2023 Q4 Form 20-F Financial Statement

#000121390024034697 Filed on April 22, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023 2022 Q4
Revenue $2.397M $9.905M $2.132M
YoY Change 12.43% 15.47% 63.5%
Cost Of Revenue $4.113M $16.50M $3.879M
YoY Change 6.03% 6.72% 37.75%
Gross Profit -$1.716M -$6.592M -$1.747M
YoY Change -1.77% -4.19% 15.54%
Gross Profit Margin -71.59% -66.55% -81.94%
Selling, General & Admin $6.524M $28.44M $6.119M
YoY Change 6.62% -37.67% -32.37%
% of Gross Profit
Research & Development $6.812M $26.05M $7.095M
YoY Change -3.99% -1.73% 11.52%
% of Gross Profit
Depreciation & Amortization $3.098M $1.198M $2.928M
YoY Change 5.81% 32.38% 53.94%
% of Gross Profit
Operating Expenses $10.67M $56.00M $11.91M
YoY Change -10.4% -49.47% -28.22%
Operating Profit -$12.39M -$62.59M -$13.66M
YoY Change -9.3% -46.83% -24.57%
Interest Expense $360.0K $1.652M -$113.0K
YoY Change -418.58% 109.38% -60.76%
% of Operating Profit
Other Income/Expense, Net $1.652M
YoY Change 131954.36%
Pretax Income -$10.33M -$61.12M -$53.87M
YoY Change -80.83% -47.73% 143.94%
Income Tax -$79.00K -$339.0K -$1.032M
% Of Pretax Income
Net Earnings -$10.25M -$60.78M -$52.84M
YoY Change -80.6% -46.33% 139.79%
Net Earnings / Revenue -427.53% -613.59% -2478.28%
Basic Earnings Per Share -$1.08
Diluted Earnings Per Share -$0.18 -$1.08 -$1.01
COMMON SHARES
Basic Shares Outstanding 57.78M shares 56.37K shares 55.09M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q4 2023 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $82.38M $82.38M $77.62M
YoY Change 6.13% 6.13% -12.5%
Cash & Equivalents $56.38M $56.38M $38.46M
Short-Term Investments $26.01M $26.01M $39.16M
Other Short-Term Assets $1.092M $2.412M $1.446M
YoY Change -24.48% -37.51% -71.62%
Inventory $2.356M $2.356M
Prepaid Expenses $1.274M $2.414M
Receivables $1.484M $1.484M $977.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $88.64M $88.64M $82.46M
YoY Change 7.49% 7.49% -13.07%
LONG-TERM ASSETS
Property, Plant & Equipment $42.34M $46.92M $43.55M
YoY Change -2.76% 4.95% 11.2%
Goodwill $7.420M
YoY Change -87.27%
Intangibles $80.61M $91.22M
YoY Change -11.63% -10.42%
Long-Term Investments $0.00 $0.00 $25.20M
YoY Change -100.0% -100.0% -62.86%
Other Assets $2.163M $2.490M $2.867M
YoY Change -24.56% -15.1% 142.15%
Total Long-Term Assets $130.0M $130.0M $171.5M
YoY Change -24.18% -24.18% -36.09%
TOTAL ASSETS
Total Short-Term Assets $88.64M $88.64M $82.46M
Total Long-Term Assets $130.0M $130.0M $171.5M
Total Assets $218.6M $218.6M $253.9M
YoY Change -13.9% -13.9% -30.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.303M $3.303M $3.619M
YoY Change -8.73% -8.73% 15.48%
Accrued Expenses $3.920M $4.781M $12.24M
YoY Change -67.97% -63.17% 172.48%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $3.490M $3.490M
YoY Change
Total Short-Term Liabilities $15.52M $15.52M $25.07M
YoY Change -38.09% -38.09% -52.47%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $3.481M
YoY Change -100.0% -8.3%
Other Long-Term Liabilities $612.0K $4.657M $483.0K
YoY Change 26.71% -13.25% -93.48%
Total Long-Term Liabilities $7.610M $4.657M $12.18M
YoY Change -37.52% -47.37% 8.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.52M $15.52M $25.07M
Total Long-Term Liabilities $7.610M $4.657M $12.18M
Total Liabilities $23.13M $23.13M $37.25M
YoY Change -37.9% -37.9% -47.55%
SHAREHOLDERS EQUITY
Retained Earnings -$320.2M -$259.5M
YoY Change 23.42% 77.45%
Common Stock $165.0K $158.0K
YoY Change 4.43% 6.04%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $195.5M $195.5M $216.7M
YoY Change
Total Liabilities & Shareholders Equity $218.6M $218.6M $253.9M
YoY Change -13.9% -13.9% -30.08%

Cashflow Statement

Concept 2023 Q4 2023 2022 Q4
OPERATING ACTIVITIES
Net Income -$10.25M -$60.78M -$52.84M
YoY Change -80.6% -46.33% 139.79%
Depreciation, Depletion And Amortization $3.098M $1.198M $2.928M
YoY Change 5.81% 32.38% 53.94%
Cash From Operating Activities -$12.51M -$44.78M -$12.88M
YoY Change -2.83% 3.21% -33.34%
INVESTING ACTIVITIES
Capital Expenditures $528.0K $3.303M -$216.0K
YoY Change -344.44% -53.94% -96.35%
Acquisitions
YoY Change
Other Investing Activities $2.802M $38.74M $10.89M
YoY Change -74.27% 77.88% -18.74%
Cash From Investing Activities $2.274M $35.43M $11.11M
YoY Change -79.52% 142.59% 48.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 33.00K $27.25M 174.0K
YoY Change -81.03% 3289.55% -83.33%
NET CHANGE
Cash From Operating Activities -12.51M -$44.78M -12.88M
Cash From Investing Activities 2.274M $35.43M 11.11M
Cash From Financing Activities 33.00K $27.25M 174.0K
Net Change In Cash -10.21M $17.85M -1.599M
YoY Change 538.34% -163.19% -85.17%
FREE CASH FLOW
Cash From Operating Activities -$12.51M -$44.78M -$12.88M
Capital Expenditures $528.0K $3.303M -$216.0K
Free Cash Flow -$13.04M -$48.08M -$12.66M
YoY Change 3.0% -4.9% -5.55%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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
001-39461
CY2023 dei Entity Registrant Name
EntityRegistrantName
NANO-X IMAGING LTD
CY2023 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
L3
CY2023 dei Entity Address Address Line1
EntityAddressAddressLine1
Ofer Tech Park
CY2023 dei Entity Address Address Line2
EntityAddressAddressLine2
94 Shlomo Shmeltzer Road
CY2023 dei Entity Address City Or Town
EntityAddressCityOrTown
Petach Tikva
CY2023 dei Entity Address Country
EntityAddressCountry
IL
CY2023 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
4970602
CY2023 dei Security12b Title
Security12bTitle
Ordinary Shares, par value NIS 0.01 per share
CY2023 dei Trading Symbol
TradingSymbol
NNOX
CY2023 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2023Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
57778628 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
Large Accelerated Filer
CY2023 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
true
CY2023 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
false
CY2023 dei Entity Shell Company
EntityShellCompany
false
CY2023 dei Auditor Firm
AuditorFirmId
1309
CY2023 dei Auditor Name
AuditorName
Kesselman & Kesselman
CY2023 dei Auditor Location
AuditorLocation
Tel-Aviv, Israel
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
56377000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
38463000 usd
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
46000 usd
CY2023Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
26006000 usd
CY2022Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
39161000 usd
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
55000 usd
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
34000 usd
CY2023Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
1484000 usd
CY2022Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
977000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
2356000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1274000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2414000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1092000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1446000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
88635000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
82461000 usd
CY2023Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
327000 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
66000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
42343000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
43545000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4573000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1157000 usd
CY2022Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
25198000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
80607000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
91219000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
7420000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2163000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2867000 usd
CY2023Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
130013000 usd
CY2022Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
171472000 usd
CY2023Q4 us-gaap Assets
Assets
218648000 usd
CY2022Q4 us-gaap Assets
Assets
253933000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
