Registration of securities issued in business combination transactions

Property and Equipment

v3.22.2.2
Property and Equipment
12 Months Ended
Dec. 31, 2021
Fixed Assets [Abstract]  
Property and equipment

Note 10 — Property and equipment:

 

Vehicles

 

Docking stations and drones(1)(2)

 

Computers and peripheral equipment

 

Machinery, Office furniture and Equipment

 

Leasehold Improvements

 

Total

   

U.S. dollars in thousands

Cost:

   

 

   

 

   

 

   

 

   

 

   

 

Balance as of January 1, 2020

 

55

 

 

4,488

 

 

1,231

 

 

842

 

 

1,175

 

 

7,791

 

Additions during the year:

   

 

   

 

   

 

   

 

   

 

   

 

Purchases

 

 

 

980

 

 

10

 

 

43

 

 

 

 

1,033

 

Adjustments arising from translating financial statements of foreign operations

 

 

 

13

 

 

 

 

 

 

 

 

13

 

Decreases during the year:

   

 

   

 

   

 

   

 

   

 

   

 

Disposals

 

(4

)

 

(438

)

 

 

 

(57

)

 

 

 

(499

)

Balance as of December 31, 2020

 

51

 

 

5,043

 

 

1,241

 

 

828

 

 

1,175

 

 

8,338

 

Additions during the year:

   

 

   

 

   

 

   

 

   

 

   

 

Purchases

 

 

 

402

 

 

59

 

 

49

 

 

3

 

 

513

 

Decreases during the year:

   

 

   

 

   

 

   

 

   

 

   

 

Classification to inventory(3)

 

 

 

(1,374

)

 

 

 

 

 

 

 

(1,374

)

Sales

 

(36

)

 

(625

)

 

 

 

(14

)

 

 

 

(675

)

Disposals

 

 

 

(52

)

 

(1,094

)

 

(401

)

 

(5

)

 

(1,552

)

     

 

   

 

   

 

   

 

   

 

   

 

Balance as of December 31, 2021

 

15

 

 

3,394

 

 

206

 

 

462

 

 

1,173

 

 

5,250

 

     

 

   

 

   

 

   

 

   

 

   

 

Accumulated Depreciation and impairment:

   

 

   

 

   

 

   

 

   

 

   

 

Balance as of January 1, 2020

 

19

 

 

445

 

 

935

 

 

436

 

 

284

 

 

2,119

 

Additions during the year:

   

 

   

 

   

 

   

 

   

 

   

 

Depreciation

 

10

 

 

337

 

 

204

 

 

99

 

 

117

 

 

767

 

Decreases during the year:

   

 

   

 

   

 

   

 

   

 

   

 

Reversal of an impairment
loss

 

 

 

(206

)

 

 

 

 

 

 

 

(206

)

Disposals

 

(2

)

 

(438

)

 

 

 

(13

)

 

 

 

(453

)

     

 

   

 

   

 

   

 

   

 

   

 

Balance as of December 31, 2020

 

27

 

 

138

 

 

1,139

 

 

522

 

 

401

 

 

2,227

 

Additions during the year:

   

 

   

 

   

 

   

 

   

 

   

 

Depreciation

 

3

 

 

371

 

 

97

 

 

77

 

 

120

 

 

668

 

Impairment

 

 

 

955

 

 

 

 

 

 

 

 

955

 

Decreases during the year:

   

 

   

 

   

 

   

 

   

 

   

 

Classification to inventory(3)

 

 

 

(164

)

 

 

 

 

 

 

 

(164

)

Sales

 

(15

)

 

 

 

 

 

(11

)

 

 

 

(26

)

Disposals

 

 

 

(52

)

 

(1,094

)

 

(401

)

 

(5

)

 

(1,552

)

     

 

   

 

   

 

   

 

   

 

   

 

Balance as of December 31, 2021

 

15

 

 

1,248

 

 

142

 

 

187

 

 

516

 

 

2,108

 

     

 

   

 

   

 

   

 

   

 

   

 

Depreciated cost as of December 31, 2020

 

24

 

 

4,905

 

 

102

 

 

306

 

 

774

 

 

6,111

 

Depreciated cost as of December 31, 2021

 

 

 

2,146

 

 

64

 

 

275

 

 

657

 

 

3,142

 

____________

(1)      This group includes docking stations and drones in the construction process, at a net cost after impairments of $1,883 thousand and $2,428 thousand, as of December 31, 2021, and 2020, respectively.

(2)      In the year ended December 31, 2021, the Company recognized impairment losses of $955 thousand, because of technological equipment obsolescence. The impairment was charged to other expenses in the 2021 Statement of Comprehensive Income.

(3)      See Note 2 (m)