IceCure Medical (ICCM) 20-F/A22 Aug 222021 FY Annual report (foreign) (amended)Financial data

Company Profile

Document And Entity Information

Document And Entity Information	12 Months Ended
Document And Entity Information	Dec. 31, 2021 shares
Document Information Line Items
Entity Registrant Name	ICECURE MEDICAL LTD.
Trading Symbol	ICCM
Document Type	20-F/A
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding	35,780,335
Amendment Flag	true
Amendment Description	We are filing this Amendment No. 1 (this “Amendment”) to our Annual Report on Form 20-F (the “Original Filing”) for the sole purpose of amending Item 18 of the Original Filing to include audited consolidated financial statements for the fiscal year ended December 31, 2019, which were filed in our Registration Statements on Form F-1 (File Nos. 333-258660 and 333-261487) and inadvertently omitted in the Original Filing. For clarity, the audited consolidated financial statements as of and for the fiscal years ended December 31, 2021 and 2020 included in this Amendment No. 1 are unchanged from the audited consolidated financial statements included in the Original Filing.In addition, pursuant to Rule 12b-15 under the Securities Exchange Act of 1934, as amended, the certifications pursuant to Section 302 and Section 906 of the Sarbanes-Oxley Act of 2002 have been re-executed as of the date of, and are re-filed as part of, this Amendment No. 1 as Exhibits 12.1, 12.2, 13.1 and 13.2.Other than expressly set forth herein, this Amendment No. 1 does not, and does not purport to, amend or restate any other information contained in the Original Filing nor does this Amendment No. 1 reflect any events that have occurred after the Original Filing was filed.
Entity Central Index Key	0001584371
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Dec. 31, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Entity Emerging Growth Company	true
Entity Shell Company	false
Entity Ex Transition Period	false
ICFR Auditor Attestation Flag	false
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Entity File Number	001-40753
Entity Incorporation, State or Country Code	L3
Entity Address, Address Line One	7 Ha’Eshel St.,
Entity Address, Address Line Two	PO Box 3163
Entity Address, City or Town	Caesarea
Entity Address, Postal Zip Code	3079504
Entity Address, Country	IL
Title of 12(b) Security	Ordinary Shares, no par value
Security Exchange Name	NASDAQ
Entity Interactive Data Current	Yes
Document Accounting Standard	U.S. GAAP
Auditor Firm ID	1197
Auditor Name	Brightman Almagor Zohar& Co.
Auditor Location	Tel Aviv, Israel
Business Contact
Document Information Line Items
Entity Address, Address Line One	7 Ha’Eshel St.,
Entity Address, Address Line Two	PO Box 3163
Entity Address, City or Town	Caesarea
Entity Address, Postal Zip Code	3079504
Entity Address, Country	IL
Contact Personnel Name	Eyal Shamir
City Area Code	+972
Local Phone Number	4.6230333

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
CURRENT ASSETS
Cash and cash equivalents	$ 25,621	$ 3,502
Deposit		4,669
Trade accounts receivable	456	94
Inventory	1,955	1,064
Prepaid expenses and other receivables	2,290	260
Total current assets	30,322	9,589
NON-CURRENT ASSETS
Right of use assets	913	306
Property and equipment, net	713	307
Prepaid expenses and other long-term assets	333	37
Total non-current assets	1,959	650
TOTAL ASSETS	32,281	10,239
CURRENT LIABILITIES
Trade accounts payable	881	645
Lease liabilities	224	214
Other current liabilities	2,915	2,855
Total current liabilities	4,020	3,714
NON-CURRENT LIABILITIES
Long term lease liabilities	685	118
Other long-term liabilities	618	759
Total non-current liabilities	1,303	877
Commitments and contingencies
SHAREHOLDERS’ EQUITY
Ordinary shares, No par value; Authorized 2,500,000,000 shares; Issued and outstanding: 35,780,335 shares and 20,218,220 shares as of December 31, 2021 and December 31, 2020, respectively
Treasury shares		(41)
Pre-funded warrants to ordinary shares, Issued and outstanding: 1,034,000 Pre-funded warrants and zero Pre-funded warrants as of December 31, 2021 and December 31, 2020, respectively
Additional paid-in capital	85,389	54,225
Accumulated deficit	(58,431)	(48,536)
Total shareholders’ equity	26,958	5,648
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 32,281	$ 10,239

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Dec. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Ordinary shares, No par value (in Dollars per share)
Ordinary shares, shares authorized	2,500,000,000	2,500,000,000
Ordinary shares, shares issued	35,780,335	20,218,220
Ordinary shares,shares outstanding	35,780,335	20,218,220
Pre-funded warrants to ordinary shares, issued	1,034,000	0
Pre-funded warrants to ordinary shares, outstanding	1,034,000	0

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Statement [Abstract]
Revenues	$ 4,138	$ 3,868	$ 1,627
Cost of revenues	1,943	1,424	1,103
Gross profit	2,195	2,444	524
Research and development expenses	5,877	3,809	3,001
Sales and marketing expenses	1,917	1,063	1,035
General and administrative expenses	4,125	1,714	1,272
Operating loss	9,724	4,142	4,784
Financial expenses (income), net	171	(412)	(233)
Net loss and comprehensive loss	$ 9,895	$ 3,730	$ 4,551
Basic and diluted net loss per share (in Dollars per share)	$ 0.35	$ 0.22	$ 0.33
Weighted average number of shares outstanding used in computing basic and diluted net loss per share (in Shares)	28,548,676	17,128,903	13,621,285

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Loss (Parentheticals) - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Statement [Abstract]
Basic and diluted net loss per share (in Dollars per share)	$ 0.35	$ 0.22	$ 0.33
Weighted average number of shares outstanding used in computing basic and diluted net loss per share (in Shares)	28,548,676	17,128,903	13,621,285

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders’ Equity - USD ($) $ in Thousands		Ordinary shares	Treasury shares	Pre- funded warrants	Additional paid- in capital	Accumulated deficit	Total
Balance at Dec. 31, 2018		$ 2,787	$ (41)		$ 41,670	$ (40,255)	$ 4,161
Balance (in Shares) at Dec. 31, 2018		12,700,056	(5,434)
Issuance of ordinary shares, net		$ 531			2,778		3,309
Issuance of ordinary shares, net (in Shares)		2,329,414
Share-based compensation related to options granted					372		372
Loss for the year						(4,551)	(4,551)
Balance at Dec. 31, 2019		$ 3,318	$ (41)		44,820	(44,806)	3,291
Balance (in Shares) at Dec. 31, 2019		15,029,470	(5,434)
Issuance of ordinary shares, net	[1]	$ 1,203			4,644		5,847
Issuance of ordinary shares, net (in Shares)	[1]	5,175,000
Options exercised		$ 3			8		11
Options exercised (in Shares)		13,750
Share-based compensation related to options granted					229		229
Cancelation of par value		$ (4,524)			4,524
Cancelation of par value (in Shares)
Loss for the year						(3,730)	(3,730)
Balance at Dec. 31, 2020			$ (41)		54,225	(48,536)	5,648
Balance (in Shares) at Dec. 31, 2020		20,218,220	(5,434)
Issuance of ordinary shares, net	[2]				14,586		14,586
Issuance of ordinary shares, net (in Shares)	[2]	11,485,697
Issuance of ordinary shares public offering in December 2021, net	[3]				12,400		12,400
Issuance of ordinary shares public offering in December 2021, net (in Shares)	[3]	3,892,152
Issuance of pre- funded warrants					3,566		3,566
Issuance of pre- funded warrants (in Shares)				1,034,000
Options exercised					337		337
Options exercised (in Shares)		189,700
Share-based compensation related to options granted					316		316
Cancelation of treasury shares			$ 41		(41)
Cancelation of treasury shares (in Shares)		(5,434)	5,434
Loss for the year						(9,895)	(9,895)
Balance at Dec. 31, 2021					$ 85,389	$ (58,431)	$ 26,958
Balance (in Shares) at Dec. 31, 2021		35,780,335		1,034,000

[1]Net of issuance cost of approximately $219[2]Net of issuance cost of approximately $414[3]Net of issuance cost of approximately $1,028

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash flows from operating activities:
Net loss	$ (9,895)	$ (3,730)	$ (4,551)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	127	63	32
Share-based compensation	316	229	372
Exchange rate changes in cash and cash equivalents and deposit	5	(452)	(358)
Changes in assets and liabilities:
Increase in trade accounts receivable	(362)	(77)	168
Increase in inventory	(891)	(386)	(6)
Decrease (increase) in prepaid expenses and other receivables	(2,030)	121	(253)
Decrease (increase) in prepaid expenses and other long- term assets		17	(11)
Increase in right of use assets	(607)	(81)	(225)
Increase (Decrease) in trade accounts payable	236	217	(28)
Increase in lease liabilities	577	92	240
Increase (decrease) in other current liabilities	60	(135)	2,306
Increase (decrease) in other long-term liabilities	(141)	432	325
Net cash used in operating activities	(12,605)	(3,690)	(1,989)
Cash flows from investing activities:
Realization of (Investment in) deposits	4,621	(4,432)
Investment of restricted deposits	(296)	(15)
Purchase of property and equipment	(533)	(223)	(103)
Net cash provided by (used in) investing activities	3,792	(4,670)	(103)
Cash flows from financing activities:
Issuance of ordinary shares, net of issuance costs	14,586	5,847	3,309
Issuance of ordinary shares and pre- funded warrants, net of issuance costs	15,966
Exercise of options to ordinary shares	337	11
Net cash provided by financing activities	30,889	5,858	3,309
Increase (decrease) in cash and cash equivalents	22,076	(2,502)	1,217
Cash and cash equivalents beginning of the year	3,502	5,789	4,214
Effect of foreign exchange rate on cash and cash equivalents	43	215	358
Cash and cash equivalents end of the year	$ 25,621	$ 3,502	$ 5,789