3490000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
3303000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
3619000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3920000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
12240000 usd
CY2023Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
543000 usd
CY2022Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
182000 usd
CY2022Q4 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
4250000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
861000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
740000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
3407000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
4043000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
15524000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
25074000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
4045000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
398000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3481000 usd
CY2022Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
398000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
4089000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
2953000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
3330000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
612000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
483000 usd
CY2023Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
7610000 usd
CY2022Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
12179000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
23134000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
37253000 usd
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
57778628 shares
CY2023Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
57778628 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
55094237 shares
CY2022Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
55094237 shares
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
165000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
158000 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
515887000 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
477953000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-305000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1974000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-320233000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-259457000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
195514000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
216680000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
218648000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
253933000 usd
CY2023 us-gaap Revenues
Revenues
9905000 usd
CY2022 us-gaap Revenues
Revenues
8578000 usd
CY2021 us-gaap Revenues
Revenues
1304000 usd
CY2023 us-gaap Cost Of Revenue
CostOfRevenue
16497000 usd
CY2022 us-gaap Cost Of Revenue
CostOfRevenue
15458000 usd
CY2021 us-gaap Cost Of Revenue
CostOfRevenue
2816000 usd
CY2023 us-gaap Gross Profit
GrossProfit
-6592000 usd
CY2022 us-gaap Gross Profit
GrossProfit
-6880000 usd
CY2021 us-gaap Gross Profit
GrossProfit
-1512000 usd
CY2023 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
26049000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
26507000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
17122000 usd
CY2023 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
4168000 usd
CY2022 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
4376000 usd
CY2021 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
7033000 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
24272000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
41254000 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
34709000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
7420000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
50878000 usd
CY2023 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-4488000 usd
CY2022 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-20376000 usd
CY2023 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
1424000 usd
CY2022 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-8191000 usd
CY2021 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-1182000 usd
CY2023 us-gaap Operating Expenses
OperatingExpenses
55997000 usd
CY2022 us-gaap Operating Expenses
OperatingExpenses
110830000 usd
CY2021 us-gaap Operating Expenses
OperatingExpenses
60046000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
-62589000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-117710000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-61558000 usd
CY2023 us-gaap Gain Loss On Investments
GainLossOnInvestments
-178000 usd
CY2023 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
1652000 usd
CY2022 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
789000 usd
CY2021 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-288000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-61115000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-116921000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-61846000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-339000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3678000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-48000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-60776000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-113243000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-61798000 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.08
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.17
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.28
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56368 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52235 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48216 shares
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-60776000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-113243000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-61798000 usd
CY2023 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-178000 usd
CY2023 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
1491000 usd
CY2022 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-1367000 usd
CY2021 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-607000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1669000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1367000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-607000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-59107000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-114610000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-62405000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
230746000 usd
CY2021 nnox Issuance Of Ordinary Shares Value Upon Exercise Of Warrants
IssuanceOfOrdinarySharesValueUponExerciseOfWarrants
267000 usd
CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3333000 usd
CY2021 nnox Issuance Of Ordinary Shares To Investors Sue To Business Combination And Purchase Of Assets
IssuanceOfOrdinarySharesToInvestorsSueToBusinessCombinationAndPurchaseOfAssets
101510000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
18697000 usd
CY2021 nnox Unrealized Loss From Availableforsale Securities
UnrealizedLossFromAvailableforsaleSecurities
-607000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-61798000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
292148000 usd
CY2022 nnox Issuance Of Ordinary Shares Value Upon Exercise Of Warrants
IssuanceOfOrdinarySharesValueUponExerciseOfWarrants
370000 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
579000 usd
CY2022 nnox Issuance Of Ordinary Shares In Connection With Earnout Liability
IssuanceOfOrdinarySharesInConnectionWithEarnoutLiability
953000 usd
CY2022 nnox Issuance Of Ordinary Under Settlement Agreement With Former Shareholders
IssuanceOfOrdinaryUnderSettlementAgreementWithFormerShareholders
18617000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
18623000 usd
CY2022 nnox Unrealized Loss From Availableforsale Securities
UnrealizedLossFromAvailableforsaleSecurities
