Otonomo Technologies (OTMO) 20-F 31 Mar 23 2022 FY Annual report (foreign) Financial data

Cover Page

Cover Page	12 Months Ended
	Dec. 31, 2022 shares
Entity Addresses [Line Items]
Entity Registrant Name	OTONOMO TECHNOLOGIES LTD.
Document Type	20-F
Amendment Flag	false
Entity Central Index Key	0001842498
Document Registration Statement	false
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Address, Address Line One	16 Abba Eban Blvd.
Entity Incorporation, State or Country Code	L3
Entity Address, Country	IL
Entity Address, City or Town	Herzliya Pituach
Entity Address, Postal Zip Code	467256
Title of 12(b) Security	Ordinary shares, no par value per share
Trading Symbol	OTMO
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding	141,880,227
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
ICFR Auditor Attestation Flag	false
Auditor Firm ID	1057
Auditor Name	Somekh Chaikin
Auditor Location	Tel-Aviv, Israel
Document Transition Report	false
Document Shell Company Report	false
Entity File Number	001-40744
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Document Accounting Standard	U.S. GAAP
Entity Shell Company	false
Entity Filer Category	Accelerated Filer
Business Contact [Member]
Entity Addresses [Line Items]
Contact Personnel Name	Ben Volkow
Entity Address, Address Line One	16 Abba Eban Blvd.
Entity Address, Country	IL
Entity Address, City or Town	Herzliya Pituach
Entity Address, Postal Zip Code	467256
City Area Code	972
Local Phone Number	52-432-9955

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 22,448	$ 207,842
Short-term restricted cash	346	237
Short-term deposits	62,262	0
Marketable securities	55,587	0
Trade receivables, net	1,271	1,077
Other receivables and prepaid expenses	3,043	2,683
Total current assets	144,957	211,839
Non-current assets
Other long-term assets	606	254
Property and equipment, net	1,043	725
Operating lease right-of-use assets, net	2,040	0
Intangible assets, net	0	9,621
Goodwill	0	37,000
Total non-current assets	3,689	47,600
Total assets	148,646	259,439
Current liabilities
Account payables	1,020	312
Other payables and accrued expenses	10,958	8,405
Deferred revenue	216	35
Current portion of operating lease liabilities	729	0
Current portion of contingent consideration	165	0
Total current liabilities	13,088	8,752
Non-Current liabilities
Warrants for ordinary shares	155	1,924
Operating lease liabilities, less current portion	1,225	0
Contingent consideration, less current portion	746	0
Other non-current liabilities	4	0
Total non-current liabilities	2,130	1,924
Total liabilities	15,218	10,676
Commitments and contingencies
Shareholders’ equity:
Ordinary shares, no par value; 450,000,000 shares authorized as of December 31, 2022, and 2021; 141,880,227 and 132,214,733 shares issued and outstanding as of December 31, 2022 and 2021, respectively;	0	0
Additional paid-in capital	370,412	349,825
Accumulated other comprehensive loss	(4,850)	0
Accumulated deficit	(232,134)	(101,062)
Total shareholders’ equity	133,428	248,763
Total liabilities and Shareholders’ Equity	$ 148,646	$ 259,439

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2022	Dec. 31, 2021
Common Stock, Par or Stated Value Per Share	$ 0	$ 0
Common Stock, Shares Authorized	450,000,000	450,000,000
Common Stock, Shares, Issued	141,880,227	132,214,733
Common Stock, Shares, Outstanding	141,880,227	132,214,733

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Revenues	$ 6,992	$ 1,723	$ 394
Costs and operating expenses:
Cost of services	(3,367)	(953)	(336)
Cloud infrastructure	(4,777)	(2,814)	(1,262)
Research and development	(22,573)	(12,077)	(8,194)
Sales and marketing	(21,761)	(9,435)	(5,168)
General and administrative	(22,059)	(11,904)	(2,515)
Depreciation and amortization	(2,749)	(532)	(147)
Contingent consideration income	8,954	0	0
Impairment of goodwill	(49,686)	0	0
Impairment	(22,355)	0	0
Total costs and operating expenses	(140,373)	(37,715)	(17,622)
Operating loss	(133,381)	(35,992)	(17,228)
Financial income (expenses), net	2,455	5,280	(2,737)
Loss before income tax expense	(130,926)	(30,712)	(19,965)
Income tax expense	(146)	(222)	(76)
Net loss	$ (131,072)	$ (30,934)	$ (20,041)
Net loss per share attributable to ordinary shareholders, diluted	$ (0.95)	$ (0.45)	$ (0.65)
Net loss per share attributable to ordinary shareholders, basic	$ (0.95)	$ (0.45)	$ (0.65)
Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, basic	138,362,785	69,222,905	30,674,263
Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, diluted	138,362,785	69,222,905	30,674,263
Other comprehensive loss, net of tax:
Foreign currency translation adjustments	$ (4,791)	$ 0	$ 0
Unrealized losses on available-for-sale marketable securities, net	(59)	0	0
Other comprehensive loss	(4,850)	0	0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent, Total	$ (135,922)	$ (30,934)	$ (20,041)

Consolidated Statements of Chan

Consolidated Statements of Changes in Redeemable Convertible Preferred Shares and Shareholders' equity (deficit) - USD ($) $ in Thousands	Preferred Stock [Member] Redeemable Convertible preferred shares [Member]	Ordinary shares [Member]	Additional paid-in capital [Member]	Accumulated deficit [Member]	Accumulated other comprehensive loss [Member]	Total
Balance at Beginning at Dec. 31, 2019	$ 62,195
Balance at Beginning (in Shares) at Dec. 31, 2019	58,208,597
Balance at Beginning at Dec. 31, 2019		$ 0	$ 8,784	$ (50,087)	$ 0	$ (41,303)
Balance at Beginning (in Shares) at Dec. 31, 2019		29,955,123
Conversion of redeemable convertible preferred shares	$ 15,507
Conversion of redeemable convertible preferred shares (in Shares)	4,717,813
Issuance of shares in connection with stock-based compensation plans		$ 0	133	0	0	133
Issuance of shares in connection with stock-based compensation plans (in Shares)		1,533,798
Share based compensation		$ 0	1,440	0	0	1,440
Comprehensive loss		0	0	(20,041)	0	(20,041)
Balance at Ending at Dec. 31, 2020		$ 0	10,357	(70,128)	0	(59,771)
Balance at Ending (in Shares) at Dec. 31, 2020		31,488,921
Balance at Ending at Dec. 31, 2020	$ 77,702
Balance at Ending (in Shares) at Dec. 31, 2020	62,926,410
Exercise of warrants for redeemable convertible preferred shares	$ 10,896
Exercise of warrants for redeemable convertible preferred shares (in Shares)	1,179,456
Conversion of redeemable convertible preferred shares	$ (88,598)
Conversion of redeemable convertible preferred shares (in Shares)	(64,105,866)
Conversion of redeemable convertible preferred shares		$ 0	88,598	0	0	88,598
Conversion of redeemable convertible preferred shares (in Shares)		64,105,866
Issuance of ordinary shares in connection with PIPE offering, net		$ 0	124,560	0	0	124,560
Issuance of ordinary shares in connection with PIPE offering, net (in Shares)		14,250,000
Recapitalization, net		$ 0	88,843	0	0	88,843
Recapitalization, net (in Shares)		15,576,479
Shares issued related to the business acquisitions		$ 0	33,816	0	0	33,816
Shares issued related to the business acquisitions (in Shares)		6,559,960
Issuance of shares in connection with stock-based compensation plans		$ 0	44	0	0	$ 44
Issuance of shares in connection with stock-based compensation plans (in Shares)		233,507				233,507
Share based compensation		$ 0	3,607	0	0	$ 3,607
Comprehensive loss		0	0	(30,934)	0	(30,934)
Balance at Ending at Dec. 31, 2021		$ 0	349,825	(101,062)	0	248,763
Balance at Ending (in Shares) at Dec. 31, 2021		132,214,733
Balance at Ending at Dec. 31, 2021	$ 0
Balance at Ending (in Shares) at Dec. 31, 2021	0
Shares issued related to the business acquisitions		$ 0	10,691	0	0	10,691
Shares issued related to the business acquisitions (in Shares)		6,462,086
Issuance of shares in connection with stock-based compensation plans		$ 0	140	0	0	$ 140
Issuance of shares in connection with stock-based compensation plans (in Shares)		3,203,408				916,310
Share based compensation		$ 0	9,756	0	0	$ 9,756
Comprehensive loss		0	0	(131,072)	(4,850)	(135,922)
Balance at Ending at Dec. 31, 2022		$ 0	$ 370,412	$ (232,134)	$ (4,850)	$ 133,428
Balance at Ending (in Shares) at Dec. 31, 2022		141,880,227
Balance at Ending at Dec. 31, 2022	$ 0
Balance at Ending (in Shares) at Dec. 31, 2022	0