General

General	12 Months Ended
General	Dec. 31, 2021
General Abstract
GENERAL	NOTE 1 - GENERAL A. Description of the Company: IceCure Medical Ltd. (“IceCure Medical Ltd.”, the “Company”, “we” or “our”) is a medical device Company incorporated in Israel. The Company’s ordinary shares are listed on the NASDAQ and Tel Aviv Stock Exchange. Since its establishment, IceCure Medical Ltd., and its wholly-owned subsidiaries, IceCure Medical Inc. in the United States (the “US Subsidiary”), IceCure Medical HK Limited, in Hong Kong (the “Hong Kong Subsidiary”) and IceCure (Shanghai) MedTech Co., Ltd. In China (the “Chinese Subsidiary, and together with the Company, the “Group”), have been engaged in the research, development and commercialization of minimally invasive medical devices for cryoablation (freezing) of tumors in the human body, using its propriety liquid nitrogen Cryoablation technology, as an alternative to surgical intervention to remove the tumor. The Company received regulatory approvals for marketing its products in the United States, Europe and other territories. The US Subsidiary was established on April 6, 2011 in the State of Delaware and is engaged in business development, marketing, clinical trial management and sale of the Company’s products in the United States. The Hong Kong Subsidiary was established on September 26, 2018 and commenced its activity in 2021. The Chinese Subsidiary was established on July 14, 2020, and is wholly owned by the Hong Kong Subsidiary. The Chinese Subsidiary in China commenced its operation on January 1, 2021 and is engaged in business development and obtaining regulatory approvals for the Company’s products. The Group activities are subject to significant risks and uncertainties, including failing to secure additional funding to commercialize its technology, obtaining regulatory approvals, developing its next generation systems and other risks. In addition, the Group is subject to risks from, among other things, competition associated with the industry in general, other risks associated with financing, liquidity requirements, rapidly changing customer requirements and limited operating history. B. Risk factors: Our ability to operate successfully is materially uncertain and our operations are subject to significant risks inherent in a developing business enterprise. Additional funding will be required to complete the Company’s research and development and clinical trials, to attain regulatory approvals, to continue our commercialization efforts and to achieve a level of sales adequate to support the Company’s cost structure. We will need to raise additional funds to meet our anticipated expenses so that we can execute our business plan. We expect to incur substantial and increasing net losses for the foreseeable future as we increase our spending to execute our development programs. The amount of financing required will depend on many factors including our research and development costs, our clinical trials, our commercialization efforts, and other working capital requirements. Our ability to access the capital markets, or to secure partnerships is mainly dependent on the progress of our research and development, our clinical trials, regulatory approval of our products and our success in commercialization of our products. C. Outbreak of 2019 Novel Coronavirus (“COVID-19”): On March 11, 2020, the World Health Organization categorized COVID-19 as a pandemic. As a result, in many countries around the world, including Israel, a series of measures were taken since its outbreak, to contain and reduce the spread of the COVID-19, including, among other things, imposing various restrictions on trading activity, closing borders, restricting gatherings, restricting movement, closing places of employment, etc. It should be noted that the Company, in its capacity as an essential service provider in Israel, in accordance with the addition to the Emergency Regulations (limiting the number of employees in the workplace to reduce the spread of the new COVID-19), has continued its business activities since the outbreak, as well as during closure periods, but with travel restrictions which affected its operations outside of Israel. Due to the burden on health systems and the fear of infection, medical institutions in certain territories have restricted elective procedures, including those related to the Company’s area of activity, face-to-face meetings, and on-site demonstrations. We still experience challenges in 2022, and expect to experience challenges, which are mainly related to increased costs of components and transportation, delays in shipments of materials by our suppliers, and disruption in access to new medical service providers and costumers. These disruptions might impact our operation and revenue. The Company examined and continues to examine the consequences of the outbreak, performs risk assessments and implements operational solutions to deal with the crisis. However, the extent of the impact of COVID-19 on the Company’s future results of operations and financial condition, will depend on certain developments, including the duration and spread of the outbreak, both in Israel and globally, all of which are uncertain and cannot be predicted at this point. D. Going Concern: As of December 31, 2021, the Company has accumulated losses of $58,431. In the year ended December 31, 2021, the Company generated losses of $9,895 and negative cash flows from operating activities of $12,605. To date, management expects the Company to continue to generate substantial operating losses and to continue to fund its operations primarily through utilization of its current financial resources, sales of its products, and through additional raises of capital. As of March 31, 2022, the Company’s cash, cash equivalents and short-term deposits were $22,335 thousand. Management expects that its cash, cash equivalents and short-term deposits as of the issuance date of the financial statements, will be sufficient for 12 months of operations.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
Summary of Significant Accounting Policies	Dec. 31, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). A. Use of estimates: The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Management believes that the estimates, judgments and assumptions used are reasonable based upon information available at the time they are made. Actual results could differ from those estimates. B. Financial statements in U.S. dollars and functional currency: The functional currency of the Company and its subsidiaries is the U.S dollar (“USD” or “dollar” or “$”) since the dollar is the currency of the primary economic environment in which the Company has operated and expects to continue to operate in the foreseeable future. Most of the Company’s revenues are derived from sales outside of Israel, which are based primarily on dollar. In addition, the majority of the Company’s equity raising is denominated in dollars. Thus, the functional currency of the Company and certain subsidiaries is the dollar. Transactions and balances denominated in dollars are presented at their original amounts. Transactions and balances denominated in foreign currencies have been re-measured to dollars in accordance with the provisions of Accounting Standards Codification (“ASC”) 830-10, “Foreign Currency Translation”. All transaction gains and losses from re-measurement of monetary balance sheet items denominated in non-dollar currencies are reflected in the statements of comprehensive loss as financial income or expenses, as appropriate. C. Principles of consolidation: The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated upon consolidation. Profits from intercompany sales, not yet realized outside the Group, were also eliminated. D. Cash and cash equivalents: Cash equivalents are short-term highly liquid investments that are readily convertible into cash with original maturities of three months or less. E. Trade Accounts Receivable: Accounts receivable are recorded at the invoiced amount, are unsecured and do not bear interest. Accounts receivable are stated at their net realizable value, net of allowances. The allowance for doubtful accounts is based on the Company’s periodic assessment of the collectability of the accounts based on a combination of factors including the payment terms of each account, its age, the collection history of each customer, and the customer’s financial condition. No doubtful accounts expense was recorded for the years ended December 31, 2021, 2020 and 2019. F. Inventories: Inventories are valued using the lower of cost and net realizable value, and include raw materials, work in progress and finished goods. The cost of inventories is determined as follows: Cost of raw materials is determined on a standard cost basis utilizing the weighted average cost of historical purchases, which approximates actual cost. Cost of work in progress (“WIP”) and finished goods are based on the standard cost method and determined on the cost of raw materials and subcontracted work, and the applicable share of the cost of labor on the weighted average cost basis which approximates actual cost. The Company regularly evaluates the value of inventory based on a combination of factors including the following: historical usage rates, product end of life dates, technological obsolescence and product introductions. G. Property and equipment: Property and equipment are stated at cost less accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated useful lives of the related assets. The annual depreciation rates are as follows: % Consoles and equipment 15 - 20 Computers and software 33 Office furniture and equipment 7 - 15 Leasehold improvements Over the shorter of the related lease period or the useful lives of the asset The Company periodically performs impairment testing on its long-lived assets either annually or whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. H. Leases: We determine if an arrangement is a lease at inception. Operating lease assets are presented as operating lease right of use (“ROU”) assets, and corresponding operating lease liabilities are presented as lease liabilities within current liabilities (current portions), and as long-term lease liabilities within non - current liabilities (long-term portions), on our consolidated balance sheets. Operating lease ROU assets and operating lease liabilities are recognized based on the present value of the remaining lease payments over the lease term at commencement date. The rate implicit in our leases are not reasonably determinable and, we use our incremental borrowing rate. We calculate the incremental borrowing rate to reflect the interest rate that we would have to pay to borrow on a collateralized basis an amount equal to the lease payments in a similar economic environment over a similar term, and consider our historical borrowing activities and market data in this determination. The operating lease ROU asset also includes any lease payments made and excludes lease incentives and initial direct costs incurred. Our lease terms may include options to extend the lease when it is reasonably certain that we will exercise that option. Lease expense is recognized on a straight-line basis over the lease term. Some of our leases contain variable lease payments, which are expensed as incurred unless those payments are based on an index or rate. Variable lease payments based on an index or rate are initially measured using the index or rate in effect at lease commencement and included in the measurement of the lease liability; thereafter, changes to lease payments due to rate or index updates are recorded as rent expense in the period incurred. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. In addition, we do not have any related party leases. I. Contingencies: The Company accounts for its contingent liabilities in accordance with Accounting Standards Codification (ASC) Topic 450, Contingencies (“ASC 450”). A provision is recorded when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. With respect to legal matters, provisions are reviewed and adjusted to reflect the impact of negotiations, estimated settlements, legal rulings, advice of legal counsel and other information and events pertaining to a particular matter. J. Revenue recognition: Revenue is measured as the amount of consideration the Company expects to be entitled to, in exchange for transferring products or providing services to its customers and is recognized when or as performance obligations under the terms of contracts with the Company’s customers are satisfied. ASC 606 prescribes a five-step model for recognizing revenue from contracts with customers: (i) identify contract(s) with the customer; (ii) identify the separate performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the separate performance obligations in the contract; and (v) recognize revenue when (or as) each performance obligation is satisfied. At contract inception, once the contract is determined to be within the scope of ASC 606, the Company assesses whether the goods or services promised within each contract are distinct and, therefore, represent a separate performance obligation. Goods and services that are determined not to be distinct are combined with other promised goods and services. The Company then allocates the transaction price (the amount of consideration the Company expects to be entitled to from a customer in exchange for the promised goods or services) to each performance obligation and recognizes the associated revenue when (or as) each performance obligation is satisfied. Revenues from product sales are recognized upon the transfer of control, which is generally upon shipment or delivery. Provisions for discounts, rebates and sales incentives to customers, returns and other adjustments are provided for in the period the related sales are recorded. Sales incentives to customers are not material. Revenues from product sales are recognized upon the transfer of control, which is generally upon shipment or delivery. Provisions for discounts, rebates and sales incentives to customers, returns and other adjustments are provided for in the period the related sales are recorded. Sales incentives to customers are not material. Deferred revenue represents amounts received by the Company for which the related revenues have not been recognized because one or more of the revenue recognition criteria have not been met. The current portion of deferred revenue represents the amount to be recognized within one year from the balance sheet date based on the estimated performance period of the underlying performance obligation. The noncurrent portion of deferred revenue represents amounts to be recognized after one year through the end of the performance period of the performance obligation. As of December 31, 2021, and 2020, the Company’s deferred revenue balance is $1,502 and $2,135 (out of which $884 and $1,376 are presented as current), respectively. For further analysis of the Company’s main revenue contract, see Note 11 below. K. Share-based compensation: The Company applies ASC 718, “Share-Based Payment,” which requires the measurement and recognition of compensation expense for all share-based payment awards, including stock options, made to employees and directors under the Company’s stock plans based on estimated fair values. ASC 718-10 requires companies to estimate the fair value of share-based payment awards on the date of grant. The portion of the share value of the award that is ultimately expected to vest is recognized as share-based compensation expense over the requisite service periods in the Company’s consolidated statements of comprehensive loss. The Company estimates the fair value of stock options granted using a Black-Scholes option-pricing model. The Black-Scholes option-pricing model requires a number of assumptions, the most significant of which are the expected stock-price volatility and the expected option term (the time from the grant date until the options are exercised or expire). The Company’s calculations of the expected volatility were based upon actual historical stock-price movements over the period, which was equal to the expected option term. The expected option term was calculated for options granted to employees and directors in accordance with ASC-718-10-S99, using the “simplified” method, and grants to non-employees were based on the contractual term. Historically, the Company has not paid dividends, and has no foreseeable plans to do so. The risk-free interest rate is based on the yield from Israel Treasury zero-coupon bonds with an equivalent term. Changes in the determination of each of the inputs can affect the fair value of the options granted and the results of operations of the Company. L. Research and development costs: Research and development costs are charged to the consolidated statements of comprehensive loss as incurred. Grants for funding of approved research and development projects are recognized at the time the Company is entitled to such grants, on the basis of the costs incurred and applied as a deduction from the research and development expenses. M. Severance pay: Under Israeli employment laws, all of the Company’s employees in Israel are included under Section 14 of the Severance Compensation Act, 1963 (“Section 14”). Pursuant to Section 14, these employees are entitled to monthly deposits at a rate of 8.33% of their monthly salary, made on their behalf by the Company. Payments in accordance with Section 14 exempt the Company from any future severance pay liabilities in respect of those employees. The aforementioned deposits are not recorded as an asset in the Company’s consolidated balance sheets. N. Treasury shares: Treasury shares are presented as a reduction of shareholders’ equity, at their cost to the Company, under “Treasury shares”. O. Income taxes: The Company accounts for income taxes utilizing the asset and liability method in accordance with ASC 740, “Income Taxes.” Current tax liabilities are recognized for the estimated taxes payable on tax returns for the current year. Deferred tax liabilities or assets are recognized for the estimated future tax effects attributable to temporary differences between the income-tax bases of assets and liabilities and their reported amounts in the consolidated financial statements and for tax loss carry forwards, and are measured using the enacted tax rates and laws, that will be in effect when the differences are expected to reverse. Measurement of current and deferred tax liabilities and assets is based on provisions of enacted tax laws, and deferred tax assets are reduced, if necessary, by the amount of tax benefits, the realization of which is not considered more likely than not based on available evidence. As of December 31, 2021, the Company had a full valuation allowance against deferred tax assets. ASC 740-10 requires a two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount that is more than 50% likely of being realized upon ultimate settlement. The Company has not recorded any liability for uncertain tax positions for the year ended December 31, 2021. P. Fair value of financial instruments: The Company applies ASC 820, “Fair Value Measurements and Disclosures” (“ASC 820”), pursuant to which fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (i.e., the “exit price”) in an orderly transaction between market participants at the measurement date. The accounting guidance establishes a three-tiered hierarchy, which prioritizes the inputs used in the valuation methodologies in measuring fair value: ● Level 1 – Quoted prices in active markets for identical assets or liabilities. ● Level 2 – Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; and ● Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. The fair value hierarchy also requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The carrying values of cash and cash equivalents, trade accounts receivable, prepaid expenses and other receivables, other long-term assets, trade accounts payable, other current liabilities and other long-term liabilities approximate their fair value due to the short-term maturity of these instruments. Q. Concentrations of credit risk: Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents, deposit and trade accounts receivables. The majority of the Company’s cash and cash equivalents and deposit are in USD in a major bank in Israel. The management believes that the financial institutions that hold the Company’s investments are corporations with high credit standing. Accordingly, management believes that low credit risk exists with respect to these financial investments. The trade accounts receivables of the Company are derived from sales to customers located primarily in the Americas, APAC, and Europe. The Company performs ongoing credit evaluations of its customers’ financial condition. Under certain circumstances, the Company may require advance payments. R. Segment Reporting: The chief operating decision maker (the “CODM”) of the Company is the Chief Executive Officer. The CODM reviews financial information presented on a consolidated basis for purposes of allocating resources and evaluating financial performance. Accordingly, management has determined that the Company operates in one reportable segment. S. Basic and diluted net loss per share: Basic net loss per share is computed based on the weighted-average number of ordinary shares outstanding during each year. Diluted net loss per share is computed based on the weighted-average number of ordinary shares outstanding during each year, plus the dilutive potential of the ordinary shares considered outstanding during the year, in accordance with ASC 260 - As of December 31, 2021, 1,034,000 of pre-funded warrants to purchase ordinary shares, issued in connection with the December 2021 underwritten public offering (see Note 10), were included in the basic and diluted net loss per share calculation in accordance with ASC260-10-45-13. T. Comprehensive loss: The purpose of reporting comprehensive income (loss) is to report a measure of all changes in equity of an entity that result from recognized transactions and other economic events of the period resulting from transactions from non-owner sources. U. Recently issued accounting pronouncements: From time to time, new accounting pronouncements are issued by FASB, or other standard setting bodies and adopted by the Company as of the specified effective date. Unless otherwise discussed, the impact of recently issued standards that are not yet effective will not have a material impact on our financial position or results of operations upon adoption. (1) In December 2019, the FASB issued ASU 2019-12, “Simplifying the Accounting for Income Taxes” (Topic 740) which eliminates the need for an organization to analyze whether the following apply in a given period: (1) exception to the incremental approach for intra-period tax allocation; (2) exceptions to accounting for basis differences when there are ownership changes in foreign investments; and (3) exceptions in interim period income tax accounting for year-to-date losses that exceed anticipated losses. The ASU also is designed to improve financial statement preparers’ application of income tax-related guidance and simplify GAAP for (1) franchise taxes that are partially based on income, (2) transactions with a government that result in a step-up in the tax basis of goodwill, (3) separate financial statements of legal entities that are not subject to tax, and (4) enacted changes in tax laws in interim periods. This guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2021, with early adoption permitted. The Company does not expect that the adoption of this standard will have a material impact on its financial position or results of operations. (2) In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which replaces the existing incurred loss impairment model with an expected credit loss model and requires a financial asset measured at amortized cost to be presented at the net amount expected to be collected. The guidance will be effective for the Company beginning January 1, 2023, and interim periods therein. Early adoption is permitted. The Company is currently evaluating the effect that ASU 2016-13 will have on its consolidated financial statements.

