity File Number
EntityFileNumber
001-38094
CY2023 dei Entity Registrant Name
EntityRegistrantName
FORESIGHT AUTONOMOUS HOLDINGS LTD.
CY2023 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
L3
CY2023 dei Entity Address Address Line1
EntityAddressAddressLine1
7 Golda Meir
CY2023 dei Entity Address City Or Town
EntityAddressCityOrTown
Ness Ziona
CY2023 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
7403650
CY2023 dei Entity Address Country
EntityAddressCountry
IL
CY2023 dei Security12b Title
Security12bTitle
American Depositary Shares each representing 30 Ordinary Shares, no par value
CY2023 dei Trading Symbol
TradingSymbol
FRSX
CY2023 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2023Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
459778056 shares
CY2023 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2023 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2023 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2023 dei Entity Ex Transition Period
EntityExTransitionPeriod
false
CY2023 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2023 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
false
CY2023 dei Document Accounting Standard
DocumentAccountingStandard
U.S. GAAP
CY2023 dei Entity Shell Company
EntityShellCompany
false
CY2023 dei Auditor Firm
AuditorFirmId
1197
CY2023 dei Auditor Name
AuditorName
Brightman Almagor Zohar & Co
CY2023 dei Auditor Location
AuditorLocation
Tel Aviv, Israel
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15635000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19173000 usd
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
99000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
102000 usd
CY2022Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
7216000 usd
CY2023Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
474000 usd
CY2022Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
2000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
308000 usd
CY2023Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
531000 usd
CY2022Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
842000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
17047000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
27335000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1802000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2156000 usd
CY2022Q4 us-gaap Equity Securities Fvni Noncurrent
EquitySecuritiesFVNINoncurrent
2804000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
461000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
598000 usd
CY2023Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
2263000 usd
CY2022Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
5558000 usd
CY2023Q4 us-gaap Assets
Assets
19310000 usd
CY2022Q4 us-gaap Assets
Assets
32893000 usd
CY2023Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
136000 usd
CY2022Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
315000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
468000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
527000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1548000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1792000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2152000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2634000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1163000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1476000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
3315000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
4110000 usd
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
459778056 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
459778056 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
322979556 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
322979556 shares
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
135282000 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
129810000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-119890000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-101480000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
15392000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
28330000 usd
CY2023Q4 us-gaap Minority Interest
MinorityInterest
603000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
453000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
15995000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
28783000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
19310000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
32893000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
497000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
550000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
120000 usd
CY2023 us-gaap Cost Of Revenue
CostOfRevenue
143000 usd
CY2022 us-gaap Cost Of Revenue
CostOfRevenue
252000 usd
CY2021 us-gaap Cost Of Revenue
CostOfRevenue
67000 usd
CY2023 us-gaap Gross Profit
GrossProfit
354000 usd
CY2022 us-gaap Gross Profit
GrossProfit
298000 usd
CY2021 us-gaap Gross Profit
GrossProfit
53000 usd
CY2023 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
11587000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
11534000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
10170000 usd
CY2023 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1939000 usd
CY2022 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2230000 usd
CY2021 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1848000 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3119000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3989000 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3980000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
-16291000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-17455000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-15945000 usd
CY2023 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2119000 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-4221000 usd
CY2021 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
909000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-18410000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-21676000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-15036000 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