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities
Net loss	$ (131,072)	$ (30,934)	$ (20,041)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	2,749	532	147
Share based compensation	9,756	3,607	1,440
Revaluation of warrants	(1,769)	(5,259)	3,271
Impairment of Goodwill	49,686	0	0
Impairment of intangible assets	22,355	0	0
Contingent consideration income	(8,954)	0	0
Deferred tax expense (benefit)	(31)	(11)	3
Foreign currency translation loss	1,321	0	0
Investments interest receivables, amortization, and accretion	(1,490)	0	0
Other	0	0	134
Changes in operating assets and liabilities:
Trade receivables, net	639	(629)	(85)
Other receivables and prepaid expenses	731	(2,059)	574
Other payables and accrued expenses	140	1,886	99
Account payables	136	(252)	63
Deferred revenue	(167)	(242)	260
Other assets and liabilities	(403)	0	0
Net cash used in operating activities	(56,373)	(33,361)	(14,135)
Cash flows from investing activities
Purchases of property and equipment	(241)	(188)	(420)
Proceeds from short-term bank deposits, net	(61,549)	12,800	(1,393)
Investment in marketable securities	(55,000)
Other long-term assets, net	0	33	(19)
Payments for business acquisitions, net of cash acquired	(11,018)	(9,965)	0
Net cash provided by (used in) investing activities	(127,808)	2,680	(1,832)
Cash flows from financing activities
Proceeds from issuance of redeemable convertible preferred shares and warrants, net	0	0	19,967
Issuance of ordinary shares, net	0	223,732	0
Proceeds from exercise of share options	140	44	133
Net cash provided by financing activities	140	223,776	20,100
Foreign currency effect on cash and cash equivalents and short-term restricted cash	(1,244)	0	0
Net increase (decrease) in cash and cash equivalents and short-term restricted cash	(185,285)	193,095	4,133
Cash and cash equivalents and short-term restricted cash at the beginning of the year	208,079	14,984	10,851
Cash and cash equivalents and short-term restricted cash at the end of the year	22,794	208,079	14,984
Supplemental disclosures of cash flow information
Cash paid for income taxes, net of tax refunds	243	104	69
Non-cash investing activities:
Contingent consideration	9,865	0	0
Shares issued related to the business acquisitions	10,691	33,816	0
Non-cash financing activities:
Conversion of warrants to redeemable convertible preferred shares	$ 0	$ 10,896	$ 0

General

General	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
General	Note 1 - General Otonomo Technologies Ltd. (together with its subsidiaries, “Otonomo”, or the “Company”) was incorporated as an Israeli corporation in December 2015. The Company provides an automotive data service platform enabling car manufacturers, drivers, insurance carriers and service providers to be part of a connected ecosystem as well as mobility intelligence which transforms vast amounts of anonymized data and activity signals into actionable, impactful, and valuable insights. On February 9, 2023, subsequent to the balance sheet date, the Company and Urgent.ly, Inc. (“Urgently”), a provider of digital roadside and mobility assistance technology and services, entered into a definitive agreement to merge and the Company will become a wholly owned subsidiary of Urgently. Upon closing of the transaction, holders of the Company’s ordinary shares will receive common stock of Urgently. The Company’s shareholders and other equity holders will own, in the aggregate, approximately 33% of the combined company on a fully diluted basis, subject to the determination of the final exchange ratio pursuant to the terms set forth in the definitive agreement. The transaction is expected to close in the third quarter of 2023, subject to the approval of the Company’s shareholders and the satisfaction of other customary closing conditions.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 - Summary of Significant Accounting Policies A Basis of Presentation B. Recapitalization C. Use of Estimates A number of estimates have been and will continue to be affected by global events and other longer-term macroeconomic conditions, including rising inflation and increasing interest rates. As a result, the accounting estimates and assumptions may change over time. These consolidated financial statements reflect the financial statement effects based upon management’s estimates and assumptions utilizing the most currently available information. D. Foreign Currency E. Concentration of Credit Risk F Cash, Cash equivalents and restricted cash G. Short-term deposits H. Marketable securities I. Fair Value Measurements Level 2: Observable inputs that are based on inputs not quoted on active markets but corroborated by market data. J. Accounts Receivables, net K. Property and Equipment % Computers and software 33 Office furniture and equipment 7;15 Leasehold improvements Shorter of remaining lease term or estimated useful life The Company evaluates the recoverability of property and equipment for possible impairment whenever events or circumstances indicate that the carrying amount of such assets may not be fully recoverable. Recoverability of these assets is measured by a comparison of the carrying amounts to the future undiscounted cash flows the assets are expected to generate. If such review indicates that the carrying amount of property and equipment is not recoverable, the carrying amount of such assets is reduced to fair value. There were no impairment charges to property and equipment during the years presented. L. Capitalized Software Costs M. Business Combinations N. Goodwill and Intangible Assets, net Intangible assets are amortized over the period of estimated benefit and estimated useful lives ranging from two to eight years. The Company reviews the carrying amounts for potential impairment when events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. During 2022, as a result of the decline in the quoted share price of the Company, an impairment loss was recognized for the entire goodwill and intangible assets. For information on key assumptions used in calculation of the recoverable amount, see Note 7. O. Employee Benefit Plans a) Section 14 of the Israeli Severance Pay Law b) 401(k) Savings Plan P. Leases The Company determines if an arrangement is a lease at inception. The Company currently does not have any finance leases. Certain lease agreements in Israel include rental payments adjusted periodically for the Israeli consumer price index (“CPI”). The ROU and lease liability were calculated using the initial CPI and are not subsequently adjusted. For short-term leases with a term of 12 months or less, operating lease ROU assets and liabilities are not recognized and the Company records lease payments in the Consolidated Statements of Operations on a straight-line basis over the lease term. The interest rate used to determine the present value of the future lease payments is the Company’s incremental borrowing rate, because the interest rate implicit in the Company’s leases is not readily determinable. The Company’s incremental borrowing rate is estimated to approximate the interest rate on a collateralized basis with similar terms and payments, and in economic environments where the leased asset is located. The Company’s lease terms may include options to extend or terminate the lease. These options are reflected in the ROU asset and lease liability when it is reasonably certain that the Company will exercise the option. Operating lease expense is recognized on a straight-line basis over the lease term. The adoption of the standard resulted in the recognition of right of use ("ROU") assets and lease liabilities of approximately $1.8 million, on January 1, 2022, for the headquarters in Israel. Q. Revenue Recognition The revenue comprised mainly of subscription fees from customers accessing the Company’s enterprise cloud computing services (“SaaS subscriptions”). The Company determines revenue recognition through the following five-step framework: • Identification of the contract, or contracts, with a customer; • Identification of the performance obligations in the contract; • Determination of the transaction price; • Allocation of the transaction price to the performance obligations in the contract; and • Recognition of revenue when, or as, the Company satisfies a performance obligation. Performance obligations promised in a contract are identified based on the services that will be transferred to the customer that are both capable of being distinct, whereby the customer can benefit from the services either on their own or together with other resources that are readily available from third parties or from the Company, and are distinct in the context of the contract, whereby the transfer of the services is separately identifiable from other promises in the contract. The Company enters into contracts that can include various combinations of products and services, which are generally capable of being distinct and accounted for as separate performance obligations. The Company evaluates the terms and conditions included within the customer’s contracts to ensure appropriate revenue recognition, including whether products and services are considered distinct performance obligations that should be accounted for separately versus together. For contracts with multiple performance obligations, the transaction price is allocated to the separate performance obligations on a relative standalone selling price basis. The Company determine standalone selling price by considering the historical selling price of these performance obligations in similar transactions as the well as other factors, including, but not limited to, competitive pricing of similar products, other software vendor pricing, industry publications and current pricing practices. The Company’s SaaS subscriptions revenues consist primarily of fees to provide the Company’s customers access to its cloud-based platform, which includes routine customer support. Subscription service contracts do not provide customers with the right to take possession of the software, are cancelable, and do not contain general rights of return. The Company recognizes subscription revenues ratably over the contract term beginning on the commencement date of each contract, which is the date the Company makes the services available to the customers. Subscription contracts typically have a term of up to three years and are based on fixed-fee and/or a pay per use basis. Certain pay per use contract includes minimum monthly or annual fees. For fixed-fee basis contracts, invoicing occurring in quarterly or monthly installments at the end of each period. Fixed or substantive minimum fees are recognized ratably over the term of the arrangement beginning on the date that the service is made available to the customer. For pay per use basis contracts, the Company applies the ‘as-invoiced’ practical expedient and recognizes revenue in the amount which is equivalent to the service rendered each month. Invoicing is normally done monthly at the end of each month. Contract assets consist of unbilled accounts receivable, which occur when a right to consideration for the Company’s performance under the customer contract occurs before invoicing to the customer. The amount of unbilled accounts receivable included within accounts receivable, net, on the consolidated balance sheets. Contract liabilities consist of deferred revenue. Revenue is deferred when the Company invoices in advance of performance under a contract. To the extent the Company bill customers in advance of the billing period commencement date, the trade receivable and corresponding deferred revenue amounts are netted to zero on the Company’s consolidated balance sheets, unless such amounts have been paid as of the balance sheet date. The current portion of the deferred revenue balance is recognized as revenue during the 12-month period after the balance sheet date. Contract Balances Of the $216 thousand of deferred revenue recorded as of December 31, 2022, the Company expects to recognize 100% as revenue during the year ended December 31, 2023. Cost to Obtain a Contract The Company capitalizes certain sales commissions as costs of obtaining a contract when they are incremental and if they are expected to be recovered. These costs are subsequently amortized consistently with the pattern of revenue recognition from contracts for which the commissions relate, over an estimated period of benefit. Deferred commission costs capitalized are periodically reviewed for impairment. There were no impairment losses recorded during the periods presented. For costs that the Company would have capitalized and amortized over one year or less, the Company has elected to apply the practical expedient and expense these costs as incurred. Amortization expense of these costs are included in selling and marketing expenses. As of December 31, 2022, the amount of deferred commissions was $273 and is included in other receivables and prepaid expenses and other long-term assets on the consolidated balance sheets. As of December 31, 2021, incremental costs of obtaining a contract that are eligible to capitalization, were immaterial. R. Cost of Services S. Cloud infrastructure T. Research and Development U. Share Based Compensation V. Income Taxes W. Net Loss Per Share The Company’s basic net loss per share is calculated by dividing net loss attributable to ordinary shareholders by the weighted-average number of shares of ordinary shares outstanding for the period, without consideration of potentially dilutive securities. The diluted net loss per share is calculated by giving effect to all potentially dilutive securities outstanding for the period using the treasury share method or the if-converted method based on the nature of such securities. Diluted net loss per share is the same as basic net loss per share in periods when the effects of potentially dilutive shares of ordinary shares are anti-dilutive. X. Recently Adopted Accounting Pronouncements Y. Recently Issued Accounting Pronouncements In June 2016, the FASB issued an ASU 2016-13, Topic 326, that supersedes the existing impairment model for most financial assets to a current expected credit loss model. The new guidance requires an entity to recognize an impairment allowance equal to its current estimate of all contractual cash flows the entity does not expect to collect. The guidance will be effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2022, with early adoption permitted. The Company is in the process of evaluating the effects of this standard on it the consolidated financial statements.

