Annual report pursuant to Section 13 and 15(d)

Financial Expense, Net

v3.20.4
Financial Expense, Net
12 Months Ended
Dec. 31, 2020
Financial Expenses Net [Abstract]  
Financial Expense, Net

19. FINANCIAL EXPENSE, NET

Financial expense, net for the years ended December 31, 2020 and 2019, consisted of the following (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2020

 

 

2019

 

Financial Income:

 

 

 

 

 

 

 

 

Interest income

 

$

277

 

 

$

160

 

Gain on derivatives

 

 

33

 

 

 

414

 

Dividends on marketable securities

 

 

33

 

 

 

97

 

Total Financial Income

 

 

343

 

 

 

671

 

Financial Expense:

 

 

 

 

 

 

 

 

Interest expense

 

 

(1,762

)

 

 

(1,073

)

Loss on derivatives

 

 

(56

)

 

 

(37

)

Total Financial Expense

 

 

(1,818

)

 

 

(1,110

)

Financial expense, net

 

$

(1,475

)

 

$

(439

)