331350000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
331350000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
322817000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
322817000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
321356000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
321356000 shares
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
47045000 usd
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
13508000 usd
CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
57000 usd
CY2021 FRSX Stock Issued During Period Value Exercise Of Warrants
StockIssuedDuringPeriodValueExerciseOfWarrants
595000 usd
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2464000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-15036000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
48633000 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
4000 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1822000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-21676000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
28783000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
28783000 usd
CY2023 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
4181000 usd
CY2023 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1441000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-18410000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
15995000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
15995000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
485000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
465000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-18410000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-21676000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-15036000 usd
CY2023 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
3484000 usd
CY2022 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
4619000 usd
CY2021 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
2911000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-14926000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-17057000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-12125000 usd
CY2023 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
-7216000 usd
CY2022 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
-10297000 usd
CY2021 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
12347000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
124000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
313000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
235000 usd
CY2022 FRSX Investment In Simple Agreement For Future Equity
InvestmentInSimpleAgreementForFutureEquity
286000 usd
CY2022 us-gaap Payments To Acquire Equity Securities Fv Ni
PaymentsToAcquireEquitySecuritiesFvNi
715000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
7092000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
8983000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12582000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
4181000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
13508000 usd
CY2021 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
595000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
57000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4181000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
14160000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
112000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-839000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-37000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3541000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-8913000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-10584000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19275000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
28188000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
38772000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15734000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19275000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
28188000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
1441000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
1826000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
2464000 usd
CY2023 us-gaap Depreciation
Depreciation
263000 usd
CY2022 us-gaap Depreciation
Depreciation
218000 usd
CY2021 us-gaap Depreciation
Depreciation
159000 usd
CY2023 FRSX Revaluation Of Marketable Securities
RevaluationOfMarketableSecurities
2330000 usd
CY2022 FRSX Revaluation Of Marketable Securities
RevaluationOfMarketableSecurities
2217000 usd
CY2021 FRSX Revaluation Of Marketable Securities
RevaluationOfMarketableSecurities
30000 usd
CY2023 FRSX Exchange Rate Changes On Cash And Cash Equivalents
ExchangeRateChangesOnCashAndCashEquivalents
-112000 usd
CY2022 FRSX Exchange Rate Changes On Cash And Cash Equivalents
ExchangeRateChangesOnCashAndCashEquivalents
839000 usd
CY2021 FRSX Exchange Rate Changes On Cash And Cash Equivalents
ExchangeRateChangesOnCashAndCashEquivalents
37000 usd
CY2023 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-311000 usd
CY2022 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
182000 usd
CY2021 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
259000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-179000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
62000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-138000 usd
CY2023 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
308000 usd
CY2023 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-18000 usd
CY2022 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-289000 usd
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-33000 usd
CY2023 us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
-244000 usd
CY2022 us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
-72000 usd
CY2021 us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
651000 usd
CY2023 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
3484000 usd
CY2022 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
4619000 usd