Business Combinations

Business Combinations	12 Months Ended
	Dec. 31, 2022
Business Combinations [Abstract]
Business Combinations	Note 3 - Business Combinations Neura acquisition On October 4, 2021, the Company acquired 100% of the share capital of Neura Inc. (“Neura”), a privately held company in the United States, which develops an artificial Intelligence (AI) platform that transforms behavioral data into actionable insights (“MI services”). The total purchase consideration transferred for the Neura acquisition was $46.8 million: (a) $13.0 million in cash. (b) $33.8 million in equity for the fair value of 6,658,410 shares of the Company’s ordinary shares issued. The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of acquisition: Fair Value USD thousands Net tangible assets and liabilities assumed (current and non-current) (205 ) Technology 10,021 Goodwill 37,000 Net assets acquired 46,816 Goodwill is primarily attributable to expected synergies arising from technology integration and expanded product availability to the Company’s existing and new customers. Goodwill is not deductible for income tax purpose. The identified intangible asset acquired was developed technology in the amount of $10.0 million with an estimated useful life of 6 years. The Floow acquisition On April 14, 2022, the Company acquired 100% of the share capital of The Floow Limited (“The Floow”), a privately held company in the United Kingdom, a SaaS provider of connected insurance technology for major carriers globally. The total purchase consideration transferred for The Floow acquisition was $31.4 million: (a) $10.8 million in cash (b) $10.7 million in equity for the fair value of 6,363,636 shares of the Company’s ordinary shares issued. (c) Contingent consideration of up to $12 million in cash and up to 6,545,454 of the Company’s ordinary shares, based on performance condition, which was evaluated as of the acquisition date, at a fair value of the amount of $9.9 million. The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the date of acquisition: Fair Value Useful life USD thousand In years Net tangible assets and liabilities assumed (current and non-current) (1,355 ) Customer Relationships 9,454 8 Technology 7,881 5 Trademark 435 2 Goodwill 14,934 31,349 Goodwill is primarily attributable to expected synergies arising from customer relationships, the expanded product availability to the Company’s existing and new customers, technology integration, and trademark, and the benefits from combining the activity of the acquired entity with the Company. Goodwill is not deductible for income tax purposes. Contingent Consideration As part of the purchase agreement of The Floow, the Company is obligated to pay additional consideration to the former shareholders of The Floow, contingent upon achievement of certain future revenue over a period of 24 months following July 1, 2022, the additional consideration of up to $12.0 million in cash and up to 6,545,454 of the Company’s ordinary shares will be paid in 2 tranches every 12 months. In the event of a change of control of the Company, certain acceleration conditions may be triggered. As of acquisition, the Company evaluated the contingent consideration liability related to the earnout provision in the amount of $9.9 thousand, which is reported in Current and Non-current contingent consideration in the accompanying consolidated balance sheets. The Company used a probability-weighted future cash flows approach to estimate the contingent consideration. The amount accrued was discounted to include the present value of the liability. Refer also to Note 5 in respect of subsequent measurement of the contingent consideration. Pro Forma on acquisitions The following unaudited pro forma financial information summarizes the combined results of operations for the Company, Neura and The Floow, as if the acquisitions had been completed on January 1, 2021. The unaudited pro forma Year Ended Year Ended December 31 December 31 2022 2021 USD thousands USD thousands Revenue 8,591 10,109 Net loss (121,462 ) (40,063 ) The pro forma financial information for all periods presented above has been calculated after adjusting the results of Neura and The Floow to reflect the business combination accounting effects resulting from these acquisitions, including the amortization expense from acquired intangible assets, impairment of goodwill and intangible assets, and the share-based compensation expenses for unvested share options. The historical consolidated financial statements have been adjusted in the pro forma combined financial statements to give effect to pro forma events that are directly attributable to the business combination and factually supportable. The pro forma financial information is for informational purposes only and is not indicative of the results of operations that would have been achieved if the acquisitions had taken place at the beginning of 2021.