Deposit

Deposit	12 Months Ended
Deposit	Dec. 31, 2021
Deposit [Abstract]
DEPOSIT	NOTE 3 - DEPOSIT As of December 31, 2020, the amount represents a 6 months deposit bearing annual interest rate of 0.19%.

Inventory

Inventory	12 Months Ended
Inventory	Dec. 31, 2021
Inventory Disclosure [Abstract]
INVENTORY	NOTE 4 - INVENTORY Composition: As of As of December 31, December 31, 2021 2020 Raw materials 704 380 Work in progress 457 332 Finished goods 794 352 1,955 1,064

Prepaid Expenses and Other Rece

Prepaid Expenses and Other Receivables	12 Months Ended
Prepaid Expenses and Other Receivables	Dec. 31, 2021
Prepaid Expenses and Other Receivables [Abstract]
PREPAID EXPENSES AND OTHER RECEIVABLES	NOTE 5 - PREPAID EXPENSES AND OTHER RECEIVABLES Composition: As of As of December 31, December 31, 2021 2020 Tax authorities 128 71 Insurances 1,700 41 Prepaid expenses 275 47 Other 187 101 2,290 260

Leases

Leases	12 Months Ended
Leases	Dec. 31, 2021
Revenues [Abstract]
LEASES	NOTE 6 - LEASES On January 1, 2020, the Company expanded its leases from 494 square meters to approximately 581 square meters at a facility located in Caesarea, Israel, and extended its operating lease agreement for another 12 months until July 14, 2022, with additional option to extend until July 14, 2025. On August 10, 2021, the Company expanded its leases from 581 square meters to approximately 768 square meters at a facility located in Caesarea, Israel, and extended its operating lease agreement for another 12 months until July 31, 2023, with additional option to extend until July 31, 2026. To secure the lease payments, the Company provided a bank guarantee of $20. In addition, the Company leases vehicles under various operating lease agreements. As of December 31, 2021, and 2020, total ROU assets totaled to approximately $913 and $306 and the lease liabilities for operating leases totaled to approximately $909 and $332, respectively. Supplemental cash flow information related to operating leases was as follows: Year ended December 31, Year ended December 31, Year ended December 31, Cash payments for operating leases 247 185 132 The maturities of operating leases liabilities and the reconciliation of undiscounted cash flows of operating lease to operating lease liabilities as of December 31, 2021 was as follows: 2022 270 2023 241 2024 213 2025 196 2026 83 Undiscounted cash flows of operating leases 1,003 Less: amount representing interest (94 ) Operating lease liabilities 909 The weighted average lease term and weighted average discount rate as of December 31, 2021 was as follows: Operating leases weighted average remaining lease term 2.36 Operating leases weighted average discount rate 4.59 %

Property and Equipment, Net

Property and Equipment, Net	12 Months Ended
Property and Equipment, Net	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT, NET	NOTE 7 - PROPERTY AND EQUIPMENT, NET Composition: As of As of December 31, December 31, 2021 2020 Cost Consoles and equipment 567 198 Computers and software 211 142 Office furniture and equipment 100 65 Leasehold improvements 133 73 1,011 478 Less - accumulated depreciation Machines and equipment 119 62 Computers and software 114 67 Office furniture and equipment 37 30 Leasehold improvements 28 12 298 171 Property and Equipment, Net 713 307 Depreciation and amortization expenses for the years ended December 31, 2021, 2020 and 2019 were $127, $63 and $32 respectively.

Other Current Liabilities

Other Current Liabilities	12 Months Ended
Other Current Liabilities	Dec. 31, 2021
Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]
OTHER CURRENT LIABILITIES	NOTE 8 - OTHER CURRENT LIABILITIES Composition: As of As of December 31, December 31, 2021 2020 Deferred revenues 884 1,376 Provision for royalties to IIA 62 60 Payroll and social benefits 991 830 Vacation and recuperation provision 410 221 Accrued expenses and others 568 368 2,915 2,855

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 9 - COMMITMENTS AND CONTINGENCIES A. Israeli Innovation Authority (the “IIA”): The Company undertook to pay royalties to the IIA in respect of grants it received from the IIA for the years 2006 through 2014 for participation in research and development costs. According to the terms of the grants, the IIA was entitled to receive royalties at the rate of 3.5% of the revenue, up to the amount of the grants received, including accumulated interest. As of the second half of 2017, new provisions to the grant agreements have entered into force, which stipulate that small companies (up to an annual turnover of $70,000) will pay royalties at the rate of 3%. The liability to the IIA shown in Note 8 is calculated based on the Company’s revenue from products developed with grants from the IIA. As of December 31, 2021, based on the second median of 2021 revenue, the Company recorded a liability for royalties in an amount of $62. As of December 31, 2021, the Company has no open application for grants to the IIA. Total grants received by the Company, including accumulated interest, amounts to approximately $2,527 ($2,135 net of royalties paid). The grants are linked to the exchange rate of the dollar and bears interest of LIBOR per annum. B. Liens: The Company pledged a deposit in the amount of NIS 70 (approximately $20) to secure a bank guarantee issued in connection with a lease agreement. In addition, the Company pledged a deposit in the amount of $15 to secure a bank guarantee issued in connection with a credit card issued. The deposits are presented in the consolidated balance sheets as a non-current asset under “Prepaid expenses and other long-term assets”. The Company pledged a deposit in the amount of $296 to secure a bank guarantee issued in favor of a customer agreement. The deposits are presented in the consolidated balance sheets as a non-current asset under “Prepaid expenses and other long-term assets”. C. Class Action: (1) On July 5, 2021, the Company was informed that a Motion (hereinafter: ‘the motion’) to certify a claim as a Class Action was filed against it and the members of the Board of Directors, the controlling shareholder and the investors who took part in the private placement that was approved by the general meeting on March 7, 2021 (hereinafter: ‘the investors’). The Motion to Certify was filed with the Tel Aviv District court by a shareholder of the Company, (hereinafter: the ‘Plaintiff’). In the motion, the plaintiff claims, inter alia, that the Company made a private placement of securities to the controlling shareholder and the investors at a significant discount on the share price at that time, in which the share price did not reflect material information that was allegedly in the Company’s possession and which was also brought to the attention of the investors, and that there were alleged defects in the manner of approving the private placement at the meeting of the Company’s shareholders. The plaintiff estimated the amount of his individual claim at a sum of approximately NIS 30,000 (USD 9,191), the amount of the class action, insofar as it will be qualified as such, at a sum of approximately NIS 163,459 (USD 50,079) for the class damages that the plaintiff claims had their shares diluted unlawfully, and at a sum of approximately NIS 234,349 (USD 71,798), for damage that was supposedly caused to the shareholders due to a sale at less than the full market price. After a preliminary review of the motion, the Company believes that the motion is without merit and that the factual description and the data underlying the motion are incorrect and/or imprecise. (2) On July 29, 2021, the Company was informed that a motion to certify a claim as a Class Action was filed against it claiming that the Company’s reports filed on the TASE electronic filing site, the MAYA, and on the ISA electronic filing site, the MAGNA, are not in compliance with applicable accessibility guidelines, and therefore the Company prevents or reduces the access of people with disabilities to such reports. The claim is in the amount of NIS 5,000 (USD 1,541). As far as the Company is aware, this motion was filed against many companies that trade on the Tel Aviv Stock Exchange. On March 6, 2022, following a court hearing the court determined that the public companies will submit a joint response within 45 days.