CY2021 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
2911000 usd
CY2023 FRSX Accrued Issuance Costs Recorded In Shareholders Equity
AccruedIssuanceCostsRecordedInShareholdersEquity
92000 usd
CY2022 FRSX Conversion Of Simple Agreement For Future Equity To Investment In Equity Securities
ConversionOfSimpleAgreementForFutureEquityToInvestmentInEquitySecurities
286000 usd
CY2023 FRSX American Depository Shares Description
AmericanDepositorySharesDescription
The ADSs are listed on The Nasdaq Capital Market, and the ratio of the Company’s Ordinary Shares to ADSs is 30:1
CY2016Q1 FRSX Ordinary Shares Issued Percentage
OrdinarySharesIssuedPercentage
0.6450 pure
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-18410000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-21676000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_841_eus-gaap--UseOfEstimates_zWYYFc6NJHQ6" style="font: bold 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">B.</span> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_86A_zxewZ0PzJCqg">Use of estimates in the preparation of financial statements:</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; 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 1in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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 Company’s management believes that the estimates, judgment, and assumptions used are reasonable based upon information available at the time they are made. These estimates, judgments and assumptions can affect reported amounts and disclosures made. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 1in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p>
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-15036000 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
CY2023 FRSX Earnings Per Share Basic American Depository Shares
EarningsPerShareBasicAmericanDepositoryShares
-1.8
CY2023 FRSX Earnings Per Share Diluted American Depository Shares
EarningsPerShareDilutedAmericanDepositoryShares
-1.8
CY2022 FRSX Earnings Per Share Basic American Depository Shares
EarningsPerShareBasicAmericanDepositoryShares
-2.1
CY2022 FRSX Earnings Per Share Diluted American Depository Shares
EarningsPerShareDilutedAmericanDepositoryShares
-2.1
CY2021 FRSX Earnings Per Share Basic American Depository Shares
EarningsPerShareBasicAmericanDepositoryShares
-1.5
CY2021 FRSX Earnings Per Share Diluted American Depository Shares
EarningsPerShareDilutedAmericanDepositoryShares
-1.5
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
331350000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
331350000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
322817000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
322817000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
321356000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
321356000 shares
CY2023 FRSX Weighted Average Number Of Share Outstanding Basic In American Depository Shares
WeightedAverageNumberOfShareOutstandingBasicInAmericanDepositoryShares
11045000 shares
CY2023 FRSX Weighted Average Number Of Share Outstanding Diluted In American Depository Shares
WeightedAverageNumberOfShareOutstandingDilutedInAmericanDepositoryShares
11045000 shares
CY2022 FRSX Weighted Average Number Of Share Outstanding Basic In American Depository Shares
WeightedAverageNumberOfShareOutstandingBasicInAmericanDepositoryShares
10761000 shares
CY2022 FRSX Weighted Average Number Of Share Outstanding Diluted In American Depository Shares
WeightedAverageNumberOfShareOutstandingDilutedInAmericanDepositoryShares
10761000 shares
CY2021 FRSX Weighted Average Number Of Share Outstanding Basic In American Depository Shares
WeightedAverageNumberOfShareOutstandingBasicInAmericanDepositoryShares
10712000 shares
CY2021 FRSX Weighted Average Number Of Share Outstanding Diluted In American Depository Shares
WeightedAverageNumberOfShareOutstandingDilutedInAmericanDepositoryShares
10712000 shares
CY2021Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
4011000 usd
CY2022 FRSX Revaluation To Fair Value Through Profit Or Loss
RevaluationToFairValueThroughProfitOrLoss
-2208000 usd
CY2022 us-gaap Increase Decrease In Equity Securities Fv Ni
IncreaseDecreaseInEquitySecuritiesFvNi
715000 usd
CY2022 FRSX Conversion Of Simple Agreement For Future Equity To Investment In Equity Securities
ConversionOfSimpleAgreementForFutureEquityToInvestmentInEquitySecurities
286000 usd
CY2022Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
2804000 usd
CY2023 FRSX Revaluation To Fair Value Through Profit Or Loss
RevaluationToFairValueThroughProfitOrLoss
-2333000 usd
CY2023Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
471000 usd
CY2023Q4 us-gaap Grants Receivable Current
GrantsReceivableCurrent
224000 usd
CY2022Q4 us-gaap Grants Receivable Current
GrantsReceivableCurrent
225000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
147000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
380000 usd
CY2023Q4 FRSX Grants Receivable Other
GrantsReceivableOther
134000 usd
CY2022Q4 FRSX Grants Receivable Other
GrantsReceivableOther
117000 usd
CY2023Q4 FRSX Other Receivable
OtherReceivable
26000 usd
CY2022Q4 FRSX Other Receivable
OtherReceivable
120000 usd
CY2023Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
531000 usd
CY2022Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
842000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1778000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1674000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1317000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1076000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
461000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
598000 usd
CY2023 us-gaap Depreciation
Depreciation
263000 usd
CY2022 us-gaap Depreciation
Depreciation
218000 usd
CY2023 us-gaap General Discussion Of Pension And Other Postretirement Benefits
GeneralDiscussionOfPensionAndOtherPostretirementBenefits
Pursuant to section 14 of the Israeli Severance Pay Law, 5723-1963, the Company’s employees covered under this section are entitled to monthly deposits, at a rate of 8.33% of their monthly salary, made in their name with pension companies.