Segments and Entity-Wide Disclo

Segments and Entity-Wide Disclosure	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Segment Reporting Disclosure	Note 4 - Segments and Entity-Wide Disclosure Otonomo operates its business and reports its financial results in two segments: (a) Connected Vehicles – connected vehicle data platform, which provides customers access to vehicle data and other value-added services (“Connected Vehicle”), complemented by Mobility Intelligence platform (“MI services”). (b) Insurance related Services – connected insurance technology to insurance carriers, comprised of The Floow acquired activity. The chief operating decision maker (“CODM”) reviews financial information prepared on a consolidated basis, accompanied by disaggregated information about revenues and contributed profit by the two identified reportable segments, to make decisions about resources to be allocated to the segments and assess their performance. In 2021, prior to the The Floow acquisition, Otonomo operated in one operating and reportable segment, the Connected Vehicles segment, therefore corresponding information for earlier periods is not applicable. Otonomo’s CODM does not regularly review asset information by reportable segment and, therefore, Otonomo does not report asset information by reportable segment. Segment loss is comprised of operating loss and does not include amortization, depreciation and certain other items. A. Segment information Year ended December 31 2022 Connected Vehicles Insurance related Services Total USD thousands USD thousands USD thousands Revenues 3,078 3,914 6,992 Segment loss (51,326 ) (6,463 ) (57,789 ) Amounts not allocated to segments: Depreciation and amortization (2,749 ) Contingent consideration income 8,954 Impairment of goodwill (49,686 ) Impairment of intangible assets (22,355 ) Share-based compensation (9,756 ) Operating loss (133,381 ) Financial income, net 2,455 Loss before income taxes (130,926 ) B. Revenue by geographical region of the Company’s customers Year ended Year ended Year ended December 31 December 31 December 31 2022 2021 2020 USD thousands USD thousands USD thousands Americas 3,283 176 43 APAC 188 329 164 EMEA 3,521 1,218 187 Total revenues 6,992 1,723 394 C. Property and equipment, net, and operating lease right-of-use assets, by geographic region December 31 December 31 2022 2021 USD thousands USD thousands United States 30 9 Israel 1,878 716 Europe 1,175 - Total operating lease right-of-use assets, property and equipment, net 3,083 725 D. Number of customers accounted for over 10% of the revenues For the year ended December 31, 2022, the Company had two customers that accounted for 12% and 16% respectively, of its revenues. For the year ended December 31, 2021, the Company had three customers that accounted for 13%, 14% and 28%, respectively, of its revenues. For the year ended December 31, 2020, the Company had two customers that accounted for 12% and 30%, respectively, of its revenues.

Fair Value Measurement

Fair Value Measurement	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurement	Note 5 - Fair Value Measurement The Company's financial assets and liabilities measured at fair value on a recurring basis, consisted of the following types of instruments, and classified in the tables below in one of the three categories described in note 2.I.: December 31, 2022 December 31, 2021 Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 USD thousands Money Market funds (1) 447 - - - - - U.S. Treasury securities (1) 4,197 - - - - - Corporate bonds (1) - 32,516 - - - - Commercial papers (1) - 7,030 - - - - U.S. government agency securities (1) - 9,399 - - - - Foreign bonds (1) - 1,700 - - - - Contingent consideration (2) - - (911 ) - - - Warrants for ordinary shares (3) - - (155 ) - - (1,924 ) 4,644 50,645 (1,066 ) - - (1,924 ) (1) The following tables summarize the composition of marketable securities as of December 31, 2022: December 31, 2022 Amortized Cost Unrealized Fair Value USD thousands Money market funds 447 - 447 Available-for-sale debt securities Corporate bonds 32,562 (46 ) 32,516 Commercial papers 7,030 - 7,030 U.S. government agency securities 9,411 (12 ) 9,399 U.S. Treasury securities 4,198 (1 ) 4,197 Foreign bonds 1,700 - 1,700 Total 54,901 (59 ) 54,842 55,348 (59 ) 55,289 Accrued interest in an amount of $298 thousands is included in marketable securities on the consolidated balance sheets as of December 31, 2022. The following table summarizes the fair value and amortized cost of the available-for-sale debt securities by contractual maturity as of December 31, 2022: December 31, 2022 Amortized Cost Fair Value USD thousands Due within one year 44,596 44,556 Due after one year through two years 10,305 10,286 Total 54,901 54,842 (2) Contingent consideration represents liabilities recorded at fair value in connection with acquisitions, and thus represents a Level 3 measurement within the fair value hierarchy. The following table sets forth a summary of the changes in the fair value of the contingent consideration: USD thousands Fair value as of January 1, 2022 - Current year acquisitions, see note 3 9,865 Change in fair value (8,954 ) Fair value as of December 31, 2022 911 As of December 31, 2022, the Company evaluated the contingent consideration based on updated revenue growth assumptions, including the decline in the Company’s ordinary shares fair value, resulting with a decrease in the liability for contingent consideration of $8,954 thousands during 2022. (3) In connection with the Recapitalization, on August 13, 2021, the Company issued 5,200,000 private warrants. the warrants were classified as a liability measured at fair value, with changes in fair value each period reported in the consolidated statements of operations. Refer to note 11. Other financial instruments consist mainly of cash and cash equivalents, deposits, receivables, and accounts payable. The fair value of these financial instruments approximates their carrying values.

Property and Equipment, net

Property and Equipment, net	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment, net	Note 6 - Property and Equipment, net Property and equipment consist of the following: December 31 December 31 2022 2021 USD thousands USD thousands Computer and software 839 498 Office furniture and equipment 513 376 Leasehold improvements 426 359 1,778 1,233 Less - accumulated depreciation (735 ) (508 ) Property and equipment, net 1,043 725 Depreciation expenses were $259 thousand, $132 thousand and $147 thousand for the years ended December 31, 2022, 2021, and 2020 respectively.

Goodwill and Intangible Assets,

Goodwill and Intangible Assets, net	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets, net	Note 7 - Goodwill and Intangible Assets, net During the year ended December 31, 2022, the Company’s quoted share price declined significantly, the decrease in the Company’s market capitalization and lower than expected growth rate in each of the two reporting units were considered by management as indicators of potential impairment which required an impairment analysis. The analysis included revised revenue growth assumptions, operating profit margins and a revised cash flow projection, together with a reconciliation of the fair value of each of the reporting units to the Company’s market capitalization as of the day of the analysis. As a result, the Company recorded in 2022 goodwill impairment charges of $49.7 million, and intangibles impairment charges of $22.4 million, writing-off of the entire goodwill and the entire net intangibles assets as of the date of the analysis. Changes in the carrying amount of the Company’s goodwill for the years ended December 31, 2022, and 2021 were as follows: 2022 2021 USD thousands USD thousands Balance on January 1, 37,000 - Goodwill acquired 14,934 37,000 Currency translation adjustments (2,248 ) - Impairment (49,686 ) - Balance on December 31, - 37,000 Changes in the carrying amount of the Company’s other intangible assets, net for the years ended December 31, 2022, and 2021 were as follows: 2022 2021 USD thousands USD thousands Balance on January 1, 9,621 - Assets acquired: Technology 7,881 10,021 Customer Relationships 9,454 - Trademark 435 - Amortization (2,490 ) (400 ) Currency translation adjustments (2,546 ) - Impairment (22,355 ) - Balance on December 31, - 9,621