Shareholders_ Equity

Shareholders’ Equity	12 Months Ended
Shareholders’ Equity	Dec. 31, 2021
Stockholders' Equity Note [Abstract]
SHAREHOLDERS’ EQUITY	NOTE 10 - SHAREHOLDERS’ EQUITY A. Ordinary shares: (1) The ordinary shares confer upon the holders the right to receive notice to participate and vote in general meetings of shareholders of the Company, the right to receive dividends, if declared, and the right to participate in the distribution of the surplus assets of the Company in an event of liquidation. (2) Public and private placements: On February 20, 2019, the Company raised $981 (gross) through a public offering of 528,000 ordinary shares at $1.84 per share. After deducting closing costs and fees, the Company received proceeds of approximately $933. On September 8, 2019, the Company raised $2,430 (gross) through a rights offering of its ordinary shares. According to the rights offering, each shareholder holding 6.875 ordinary shares of the Company was entitled to purchase one unit comprised of 1.25 ordinary shares, at a price of $13.44 per unit. Total of 180,142 rights comprised of 1,801,414 ordinary shares were issued. After deducting closing costs and fees, the Company received proceeds of approximately $2,375. On August 5, 2020, the Company raised $6,067 (gross) through a public offering of 5,175,000 ordinary shares at $1.168 per share. After deducting closing costs and fees, the Company received proceeds of approximately $5,847. On January 27, 2021, the Company entered, subject to the approval of the general meeting of shareholders, into a series of share purchase agreement with its controlling shareholder, Epoch Partner Investments Limited, for a total of $7,500, Alpha Capital Anstalt, for a total of $4,000, Clover Wolf Capital Limited Partnership for a total of $3,100 and Clover Alpha L.P for a total of $400. According to the agreements, the investors will invest in two tranches a total of $15,000, and in return the Company will issue to the investors a total of 11,485,697 ordinary shares at a share price of $1.304, reflecting a 20% discount on the average closing price of the Company’s share in the seven trading days preceding the date of the transaction’s approval by the Board. The first tranche of $9,000 (60% of the total investment) was received following the approval of the Company’s shareholders at a general meeting of the shareholders, on March 7, 2021 (“the first Closing Date”), and the Company issued 6,891,418 shares. The second tranche of $6,000 was due following the approval of the listing of the Company’s securities on Nasdaq (the “Second Closing Milestone” and such date, “the Second Closing Date”). In May 2021, the Company and the investors agreed to execute the second tranche prior to the achievement of the Second Closing Milestone, and the second tranche of $6,000 was received on May 9, 2021. Accordingly, the Company issued to the investors 4,594,279 shares. On December 13, 2021, the Company raised $16,994 (gross) through a public offering of 3,892,152 ordinary shares inclusive of 578,325 shares offered pursuant to the underwriters’ over-allotment option, at a price to the public of $3.45 per share, gross, and to certain investors in lieu of ordinary shares, pre-funded warrants to purchase up to an aggregate of 1,034,000 ordinary shares at a price of $3.449 per pre-funded warrant. The exercise price for each such pre-funded warrant to ordinary share is $0.001. After deducting closing costs underwriting discounts and fees, the Company received proceeds of approximately $15,966. The pre-funded warrants were classified as a component of permanent equity because they met the permanent equity criteria classification. The pre-funded warrants are freestanding financial instruments that are legally detachable and separately exercisable from the ordinary shares with which they were issued, are immediately exercisable and grant the holders the right to receive a fixed number of ordinary shares upon exercise. The pre-funded warrants do not embody an obligation for the Company to repurchase its shares and do not provide any guarantee of value or return. (3) On September 13, 2020 the Company’s general meeting of shareholders approved the increase of the Company’s authorized share capital to 2,500,000,000 shares and canceled the shares par value. (4) On August 8, 2021, the Company completed a reverse stock split of its ordinary shares. As a result of the reverse stock split, the following changes have occurred (i) every eight shares have been combined into one share; (ii) the number of shares underlying each option have been proportionately decreased on a 8-for-1 basis, and the exercise price of each such outstanding share option has been proportionately increased on a 8-for-1 basis. Accordingly, all option numbers, share numbers, share prices, exercise prices and losses per share have been adjusted within these consolidated financial statements, on a retroactive basis, to reflect this 8-for-1 reverse stock split. B. Treasury shares: In 2009, the Company has forfeited 5,434 ordinary shares at a value of approximately $41. In 2021, the Company has canceled these shares . C. Shares and options to employees: (1) The fair value of options granted was estimated using the Black-Scholes option pricing model, and based on the following assumptions: (2) For the year ended For the year ended For the year ended 2021 2020 2019 Exercise price $1.69 - $8.75 $1.56 - $1.77 $0.72 - $8.32 Expected volatility 89.8% - 96.1% 88.77% - 90.84% 96.33% - 110.4% Risk-free interest 0.67% - 1.02% 0.4% - 0.46% 1.03% - 2.54% Expected life of up to (years) 6.22 6.2 6.16 (3) The following table summarizes the option activity for the years ended December 31, 2021, 2020 and 2019 for options granted to employees, officers and members of the Company’s Board of Directors (“the Board”): Number of Weighted Average Weighted Balance as of January 1, 2019 1,008,001 $ 1.52 Granted 267,753 $ 1.76 Expired (3,139 ) $ 2.16 Balance as of December 31, 2019 1,272,615 $ 1.52 8.15 Granted 370,351 $ 1.60 Expired (35,788 ) $ 1.60 Forfeited (137,667 ) $ 1.68 Exercised (13,750 ) $ 0.88 Balance as of December 31, 2020 1,455,761 $ 1.68 7.69 Granted 108,929 $ 2.02 Expired (13,875 ) $ 2.94 Forfeited (24,635 ) $ 1.85 Exercised (189,700 ) $ 2.06 Balance as of December 31, 2021 1,336,480 $ 1.64 7.03 Exercisable at the end of year 858,994 $ 1.55 6.36 As of December 31, 2021, a total of 846,105 outstanding and exercisable options are “in the money” with aggregate intrinsic value of $1,321. The weighted average fair value of options granted during the year ended December 31, 2021, was $6.89 per share. (4) Options granted during 2021, 2020 and 2019: (a) On March 28, 2019, the Company granted 72,878 options to purchase an aggregate of 72,878 ordinary shares to 5 officers of the Company, as follows: 9,726 options for the Company’s Chief Executive Officer (“CEO”), and 63,152 options for four officers of the Company, at an exercise price of $2.16 per share. The CEO’s options will vest in 16 equal quarterly installments over a period of four years from the date of grant. The officer’s options will vest as follows: a quarter after one year and the rest will vest in 12 equal quarterly installments over a period of three years from March 28, 2020. The options are exercisable for 10 years from the date of grant. (b) On May 21, 2019, the Company granted 194,875 options to purchase an aggregate of 194,875 ordinary shares to 24 employees of the Company, as follows: 51,000 options for the Company’s CEO and Chairman of the Board, 48,000 options for three officers of the Company and 95,875 option for 19 employees of the Company, at an exercise price of $1.76 per share. The CEO’s and Chairman of the Board’s options will vest in 16 equal quarterly installments over a period of four years from the date of grant. The officer’s options will vest as follows: a quarter after one year and the rest will vest in 12 equal quarterly installments over a period of three years from May 21, 2020. The 19 employee’s options will vest in four equal installments over a period of four years from the date of grant. The options are exercisable for 10 years from the date of grant. (c) On June 4, 2020, the Company granted 142,594 options to purchase an aggregate of 142,594 ordinary shares to 27 employees of the Company, at an exercise price of $1.68 per share. The options will vest in four equal installments over a period of four years from the date of grant. The options are exercisable for 10 years from the date of grant. (d) On August 30, 2020, the Company granted 170,258 options to purchase an aggregate of 170,258 ordinary shares to six officers of the Company, as follows: 27,333 options for the Company’s CEO, and 142,925 options for five officers of the Company, at an exercise price of $1.52 per share. The CEO’s options will vest in 16 equal quarterly installments over a period of four years from the date of grant. The officer’s options will vest as follows: a quarter after one year and the rest will vest in 12 equally quarterly installments over a period of three years from August 30, 2021. The options are exercisable for 10 years from the date of grant. (e) On October 28, 2020, the Company granted 57,500 options to purchase an aggregate of 57,500 ordinary shares to 2 officers of the Company, as follows: 32,500 options for the Company’s CEO, and 25,000 options for the Chairman of the Board of Directors, at an exercise price of $1.60 per share. The options will vest as follows: a quarter after one year and the rest will vest in 12 equal quarterly installments over a period of three years from October 28, 2021. The options are exercisable for 10 years from the date of grant. (f) In January 2021, the Company granted 100,000 options to purchase an aggregate of 100,000 ordinary shares to a member of the Company’s Board of directors, at an exercise price of $1.60 per share. The options will vest as follows: a. 25,000 options - a quarter after one year and the rest will vest in 12 equal quarterly installments over a period of three years from December 13, 2020. b. 75,000 options- based on target achievement: i. 37,500 options will vest and become exercisable, on the date of receipt by the company of two regulatory approvals in China from the NMPA (National Medical Products Administration) for the marketing and sale of ProSense product and for the sale of probes of the company, and no later than December 31, 2022. ii. 37,500 options will vest and become exercisable, with the sale of a Consoles and Probes as determined in the options agreement in one calendar year in Chinese territory, and no later than the end of 2024. The options are exercisable for 10 years from the date of grant. (g) On April 28, 2021, the Company granted 8,929 options to purchase an aggregate of 8,929 ordinary shares to five officers of the Company, as follows: 4,319 options for the Company’s CEO, and 4,610 options for four officers, at an exercise price of $5.76 per share. The options will vest as follows: a quarter after one year and the rest will vest in 12 equal quarterly installments over a period of three years from April 28, 2022. The options are exercisable for 10 years from the date of grant. (4) The total share-based compensation the Company recognized for share-based payments is as follows: Year ended Year ended Year ended 2021 2020 2019 Cost of revenues 15 16 12 Sales and marketing 15 26 36 Research and development 109 67 151 General and administrative 177 120 173 316 229 372 As of December 31, 2021, the total unrecognized share-based compensation cost, related to non-vested share option grant arrangements under the plan was $217. This cost is expected to be recognized over the remaining vesting period of four years, until the end of December 31, 2025.

Revenues

Revenues	12 Months Ended
Revenues	Dec. 31, 2021
Revenues [Abstract]
REVENUES	NOTE 11 - REVENUES The Company’s revenues are derived primarily from the sale of consoles and disposables. Revenues from warranty and services are not material and therefore are included in revenue from consoles in the following table. Composition: Year ended Year ended Year ended 2021 2020 2019 Consoles 1,560 1,817 786 Disposables 1,208 1,006 493 Exclusive distribution agreement 1,370 1,045 348 4,138 3,868 1,627 For maintenance agreements that provide service beyond the Company’s standard warranty and other service agreements, revenue is recognized ratably over the contract term. A time-based measure of progress appropriately reflects the transfer of services to the customer. Payment terms between the Company and its customers vary by the type of customer and the country of sale. The term between invoicing and the payment due date is not significant. Exclusive distribution agreement in Japan On August 30, 2019, the Company entered into an exclusive distribution agreement with Terumo Corporation (“Terumo”), in which Terumo will be appointed as an exclusive distributor of the Company’s products in Japan and in Singapore. According to the agreement, Terumo will take full responsibility for registration, importing, marketing, selling, promoting, and distributing the Company’s products for cryoablation of breast cancer in Japan and Singapore. The agreement is for a period of five years from the date of the receipt of regulatory approvals for the sale of the Company’s products in Japan, which will be extended automatically for an additional period of five years each, unless either party notifies the other party of its intention to terminate the agreement at least one year prior to the end of the period of the agreement (either the initial five year period or any of the renewal periods). The agreement can be canceled in certain circumstances. Pursuant to the agreement, Terumo will be responsible and will bear the costs of performing the activities that are required, including clinical research, insofar as they may be required, for the purpose of receiving the regulatory approvals in Japan. As of December 31, 2021, the Company is unable to assess what will be required for the purpose of receiving such regulatory approvals. The Company assesses that, the timeframe for obtaining the regulatory approval in Japan is approximately between three to four years from the time of signing the agreement. In Singapore, the Company has regulatory approval for the sale of its products. The Company assessed the following promises in the contract in order to identify all relevant performance obligations: ● Sale of products (consoles and disposables); ● Providing technical regulatory and clinical materials and information for obtaining the regulatory approval; ● Assistance and support in submitting and obtaining the reimbursement approval from the Japanese Ministry of Health for the medical procedures; ● Stand ready obligation to keep providing the consoles and disposables throughout the contract term; and ● Providing exclusivity rights to Terumo. The Company assessed all of the aforementioned promises and identified 3 performance obligations as follows: (1) Selling products; (2) Providing technical regulatory and clinical materials and information and support services in obtaining the regulatory approval; and (3) Assistance and support in submitting and obtaining the reimbursement approval from the Japanese Ministry of Health for the medical procedures. The stand ready obligation and the exclusive rights were not recognized as separate performance obligations. The overall fixed consideration is as follows: (1) $1,000 were paid to the Company for an exclusive distribution rights and sharing of information for the purpose of a submission of a regulatory approval request to the Japanese regulatory authorities; and (2) $3,000 were paid to the Company as an advance payment, of which $1,500 were paid in 2019 and the remaining balance was paid in 2020. In addition, milestones have been set, for which, if met, the Company will receive the following amounts (that were identified by the Company as variable consideration): (1) $250 will be paid to the Company upon the submission of an application for regulatory approval for the products in Japan; (2) $250 will be paid to the Company upon the receipt of regulatory approval in Japan (considered as variable consideration); and (3) $500 will be paid to the Company upon the receipt of approval for medical reimbursement for the procedure in Japan (considered as variable consideration). The Company evaluated whether the aforementioned milestones are considered probable of being reached and estimates the amount to be included in the transaction price using the most likely amount method. If it is probable that a significant revenue reversal will not occur, the associated milestone value is included in the transaction price. The receipt of the regulatory approval and the receipt of approval for medical reimbursement milestone payments are not within the control of the Company or Terumo, and hence are not considered probable of being achieved until those approvals are received. However, the submission of the application for the regulatory approval milestone payment is considered probable of being achieved and thus the Company included this milestone payment in the allocation of the transaction price. A total amount of $4,250 was allocated to the identified performance obligations as follows: Consoles and disposables – $866 were allocated based on sale price of these products to similar customers in similar contracts Submission of an application for regulatory approval – $250 were allocated based on a standalone selling price of the submission fee. Assistance in obtaining the regulatory approval – $3,134 were allocated based on the residual approach since the Company has not yet established a price for this service and has not sold it on a standalone basis The Company recognizes revenues from sales of consoles and disposables when the control is transferred to Terumo and recognizes revenue from assistance in obtaining the regulatory approval over the estimated period as evaluated by the Company. As of December 31, 2021, the Company has received $4,000 of the total consideration, of which $3,179 was recognized as revenue.

Cost of Revenues

Cost of Revenues	12 Months Ended
Cost of Revenues	Dec. 31, 2021
Cost of Revenues [Abstract]
COST OF REVENUES	NOTE 12 - COST OF REVENUES Composition: Year ended Year ended Year ended 2021 2020 2019 Payroll and related benefits (including share-based compensation) 796 655 473 Raw materials subcontractors and auxiliary materials 828 461 389 Shipping 50 39 69 Royalties to the IIA 123 116 48 Others 146 153 124 1,943 1,424 1,103

Research and Development Expens

Research and Development Expenses	12 Months Ended
Research and Development Expenses	Dec. 31, 2021
Schedule of Research and Development Expenses [Abstract]
RESEARCH AND DEVELOPMENT EXPENSES	NOTE 13 - RESEARCH AND DEVELOPMENT EXPENSES Composition: Year ended Year ended Year ended 2021 2020 2019 Payroll and related benefits (including share-based compensation) 3,748 2,273 1,730 Raw materials subcontracted work and consulting 1,440 1,058 866 Others 689 478 405 5,877 3,809 3,001

Sales and Marketing Expenses

Sales and Marketing Expenses	12 Months Ended
Sales and Marketing Expenses	Dec. 31, 2021
Sales and Marketing Expenses [Abstract]
SALES AND MARKETING EXPENSES	NOTE 14 - SALES AND MARKETING EXPENSES Composition: Year ended Year ended Year ended 2021 2020 2019 Payroll and related benefits (including share-based compensation) 1,036 576 403 Consulting and professional services 215 157 150 Travel 126 29 167 Advertising and promotion expenses 60 36 41 Sales commissions 60 57 33 Others 420 208 241 1,917 1,063 1,035

General and Administrative Expe

General and Administrative Expenses	12 Months Ended
General and Administrative Expenses	Dec. 31, 2021
General And Administrative Expenses Abstract
GENERAL AND ADMINISTRATIVE EXPENSES	NOTE 15 - GENERAL AND ADMINISTRATIVE EXPENSES Composition: Year ended Year ended Year ended 2021 2020 2019 Payroll and related benefits (including share-based compensation) 1,403 965 833 Professional services 2,440 611 347 Others 282 138 92 4,125 1,714 1,272

Taxes on Income

Taxes on Income	12 Months Ended
Taxes on Income	Dec. 31, 2021
Income Tax Disclosure [Abstract]
TAXES ON INCOME	NOTE 16 - TAXES ON INCOME A. General: The Company is assessed for tax purposes on an unconsolidated basis. Each of the Company’s subsidiaries is subject to the tax rules prevailing in its country of incorporation. B. Corporate Taxation: The Company is subject to Israeli corporate tax rate of 23% for the years ended December 31, 2021, 2020 and 2019 . The US subsidiary is subject to U.S. federal tax rate of 21% for the years ended December 31, 2021, 2020 and 2019. The China subsidiary is subject to China tax rate of 2.5% up to taxable income of one million RMB, 10% on taxable income between one million RMB to three million RMB and 25% on taxable income higher than three million RMB, for the year ended December 31, 2021. C. Net loss carryforward: As of December 31, 2021, the Company has an accumulated tax loss carryforward of approximately $61,361 in Israel, which may be carried forward and offset against taxable income in the future for an indefinite period. D. Tax assessments The Company received final tax assessments in Israel through the year ended December 31, 2015. E. Deferred income taxes: Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s deferred tax assets are as follows: As of As of 2021 2020 Net loss carryforward 14,113 11,995 Other reserves and allowance 94 51 Total deferred tax assets 14,207 12,046 Valuation allowance (14,207 ) (12,046 ) Net deferred tax asset - - As of December 31, 2021, the Company has provided valuation allowances of $14,207 in respect of deferred tax assets resulting from tax loss carryforward and other temporary differences. Management currently believes that because the Company has a history of losses, it is more likely than not that the deferred tax regarding the loss carryforward and other temporary differences will not be realized in the foreseeable future. F. Effective tax expense (benefit): The components of loss before tax and a reconciliation of the Company’s tax expense to the Company’s theoretical statutory tax benefit is as follows: Year ended Year ended Year ended 2021 2020 2019 Loss (profit) before taxes: Local 10,081 3,735 4,555 Foreign 1 (186 ) (5 ) (4 ) Net loss, as reported in the consolidated statements of comprehensive loss 9,895 3,730 4,551 Israeli statutory income tax rate 23 % 23 % 23 % Theoretical tax benefit 2,276 858 1,047 Losses and other items for which a valuation allowance was provided or benefit from loss carryforwards (2,161 ) (858 ) (1,047 ) Other (115 ) - - Income tax expense - - - 1 Foreign is amount related to the US & China Subsidiaries.