-1367000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-113243000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
216680000 usd
CY2023 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
27139000 usd
CY2023 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
903000 usd
CY2023 nnox Issuance Of Ordinary Under Settlement Agreement With Former Shareholders
IssuanceOfOrdinaryUnderSettlementAgreementWithFormerShareholders
1561000 usd
CY2023 us-gaap Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
1500000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
6838000 usd
CY2023 nnox Unrealized Loss From Availableforsale Securities
UnrealizedLossFromAvailableforsaleSecurities
1669000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-60776000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
195514000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-60776000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-113243000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-61798000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
6838000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
18623000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
18806000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10612000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10607000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1768000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
7420000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
50878000 usd
CY2023 nnox Change In Contingent Earnout Liability
ChangeInContingentEarnoutLiability
4488000 usd
CY2022 nnox Change In Contingent Earnout Liability
ChangeInContingentEarnoutLiability
20376000 usd
CY2023 us-gaap Depreciation
Depreciation
1198000 usd
CY2022 us-gaap Depreciation
Depreciation
905000 usd
CY2021 us-gaap Depreciation
Depreciation
524000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-377000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3733000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-116000 usd
CY2023 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
-178000 usd
CY2023 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-69000 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
47000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-10000 usd
CY2023 nnox Amortization Of Premium Discount And Accrued Interest On Marketable Securities
AmortizationOfPremiumDiscountAndAccruedInterestOnMarketableSecurities
-735000 usd
CY2022 nnox Amortization Of Premium Discount And Accrued Interest On Marketable Securities
AmortizationOfPremiumDiscountAndAccruedInterestOnMarketableSecurities
-1398000 usd
CY2021 nnox Amortization Of Premium Discount And Accrued Interest On Marketable Securities
AmortizationOfPremiumDiscountAndAccruedInterestOnMarketableSecurities
216000 usd
CY2022 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
172000 usd
CY2021 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
214000 usd
CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-1297000 usd
CY2023 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
507000 usd
CY2022 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-74000 usd
CY2021 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
40000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1940000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1235000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1724000 usd
CY2023 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
251000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
800000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
374000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-153000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
469000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
1721000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-8956000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
10410000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-719000 usd
CY2023 nnox Increase Decrease Operating Lease
IncreaseDecreaseOperatingLease
352000 usd
CY2022 nnox Increase Decrease Operating Lease
IncreaseDecreaseOperatingLease
-125000 usd
CY2021 nnox Increase Decrease Operating Lease
IncreaseDecreaseOperatingLease
23000 usd
CY2023 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-37000 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-82000 usd
CY2021 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
179000 usd
CY2023 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
129000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
250000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
233000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-44777000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-43385000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-38061000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2859000 usd
CY2023 us-gaap Payments To Acquire Restricted Certificates Of Deposit
PaymentsToAcquireRestrictedCertificatesOfDeposit
373000 usd
CY2023 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
38287000 usd
CY2022 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
31241000 usd
CY2021 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
10986000 usd
CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
8454000 usd
CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
104043000 usd
CY2023 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
822000 usd
CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
2754000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3303000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7171000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
23158000 usd
CY2022 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
1010000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
35433000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
14606000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-116320000 usd
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
3796000 usd
CY2023 nnox Proceeds From Issuance Of Ordinary Shares And Warrants Net Of Issuance Costs
ProceedsFromIssuanceOfOrdinarySharesAndWarrantsNetOfIssuanceCosts
27139000 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
145000 usd
CY2023 nnox Payment Due To Settlement Of Contingent Earnout Liabilities
PaymentDueToSettlementOfContingentEarnoutLiabilities
790000 usd
CY2022 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
370000 usd
CY2021 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
267000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
903000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
579000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3316000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
27252000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
804000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
7379000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-60000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-268000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-10000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
17848000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-28243000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-147012000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
38529000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
66772000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
213784000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
56377000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
38529000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
66772000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
147000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
7000 usd
CY2023 us-gaap Dividends And Interest Paid
DividendsAndInterestPaid
149000 usd
CY2022 us-gaap Dividends And Interest Paid
DividendsAndInterestPaid
90000 usd
CY2021 us-gaap Dividends And Interest Paid
DividendsAndInterestPaid
13000 usd
CY2021 nnox Fair Value Of Ordinary Shares Issued As Consideration For Purchase Of Assets
FairValueOfOrdinarySharesIssuedAsConsiderationForPurchaseOfAssets
1500000 usd
CY2021 nnox Fair Value Of Ordinary Shares Issued As Consideration For Business Combinations And Achievement