Operating Lease

Operating Lease	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Operating Lease	Note 8 - Operating Lease The Company leases its headquarters in Israel. The lease agreement expired in December 2022, and contains a renewal option of 2 years, which was reasonably certain to be exercised and therefore are factored into our determination of lease payments. In Addition, the Company acquired operating lease right-of-use assets and liabilities in Sheffield, UK, through the recent business combination of The Floow, which their lease agreements will expire in September 2027 and December 2029. The Company’s operating lease expenses are recognized on a straight-line basis. Operating lease cost for the twelve months ended December 31, 2022 were as follows: December 31 2022 USD thousand Operating lease cost: Fixed payments and variable payments that depend on an index or rate 1,000 1,000 Cash flow and other information related to operating leases were as follows: December 31 2022 USD thousand Cash paid for amounts included in the measurement of lease liabilities 904 Right-of-use assets obtained in exchange for new operating lease liabilities 2,040 December 31 2022 Weighted-average remaining lease term of operating leases 3.71 years Weighted average discount rate of operating leases 3.10 % Maturities of operating lease liabilities were as follows: USD thousand 2023 742 2024 742 2025 183 2026 183 Thereafter 259 Total undiscounted minimum lease payments 2,109 Less: Imputed interest (155 ) 1,954

Other payables and Accrued Expe

Other payables and Accrued Expenses	12 Months Ended
	Dec. 31, 2022
Other Payables and Accrued Expenses [Abstract]
Other payables and Accrued Expenses	Note 9 - Other Payables and Accrued Expenses December 31 December 31 2022 2021 USD thousands USD thousands Employees and related institutions 6,363 4,973 Vacation and convalescence 1,127 1,246 Accrued expenses and other 3,070 1,819 Government institutions 398 367 10,958 8,405

Commitments and contingencies

Commitments and contingencies	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 10 - Commitments and Contingencies The Company may be subject from time to time to various proceedings, lawsuits, disputes, or claims in the ordinary course of business. The Company investigates these claims as they arise. Although claims are inherently unpredictable, the Company is currently not aware of any matters that, if determined adversely to the Company, would individually or taken together, have a material adverse effect on its business, financial position, results of operations, or cash flows.