Geographic and Significant Cust

Geographic and Significant Customer Information	12 Months Ended
Geographic and Significant Customer Information	Dec. 31, 2021
Geographic and Significant Customer Information [Abstract]
GEOGRAPHIC AND SIGNIFICANT CUSTOMER INFORMATION	NOTE 17 - GEOGRAPHIC AND SIGNIFICANT CUSTOMER INFORMATION The Company has identified one reportable and operating segment that designs, develops, manufactures and markets Cryoablation medical devices. The results of operations provided to and analyzed by the CODM are at the consolidated level and accordingly, key resources and assessments of performance are performed at the consolidated level. We continue to evaluate our internal reporting structure and the potential impact of any changes on our segment reporting. The following table sets forth reporting revenue information by geographic region: Year ended Year ended Year ended 2021 2020 2019 Israel 108 7 65 Japan 1,380 2,097 512 United States 471 276 231 China - - 220 Thailand 964 528 211 Other 2 1,215 960 388 4,138 3,868 1,627 The following table sets forth reporting property and equipment information by geographic region: As of As of 2021 2020 Israel 622 305 United States 91 2 713 307 The following table is a summary of customer concentrations as a percentage of revenue: Year ended Year ended Year ended 2021 2020 2019 Customer A 30 % 47 % 21 % Customer B * 14 % - Customer C 23 % - - Customer D 11 % * 14 % * Lower than 10% 2 No country represented is greater than 10% of our revenue as of the years presented, other than the countries presented above.

Subsequent Events

Subsequent Events	12 Months Ended
Subsequent Events	Dec. 31, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 18 - SUBSEQUENT EVENTS The following are the significant events that took place subsequent to December 31, 2021: On January 12, 2022, the Company granted 1,720,660 options to purchase an aggregate of 1,720,660 ordinary shares to 59 optionees of the Company, as follows: 333,992 options to the Company’s CEO, the Chairman of the Board and a member of the board, 443,674 options to five officers of the Company and 942,994 options to 51 employees of the Company, at an exercise price of $3.63 per share. The options granted to the CEO, chairman of the board, board member and the officers will vest as follows: a quarter after one year and the rest will vest in 12 equal quarterly installments over a period of three years from January 12, 2022. The options granted to the 51 employees will vest in four equal installments over a period of four years from the date of grant. The options are exercisable for 10 years from the date of grant. On March 23, 2022, the Company granted 30,434 options to purchase an aggregate of 30,434 ordinary shares to five officers of the Company, as follows: 13,720 options for the Company’s CEO, and 16,714 options for four officers, at an exercise price of $1.98 per share. The options will vest as follows: a quarter after one year and the rest will vest in 12 equal quarterly installments over a period of three years from March 23, 2022. The options are exercisable for 10 years from the date of grant.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
Accounting Policies, by Policy (Policies)	Dec. 31, 2021
Accounting Policies [Abstract]
Use of estimates	A. Use of estimates: The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Management believes that the estimates, judgments and assumptions used are reasonable based upon information available at the time they are made. Actual results could differ from those estimates.
Financial statements in U.S. dollars and functional currency	B. Financial statements in U.S. dollars and functional currency: The functional currency of the Company and its subsidiaries is the U.S dollar (“USD” or “dollar” or “$”) since the dollar is the currency of the primary economic environment in which the Company has operated and expects to continue to operate in the foreseeable future. Most of the Company’s revenues are derived from sales outside of Israel, which are based primarily on dollar. In addition, the majority of the Company’s equity raising is denominated in dollars. Thus, the functional currency of the Company and certain subsidiaries is the dollar. Transactions and balances denominated in dollars are presented at their original amounts. Transactions and balances denominated in foreign currencies have been re-measured to dollars in accordance with the provisions of Accounting Standards Codification (“ASC”) 830-10, “Foreign Currency Translation”. All transaction gains and losses from re-measurement of monetary balance sheet items denominated in non-dollar currencies are reflected in the statements of comprehensive loss as financial income or expenses, as appropriate.
Principles of consolidation	C. Principles of consolidation: The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated upon consolidation. Profits from intercompany sales, not yet realized outside the Group, were also eliminated.
Cash and cash equivalents	D. Cash and cash equivalents: Cash equivalents are short-term highly liquid investments that are readily convertible into cash with original maturities of three months or less.
Trade Accounts Receivable	E. Trade Accounts Receivable: Accounts receivable are recorded at the invoiced amount, are unsecured and do not bear interest. Accounts receivable are stated at their net realizable value, net of allowances. The allowance for doubtful accounts is based on the Company’s periodic assessment of the collectability of the accounts based on a combination of factors including the payment terms of each account, its age, the collection history of each customer, and the customer’s financial condition. No doubtful accounts expense was recorded for the years ended December 31, 2021, 2020 and 2019.
Inventories	F. Inventories: Inventories are valued using the lower of cost and net realizable value, and include raw materials, work in progress and finished goods. The cost of inventories is determined as follows: Cost of raw materials is determined on a standard cost basis utilizing the weighted average cost of historical purchases, which approximates actual cost. Cost of work in progress (“WIP”) and finished goods are based on the standard cost method and determined on the cost of raw materials and subcontracted work, and the applicable share of the cost of labor on the weighted average cost basis which approximates actual cost. The Company regularly evaluates the value of inventory based on a combination of factors including the following: historical usage rates, product end of life dates, technological obsolescence and product introductions.
Property and equipment	G. Property and equipment: Property and equipment are stated at cost less accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated useful lives of the related assets. The annual depreciation rates are as follows: % Consoles and equipment 15 - 20 Computers and software 33 Office furniture and equipment 7 - 15 Leasehold improvements Over the shorter of the related lease period or the useful lives of the asset The Company periodically performs impairment testing on its long-lived assets either annually or whenever events or changes in circumstances indicate that the carrying amount may not be recoverable.
Leases	H. Leases: We determine if an arrangement is a lease at inception. Operating lease assets are presented as operating lease right of use (“ROU”) assets, and corresponding operating lease liabilities are presented as lease liabilities within current liabilities (current portions), and as long-term lease liabilities within non - current liabilities (long-term portions), on our consolidated balance sheets. Operating lease ROU assets and operating lease liabilities are recognized based on the present value of the remaining lease payments over the lease term at commencement date. The rate implicit in our leases are not reasonably determinable and, we use our incremental borrowing rate. We calculate the incremental borrowing rate to reflect the interest rate that we would have to pay to borrow on a collateralized basis an amount equal to the lease payments in a similar economic environment over a similar term, and consider our historical borrowing activities and market data in this determination. The operating lease ROU asset also includes any lease payments made and excludes lease incentives and initial direct costs incurred. Our lease terms may include options to extend the lease when it is reasonably certain that we will exercise that option. Lease expense is recognized on a straight-line basis over the lease term. Some of our leases contain variable lease payments, which are expensed as incurred unless those payments are based on an index or rate. Variable lease payments based on an index or rate are initially measured using the index or rate in effect at lease commencement and included in the measurement of the lease liability; thereafter, changes to lease payments due to rate or index updates are recorded as rent expense in the period incurred. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. In addition, we do not have any related party leases.
Contingencies	I. Contingencies: The Company accounts for its contingent liabilities in accordance with Accounting Standards Codification (ASC) Topic 450, Contingencies (“ASC 450”). A provision is recorded when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. With respect to legal matters, provisions are reviewed and adjusted to reflect the impact of negotiations, estimated settlements, legal rulings, advice of legal counsel and other information and events pertaining to a particular matter.
Revenue recognition	J. Revenue recognition: Revenue is measured as the amount of consideration the Company expects to be entitled to, in exchange for transferring products or providing services to its customers and is recognized when or as performance obligations under the terms of contracts with the Company’s customers are satisfied. ASC 606 prescribes a five-step model for recognizing revenue from contracts with customers: (i) identify contract(s) with the customer; (ii) identify the separate performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the separate performance obligations in the contract; and (v) recognize revenue when (or as) each performance obligation is satisfied. At contract inception, once the contract is determined to be within the scope of ASC 606, the Company assesses whether the goods or services promised within each contract are distinct and, therefore, represent a separate performance obligation. Goods and services that are determined not to be distinct are combined with other promised goods and services. The Company then allocates the transaction price (the amount of consideration the Company expects to be entitled to from a customer in exchange for the promised goods or services) to each performance obligation and recognizes the associated revenue when (or as) each performance obligation is satisfied. Revenues from product sales are recognized upon the transfer of control, which is generally upon shipment or delivery. Provisions for discounts, rebates and sales incentives to customers, returns and other adjustments are provided for in the period the related sales are recorded. Sales incentives to customers are not material. Revenues from product sales are recognized upon the transfer of control, which is generally upon shipment or delivery. Provisions for discounts, rebates and sales incentives to customers, returns and other adjustments are provided for in the period the related sales are recorded. Sales incentives to customers are not material. Deferred revenue represents amounts received by the Company for which the related revenues have not been recognized because one or more of the revenue recognition criteria have not been met. The current portion of deferred revenue represents the amount to be recognized within one year from the balance sheet date based on the estimated performance period of the underlying performance obligation. The noncurrent portion of deferred revenue represents amounts to be recognized after one year through the end of the performance period of the performance obligation. As of December 31, 2021, and 2020, the Company’s deferred revenue balance is $1,502 and $2,135 (out of which $884 and $1,376 are presented as current), respectively. For further analysis of the Company’s main revenue contract, see Note 11 below.
Share-based compensation	K. Share-based compensation: The Company applies ASC 718, “Share-Based Payment,” which requires the measurement and recognition of compensation expense for all share-based payment awards, including stock options, made to employees and directors under the Company’s stock plans based on estimated fair values. ASC 718-10 requires companies to estimate the fair value of share-based payment awards on the date of grant. The portion of the share value of the award that is ultimately expected to vest is recognized as share-based compensation expense over the requisite service periods in the Company’s consolidated statements of comprehensive loss. The Company estimates the fair value of stock options granted using a Black-Scholes option-pricing model. The Black-Scholes option-pricing model requires a number of assumptions, the most significant of which are the expected stock-price volatility and the expected option term (the time from the grant date until the options are exercised or expire). The Company’s calculations of the expected volatility were based upon actual historical stock-price movements over the period, which was equal to the expected option term. The expected option term was calculated for options granted to employees and directors in accordance with ASC-718-10-S99, using the “simplified” method, and grants to non-employees were based on the contractual term. Historically, the Company has not paid dividends, and has no foreseeable plans to do so. The risk-free interest rate is based on the yield from Israel Treasury zero-coupon bonds with an equivalent term. Changes in the determination of each of the inputs can affect the fair value of the options granted and the results of operations of the Company.
Research and development costs	L. Research and development costs: Research and development costs are charged to the consolidated statements of comprehensive loss as incurred. Grants for funding of approved research and development projects are recognized at the time the Company is entitled to such grants, on the basis of the costs incurred and applied as a deduction from the research and development expenses.
Severance pay	M. Severance pay: Under Israeli employment laws, all of the Company’s employees in Israel are included under Section 14 of the Severance Compensation Act, 1963 (“Section 14”). Pursuant to Section 14, these employees are entitled to monthly deposits at a rate of 8.33% of their monthly salary, made on their behalf by the Company. Payments in accordance with Section 14 exempt the Company from any future severance pay liabilities in respect of those employees. The aforementioned deposits are not recorded as an asset in the Company’s consolidated balance sheets.
Treasury shares	N. Treasury shares: Treasury shares are presented as a reduction of shareholders’ equity, at their cost to the Company, under “Treasury shares”.
Income taxes	O. Income taxes: The Company accounts for income taxes utilizing the asset and liability method in accordance with ASC 740, “Income Taxes.” Current tax liabilities are recognized for the estimated taxes payable on tax returns for the current year. Deferred tax liabilities or assets are recognized for the estimated future tax effects attributable to temporary differences between the income-tax bases of assets and liabilities and their reported amounts in the consolidated financial statements and for tax loss carry forwards, and are measured using the enacted tax rates and laws, that will be in effect when the differences are expected to reverse. Measurement of current and deferred tax liabilities and assets is based on provisions of enacted tax laws, and deferred tax assets are reduced, if necessary, by the amount of tax benefits, the realization of which is not considered more likely than not based on available evidence. As of December 31, 2021, the Company had a full valuation allowance against deferred tax assets. ASC 740-10 requires a two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount that is more than 50% likely of being realized upon ultimate settlement. The Company has not recorded any liability for uncertain tax positions for the year ended December 31, 2021.
Fair value of financial instruments	P. Fair value of financial instruments: The Company applies ASC 820, “Fair Value Measurements and Disclosures” (“ASC 820”), pursuant to which fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (i.e., the “exit price”) in an orderly transaction between market participants at the measurement date. The accounting guidance establishes a three-tiered hierarchy, which prioritizes the inputs used in the valuation methodologies in measuring fair value: ● Level 1 – Quoted prices in active markets for identical assets or liabilities. ● Level 2 – Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; and ● Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. The fair value hierarchy also requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The carrying values of cash and cash equivalents, trade accounts receivable, prepaid expenses and other receivables, other long-term assets, trade accounts payable, other current liabilities and other long-term liabilities approximate their fair value due to the short-term maturity of these instruments.
Concentrations of credit risk	Q. Concentrations of credit risk: Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents, deposit and trade accounts receivables. The majority of the Company’s cash and cash equivalents and deposit are in USD in a major bank in Israel. The management believes that the financial institutions that hold the Company’s investments are corporations with high credit standing. Accordingly, management believes that low credit risk exists with respect to these financial investments. The trade accounts receivables of the Company are derived from sales to customers located primarily in the Americas, APAC, and Europe. The Company performs ongoing credit evaluations of its customers’ financial condition. Under certain circumstances, the Company may require advance payments.
Segment Reporting	R. Segment Reporting: The chief operating decision maker (the “CODM”) of the Company is the Chief Executive Officer. The CODM reviews financial information presented on a consolidated basis for purposes of allocating resources and evaluating financial performance. Accordingly, management has determined that the Company operates in one reportable segment.
Basic and diluted net loss per share	S. Basic and diluted net loss per share: Basic net loss per share is computed based on the weighted-average number of ordinary shares outstanding during each year. Diluted net loss per share is computed based on the weighted-average number of ordinary shares outstanding during each year, plus the dilutive potential of the ordinary shares considered outstanding during the year, in accordance with ASC 260 - As of December 31, 2021, 1,034,000 of pre-funded warrants to purchase ordinary shares, issued in connection with the December 2021 underwritten public offering (see Note 10), were included in the basic and diluted net loss per share calculation in accordance with ASC260-10-45-13.
Comprehensive loss	T. Comprehensive loss: The purpose of reporting comprehensive income (loss) is to report a measure of all changes in equity of an entity that result from recognized transactions and other economic events of the period resulting from transactions from non-owner sources.
Recently issued accounting pronouncements	U. Recently issued accounting pronouncements: From time to time, new accounting pronouncements are issued by FASB, or other standard setting bodies and adopted by the Company as of the specified effective date. Unless otherwise discussed, the impact of recently issued standards that are not yet effective will not have a material impact on our financial position or results of operations upon adoption. (1) In December 2019, the FASB issued ASU 2019-12, “Simplifying the Accounting for Income Taxes” (Topic 740) which eliminates the need for an organization to analyze whether the following apply in a given period: (1) exception to the incremental approach for intra-period tax allocation; (2) exceptions to accounting for basis differences when there are ownership changes in foreign investments; and (3) exceptions in interim period income tax accounting for year-to-date losses that exceed anticipated losses. The ASU also is designed to improve financial statement preparers’ application of income tax-related guidance and simplify GAAP for (1) franchise taxes that are partially based on income, (2) transactions with a government that result in a step-up in the tax basis of goodwill, (3) separate financial statements of legal entities that are not subject to tax, and (4) enacted changes in tax laws in interim periods. This guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2021, with early adoption permitted. The Company does not expect that the adoption of this standard will have a material impact on its financial position or results of operations. (2) In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which replaces the existing incurred loss impairment model with an expected credit loss model and requires a financial asset measured at amortized cost to be presented at the net amount expected to be collected. The guidance will be effective for the Company beginning January 1, 2023, and interim periods therein. Early adoption is permitted. The Company is currently evaluating the effect that ASU 2016-13 will have on its consolidated financial statements.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Tables)	12 Months Ended
Summary of Significant Accounting Policies (Tables)	Dec. 31, 2021
Accounting Policies [Abstract]
Schedule of annual depreciation rates	% Consoles and equipment 15 - 20 Computers and software 33 Office furniture and equipment 7 - 15 Leasehold improvements Over the shorter of the related lease period or the useful lives of the asset