FairValueOfOrdinarySharesIssuedAsConsiderationForBusinessCombinationsAndAchievement
100010000 usd
CY2023 nnox Issuance Of Ordinary Share In Connections With Earnout Liability
IssuanceOfOrdinaryShareInConnectionsWithEarnoutLiability
1561000 usd
CY2022 nnox Issuance Of Ordinary Share In Connections With Earnout Liability
IssuanceOfOrdinaryShareInConnectionsWithEarnoutLiability
953000 usd
CY2022 nnox Issuance Of Ordinary Shares Under Settlement Agreement With Former Shareholders
IssuanceOfOrdinarySharesUnderSettlementAgreementWithFormerShareholders
18617000 usd
CY2021 nnox Fair Value Of Contingent Consideration Assumed In Business Combinations
FairValueOfContingentConsiderationAssumedInBusinessCombinations
47194000 usd
CY2021 nnox Fair Value Of Contingent Consideration Assumed In Purchase Of Assets
FairValueOfContingentConsiderationAssumedInPurchaseOfAssets
1091000 usd
CY2023 nnox Reclassification Of Earnout Liability To Equity
ReclassificationOfEarnoutLiabilityToEquity
1500000 usd
CY2023 nnox Operating Lease Liabilities Arising From Obtaining Operating Rightof Use Assets1
OperatingLeaseLiabilitiesArisingFromObtainingOperatingRightofUseAssets1
4411000 usd
CY2022 nnox Operating Lease Liabilities Arising From Obtaining Operating Rightof Use Assets1
OperatingLeaseLiabilitiesArisingFromObtainingOperatingRightofUseAssets1
320000 usd
CY2021 nnox Operating Lease Liabilities Arising From Obtaining Operating Rightof Use Assets1
OperatingLeaseLiabilitiesArisingFromObtainingOperatingRightofUseAssets1
194000 usd
CY2023 us-gaap Nature Of Operations
NatureOfOperations
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 1 — GENERAL:</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 8pt"><b> </b></span></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: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>a.</b></span></td> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Nano-X Imaging Ltd, an Israeli Company (hereinafter “the Company” or “Nanox IL”), was incorporated on December 20, 2018 and commenced its operations on September 3, 2019.</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 8pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><span style="font-size: 10pt">In August 2020, the Company completed an IPO and its ordinary shares began to trade on Nasdaq with net proceeds received from the IPO of approximately $169 million.</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; font-size: 8pt"><b> </b></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; font-size: 10pt">On September 19, 2019, Nanox IL established Nanox Imaging Inc. (hereinafter “Nanox Japan”), a wholly owned subsidiary in Japan.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in"><span style="font-family: Times New Roman, Times, Serif; font-size: 8pt"><b> </b></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; font-size: 10pt">On September 25, 2020, Nanox IL established Nano-X Korea Inc. (hereinafter “Nanox Korea”), a wholly owned subsidiary in Korea.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in"><span style="font-family: Times New Roman, Times, Serif; font-size: 8pt"><b> </b></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; font-size: 10pt">On September 30, 2021, Nanox IL established Nanox Imaging Inc. (hereinafter “Nanox U.S.”), a wholly owned subsidiary in the United States. On the same date, Nanox U.S. established Nanox MDW Inc. (hereinafter “Nanox MDW”).</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; font-size: 8pt"><b> </b></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; font-size: 10pt">On November 2, 2021, Nanox U.S. completed the acquisition of 100% of the shares of USARAD Holdings, Inc. (refer to Note 3).</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; font-size: 8pt"><b> </b></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; font-size: 10pt">On November 4, 2021, the Company completed the merger with Zebra Medical Vision Ltd (refer to Note 3).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in"><span style="font-family: Times New Roman, Times, Serif; font-size: 8pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><span style="font-size: 10pt">The Company, together with its subsidiaries, develops a commercial-grade tomographic imaging device with a digital X-ray source, provides teleradiology services and develops artificial intelligence applications designed to be used in real-world medical imaging applications. The Company’s solution, referred to as the Nanox Multi Source System, has two integrated components – “Nanox.ARC” and “Nanox.CLOUD”. Nanox.ARC is a medical tomographic imaging system incorporating the Company’s novel digital X-ray source. Nanox.CLOUD is a platform which employs a matching engine to match medical images to radiologists, provides image repository, connectivity to diagnostic assistive AI systems, billing and reporting. On April 1, 2021, the Company received clearance from the FDA to market the Company’s Nanox Cart X-Ray System, which is the Company’s Single Source System. On April 28, 2023, the Company received clearance from the FDA to market the Nanox.ARC (including the Nanox.CLOUD) as a stationary ‎X-ray ‎system ‎intended to produce tomographic images of the human musculoskeletal system adjunctive to conventional radiography, on adult patients. This device is ‎intended to be used in professional healthcare ‎facilities or ‎radiological ‎environments, such as ‎hospitals, clinics, imaging ‎centers and ‎other medical practices‎ by trained radiographers, ‎radiologists and physicists.</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; font-size: 8pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><span style="font-size: 10pt">In August 2022, the Company entered into a supply agreement with Re-medi Co Ltd. in order to integrate Remedi’s two-dimensional (“2D”) imaging systems (using traditional X-ray tubes) to the Nanox.CLOUD and the Nanox.MARKETPLACE, creating a mobile 2D X-ray system that enables remote readings of scans with AI-powered imaging analysis and a global teleradiology solution, which is referred to as the “Nanox.CONNECT.”</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><span style="font-size: 10pt"> </span><span style="font-family: Times New Roman, Times, Serif; font-size: 8pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><span style="font-size: 10pt">The Company has experienced net losses and negative cash flows from operations since its inception. The Company anticipates such losses will continue until its product candidates reach commercial profitability. On July 26, 2023, the Company raised $30 million in a registered direct offering by selling 2.1 million of the Company’s ordinary shares, together with 5 year warrants to purchase up to 2.1 million ordinary shares with an exercise price of $19.00 per share at a combined purchase price of $14.00 per share. The net proceeds of the offering were approximately $27.1 million Based on the Company’s activities during the year ended December 31, 2023, the Company has sufficient funds for its plans for the next twelve months from the issuance of these financial statements.</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; font-size: 8pt"><b> </b></span></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: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>b.</b></span></td> <td style="text-align: justify"><p style="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif"><span style="font-size: 10pt">Current Impact of geopolitical tensions and the start of the military conflict between Russia and Ukraine</span></p></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in"><span style="font-family: Times New Roman, Times, Serif; font-size: 8pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><span style="font-size: 10pt">The Company’s business may materially be affected by conditions in the financial markets and economic conditions in the U.S., Europe, Asia and, to a lesser extent, elsewhere in the world. 