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1098 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1065 usd
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
876 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1385000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1493000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
163000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
299000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1548000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1792000 usd
CY2023Q4 us-gaap Decommissioning Fund Investments
DecommissioningFundInvestments
5000000 usd
CY2023 FRSX Royalty Description
RoyaltyDescription
Magna obtained grants from the Israeli Innovation Authority (the “IIA”) for participation in research and development programs for the years 2011 through 2013, and, in return, further to an acquisition transaction between the Company and Magna, the Company is obligated to pay royalties amounting to 3% to 5% of its future sales up to the amount of the grant.
CY2023Q4 us-gaap Grants Receivable
GrantsReceivable
620000 usd
CY2022Q4 us-gaap Grants Receivable
GrantsReceivable
603000 usd
CY2023 us-gaap Lessee Operating Lease Description
LesseeOperatingLeaseDescription
The Company and its subsidiaries, Foresight Ltd. and Eye Net, currently have 3-year leases for their offices with options to extend the leases for another 3 years. The lease for Foresight Ltd. and Eye Net ends on March 31, 2027, and December 15, 2027, respectively. The Company also currently leases several vehicles, each for a term of 3 years. The Company has no finance leases.
CY2023 us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
options to extend the leases for another 3 years.
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
537000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
550000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
460000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
562000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
588000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
480000 usd
CY2023 FRSX New Operating Lease Assets Obtained In Exchange For Operating Lease Liabilities
NewOperatingLeaseAssetsObtainedInExchangeForOperatingLeaseLiabilities
154000 usd
CY2021 FRSX New Operating Lease Assets Obtained In Exchange For Operating Lease Liabilities
NewOperatingLeaseAssetsObtainedInExchangeForOperatingLeaseLiabilities
1824000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y2M12D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.052 pure
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
536000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
520000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
482000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
211000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1749000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
118000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1631000 usd
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
939000 usd
CY2023 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
1441000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
1826000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
2464000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
150000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
225000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
154000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1291000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1601000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2310000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
497000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
550000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
120000 usd
CY2023 FRSX Payroll Research And Development Related Expenses
PayrollResearchAndDevelopmentRelatedExpenses
8997000 usd
CY2022 FRSX Payroll Research And Development Related Expenses
PayrollResearchAndDevelopmentRelatedExpenses
8778000 usd
CY2021 FRSX Payroll Research And Development Related Expenses
PayrollResearchAndDevelopmentRelatedExpenses
7556000 usd
CY2023 FRSX Subcontracted Work And Consulting Fee Expenses Related To Research And Development
SubcontractedWorkAndConsultingFeeExpensesRelatedToResearchAndDevelopment
1229000 usd
CY2022 FRSX Subcontracted Work And Consulting Fee Expenses Related To Research And Development
SubcontractedWorkAndConsultingFeeExpensesRelatedToResearchAndDevelopment
1523000 usd
CY2021 FRSX Subcontracted Work And Consulting Fee Expenses Related To Research And Development
SubcontractedWorkAndConsultingFeeExpensesRelatedToResearchAndDevelopment
1751000 usd
CY2023 FRSX Share Based Payments To Service Provider Related To Research And Development
ShareBasedPaymentsToServiceProviderRelatedToResearchAndDevelopment
19000 usd