Inventory (Tables)

Inventory (Tables)	12 Months Ended
Inventory (Tables)	Dec. 31, 2021
Inventory Disclosure [Abstract]
Schedule of composition	As of As of December 31, December 31, 2021 2020 Raw materials 704 380 Work in progress 457 332 Finished goods 794 352 1,955 1,064

Prepaid Expenses and Other Re_2

Prepaid Expenses and Other Receivables (Tables)	12 Months Ended
Prepaid Expenses and Other Receivables (Tables)	Dec. 31, 2021
Prepaid Expenses and Other Receivables [Abstract]
Schedule of prepaid expenses and other receivables	As of As of December 31, December 31, 2021 2020 Tax authorities 128 71 Insurances 1,700 41 Prepaid expenses 275 47 Other 187 101 2,290 260

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Dec. 31, 2021
Revenues [Abstract]
Schedule of supplemental cash flow	Year ended December 31, Year ended December 31, Year ended December 31, Cash payments for operating leases 247 185 132
Schedule of operating leases liabilities and the reconciliation of undiscounted cash flows	2022 270 2023 241 2024 213 2025 196 2026 83 Undiscounted cash flows of operating leases 1,003 Less: amount representing interest (94 ) Operating lease liabilities 909
Schedule of weighted average lease term and weighted average discount rate	Operating leases weighted average remaining lease term 2.36 Operating leases weighted average discount rate 4.59 %

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	12 Months Ended
Property and Equipment, Net (Tables)	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Schedule of composition property and equipment, net	As of As of December 31, December 31, 2021 2020 Cost Consoles and equipment 567 198 Computers and software 211 142 Office furniture and equipment 100 65 Leasehold improvements 133 73 1,011 478 Less - accumulated depreciation Machines and equipment 119 62 Computers and software 114 67 Office furniture and equipment 37 30 Leasehold improvements 28 12 298 171 Property and Equipment, Net 713 307

Other Current Liabilities (Tabl

Other Current Liabilities (Tables)	12 Months Ended
Other Current Liabilities (Tables)	Dec. 31, 2021
Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]
Schedule of other current liabilities	As of As of December 31, December 31, 2021 2020 Deferred revenues 884 1,376 Provision for royalties to IIA 62 60 Payroll and social benefits 991 830 Vacation and recuperation provision 410 221 Accrued expenses and others 568 368 2,915 2,855

Shareholders_ Equity (Tables)

Shareholders’ Equity (Tables)	12 Months Ended
Shareholders’ Equity (Tables)	Dec. 31, 2021
Stockholders' Equity Note [Abstract]
Schedule of fair value of options granted was estimated using the Black-Scholes option pricing model	For the year ended For the year ended For the year ended 2021 2020 2019 Exercise price $1.69 - $8.75 $1.56 - $1.77 $0.72 - $8.32 Expected volatility 89.8% - 96.1% 88.77% - 90.84% 96.33% - 110.4% Risk-free interest 0.67% - 1.02% 0.4% - 0.46% 1.03% - 2.54% Expected life of up to (years) 6.22 6.2 6.16
Schedule of option activity	Number of Weighted Average Weighted Balance as of January 1, 2019 1,008,001 $ 1.52 Granted 267,753 $ 1.76 Expired (3,139 ) $ 2.16 Balance as of December 31, 2019 1,272,615 $ 1.52 8.15 Granted 370,351 $ 1.60 Expired (35,788 ) $ 1.60 Forfeited (137,667 ) $ 1.68 Exercised (13,750 ) $ 0.88 Balance as of December 31, 2020 1,455,761 $ 1.68 7.69 Granted 108,929 $ 2.02 Expired (13,875 ) $ 2.94 Forfeited (24,635 ) $ 1.85 Exercised (189,700 ) $ 2.06 Balance as of December 31, 2021 1,336,480 $ 1.64 7.03 Exercisable at the end of year 858,994 $ 1.55 6.36
Schedule of share-based compensation the company recognized for share-based payments	Year ended Year ended Year ended 2021 2020 2019 Cost of revenues 15 16 12 Sales and marketing 15 26 36 Research and development 109 67 151 General and administrative 177 120 173 316 229 372

Revenues (Tables)

Revenues (Tables)	12 Months Ended
Revenues (Tables)	Dec. 31, 2021
Revenues [Abstract]
Schedule of composition	Year ended Year ended Year ended 2021 2020 2019 Consoles 1,560 1,817 786 Disposables 1,208 1,006 493 Exclusive distribution agreement 1,370 1,045 348 4,138 3,868 1,627

Cost of Revenues (Tables)

Cost of Revenues (Tables)	12 Months Ended
Cost of Revenues (Tables)	Dec. 31, 2021
Cost of Revenues [Abstract]
Schedule of cost of revenues	Year ended Year ended Year ended 2021 2020 2019 Payroll and related benefits (including share-based compensation) 796 655 473 Raw materials subcontractors and auxiliary materials 828 461 389 Shipping 50 39 69 Royalties to the IIA 123 116 48 Others 146 153 124 1,943 1,424 1,103

Research and Development Expe_2

Research and Development Expenses (Tables)	12 Months Ended
Research and Development Expenses (Tables)	Dec. 31, 2021
Schedule of Research and Development Expenses [Abstract]
Schedule of research and development expenses	Year ended Year ended Year ended 2021 2020 2019 Payroll and related benefits (including share-based compensation) 3,748 2,273 1,730 Raw materials subcontracted work and consulting 1,440 1,058 866 Others 689 478 405 5,877 3,809 3,001

Sales and Marketing Expenses (T

Sales and Marketing Expenses (Tables)	12 Months Ended
Sales and Marketing Expenses (Tables)	Dec. 31, 2021
Sales and Marketing Expenses [Abstract]
Schedule of sales and marketing expenses	Year ended Year ended Year ended 2021 2020 2019 Payroll and related benefits (including share-based compensation) 1,036 576 403 Consulting and professional services 215 157 150 Travel 126 29 167 Advertising and promotion expenses 60 36 41 Sales commissions 60 57 33 Others 420 208 241 1,917 1,063 1,035

General and Administrative Ex_2

General and Administrative Expenses (Tables)	12 Months Ended
General and Administrative Expenses (Tables)	Dec. 31, 2021
Schedule of General and Administrative Expenses [Abstract]
Schedule of general and administrative expenses	Year ended Year ended Year ended 2021 2020 2019 Payroll and related benefits (including share-based compensation) 1,403 965 833 Professional services 2,440 611 347 Others 282 138 92 4,125 1,714 1,272

Taxes on Income (Tables)

Taxes on Income (Tables)	12 Months Ended
Taxes on Income (Tables)	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Schedule of deferred tax assets	As of As of 2021 2020 Net loss carryforward 14,113 11,995 Other reserves and allowance 94 51 Total deferred tax assets 14,207 12,046 Valuation allowance (14,207 ) (12,046 ) Net deferred tax asset - -
Schedule of loss before tax and a reconciliation	Year ended Year ended Year ended 2021 2020 2019 Loss (profit) before taxes: Local 10,081 3,735 4,555 Foreign 1 (186 ) (5 ) (4 ) Net loss, as reported in the consolidated statements of comprehensive loss 9,895 3,730 4,551 Israeli statutory income tax rate 23 % 23 % 23 % Theoretical tax benefit 2,276 858 1,047 Losses and other items for which a valuation allowance was provided or benefit from loss carryforwards (2,161 ) (858 ) (1,047 ) Other (115 ) - - Income tax expense - - - 1 Foreign is amount related to the US & China Subsidiaries.