Equity

Equity	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Equity	Note 11 - Equity A. Recapitalization and Subscription Agreements On August 13, 2021 (the “Closing Date”), the Company merged with SWAG. On the Closing Date, the following transactions occurred pursuant to the terms of the Merger, Subscription and Share Purchase agreements: 1) Merger Sub merged with and into SWAG, with SWAG surviving the merger. As a result of the Merger, and simultaneously with the other transactions mentioned above, SWAG became a wholly owned subsidiary of the Company, with the securityholders of SWAG becoming securityholders of the Company. 2) Each outstanding Preferred Share of the Company was converted into one Ordinary Share. 3) After giving effect to the redemption of approximately $59,863 thousand of SWAG's Class A Stock, the remaining securityholders of SWAG were issued an aggregate of 15,576,479 of the Company's ordinary shares for gross proceeds of $112,646 thousand. 4) In accordance with the terms of the Subscription Agreements, the PIPE Investors were issued an aggregate of 14,250,000 the Company's ordinary shares for gross proceeds of $142,500 thousand. 5) In accordance with the terms of the Share Purchase Agreement, the Secondary PIPE Investors purchased 3,000,000 of the Company's ordinary shares from the Secondary Selling Shareholders at a purchase price of $10.00 per share, for an aggregate purchase price of $30,000 thousand. 6) The Company effected a share split of each ordinary share into such number of ordinary shares, such that each ordinary share has a value of $10.00 per share after giving effect to such share split. As of the Closing Date, the share split calculated ratio was 1:4.6937. As a result, all ordinary share, redeemable convertible preferred shares, options for ordinary shares, exercise price and net loss per share amounts were adjusted retroactively for all periods. In addition, upon the closing of the Recapitalization, 8,625,000 public warrants and 5,200,000 private warrants, that were both issued by SWAG prior to the Transaction, were outstanding to purchase Company Ordinary Shares. Each warrant entitles the holder to purchase one Company Ordinary Share at a price of $11.50 per share, subject to adjustments. The warrants are exercisable at any time commencing 30 days after the completion of the Recapitalization and expire five years after the Closing Date or earlier upon redemption or liquidation. The Company may redeem the outstanding warrants in whole and not in part at a price of $0.01 per warrant at any time after they become exercisable, provided that the last sale price of the Company Ordinary Shares equals or exceeds $18 per share, subject to adjustments, for any 20-trading days within a 30-trading day period ending three business days prior to the date on which the Company sends the notice of redemption to the warrant holders. The private warrants have similar terms as the public warrants, except that the private warrants may be exercised on a cashless basis at the holder’s option and the private warrants will not be redeemed by the Company as long as they are held by the initial purchasers or their permitted transferees, but once they are transferred, they have the same rights as the public warrants. The public warrants were classified as a component of permanent equity and the private warrants were classified as a liability measured at fair value pursuant to ASC 480 “Distinguishing Liabilities from Equity” and ASC 815 “Derivatives and Hedging”. B. Ordinary shares Each ordinary share is entitled to one vote. The holders of ordinary shares are also entitled to receive dividends whenever funds are legally available and when declared by the Board of Directors, subject to the prior rights of holders of all classes of shares outstanding. C. Redeemable Convertible Preferred Seed, A, B, C and C-1 Shares Upon the consummation of the recapitalization transaction, all redeemable convertible preferred shares outstanding, totaling 64,105,866 shares, were automatically converted into an equivalent number of ordinary shares on a one-to-one basis and their carrying value of $88,598 thousand was reclassified into shareholders’ equity. D. Warrants for redeemable convertible preferred shares On February 16, 2020, the Company signed an investment agreement for a total consideration of $20,000 thousand, issuing a total of 4,717,813 redeemable convertible preferred C shares together with 1,179,456 warrants (“Warrants”). Each warrant was exercisable to one redeemable convertible preferred C Share with an exercise price of $0.0001 per warrant. On June 15, 2021, the warrants were converted to 1,179,456 redeemable convertible preferred C shares. As the deemed liquidation preference provisions of the Redeemable Convertible Preferred C Shares were considered contingent redemption provisions that are not solely within the Company’s control, the Warrants had been presented as a liability, with a mark-to-market adjustment related to value of the Warrants being charged to the consolidated statements of operations as part of the financial income (expenses), net, every period. For the years ended December 31, 2021 and 2020, the Company recorded a financial expense of $3,165 thousand and $3,271 thousand relating to the warrant’s fair value increased in the periods, respectively. The exercise price of each Warrant was $0.0001 and therefore, the fair value of each Warrant is approximately equaled to the fair value of the underlined Redeemable Convertible Preferred C Share. E. Warrants for ordinary shares In connection with the Recapitalization, on August 13, 2021, the Company issued warrants to purchase an aggregate of up to 13,825,000 Company Ordinary Shares, of which 5,200,000 are private warrants. The private warrants include provisions for potential changes to the settlement amounts dependent upon the characteristics of the holder of the warrant. Because the holder of the warrant is not an input into the pricing of a fixed-for-fixed option on equity shares, such a provision precludes the warrants from being indexed to the Company’s share, and thus the warrants were classified as a liability measured at fair value, with changes in fair value each period reported in the consolidated statements of operations. The Company measures the fair value of the private warrants using the Black and Scholes option pricing model. The fair value of the private warrants is considered a Level 3 fair value pursuant to ASC 820 “Fair Value” since valuation technique includes unobservable inputs. The Black-Scholes assumptions used to value the private warrants are as follows: December 31 December 31 2022 2021 Volatility 89.1 % 41.0 % Risk-free interest rate 4.1 % 1.2 % Expected dividends 0.0 % 0.0 % Expected life (in years) 3.62 4.6 For the year ended December 31, 2022, and 2021, the Company recognized a financial income of $1,769 thousand and $8,424 thousand, respectively, to the consolidated statements of operations as part of the financial income (expenses), net, relating to the warrant’s fair value decreased in the period. December 31 December 31 2022 2021 Value of warrant per share $ 0.03 $ 0.37 Number of ordinary shares issuable upon exercise of warrants 5,200,000 5,200,000 Fair value of warrant liability (in USD thousand) $ 155 $ 1,924 F. Share Based Compensation In February 2016, the Company adopted the 2016 Share Incentive Plan (the “2016 Plan”) for employees and consultants. Under the 2016 Plan, the Board of Directors (the “Board”) has the authority to grant share options to employees and consultants of the Company under varying Israel tax regimes or any other tax ruling provided by the tax authorities to the Company, as well as with respect to non-Israeli residents pursuant to the applicable law in their respective country of residence. Each option entitles the holder to purchase one ordinary share with no par value. On December 25, 2016, the Company adopted the 2016 U.S. Sub Plan, designated for U.S. persons. In April 2021, the Company adopted the 2021 Share Incentive Plan (the “2021 Plan”). Following the effectiveness of the 2021 Plan, the Company will no longer grant any awards under the 2016 Plan, though previously granted options under the 2016 Plan remain outstanding and governed by the 2016 Plan. The 2021 Plan provides for the grant of share options and restricted share units. The awards have varying terms, but generally vest over four years. Share options expire 10 years after the date of grant. The Company issues new ordinary shares upon exercise of share options. Share Options A summary of the stock option activity for the year ended December 31, 2022, is as follows: Weighted average Number of Options exercise price Outstanding - January 1, 2021 9,166,946 Granted 754,988 $ 0.40 Forfeited (97,123 ) $ 0.62 Exercised (233,507 ) $ 0.18 Outstanding - December 31, 2021 9,591,304 $ 0.65 Forfeited (638,932 ) $ 1.11 Exercised (916,310 ) $ 0.15 Outstanding - December 31, 2022 8,036,062 $ 0.67 Exercisable at end of period 7,303,499 $ 0.26 The following table summarizes information about stock options outstanding at December 31, 2022: Options outstanding Option exercisable Exercise price Number outstanding at December 31, 2022 Weighted average remaining contractual life (in years) Number $ 9.23 434,484 8.62 86,465 $ 1.11 199,138 7.07 152,183 $ 0.93 2,835 7.36 1,770 $ 0.64 882,757 7.54 555,280 $ 0.62 225,857 6.11 216,810 $ 0.47 47,937 5.09 47,937 $ 0.14 1,001,729 4.01 1,001,729 $ 0.07 502,342 5.04 502,342 $ 0.06 4,738,983 3.64 4,738,983 8,036,062 7,303,499 The fair value of each option award is estimated on the grant date using the Black-Scholes option pricing model, which requires the input of highly subjective assumptions. No options were granted during 2022. The Black-Scholes assumptions used to value the employee options at the grant dates during 2021 and 2020 were as follows: Year ended Year ended December 31 December 31 2021 2020 Volatility 40.6%-45.6 % 38.3%-41.1 % Risk-free interest rate 0.6%-1.4 % 0.4%-1.6 % Expected dividends 0.0 % 0.0 % Expected life (in years) 5.8-6.1 5.5-6.1 Restricted Share Units ("RSU") A summary of RSU activity and related information under the Company's equity incentive plan and the RSU award is as follows: Weighted Average grant Number of RSUs date fair value Balance at January 1, 2021 - Granted 4,031,528 $ 5.21 Vested (98,406 ) $ 7.67 Forfeited (94,257 ) $ 5.60 Balance at December 31, 2021 3,838,865 $ 5.14 Granted 10,662,754 $ 1.12 Vested (2,188,669 ) $ 3.42 Forfeited (1,747,698 ) $ 3.91 Balance at December 31, 2022 10,565,252 $ 1.65 Share-Based Compensation Expenses The share-based compensation expenses by line item in the accompanying Consolidated Statements of Operations is summarized as follows: Year Ended Year Ended Year Ended December 31 December 31 December 31 2022 2021 2020 USD thousands USD thousands USD thousands Cost of Service 73 - - Research and development 2,105 1,103 771 Sales and marketing 3,025 737 406 General and administrative 4,553 1,767 263 9,756 3,607 1,440 The total unrecognized share-based compensation cost as of December 31, 2022, was $20.2 million, which will be recognized over a weighted-average period of 1.45 years. Subsequent to the balance sheet date, a significant portion of the share-based awards and RSUs were forfeited as result of the employment termination of employees. The Company accounts for forfeitures when the employee leaves the Company. G. Accumulated other comprehensive loss The following tables present the changes in the components of accumulated other comprehensive loss, net of taxes, for the year ended December 31, 2022: Unrealized available- Foreign marketable securities, net translation adjustments Total USD thousands Balance as of January 1, 2022 - - - Other comprehensive loss before reclassifications 59 4,791 4,850 Amounts reclassified from accumulated other comprehensive loss - - - Other comprehensive loss, net of tax 59 4,791 4,850 Balance as of December 31, 2022 59 4,791 4,850 During the years ended and as of December 31, 2021 and 2020, the Company did not have accumulated other comprehensive loss.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Note 12 - Income Taxes A. Income tax rate • The corporate tax rate in Israel relevant to the Company is 23%. • The corporate tax rate in the UK relevant to the Company’s subsidiary is 19%. • The Company’s subsidiaries are separately taxed under the domestic tax laws of the jurisdiction of incorporation of each entity. B. Deferred taxes The following table presents the significant components of the Company’s deferred tax assets and liabilities: December 31 December 31 2022 2021 USD thousands USD thousands Deferred tax assets: Operating loss and tax credit carryforwards 51,675 30,882 Capitalized research and development expenses 2,098 2,061 Share based compensation 2,070 1,125 Accrued expenses and other items 244 596 Deferred tax assets 56,087 34,664 Valuation allowance (55,929 ) (32,408 ) Deferred tax assets, net of valuation allowance 158 2,256 Deferred tax liabilities: Intangible assets - (2,198 ) Other items (69 ) - Deferred tax liabilities (69 ) (2,198 ) Net deferred taxes 89 58 The Company’s deferred tax assets and liabilities are included within other long-term assets and other non-current liabilities, respectively, on the consolidated balance sheets. Based on the available evidence, management believes that it is more likely than not that certain of its deferred tax assets relating to net operating loss carryforwards and other temporary differences will not be realized and accordingly, a valuation allowance has been recognized. C. Income tax expense The components of the loss before income tax expense were as follows: Year ended Year ended Year ended December 31 December 31 December 31 2022 2021 2020 USD thousands USD thousands USD thousands Israel (35,706 ) (27,301 ) (20,004 ) Foreign (95,220 ) (3,411 ) 39 Total (130,926 ) (30,712 ) (19,965 ) Income tax expense was as follows: Current: Israel 133 87 - Foreign 44 146 73 Total current tax expense 177 233 73 Deferred: Foreign (31 ) (11 ) 3 Total deferred tax expense (benefit) (31 ) (11 ) 3 Total income tax expense 146 222 76 D. Reconciliation A reconciliation of the amount of income tax benefit that would result from applying the Israeli statutory income tax rate to reported income tax expense is as follows: Year ended Year ended Year ended December 31 December 31 December 31 2022 2021 2020 USD thousands USD thousands USD thousands Loss before income tax expense as reported in the consolidated statements of operations (130,926 ) (30,712 ) (19,965 ) Statutory income tax rate 23 % 23 % 23 % Theoretical income tax benefit (30,113 ) (7,063 ) (4,592 ) Foreign tax rate differentials 2,599 69 1 Non-deductible share-based compensation 1,939 837 288 Revaluation of warrants (407 ) (1,210 ) 752 Goodwill impairment 10,176 - - Contingent consideration income (2,059 ) - - Currency transactions gain - (1,069 ) (1,602 ) Change in valuation allowance 18,066 8,688 5,256 Other differences, net (55 ) (30 ) (27 ) Reported income tax expense 146 222 76 E. Operating loss carryforwards As of December 31, 2022, the Company has net operating loss carryforwards in Israel of approximately $156 million that carry forward indefinitely. As of December 31, 2022, the Company's subsidiaries have net operating loss carryforwards in the US of approximately $54.5 million and in the UK of approximately $22.5 million. If not utilized, approximately $14 million of federal and state net operating loss carryforwards in the US will expire between the years ended 2033 and 2037. The U.S. subsidiaries’s utilization of federal net operating losses is subject to an annual limitation due to a “change in ownership,” as defined in Section 382 of the Code. The annual limitation may result in the expiration of net operating losses before utilization. F. Accounting for uncertainty in income taxes The Company has reviewed the tax positions taken, or to be taken, in its tax returns for all tax years currently open to examination by a taxing authority. As of December 31, 2022 and 2021, the Company has not recorded any material uncertain tax position liability. G. Income tax assessments The Company has final tax assessments for all years up to and including the tax year ended December 31, 2017.