CY2022 FRSX Share Based Payments To Service Provider Related To Research And Development
ShareBasedPaymentsToServiceProviderRelatedToResearchAndDevelopment
57000 usd
CY2021 FRSX Share Based Payments To Service Provider Related To Research And Development
ShareBasedPaymentsToServiceProviderRelatedToResearchAndDevelopment
118000 usd
CY2023 FRSX Rent And Office Maintenance For Research And Development
RentAndOfficeMaintenanceForResearchAndDevelopment
936000 usd
CY2022 FRSX Rent And Office Maintenance For Research And Development
RentAndOfficeMaintenanceForResearchAndDevelopment
1068000 usd
CY2021 FRSX Rent And Office Maintenance For Research And Development
RentAndOfficeMaintenanceForResearchAndDevelopment
810000 usd
CY2023 FRSX Travel Expenses Related To Research And Development
TravelExpensesRelatedToResearchAndDevelopment
90000 usd
CY2022 FRSX Travel Expenses Related To Research And Development
TravelExpensesRelatedToResearchAndDevelopment
141000 usd
CY2021 FRSX Travel Expenses Related To Research And Development
TravelExpensesRelatedToResearchAndDevelopment
44000 usd
CY2023 FRSX Other Research And Development
OtherResearchAndDevelopment
416000 usd
CY2022 FRSX Other Research And Development
OtherResearchAndDevelopment
362000 usd
CY2021 FRSX Other Research And Development
OtherResearchAndDevelopment
309000 usd
CY2023 FRSX Less Participation In Grants Researchand Development Total
LessParticipationInGrantsResearchandDevelopmentTotal
-100000 usd
CY2022 FRSX Less Participation In Grants Researchand Development Total
LessParticipationInGrantsResearchandDevelopmentTotal
-395000 usd
CY2021 FRSX Less Participation In Grants Researchand Development Total
LessParticipationInGrantsResearchandDevelopmentTotal
-351000 usd
CY2021 FRSX Sales Of Prototypes
SalesOfPrototypes
-67000 usd
CY2023 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
11587000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
11534000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
10170000 usd
CY2023 FRSX Payroll Marketing And Sales Related Expenses
PayrollMarketingAndSalesRelatedExpenses
1076000 usd
CY2022 FRSX Payroll Marketing And Sales Related Expenses
PayrollMarketingAndSalesRelatedExpenses
1318000 usd
CY2021 FRSX Payroll Marketing And Sales Related Expenses
PayrollMarketingAndSalesRelatedExpenses
1273000 usd
CY2023 FRSX Marketing And Sales Exhibitions Conventions And Travel Expenses
MarketingAndSalesExhibitionsConventionsAndTravelExpenses
379000 usd
CY2022 FRSX Marketing And Sales Exhibitions Conventions And Travel Expenses
MarketingAndSalesExhibitionsConventionsAndTravelExpenses
302000 usd
CY2021 FRSX Marketing And Sales Exhibitions Conventions And Travel Expenses
MarketingAndSalesExhibitionsConventionsAndTravelExpenses
42000 usd
CY2023 FRSX Marketing And Sales Consultants Fees
MarketingAndSalesConsultantsFees
416000 usd
CY2022 FRSX Marketing And Sales Consultants Fees
MarketingAndSalesConsultantsFees
558000 usd
CY2021 FRSX Marketing And Sales Consultants Fees
MarketingAndSalesConsultantsFees
394000 usd
CY2023 us-gaap Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
68000 usd
CY2022 us-gaap Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
52000 usd
CY2021 us-gaap Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
139000 usd
CY2023 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1939000 usd
CY2022 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2230000 usd
CY2021 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1848000 usd
CY2023 FRSX Payroll General And Administrative Related Expenses
PayrollGeneralAndAdministrativeRelatedExpenses
1458000 usd
CY2022 FRSX Payroll General And Administrative Related Expenses
PayrollGeneralAndAdministrativeRelatedExpenses
1756000 usd
CY2021 FRSX Payroll General And Administrative Related Expenses
PayrollGeneralAndAdministrativeRelatedExpenses
1748000 usd
CY2023 FRSX Share Based Payments To Service Providers For General And Administrative Expenses
ShareBasedPaymentsToServiceProvidersForGeneralAndAdministrativeExpenses
134000 usd
CY2022 FRSX Share Based Payments To Service Providers For General And Administrative Expenses
ShareBasedPaymentsToServiceProvidersForGeneralAndAdministrativeExpenses
215000 usd
CY2021 FRSX Share Based Payments To Service Providers For General And Administrative Expenses
ShareBasedPaymentsToServiceProvidersForGeneralAndAdministrativeExpenses
268000 usd
CY2023 us-gaap Professional Fees
ProfessionalFees
898000 usd
CY2022 us-gaap Professional Fees
ProfessionalFees
1340000 usd
CY2021 us-gaap Professional Fees
ProfessionalFees
1207000 usd
CY2023 FRSX Directors Fees And Insurance
DirectorsFeesAndInsurance
326000 usd
CY2022 FRSX Directors Fees And Insurance
DirectorsFeesAndInsurance
405000 usd
CY2021 FRSX Directors Fees And Insurance
DirectorsFeesAndInsurance
494000 usd
CY2023 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
15000 usd