Geographic and Significant Cu_2

Geographic and Significant Customer Information (Tables)	12 Months Ended
Geographic and Significant Customer Information (Tables)	Dec. 31, 2021
Geographic and Significant Customer Information [Abstract]
Schedule of sets forth reporting revenue information	Year ended Year ended Year ended 2021 2020 2019 Israel 108 7 65 Japan 1,380 2,097 512 United States 471 276 231 China - - 220 Thailand 964 528 211 Other 2 1,215 960 388 4,138 3,868 1,627 2 No country represented is greater than 10% of our revenue as of the years presented, other than the countries presented above.
Schedule of sets forth reporting property and equipment information	As of As of 2021 2020 Israel 622 305 United States 91 2 713 307
Schedule of customer concentrations as a percentage of revenue	Year ended Year ended Year ended 2021 2020 2019 Customer A 30 % 47 % 21 % Customer B * 14 % - Customer C 23 % - - Customer D 11 % * 14 % * Lower than 10%

General (Details)

General (Details) - USD ($) $ in Thousands	12 Months Ended
General (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Mar. 31, 2022
General (Details) [Line Items]
Accumulated losses	$ (58,431)	$ (48,536)
Generated losses	(9,895)	$ (3,730)	$ (4,551)
Operating activities	$ 12,605
Forecast [Member]
General (Details) [Line Items]
Cash, cash equivalents and short term deposits				$ 22,335

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Deferred revenue	$ 1,502	$ 2,135
Deferred revenue present of current	$ 884	$ 1,376
Deposits rate	8.33%
Tax benefit largest amount	50%
Warrants to purchase ordinary shares (in Shares)	1,034,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) - Schedule of annual depreciation rates	12 Months Ended
	Dec. 31, 2021
Consoles and equipment [Member] \| Minimum [Member]
Summary of Significant Accounting Policies (Details) - Schedule of annual depreciation rates [Line Items]
Annual depreciation rate	15%
Consoles and equipment [Member] \| Maximum [Member]
Summary of Significant Accounting Policies (Details) - Schedule of annual depreciation rates [Line Items]
Annual depreciation rate	20%
Computers and software [Member]
Summary of Significant Accounting Policies (Details) - Schedule of annual depreciation rates [Line Items]
Annual depreciation rate	33%
Office furniture and equipment [Member] \| Minimum [Member]
Summary of Significant Accounting Policies (Details) - Schedule of annual depreciation rates [Line Items]
Annual depreciation rate	7%
Office furniture and equipment [Member] \| Maximum [Member]
Summary of Significant Accounting Policies (Details) - Schedule of annual depreciation rates [Line Items]
Annual depreciation rate	15%
Leasehold improvements [Member]
Summary of Significant Accounting Policies (Details) - Schedule of annual depreciation rates [Line Items]
Annual depreciation rate description	Over the shorter of the related lease period or the useful lives of the asset

Deposit (Details)

Deposit (Details)	Dec. 31, 2020
Statistical Disclosure for Banks [Abstract]
Percentage of annual interest rate	0.19%

Inventory (Details) - Schedule

Inventory (Details) - Schedule of composition - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Schedule Of Composition Abstract
Raw materials	$ 704	$ 380
Work in progress	457	332
Finished goods	794	352
Total	$ 1,955	$ 1,064

Prepaid Expenses and Other Re_3

Prepaid Expenses and Other Receivables (Details) - Schedule of prepaid expenses and other receivables - Prepaid and Other Receivable [Member] - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Prepaid Expenses and Other Receivables (Details) - Schedule of prepaid expenses and other receivables [Line Items]
Tax authorities	$ 128	$ 71
Insurances	1,700	41
Prepaid expenses	275	47
Other	187	101
Total	$ 2,290	$ 260

Leases (Details)

Leases (Details) - USD ($) $ in Thousands	Aug. 10, 2021	Jan. 01, 2020	Dec. 31, 2021	Dec. 31, 2020
Revenues [Abstract]
Leases description	the Company expanded its leases from 581 square meters to approximately 768 square meters at a facility located in Caesarea, Israel, and extended its operating lease agreement for another 12 months until July 31, 2023, with additional option to extend until July 31, 2026.	the Company expanded its leases from 494 square meters to approximately 581 square meters at a facility located in Caesarea, Israel, and extended its operating lease agreement for another 12 months until July 14, 2022, with additional option to extend until July 14, 2025.
Bank guarantee	$ 20
Operating lease, right-of-use asset			$ 913	$ 306
Lease liabilities for operating leases totaled			$ 909	$ 332

Leases (Details) - Schedule of

Leases (Details) - Schedule of supplemental cash flow - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Schedule Of Supplemental Cash Flow Abstract
Cash payments for operating leases	$ 247	$ 185	$ 132

Leases (Details) - Schedule o_2

Leases (Details) - Schedule of operating leases liabilities and the reconciliation of undiscounted cash flows $ in Thousands	Dec. 31, 2021 USD ($)
Schedule Of Operating Leases Liabilities And The Reconciliation Of Undiscounted Cash Flows Abstract
2022	$ 270
2023	241
2024	213
2025	196
2026	83
Undiscounted cash flows of operating leases	1,003
Less: amount representing interest	(94)
Operating lease liabilities	$ 909

Leases (Details) - Schedule o_3

Leases (Details) - Schedule of weighted average lease term and weighted average discount rate	Dec. 31, 2021
Schedule Of Weighted Average Lease Term And Weighted Average Discount Rate Abstract
Operating leases weighted average remaining lease term (in years)	2 years 4 months 9 days
Operating leases weighted average discount rate	4.59%

Property and Equipment, Net (De

Property and Equipment, Net (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Depreciation and amortization expenses	$ 127	$ 63	$ 32

Property and Equipment, Net (_2

Property and Equipment, Net (Details) - Schedule of composition property and equipment, net - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Cost
Cost, Total	$ 1,011	$ 478
Less - accumulated depreciation
Less - accumulated depreciation, Total	298	171
Property and Equipment, Net	713	307
Consoles and equipment [Member]
Cost
Cost, Total	567	198
Computers and software [Member]
Cost
Cost, Total	211	142
Less - accumulated depreciation
Less - accumulated depreciation, Total	114	67
Office furniture and equipment [Member]
Cost
Cost, Total	100	65
Less - accumulated depreciation
Less - accumulated depreciation, Total	37	30
Leasehold improvements [Member]
Cost
Cost, Total	133	73
Less - accumulated depreciation
Less - accumulated depreciation, Total	28	12
Machines and equipment [Member]
Less - accumulated depreciation
Less - accumulated depreciation, Total	$ 119	$ 62

Other Current Liabilities (Deta

Other Current Liabilities (Details) - Schedule of other current liabilities - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Schedule Of Other Current Liabilities Abstract
Deferred revenues	$ 884	$ 1,376
Provision for royalties to IIA	62	60
Payroll and social benefits	991	830
Vacation and recuperation provision	410	221
Accrued expenses and others	568	368
Total other current liabilities	$ 2,915	$ 2,855

Commitments and Contingencies (

Commitments and Contingencies (Details) ₪ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2021 ILS (₪)	Jul. 29, 2021 USD ($)	Jul. 29, 2021 ILS (₪)
Commitments and Contingencies (Details) [Line Items]
Royalties paid	$ 62	$ 60
Deposit amount	$ 20		₪ 70
Plaintiff, description	The plaintiff estimated the amount of his individual claim at a sum of approximately NIS 30,000 (USD 9,191), the amount of the class action, insofar as it will be qualified as such, at a sum of approximately NIS 163,459 (USD 50,079) for the class damages that the plaintiff claims had their shares diluted unlawfully, and at a sum of approximately NIS 234,349 (USD 71,798), for damage that was supposedly caused to the shareholders due to a sale at less than the full market price.
Claim amount				$ 1,541	₪ 5,000
Customer Agreement [Member]
Commitments and Contingencies (Details) [Line Items]
Deposit amount	$ 296
Bank Guarantee [Member]
Commitments and Contingencies (Details) [Line Items]
Deposit amount	$ 15
Israeli Innovation Authority [Member]
Commitments and Contingencies (Details) [Line Items]
Revenue rate, percentage	3.50%
Annual turnover	$ 70,000
Royalties at the rate	3%
Liability for royalties	$ 62
Accumulated interest	2,527
Royalties paid	$ 2,135

Shareholders_ Equity (Details)

Shareholders’ Equity (Details) - USD ($) $ / shares in Units, $ in Thousands

1 Months Ended

12 Months Ended

Dec. 13, 2021

Sep. 13, 2020

Aug. 05, 2020

Jun. 04, 2020

Sep. 08, 2019

Apr. 28, 2021

Jan. 31, 2021

Jan. 27, 2021

Oct. 28, 2020

Aug. 30, 2020

May 21, 2019

Mar. 28, 2019

Feb. 20, 2019

Dec. 31, 2021

Dec. 31, 2009

Mar. 07, 2021

Shareholders’ Equity (Details) [Line Items]

Gross amount

$ 16,994

$ 6,067

$ 2,430

$ 981

Ordinary shares issued (in Shares)

3,892,152

6.875

528,000

Ordinary shares price per share (in Dollars per share)

$ 1,801,414

$ 1.84

Gross proceeds

$ 15,966

$ 2,375

$ 933

Ordinary shares purchase unit (in Shares)

180,142

Total investments

$ 9,000

Discount on the average percentage

20%

Number of shares issue (in Shares)

6,891,418

Investment description

second tranche of $6,000 was due following the approval of the listing of the Company’s securities on Nasdaq (the “Second Closing
Milestone” and such date, “the Second Closing Date”). In May 2021, the Company and the investors agreed to execute the
second tranche prior to the achievement of the Second Closing Milestone, and the second tranche of $6,000 was received on May 9, 2021.
Accordingly, the Company issued to the investors 4,594,279 shares.

Authorized share capital (in Shares)

2,500,000,000

Reverse stock split

Accordingly, all option numbers, share numbers, share prices, exercise prices and losses per share have been adjusted within these consolidated financial statements, on a retroactive basis, to reflect this 8-for-1 reverse stock split.

Ordinary shares forfeited (in Shares)

5,434

Ordinary shares, approximately

$ 41

Outstanding and exercisable options (in Shares)

846,105

Aggregate intrinsic value

$ 1,321

Fair value granted options per share (in Dollars per share)

$ 6.89

Stock option description

the Company granted 8,929 options to purchase an aggregate of 8,929 ordinary shares to five officers of the Company, as follows: 4,319 options for the Company’s CEO, and 4,610 options for four officers, at an exercise price of $5.76 per share. The options will vest as follows: a quarter after one year and the rest will vest in 12 equal quarterly installments over a period of three years from April 28, 2022. The options are exercisable for 10 years from the date of grant.

Unrecognized share-based compensation cost

$ 217

Common Stock [Member]

Shareholders’ Equity (Details) [Line Items]

Investors shares (in Shares)

11,485,697

Shares price (in Dollars per share)

$ 3.449

$ 1.304

Number of shares issue (in Shares)

1,034,000

Warrant [Member]

Shareholders’ Equity (Details) [Line Items]

Shares price (in Dollars per share)

$ 0.001

Investment [Member]

Shareholders’ Equity (Details) [Line Items]

Total investment percentage

60%

IPO [Member]

Shareholders’ Equity (Details) [Line Items]

Ordinary shares issued (in Shares)

5,175,000

Ordinary shares price per share (in Dollars per share)

$ 1.168

$ 13.44

Gross proceeds

$ 5,847

Ordinary shares purchase unit (in Shares)

1.25

Over-Allotment Option [Member]

Shareholders’ Equity (Details) [Line Items]

Shares price (in Dollars per share)

$ 3.45

Number of shares issue (in Shares)

578,325

Business Combination [Member] | Chief Executive Officer [Member]

Shareholders’ Equity (Details) [Line Items]

Stock option description

the Company granted 142,594 options to purchase an aggregate of 142,594 ordinary shares to 27 employees of the Company, at an exercise price of $1.68 per share. The options will vest in four equal installments over a period of four years from the date of grant. The options are exercisable for 10 years from the date of grant.

the Company granted 57,500 options to purchase an aggregate of 57,500 ordinary shares to 2 officers of the Company, as follows: 32,500 options for the Company’s CEO, and 25,000 options for the Chairman of the Board of Directors, at an exercise price of $1.60 per share. The options will vest as follows: a quarter after one year and the rest will vest in 12 equal quarterly installments over a period of three years from October 28, 2021. The options are exercisable for 10 years from the date of grant.

the Company granted 170,258 options to purchase an aggregate of 170,258 ordinary shares to six officers of the Company, as follows: 27,333 options for the Company’s CEO, and 142,925 options for five officers of the Company, at an exercise price of $1.52 per share. The CEO’s options will vest in 16 equal quarterly installments over a period of four years from the date of grant. The officer’s options will vest as follows: a quarter after one year and the rest will vest in 12 equally quarterly installments over a period of three years from August 30, 2021. The options are exercisable for 10 years from the date of grant.

the Company granted 194,875 options to purchase an aggregate of 194,875 ordinary shares to 24 employees of the Company, as follows: 51,000 options for the Company’s CEO and Chairman of the Board, 48,000 options for three officers of the Company and 95,875 option for 19 employees of the Company, at an exercise price of $1.76 per share. The CEO’s and Chairman of the Board’s options will vest in 16 equal quarterly installments over a period of four years from the date of grant. The officer’s options will vest as follows: a quarter after one year and the rest will vest in 12 equal quarterly installments over a period of three years from May 21, 2020. The 19 employee’s options will vest in four equal installments over a period of four years from the date of grant. The options are exercisable for 10 years from the date of grant.

the Company granted 72,878 options to purchase an aggregate of 72,878 ordinary shares to 5 officers of the Company, as follows: 9,726 options for the Company’s Chief Executive Officer (“CEO”), and 63,152 options for four officers of the Company, at an exercise price of $2.16 per share. The CEO’s options will vest in 16 equal quarterly installments over a period of four years from the date of grant. The officer’s options will vest as follows: a quarter after one year and the rest will vest in 12 equal quarterly installments over a period of three years from March 28, 2020. The options are exercisable for 10 years from the date of grant.