2023 was characterized by significant volatility in global markets, driven by investor concerns over inflation, rising interest rates, slowing economic growth and geopolitical uncertainty. Inflation across many key economies reached generational highs, prompting central banks to take monetary policy tightening actions that are likely to create headwinds to economic growth. Continued global supply chain disruption, including due to China’s recurrent restrictions and the ongoing war between Russia and Ukraine, are also contributing to mounting inflationary pressure. In 2022, in the U.S., annual inflation rose to the highest level in over 40 years. Concurrently, Europe experienced high year-over-year inflation. In response to rising inflation, the Federal Reserve raised the federal funds target range and the European Central Bank raised rates. While several key economic factors, including employment, wage growth and household savings, have demonstrated resilience, the U.S. economic contraction in 2023 has opened a debate among economists as to whether the U.S. has entered, or in the near term will enter, a recession.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in"><span style="font-family: Times New Roman, Times, Serif; font-size: 8pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><span style="font-size: 10pt">U.S., Israel and global economies and markets are experiencing volatility and disruption following the escalation of geopolitical tensions and the start of the military conflict between Russia and Ukraine. Although the length and impact of the ongoing military conflicts are highly unpredictable, the ongoing conflict in Ukraine could lead to market disruptions, including significant volatility in commodity prices, credit and capital markets.</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; font-size: 8pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><span style="font-size: 10pt">As a result, sanctions and penalties have been levied by the United States, European Union and other countries against Russia. Russian military actions and the resulting sanctions could have a negative impact on supply chains, the Company’s MSaaS agreements relating to Russia and Belarus or the region and adversely affect the global economy and financial markets. Any of the abovementioned factors could affect the Company’s business, prospects, financial condition, and operating results. The extent and duration of the military actions, sanctions and resulting market disruptions are impossible to predict, but could be substantial.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 8pt"><b> </b></span></p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.5in"></td><td style="width: 0.25in; text-align: left"><b>c.</b></td><td style="text-align: justify"><b>The security situation in Israel</b></td> </tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><span style="font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify">In October 2023, Israel was attacked by a terrorist organization and entered a state of war. As of the date of these consolidated financial statements, the war in Israel is ongoing and continues to evolve. The Company’s headquarters and several manufacturing and R&amp;D facilities are located in Israel. Currently, such activities in Israel remain largely unaffected. The Company continues to maintain contingency plans with backup manufacturing and assembly locations for key products and components. During the year ended December 31, 2023, the impact of this war on the Company’s results of operations and financial condition was immaterial, but such impact may increase, which could be material, as a result of the continuation, escalation, or expansion of such war.</p>
CY2023Q3 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P5Y
CY2023 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
27100000 usd
CY2022 us-gaap Credit Derivative Term1
CreditDerivativeTerm1
P40Y
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<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: 0.5in"><span style="font-family: Times New Roman, Times, Serif"> </span></td> <td style="width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>b.</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Use of estimates in the preparation of financial statements</b></span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify">The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates and such differences may have a material impact on the Company’s consolidated financial statements. As applicable to these consolidated financial statements, the most significant estimates relate to goodwill impairment, impairment of long-lives assets, useful lives of intangible assets, income tax, legal and other contingencies and share-based payments. The Company bases its estimates on historical experience, known trends and events and various other factors that the Company believes are reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. The Company evaluates its estimates and assumptions on an ongoing basis. The Company’s actual results may differ from these estimates under different assumptions or conditions.</p>
CY2023 nnox Tax Benefit Percentage
TaxBenefitPercentage
0.50 pure
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
7420000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
50878000 usd
CY2022Q1 nnox Private Held Amount
PrivateHeldAmount
1010000 usd
CY2023 nnox Salary Percentage
SalaryPercentage
0.0833 pure
CY2023 us-gaap Other Expenses
OtherExpenses
1024000 usd
CY2022 us-gaap Other Expenses
OtherExpenses
1251000 usd
CY2021 us-gaap Other Expenses
OtherExpenses
846000 usd
CY2023Q4 us-gaap Marketable Securities
MarketableSecurities
26006000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
26311000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-305000 usd
CY2022Q4 us-gaap Marketable Securities
MarketableSecurities
64359000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
66333000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1974000 usd
CY2023Q4 us-gaap Marketable Securities
MarketableSecurities
26006000 usd
CY2022Q4 us-gaap Marketable Securities
MarketableSecurities
64359000 usd
CY2023Q2 us-gaap Cash
Cash
290000 usd
CY2023Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
45392 shares
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<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: 0.5in"> </td> <td style="width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>u.</b></span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Concentration of Credit Risks</b></span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents, restricted cash, marketable securities and accounts receivable.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in; text-align: justify">The Company’s cash and cash equivalents and restricted cash are invested with major banks in Israel, the United States and Korea. Generally, these investments may be redeemed upon demand and the Company believes that the financial institutions that hold the Company’s cash balances are financially sound and, accordingly, bear minimal risk.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.75in; text-align: justify">The Company’s accounts receivable is derived primarily from sales to the Company’s teleradiology business segment located mainly in the United States. Concentration of credit risk with respect to accounts receivable is mitigated by the fact that trade accounts receivables is typically due upon the issuance of invoice for services rendered.</p>
CY2021Q4 nnox Purchase Consideration
PurchaseConsideration
315000 usd
CY2021Q4 us-gaap Contract With Customer Asset Purchase
ContractWithCustomerAssetPurchase
970000 usd
CY2021Q4 nnox Remaining Service Periods
RemainingServicePeriods
P4Y
CY2023 nnox Determined Estimated Useful Life Period
DeterminedEstimatedUsefulLifePeriod
P10Y
CY2021Q3 us-gaap Compensating Balance Amount
CompensatingBalanceAmount
3000000 usd
CY2021Q3 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.06 pure
CY2023Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
51243000 usd
CY2023 nnox Goodwill Impairment Charge
GoodwillImpairmentCharge
7055000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
58298000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
7420000 usd
nnox Goodwill Assigned Amount
GoodwillAssignedAmount