CY2022 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
8000 usd
CY2023 FRSX Rent And Office Maintenance
RentAndOfficeMaintenance
196000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
16893000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
15840000 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
11887000 usd
CY2022 FRSX Rent And Office Maintenance
RentAndOfficeMaintenance
175000 usd
CY2021 FRSX Rent And Office Maintenance
RentAndOfficeMaintenance
212000 usd
CY2023 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
92000 usd
CY2022 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
90000 usd
CY2021 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
51000 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3119000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3989000 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3980000 usd
CY2023 us-gaap Gain Loss On Securitization Of Financial Assets
GainLossOnSecuritizationOfFinancialAssets
-2320000 usd
CY2022 us-gaap Gain Loss On Securitization Of Financial Assets
GainLossOnSecuritizationOfFinancialAssets
-2208000 usd
CY2021 us-gaap Gain Loss On Securitization Of Financial Assets
GainLossOnSecuritizationOfFinancialAssets
-10000 usd
CY2023 FRSX Bank Interest Income
BankInterestIncome
667000 usd
CY2022 FRSX Bank Interest Income
BankInterestIncome
189000 usd
CY2021 FRSX Bank Interest Income
BankInterestIncome
887000 usd
CY2023 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-456000 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2194000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
14000 usd
CY2023 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-10000 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-8000 usd
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
18000 usd
CY2023 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2119000 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-4221000 usd
CY2021 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
909000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.23 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.23 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.23 pure
CY2023Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
73448000 usd
CY2023Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
73448000 usd
CY2022Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
68870000 usd
CY2021Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
51683000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
16893000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
15840000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
11887000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
18410000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
21676000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
15036000 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
4234000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
4985000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
3458000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-4234000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-4985000 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-3458000 usd
CY2023 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
452000 usd
CY2022 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
804000 usd
CY2021 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
941000 usd
CY2023Q4 us-gaap Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
42000 usd
CY2022Q4 us-gaap Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
63000 usd

Files In Submission

Name View Source Status
0001493152-24-011506-index-headers.html Edgar Link pending
0001493152-24-011506-index.html Edgar Link pending
0001493152-24-011506.txt Edgar Link pending
0001493152-24-011506-xbrl.zip Edgar Link pending
ex12-1.htm Edgar Link pending
ex12-2.htm Edgar Link pending
ex13-1.htm Edgar Link pending
ex13-2.htm Edgar Link pending
ex15-1.htm Edgar Link pending
ex4-3.htm Edgar Link pending
ex97-1.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
fin_001.jpg Edgar Link pending
form20-f.htm Edgar Link pending
form20-f_001.jpg Edgar Link pending
form20-f_002.jpg Edgar Link pending
form20-f_003.jpg Edgar Link pending
form20-f_004.jpg Edgar Link pending
form20-f_005.jpg Edgar Link pending
form20-f_006.jpg Edgar Link pending
form20-f_007.jpg Edgar Link pending
form20-f_008.jpg Edgar Link pending
form20-f_009.jpg Edgar Link pending
form20-f_010.jpg Edgar Link pending
frsx-20231231.xsd Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
form20-f_htm.xml Edgar Link completed
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
frsx-20231231_def.xml Edgar Link unprocessable
frsx-20231231_lab.xml Edgar Link unprocessable
frsx-20231231_pre.xml Edgar Link unprocessable
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
frsx-20231231_cal.xml Edgar Link unprocessable