Annual report pursuant to Section 13 and 15(d)

Operating Leases (Tables)

v3.24.1
Operating Leases (Tables)
12 Months Ended
Dec. 31, 2023
Operating Leases  
Schedule of Other Information Related Leases Under Non-Cancellable

Other information related to leases and future minimum lease payments under non-cancellable operating leases were as follows:

 

   

December 31, 2023

   

December 31, 2022

 
             
Cash paid for amounts included in the measurement of lease liabilities:                
Operating cash flows from operating leases   $ 118,000     $ 109,000  
Right-of-use assets obtained in exchange for lease liabilities:                
Operating leases   $ 53,000     $ 165,000  
Weighted-average remaining lease term (in years):                
Operating leases     0.5       1.75  
Weighted-average discount rate:                
Operating leases     10 %     10 %
Schedule of Future Minimum Lease Payments

Future minimum lease payments under non-cancellable operating leases were as follows:

 

   

December 31, 2023

 
      (Unaudited)  
Within one year   $ 60,000  
Thereafter     -  
Total future minimum lease payments   60,000  
Less – discount     (2,000 )
Lease liability   $ 58,000