365000 usd
nnox Internal Cash Flows Forecasts
InternalCashFlowsForecasts
P7Y
nnox Long Term Future Growth Rate
LongTermFutureGrowthRate
0.03 pure
nnox Discount Rate
DiscountRate
0.227 pure
CY2023Q4 us-gaap Acquisition Costs
AcquisitionCosts
7055000 usd
CY2023Q4 nnox Growth Percentage
GrowthPercentage
0.279 pure
CY2022Q4 nnox Assigned Amount
AssignedAmount
51243000 usd
CY2023Q4 us-gaap Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
P5Y
CY2023Q4 nnox Percentage Of Discount Rate
PercentageOfDiscountRate
0.22 pure
CY2022Q4 nnox Carrying Value Percentage
CarryingValuePercentage
0.1161 pure
CY2022 nnox Asset Impairment Charge
AssetImpairmentCharge
14338000 usd
CY2022Q2 us-gaap Goodwill Not Allocated Amount
GoodwillNotAllocatedAmount
36905000 usd
CY2023 nnox Increase Decrease On Growth Rate
IncreaseDecreaseOnGrowthRate
0.005 pure
CY2022 nnox Increase Decrease On Growth Rate
IncreaseDecreaseOnGrowthRate
0.005 pure
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
1000000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
2900000 usd
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
38463000 usd
CY2022 nnox Restricted Bank Deposit
RestrictedBankDeposit
66000 usd
CY2023Q4 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P10Y18D
CY2023Q4 us-gaap Finite Lived Customer Relationships Gross
FiniteLivedCustomerRelationshipsGross
103594000 usd
CY2022Q4 us-gaap Finite Lived Customer Relationships Gross
FiniteLivedCustomerRelationshipsGross
103594000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
22987000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
12375000 usd
CY2023Q4 us-gaap Assets Net
AssetsNet
80607000 usd
CY2022Q4 us-gaap Assets Net
AssetsNet
91219000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
10607000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
10498000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
9959000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
9959000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
39584000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
80607000 usd
CY2023Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
1667000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
689000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
2356000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
45034000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
45208000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2691000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1663000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
42343000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
43545000 usd
CY2023 us-gaap Depreciation
Depreciation
1198000 usd
CY2022 us-gaap Depreciation
Depreciation
905000 usd
CY2021 us-gaap Depreciation
Depreciation
524000 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1297000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
172000 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
214000 usd
CY2020Q4 us-gaap Payments For Purchase Of Other Assets1
PaymentsForPurchaseOfOtherAssets1
6314000 usd
CY2023Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
56377000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4906000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1138000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y5M1D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y6M7D
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
56377000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
38529000 usd
CY2023 nnox Leases Square Description
LeasesSquareDescription
As of December 31, 2023, the Company has several operating building and car lease agreements:In the second half of 2023, the company started leasing two office floors and parking spaces on Petah Tikva and at the end of the year moved the employees to this location.The company leases approximately 3080 squaremeters (1540 each floor). The lease agreement is effective through October 2028 with an option to extend the lease term through the second lease term, additional 5 years. The company decided that the lease term for the lease components will include both the Initial Lease Term and the Second Lease Term meaning effective through October 2033.The average monthly payment for this agreement is approximately $57 thousand.The Company’s principal executive offices were located in a leased facility in Neve Ilan, Israel until moved to Petah Tikva in December 2023. The monthly rent payment for all the lease premises in Neve-Ilan, Israel in 2023 was approximately $39 thousand.Company leases vehicles to some of its employees. The lease agreement is effective through July 2026 and the monthly payment in 2023 was approximately $13 thousand.Nanox Korea leases 3 vehicles to some employees. 2 of these 3 lease agreements expired in August 2023 and November 2023, respectively. The third lease agreement is effective through February 2024. The monthly payment for these agreements in 2023 was approximately $4 thousand.Nanox Korea leases an apartment for its employees. The lease agreement expired in November 2023.
CY2023Q4 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P5Y
CY2023 us-gaap Payments For Fees
PaymentsForFees
57000 usd
CY2023 us-gaap Payments For Rent
PaymentsForRent
18000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
1121000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
937000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
72000 usd
CY2023 us-gaap Lease Cost
LeaseCost
1121000 usd
CY2022 us-gaap Lease Cost
LeaseCost
1009000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
1446000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
1231000 usd
CY2023 nnox Operating Lease Liabilities Arising From Obtaining Operating Rightof Use Assets
OperatingLeaseLiabilitiesArisingFromObtainingOperatingRightofUseAssets
4411000 usd
CY2022 nnox Operating Lease Liabilities Arising From Obtaining Operating Rightof Use Assets
OperatingLeaseLiabilitiesArisingFromObtainingOperatingRightofUseAssets
320000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4573000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1157000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
861000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
740000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
4045000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
398000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.1212 pure
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0584 pure
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1051000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
820000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
851000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
879000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
778000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
3862000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
8241000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3335000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4906000 usd
CY2021Q4 us-gaap Deferred Revenue
DeferredRevenue
662000 usd
CY2022 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
102000 usd
CY2022 nnox Revenue Recognized In The Reported Period
RevenueRecognizedInTheReportedPeriod
-184000 usd
CY2022Q4 us-gaap Deferred Revenue
DeferredRevenue
580000 usd
CY2023 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
176000 usd
CY2023 nnox Revenue Recognized In The Reported Period
RevenueRecognizedInTheReportedPeriod
-213000 usd
CY2023Q4 us-gaap Deferred Revenue
DeferredRevenue
543000 usd
CY2022Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
398000 usd
CY2023Q4 nnox Related Party Balances
RelatedPartyBalances
8000 usd
CY2022Q4 nnox Related Party Balances
RelatedPartyBalances
89000 usd
CY2023 nnox Share Based Compensation Arrangement By Share Based Payment Award Options Stock Options Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsStockOptionsTerm
P10Y
CY2023 nnox Employment Agreement Description
EmploymentAgreementDescription
The service agreement was effective as of March 1, 2020 and has been extended by mutual agreement of the parties several times, until terminated at December 31, 2021.