Options exercise description

the Company granted 100,000 options to purchase an aggregate of 100,000 ordinary shares to a member of the Company’s Board of directors, at an exercise price of $1.60 per share. The options will vest as follows:
a.25,000
options - a quarter after one year and the rest will vest in 12 equal quarterly installments
over a period of three years from December 13, 2020.

b.75,000
options- based on target achievement:
i.37,500
options will vest and become exercisable, on the date of receipt by the company of two regulatory
approvals in China from the NMPA (National Medical Products Administration) for the marketing
and sale of ProSense product and for the sale of probes of the company, and no later than
December 31, 2022.

ii.37,500
options will vest and become exercisable, with the sale of a Consoles and Probes as determined
in the options agreement in one calendar year in Chinese territory, and no later than the
end of 2024. The
options are exercisable for 10 years from the date of grant.

Epoch Partner Investments Limited [Member]

Shareholders’ Equity (Details) [Line Items]

Total working capital

$ 7,500

Alpha Capital Anstalt [Member]

Shareholders’ Equity (Details) [Line Items]

Total working capital

4,000

Clover Wolf Capital Limited [Member]

Shareholders’ Equity (Details) [Line Items]

Total working capital

3,100

Clover Alpha L.P [Member]

Shareholders’ Equity (Details) [Line Items]

Total working capital

400

Investment [Member]

Shareholders’ Equity (Details) [Line Items]

Total investments

$ 15,000

Shareholders_ Equity (Details)

Shareholders’ Equity (Details) - Schedule of fair value of options granted was estimated using the Black-Scholes option pricing model - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Shareholders’ Equity (Details) - Schedule of fair value of options granted was estimated using the Black-Scholes option pricing model [Line Items]
Expected life of up to (years)	6 years 2 months 19 days	6 years 2 months 12 days	6 years 1 month 28 days
Minimum [Member]
Shareholders’ Equity (Details) - Schedule of fair value of options granted was estimated using the Black-Scholes option pricing model [Line Items]
Exercise price (in Dollars per share)	$ 1.69	$ 1.56	$ 0.72
Expected volatility	89.80%	88.77%	96.33%
Risk-free interest	0.67%	0.40%	1.03%
Maximum [Member]
Shareholders’ Equity (Details) - Schedule of fair value of options granted was estimated using the Black-Scholes option pricing model [Line Items]
Exercise price (in Dollars per share)	$ 8.75	$ 1.77	$ 8.32
Expected volatility	96.10%	90.84%	110.40%
Risk-free interest	1.02%	0.46%	2.54%

Shareholders_ Equity (Details_2

Shareholders’ Equity (Details) - Schedule of option activity - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Schedule Of Option Activity Abstract
Number of Share Options, Beginning Balance	1,455,761	1,272,615	1,008,001
Weighted Average Exercise Price Per Share, Beginning Balance	$ 1.68	$ 1.52	$ 1.52
Number of Share Options, Ending Balance	1,336,480	1,455,761	1,272,615
Weighted Average Exercise Price Per Share, Ending Balance	$ 1.64	$ 1.68	$ 1.52
Weighted Average Remaining Contractual Term (in years), Ending Balance	7 years 10 days	7 years 8 months 8 days	8 years 1 month 24 days
Number of Share Options, Granted	108,929	370,351	267,753
Weighted Average Exercise Price Per Share, Granted	$ 2.02	$ 1.6	$ 1.76
Number of Share Options, Expired	(13,875)	(35,788)	(3,139)
Weighted Average Exercise Price Per Share, Expired	$ 2.94	$ 1.6	$ 2.16
Number of Share Options, Forfeited	(24,635)	(137,667)
Weighted Average Exercise Price Per Share, Forfeited	$ 1.85	$ 1.68
Number of Share Options, Exercised	(189,700)	(13,750)
Weighted Average Exercise Price Per Share, Exercised	$ 2.06	$ 0.88
Number of Share Options, Exercisable at the end of year	858,994
Weighted Average Exercise Price Per Share, Exercisable at the end of year	$ 1.55
Weighted Average Remaining Contractual Term (in years), Exercisable at the end of year	6 years 4 months 9 days

Shareholders_ Equity (Details_3

Shareholders’ Equity (Details) - Schedule of share-based compensation the company recognized for share-based payments - Research and Development Expense [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Cost of revenues	$ 15	$ 16	$ 12
Sales and marketing	15	26	36
Research and development	109	67	151
General and administrative	177	120	173
Share based compensation	$ 316	$ 229	$ 372

Revenues (Details)

Revenues (Details) - USD ($) $ in Thousands	12 Months Ended
Revenues (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2019
Revenues (Details) [Line Items]
Paid advance payment	$ 3,000	$ 1,500
Total amount	4,250
Consoles and disposables	866
Regulatory approval	250
Assistance in obtaining the regulatory approval	3,134
Company received	4,000
Total consideration	$ 3,179
Time of signing agreement, description	The Company assesses that, the timeframe for obtaining the regulatory approval in Japan is approximately between three to four years from the time of signing the agreement.
Japan [Member]
Revenues (Details) [Line Items]
Paid to application for regulatory approval	$ 250
Paid to receipt regulatory approval	250
Paid to medical reimbursement	500
Japanese regulatory authorities [Member]
Revenues (Details) [Line Items]
Paid to company exclusive distribution rights	$ 1,000

Revenues (Details) - Schedule o

Revenues (Details) - Schedule of composition - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Schedule Of Composition Abstract
Consoles	$ 1,560	$ 1,817	$ 786
Disposables	1,208	1,006	493
Exclusive distribution agreement	1,370	1,045	348
Total	$ 4,138	$ 3,868	$ 1,627

Cost of Revenues (Details) - Sc

Cost of Revenues (Details) - Schedule of cost of revenues - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Schedule Of Cost Of Revenues Abstract
Payroll and related benefits (including share-based compensation)	$ 796	$ 655	$ 473
Raw materials subcontractors and auxiliary materials	828	461	389
Shipping	50	39	69
Royalties to the IIA	123	116	48
Others	146	153	124
Total	$ 1,943	$ 1,424	$ 1,103

Research and Development Expe_3

Research and Development Expenses (Details) - Schedule of research and development expenses - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Schedule Of Research And Development Expenses Abstract
Payroll and related benefits (including share-based compensation)	$ 3,748	$ 2,273	$ 1,730
Raw materials subcontracted work and consulting	1,440	1,058	866
Others	689	478	405
Total	$ 5,877	$ 3,809	$ 3,001

Sales and Marketing Expenses (D

Sales and Marketing Expenses (Details) - Schedule of sales and marketing expenses - Sales and Marketing Expenses [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Sales and Marketing Expenses (Details) - Schedule of sales and marketing expenses [Line Items]
Payroll and related benefits (including share-based compensation)	$ 1,036	$ 576	$ 403
Consulting and professional services	215	157	150
Travel	126	29	167
Advertising and promotion expenses	60	36	41
Sales commissions	60	57	33
Others	420	208	241
Total	$ 1,917	$ 1,063	$ 1,035

General and Administrative Ex_3

General and Administrative Expenses (Details) - Schedule of general and administrative expenses - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Schedule Of General And Administrative Expenses Abstract
Payroll and related benefits (including share-based compensation)	$ 1,403	$ 965	$ 833
Professional services	2,440	611	347
Others	282	138	92
Total	$ 4,125	$ 1,714	$ 1,272

Taxes on Income (Details)

Taxes on Income (Details) - USD ($) $ in Thousands	12 Months Ended
Taxes on Income (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Taxes on Income (Details) [Line Items]
Income taxes description	The China subsidiary is subject to China tax rate of 2.5% up to taxable income of one million RMB, 10% on taxable income between one million RMB to three million RMB and 25% on taxable income higher than three million RMB, for the year ended December 31, 2021.
Accumulated tax loss (in Dollars)	$ 61,361
Deferred tax assets (in Dollars)	$ 14,207
Israeli [Member]
Taxes on Income (Details) [Line Items]
Income tax rate	23%	23%	23%
U.S. [Member]
Taxes on Income (Details) [Line Items]
Income tax rate	21%	21%	21%

Taxes on Income (Details) - Sch

Taxes on Income (Details) - Schedule of deferred tax assets - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Schedule Of Deferred Tax Assets Abstract
Net loss carryforward	$ 14,113	$ 11,995
Other reserves and allowance	94	51
Total deferred tax assets	14,207	12,046
Valuation allowance	(14,207)	(12,046)
Net deferred tax asset

Taxes on Income (Details) - S_2

Taxes on Income (Details) - Schedule of loss before tax and a reconciliation - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Schedule Of Loss Before Tax And AReconciliation Abstract
Local		$ 10,081	$ 3,735	$ 4,555
Foreign	[1]	(186)	(5)	(4)
Net loss, as reported in the consolidated statements of comprehensive loss		$ 9,895	$ 3,730	$ 4,551
Israeli statutory income tax rate		23%	23%	23%
Theoretical tax benefit		$ 2,276	$ 858	$ 1,047
Losses and other items for which a valuation allowance was provided or benefit from loss carryforwards		(2,161)	(858)	(1,047)
Other		(115)
Income tax expense

[1] Foreign is amount related to the US & China Subsidiaries.

Geographic and Significant Cu_3

Geographic and Significant Customer Information (Details)	12 Months Ended
Geographic and Significant Customer Information (Details)	Dec. 31, 2021
Geographic and Significant Customer Information [Abstract]
Total revenue percentage	10%

Geographic and Significant Cu_4

Geographic and Significant Customer Information (Details) - Schedule of sets forth reporting revenue information - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenues from External Customers and Long-Lived Assets [Line Items]
Total		$ 4,138	$ 3,868	$ 1,627
Israel [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total		108	7	65
Japan [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total		1,380	2,097	512
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total		471	276	231
China [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total				220
Thailand [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total		964	528	211
Other [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total	[1]	$ 1,215	$ 960	$ 388

[1]No country represented is greater than 10% of our revenue as of the years presented, other than the countries presented above.

Geographic and Significant Cu_5

Geographic and Significant Customer Information (Details) - Schedule of sets forth reporting property and equipment information - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Geographic and Significant Customer Information (Details) - Schedule of sets forth reporting property and equipment information [Line Items]
Total	$ 713	$ 307
Israel [Member]
Geographic and Significant Customer Information (Details) - Schedule of sets forth reporting property and equipment information [Line Items]
Total	622	305
United States [Member]
Geographic and Significant Customer Information (Details) - Schedule of sets forth reporting property and equipment information [Line Items]
Total	$ 91	$ 2

Geographic and Significant Cu_6

Geographic and Significant Customer Information (Details) - Schedule of customer concentrations as a percentage of revenue	Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019
Customer A [Member]
Concentration Risk [Line Items]
Percentage of customer concentrations	30%		47%		21%
Customer B [Member]
Concentration Risk [Line Items]
Percentage of customer concentrations		[1]	14%
Customer C [Member]
Concentration Risk [Line Items]
Percentage of customer concentrations	23%
Customer D [Member]
Concentration Risk [Line Items]
Percentage of customer concentrations	11%			[1]	14%

[1]Lowerthan 10%

Subsequent Events (Details)

Subsequent Events (Details)		1 Months Ended
Subsequent Events (Details)	Jan. 12, 2022	Mar. 23, 2022
Subsequent Event [Member]
Subsequent Events (Details) [Line Items]
Subsequent event description	the Company granted 1,720,660 options to purchase an aggregate of 1,720,660 ordinary shares to 59 optionees of the Company, as follows: 333,992 options to the Company’s CEO, the Chairman of the Board and a member of the board, 443,674 options to five officers of the Company and 942,994 options to 51 employees of the Company, at an exercise price of $3.63 per share. The options granted to the CEO, chairman of the board, board member and the officers will vest as follows: a quarter after one year and the rest will vest in 12 equal quarterly installments over a period of three years from January 12, 2022. The options granted to the 51 employees will vest in four equal installments over a period of four years from the date of grant. The options are exercisable for 10 years from the date of grant.	the Company granted 30,434 options to purchase an aggregate of 30,434 ordinary shares to five officers of the Company, as follows: 13,720 options for the Company’s CEO, and 16,714 options for four officers, at an exercise price of $1.98 per share. The options will vest as follows: a quarter after one year and the rest will vest in 12 equal quarterly installments over a period of three years from March 23, 2022. The options are exercisable for 10 years from the date of grant.