Net Loss Per Share Attributable

Net Loss Per Share Attributable to Ordinary Shareholders	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Net Loss Per Share Attributable to Ordinary Shareholders	Note 13 - Net Loss Per Share Attributable to Ordinary Shareholders The following table sets forth the computation of basic and diluted net loss per share attributable to ordinary shareholders for the periods presented: Year ended Year ended Year ended December 31 December 31 December 31 2022 2021 2020 In USD thousands, except share data Numerator: Net loss (131,072 ) (30,934 ) (20,041 ) Denominator: Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, basic and diluted 138,362,785 69,222,905 30,674,263 Net loss per share attributable to ordinary shareholders, basic and diluted (0.95 ) (0.45 ) (0.65 ) Since the Company incurred net losses for each of the periods presented, diluted net loss per share is the same as basic net loss per share. All of the Company’s outstanding stock options and RSUs, as well as the warrants and convertible redeemable preferred shares were excluded in the calculation of diluted net loss per share as the effect would be anti-dilutive.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	Note 14 - Subsequent Events A. Merger agreement See note 1 regarding the agreement signed on February 9, 2023, between the Company and Urgently. B. Notification of Noncompliance Effective as of January 9, 2023, the Company moved the listing of its ordinary shares from the Nasdaq Global Market to the Nasdaq Capital Market and requested from Nasdaq an additional 180-day compliance period to meet the minimum bid price. On February 21, 2023, Nasdaq notified the Company that it had determined Otonomo was eligible for an additional 180-calendar day period, or until August 21, 2023, to regain compliance from the Listing Qualifications Department of Nasdaq, especially the minimum bid price requirement under the Nasdaq Listing Rules.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	A Basis of Presentation
Recapitalization	B. Recapitalization
Use of Estimates	C. Use of Estimates A number of estimates have been and will continue to be affected by global events and other longer-term macroeconomic conditions, including rising inflation and increasing interest rates. As a result, the accounting estimates and assumptions may change over time. These consolidated financial statements reflect the financial statement effects based upon management’s estimates and assumptions utilizing the most currently available information.
Foreign Currency	D. Foreign Currency
Concentration of Credit Risk	E. Concentration of Credit Risk
Cash, Cash equivalents and restricted cash	F Cash, Cash equivalents and restricted cash
Short-term deposits	G. Short-term deposits
Marketable securities	H. Marketable securities
Fair Value Measurements	I. Fair Value Measurements Level 2: Observable inputs that are based on inputs not quoted on active markets but corroborated by market data.
Accounts Receivables	J. Accounts Receivables, net
Property and Equipment	K. Property and Equipment % Computers and software 33 Office furniture and equipment 7;15 Leasehold improvements Shorter of remaining lease term or estimated useful life The Company evaluates the recoverability of property and equipment for possible impairment whenever events or circumstances indicate that the carrying amount of such assets may not be fully recoverable. Recoverability of these assets is measured by a comparison of the carrying amounts to the future undiscounted cash flows the assets are expected to generate. If such review indicates that the carrying amount of property and equipment is not recoverable, the carrying amount of such assets is reduced to fair value. There were no impairment charges to property and equipment during the years presented.
Capitalized Software Costs	L. Capitalized Software Costs
Business Combinations	M. Business Combinations
Goodwill and Intangible Assets, net	N. Goodwill and Intangible Assets, net Intangible assets are amortized over the period of estimated benefit and estimated useful lives ranging from two to eight years. The Company reviews the carrying amounts for potential impairment when events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. During 2022, as a result of the decline in the quoted share price of the Company, an impairment loss was recognized for the entire goodwill and intangible assets. For information on key assumptions used in calculation of the recoverable amount, see Note 7.
Employee Benefit Plans	O. Employee Benefit Plans a) Section 14 of the Israeli Severance Pay Law b) 401(k) Savings Plan
Leases	P. Leases The Company determines if an arrangement is a lease at inception. The Company currently does not have any finance leases. Certain lease agreements in Israel include rental payments adjusted periodically for the Israeli consumer price index (“CPI”). The ROU and lease liability were calculated using the initial CPI and are not subsequently adjusted. For short-term leases with a term of 12 months or less, operating lease ROU assets and liabilities are not recognized and the Company records lease payments in the Consolidated Statements of Operations on a straight-line basis over the lease term. The interest rate used to determine the present value of the future lease payments is the Company’s incremental borrowing rate, because the interest rate implicit in the Company’s leases is not readily determinable. The Company’s incremental borrowing rate is estimated to approximate the interest rate on a collateralized basis with similar terms and payments, and in economic environments where the leased asset is located. The Company’s lease terms may include options to extend or terminate the lease. These options are reflected in the ROU asset and lease liability when it is reasonably certain that the Company will exercise the option. Operating lease expense is recognized on a straight-line basis over the lease term. The adoption of the standard resulted in the recognition of right of use ("ROU") assets and lease liabilities of approximately $1.8 million, on January 1, 2022, for the headquarters in Israel.
Revenue Recognition	Q. Revenue Recognition The revenue comprised mainly of subscription fees from customers accessing the Company’s enterprise cloud computing services (“SaaS subscriptions”). The Company determines revenue recognition through the following five-step framework: • Identification of the contract, or contracts, with a customer; • Identification of the performance obligations in the contract; • Determination of the transaction price; • Allocation of the transaction price to the performance obligations in the contract; and • Recognition of revenue when, or as, the Company satisfies a performance obligation. Performance obligations promised in a contract are identified based on the services that will be transferred to the customer that are both capable of being distinct, whereby the customer can benefit from the services either on their own or together with other resources that are readily available from third parties or from the Company, and are distinct in the context of the contract, whereby the transfer of the services is separately identifiable from other promises in the contract. The Company enters into contracts that can include various combinations of products and services, which are generally capable of being distinct and accounted for as separate performance obligations. The Company evaluates the terms and conditions included within the customer’s contracts to ensure appropriate revenue recognition, including whether products and services are considered distinct performance obligations that should be accounted for separately versus together. For contracts with multiple performance obligations, the transaction price is allocated to the separate performance obligations on a relative standalone selling price basis. The Company determine standalone selling price by considering the historical selling price of these performance obligations in similar transactions as the well as other factors, including, but not limited to, competitive pricing of similar products, other software vendor pricing, industry publications and current pricing practices. The Company’s SaaS subscriptions revenues consist primarily of fees to provide the Company’s customers access to its cloud-based platform, which includes routine customer support. Subscription service contracts do not provide customers with the right to take possession of the software, are cancelable, and do not contain general rights of return. The Company recognizes subscription revenues ratably over the contract term beginning on the commencement date of each contract, which is the date the Company makes the services available to the customers. Subscription contracts typically have a term of up to three years and are based on fixed-fee and/or a pay per use basis. Certain pay per use contract includes minimum monthly or annual fees. For fixed-fee basis contracts, invoicing occurring in quarterly or monthly installments at the end of each period. Fixed or substantive minimum fees are recognized ratably over the term of the arrangement beginning on the date that the service is made available to the customer. For pay per use basis contracts, the Company applies the ‘as-invoiced’ practical expedient and recognizes revenue in the amount which is equivalent to the service rendered each month. Invoicing is normally done monthly at the end of each month. Contract assets consist of unbilled accounts receivable, which occur when a right to consideration for the Company’s performance under the customer contract occurs before invoicing to the customer. The amount of unbilled accounts receivable included within accounts receivable, net, on the consolidated balance sheets. Contract liabilities consist of deferred revenue. Revenue is deferred when the Company invoices in advance of performance under a contract. To the extent the Company bill customers in advance of the billing period commencement date, the trade receivable and corresponding deferred revenue amounts are netted to zero on the Company’s consolidated balance sheets, unless such amounts have been paid as of the balance sheet date. The current portion of the deferred revenue balance is recognized as revenue during the 12-month period after the balance sheet date. Contract Balances Of the $216 thousand of deferred revenue recorded as of December 31, 2022, the Company expects to recognize 100% as revenue during the year ended December 31, 2023. Cost to Obtain a Contract The Company capitalizes certain sales commissions as costs of obtaining a contract when they are incremental and if they are expected to be recovered. These costs are subsequently amortized consistently with the pattern of revenue recognition from contracts for which the commissions relate, over an estimated period of benefit. Deferred commission costs capitalized are periodically reviewed for impairment. There were no impairment losses recorded during the periods presented. For costs that the Company would have capitalized and amortized over one year or less, the Company has elected to apply the practical expedient and expense these costs as incurred. Amortization expense of these costs are included in selling and marketing expenses. As of December 31, 2022, the amount of deferred commissions was $273 and is included in other receivables and prepaid expenses and other long-term assets on the consolidated balance sheets. As of December 31, 2021, incremental costs of obtaining a contract that are eligible to capitalization, were immaterial.
Cost of Services	R. Cost of Services
Cloud Infrastructure	S. Cloud infrastructure
Research and Development	T. Research and Development
Share-Based Compensation	U. Share Based Compensation
Income Taxes	V. Income Taxes
Net Loss Per Share	W. Net Loss Per Share The Company’s basic net loss per share is calculated by dividing net loss attributable to ordinary shareholders by the weighted-average number of shares of ordinary shares outstanding for the period, without consideration of potentially dilutive securities. The diluted net loss per share is calculated by giving effect to all potentially dilutive securities outstanding for the period using the treasury share method or the if-converted method based on the nature of such securities. Diluted net loss per share is the same as basic net loss per share in periods when the effects of potentially dilutive shares of ordinary shares are anti-dilutive.
Recently Issued Accounting Pronouncements	Y. Recently Issued Accounting Pronouncements In June 2016, the FASB issued an ASU 2016-13, Topic 326, that supersedes the existing impairment model for most financial assets to a current expected credit loss model. The new guidance requires an entity to recognize an impairment allowance equal to its current estimate of all contractual cash flows the entity does not expect to collect. The guidance will be effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2022, with early adoption permitted. The Company is in the process of evaluating the effects of this standard on it the consolidated financial statements.
Recently Adopted Accounting Pronouncements	X. Recently Adopted Accounting Pronouncements