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
12000 usd
CY2023 us-gaap Lease Income
LeaseIncome
7000 usd
CY2021Q3 us-gaap Long Term Debt Term
LongTermDebtTerm
P3Y
CY2021Q3 us-gaap Long Term Debt
LongTermDebt
3800000 usd
CY2021Q3 nnox Annual Interest Rate
AnnualInterestRate
0.01149 pure
CY2023Q2 us-gaap Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
8000000 usd
CY2023 us-gaap Payments For Deposits
PaymentsForDeposits
5000000 usd
CY2023 us-gaap Other Income
OtherIncome
3000000 usd
CY2023 us-gaap Other Commitments Description
OtherCommitmentsDescription
The Company paid a civil penalty in the amount of $650 recorded on Other expenses (income)and was permanently enjoined from violating Section 17(a)(2) of the Securities Act of 1933 (the “Securities Act”) and Section 13(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rules 12b-20 and 13a-1 thereunder. Mr. Poliakine paid disgorgement of $240, together with prejudgment interest of $27, paid a civil penalty of $150, and was permanently enjoined from violating Section 17(a)(2) of the Securities Act and aiding and abetting any violation of Section 13(a) of the Exchange Act and Rules 12b-20 and 13a-1 thereunder.
CY2023Q2 us-gaap Debt Instrument Fee Amount
DebtInstrumentFeeAmount
1260000 usd
CY2023Q2 nnox Loss Contingency New Claims Amount
LossContingencyNewClaimsAmount
25000000 usd
CY2023 us-gaap Sale Of Stock Percentage Of Ownership After Transaction
SaleOfStockPercentageOfOwnershipAfterTransaction
0.03 pure
CY2023 us-gaap Payments For Royalties
PaymentsForRoyalties
50000 usd
CY2023Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
57778628 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
55094237 shares
CY2023Q3 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
2142858 shares
CY2023Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
19
CY2019Q3 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
1220446 shares
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15721000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P1Y10M24D
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Number Of Shares Per Employee
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesPerEmployee
545105 shares
CY2023Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
11.22
CY2023 nnox Percentage Of Granted Options Vested
PercentageOfGrantedOptionsVested
0.25 pure
CY2023Q2 us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
35500 shares
CY2023 us-gaap Restricted Stock Expense
RestrictedStockExpense
642000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5115910 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
15.19
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
545105 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
11.22
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
286141 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
3.02
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
153480 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
19.36
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5221394 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
13.34
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
5112 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3621783 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
10.43
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
5110 usd
CY2022Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
14800000 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
38000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
55000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
68000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
38000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
55000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
68000 usd
CY2022 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
-3357000 usd
CY2021 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
-57000 usd
CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-377000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-376000 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-59000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-377000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3733000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-116000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-339000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3678000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-48000 usd
CY2023 us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
61115000 usd
CY2022 us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
116921000 usd
CY2021 us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
61846000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.23 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.23 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.23 pure
CY2023 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
14056000 usd
CY2022 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
26892000 usd
CY2021 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
14225000 usd
CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-333000 usd
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
261000 usd
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
110000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
10434000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
11467000 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
6571000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
1550000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
4361000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
4343000 usd
CY2023 nnox Effective Income Tax Rate Reconciliation Goodwill Impairment
EffectiveIncomeTaxRateReconciliationGoodwillImpairment
1566000 usd
CY2022 nnox Effective Income Tax Rate Reconciliation Goodwill Impairment
EffectiveIncomeTaxRateReconciliationGoodwillImpairment
11702000 usd
CY2023 nnox Effective Income Tax Rate Reconciliation Change In Earnout Liability
EffectiveIncomeTaxRateReconciliationChangeInEarnoutLiability
942000 usd
CY2022 nnox Effective Income Tax Rate Reconciliation Change In Earnout Liability
EffectiveIncomeTaxRateReconciliationChangeInEarnoutLiability
4686000 usd
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
776000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
631000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
3373000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-339000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3678000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-48000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
43699000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
38967000 usd
CY2023Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
3771000 usd
CY2022Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
4027000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
376000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
740000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1147000 usd
CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1507000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
532000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
50500000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
44266000 usd
CY2023Q4 nnox Deferred Tax Assets Right Of Use Assets
DeferredTaxAssetsRightOfUseAssets
1069000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
19185000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
19562000 usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
30246000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
24704000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
30246000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
24704000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
30246000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
24704000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
24704000 usd
CY2023 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
5542000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
30246000 usd
CY2023 us-gaap Revenues
Revenues
9905000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
-62589000 usd
CY2023 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1652000 usd
CY2023 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
-178000 usd
CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-61115000 usd
CY2023 us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
1198000 usd
CY2023 nnox Change In Obligation In Earnout Liabilities
ChangeInObligationInEarnoutLiabilities
-4488000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
7420000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
6838000 usd
CY2023Q4 us-gaap Assets
Assets
218648000 usd
CY2023 us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
3303000 usd
CY2022 us-gaap Revenues
Revenues
8578000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-117710000 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
789000 usd
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-116921000 usd
CY2022 us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
11512000 usd
CY2022 nnox Change In Obligation In Earnout Liabilities
ChangeInObligationInEarnoutLiabilities
-20376000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
50878000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
18623000 usd
CY2022Q4 us-gaap Assets
Assets
253933000 usd
CY2022 us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
8181000 usd
CY2021 us-gaap Revenues
Revenues
1304000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-61558000 usd
CY2021 nnox Financial Expense
FinancialExpense
-288000 usd
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-61846000 usd
CY2021 us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
2292000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
18806000 usd
CY2021Q4 us-gaap Assets
Assets
363170000 usd
CY2021 us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
26017000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.10 pure
CY2022Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.10 pure
CY2021Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.10 pure
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
usd
CY2023Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
usd
CY2023Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
46916000 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
44702000 usd
CY2021Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
39160000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-60776000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-113243000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-61798000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56368 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52235 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48216 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.08
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.17
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.28
CY2023Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
4455301 shares
CY2022Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
2312443 shares
CY2023 nnox Outstanding Options
OutstandingOptions
5171394 shares
CY2022 nnox Outstanding Options
OutstandingOptions
5065910 shares
CY2023 dei Document Accounting Standard
DocumentAccountingStandard
U.S. GAAP
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
usd
CY2023Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
usd
CY2023Q4 us-gaap Goodwill
Goodwill
usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
usd
CY2023Q4 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
usd
CY2021 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
usd
CY2022 us-gaap Gain Loss On Investments
GainLossOnInvestments
usd
CY2021 us-gaap Gain Loss On Investments
GainLossOnInvestments
usd
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.08
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.28
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.17
CY2022 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
usd
CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
usd
CY2021 nnox Change In Contingent Earnout Liability
ChangeInContingentEarnoutLiability
usd
CY2022 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
usd
CY2021 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
usd
CY2023 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
usd
CY2022 us-gaap Payments To Acquire Restricted Certificates Of Deposit
PaymentsToAcquireRestrictedCertificatesOfDeposit
usd
CY2023 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
usd
CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
usd
CY2023 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
usd
CY2021 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
usd
CY2023 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
usd
CY2022 nnox Proceeds From Issuance Of Ordinary Shares And Warrants Net Of Issuance Costs
ProceedsFromIssuanceOfOrdinarySharesAndWarrantsNetOfIssuanceCosts
usd
CY2021 nnox Proceeds From Issuance Of Ordinary Shares And Warrants Net Of Issuance Costs
ProceedsFromIssuanceOfOrdinarySharesAndWarrantsNetOfIssuanceCosts
usd
CY2023 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
usd
CY2022 nnox Payment Due To Settlement Of Contingent Earnout Liabilities
PaymentDueToSettlementOfContingentEarnoutLiabilities
usd
CY2021 nnox Payment Due To Settlement Of Contingent Earnout Liabilities
PaymentDueToSettlementOfContingentEarnoutLiabilities
usd
CY2023 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
usd
CY2023 nnox Fair Value Of Ordinary Shares Issued As Consideration For Purchase Of Assets
FairValueOfOrdinarySharesIssuedAsConsiderationForPurchaseOfAssets
usd
CY2022 nnox Fair Value Of Ordinary Shares Issued As Consideration For Purchase Of Assets
FairValueOfOrdinarySharesIssuedAsConsiderationForPurchaseOfAssets
usd
CY2023 nnox Fair Value Of Ordinary Shares Issued As Consideration For Business Combinations And Achievement
FairValueOfOrdinarySharesIssuedAsConsiderationForBusinessCombinationsAndAchievement
usd
CY2022 nnox Fair Value Of Ordinary Shares Issued As Consideration For Business Combinations And Achievement
FairValueOfOrdinarySharesIssuedAsConsiderationForBusinessCombinationsAndAchievement
usd
CY2021 nnox Issuance Of Ordinary Share In Connections With Earnout Liability
IssuanceOfOrdinaryShareInConnectionsWithEarnoutLiability
usd
CY2023 nnox Issuance Of Ordinary Shares Under Settlement Agreement With Former Shareholders
IssuanceOfOrdinarySharesUnderSettlementAgreementWithFormerShareholders
usd
CY2021 nnox Issuance Of Ordinary Shares Under Settlement Agreement With Former Shareholders
IssuanceOfOrdinarySharesUnderSettlementAgreementWithFormerShareholders
usd
CY2023 nnox Fair Value Of Contingent Consideration Assumed In Business Combinations
FairValueOfContingentConsiderationAssumedInBusinessCombinations
usd
CY2022 nnox Fair Value Of Contingent Consideration Assumed In Business Combinations
FairValueOfContingentConsiderationAssumedInBusinessCombinations
usd
CY2023 nnox Fair Value Of Contingent Consideration Assumed In Purchase Of Assets
FairValueOfContingentConsiderationAssumedInPurchaseOfAssets
usd
CY2022 nnox Fair Value Of Contingent Consideration Assumed In Purchase Of Assets
FairValueOfContingentConsiderationAssumedInPurchaseOfAssets
usd
CY2022 nnox Reclassification Of Earnout Liability To Equity
ReclassificationOfEarnoutLiabilityToEquity
usd
CY2021 nnox Reclassification Of Earnout Liability To Equity
ReclassificationOfEarnoutLiabilityToEquity
usd
CY2023Q4 us-gaap Goodwill
Goodwill
usd
CY2022Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
usd
CY2023 nnox Restricted Bank Deposit
RestrictedBankDeposit
usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
usd
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
55094237 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
57778628 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
usd
CY2023 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
usd
CY2022 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
usd
CY2021 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
usd
CY2023 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
usd
CY2021 nnox Effective Income Tax Rate Reconciliation Goodwill Impairment
EffectiveIncomeTaxRateReconciliationGoodwillImpairment
usd
CY2021 nnox Effective Income Tax Rate Reconciliation Change In Earnout Liability
EffectiveIncomeTaxRateReconciliationChangeInEarnoutLiability
usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
usd
CY2022Q4 nnox Deferred Tax Assets Right Of Use Assets
DeferredTaxAssetsRightOfUseAssets
usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
usd
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
usd
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.08
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.28
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.17
CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0001795251

Files In Submission

Name View Source Status
0001213900-24-034697-index-headers.html Edgar Link pending
0001213900-24-034697-index.html Edgar Link pending
0001213900-24-034697.txt Edgar Link pending
0001213900-24-034697-xbrl.zip Edgar Link pending
f20f2023ex12-1_nanoximaging.htm Edgar Link pending
f20f2023ex12-2_nanoximaging.htm Edgar Link pending
f20f2023ex13-1_nanoximaging.htm Edgar Link pending
f20f2023ex13-2_nanoximaging.htm Edgar Link pending
f20f2023ex15-1_nanoximaging.htm Edgar Link pending
f20f2023ex2-1_nanoximaging.htm Edgar Link pending
f20f2023ex8-1_nanoximaging.htm Edgar Link pending
f20f2023ex97-1_nanoximaging.htm Edgar Link pending
f20f2023_nanoximaging.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
nnox-20231231.xsd 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
nnox-20231231_cal.xml Edgar Link unprocessable
nnox-20231231_lab.xml Edgar Link unprocessable
f20f2023_nanoximaging_htm.xml Edgar Link completed
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
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
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
nnox-20231231_def.xml Edgar Link unprocessable
nnox-20231231_pre.xml Edgar Link unprocessable