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Schedule of Annual Rates at Depreciation	% Computers and software 33 Office furniture and equipment 7;15 Leasehold improvements Shorter of remaining lease term or estimated useful life

Business Combinations (Tables)

Business Combinations (Tables)	12 Months Ended
	Dec. 31, 2022
Business Acquisition [Line Items]
Schedule of pro forma financial information	Year Ended Year Ended December 31 December 31 2022 2021 USD thousands USD thousands Revenue 8,591 10,109 Net loss (121,462 ) (40,063 )
Neura Acquisition [Member]
Business Acquisition [Line Items]
Schedule of fair value of assets acquired and liabilities assumed acquisition	Fair Value USD thousands Net tangible assets and liabilities assumed (current and non-current) (205 ) Technology 10,021 Goodwill 37,000 Net assets acquired 46,816
The Floow Acquisition [Member]
Business Acquisition [Line Items]
Schedule of fair value of assets acquired and liabilities assumed acquisition	Fair Value Useful life USD thousand In years Net tangible assets and liabilities assumed (current and non-current) (1,355 ) Customer Relationships 9,454 8 Technology 7,881 5 Trademark 435 2 Goodwill 14,934 31,349

Segments and Entity-Wide Disc_2

Segments and Entity-Wide Disclosure (Tables)	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Schedule of segment reporting information, by segment	Year ended December 31 2022 Connected Vehicles Insurance related Services Total USD thousands USD thousands USD thousands Revenues 3,078 3,914 6,992 Segment loss (51,326 ) (6,463 ) (57,789 ) Amounts not allocated to segments: Depreciation and amortization (2,749 ) Contingent consideration income 8,954 Impairment of goodwill (49,686 ) Impairment of intangible assets (22,355 ) Share-based compensation (9,756 ) Operating loss (133,381 ) Financial income, net 2,455 Loss before income taxes (130,926 )
Schedule of revenue by major customers by reporting segments	Year ended Year ended Year ended December 31 December 31 December 31 2022 2021 2020 USD thousands USD thousands USD thousands Americas 3,283 176 43 APAC 188 329 164 EMEA 3,521 1,218 187 Total revenues 6,992 1,723 394
Schedule of operating lease right-of-use assets segment	December 31 December 31 2022 2021 USD thousands USD thousands United States 30 9 Israel 1,878 716 Europe 1,175 - Total operating lease right-of-use assets, property and equipment, net 3,083 725

Fair Value Measurement (Table)

Fair Value Measurement (Table)	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Schedule of fair value, assets and liabilities measured on recurring basis	December 31, 2022 December 31, 2021 Level 1 Level 2 Level 3 Level 1 Level 2 Level 3 USD thousands Money Market funds (1) 447 - - - - - U.S. Treasury securities (1) 4,197 - - - - - Corporate bonds (1) - 32,516 - - - - Commercial papers (1) - 7,030 - - - - U.S. government agency securities (1) - 9,399 - - - - Foreign bonds (1) - 1,700 - - - - Contingent consideration (2) - - (911 ) - - - Warrants for ordinary shares (3) - - (155 ) - - (1,924 ) 4,644 50,645 (1,066 ) - - (1,924 )
Schedule of amortized cost of available-for-sale debt securities	December 31, 2022 Amortized Cost Unrealized Fair Value USD thousands Money market funds 447 - 447 Available-for-sale debt securities Corporate bonds 32,562 (46 ) 32,516 Commercial papers 7,030 - 7,030 U.S. government agency securities 9,411 (12 ) 9,399 U.S. Treasury securities 4,198 (1 ) 4,197 Foreign bonds 1,700 - 1,700 Total 54,901 (59 ) 54,842 55,348 (59 ) 55,289
Schedule of composition of marketable securities	December 31, 2022 Amortized Cost Fair Value USD thousands Due within one year 44,596 44,556 Due after one year through two years 10,305 10,286 Total 54,901 54,842
Schedule of fair value of contingent consideration	USD thousands Fair value as of January 1, 2022 - Current year acquisitions, see note 3 9,865 Change in fair value (8,954 ) Fair value as of December 31, 2022 911

Property and Equipment, net (Ta

Property and Equipment, net (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	December 31 December 31 2022 2021 USD thousands USD thousands Computer and software 839 498 Office furniture and equipment 513 376 Leasehold improvements 426 359 1,778 1,233 Less - accumulated depreciation (735 ) (508 ) Property and equipment, net 1,043 725

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets, net (Tables)	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of changes in carrying amount of goodwill	2022 2021 USD thousands USD thousands Balance on January 1, 37,000 - Goodwill acquired 14,934 37,000 Currency translation adjustments (2,248 ) - Impairment (49,686 ) - Balance on December 31, - 37,000
Schedule of changes in carrying amount of other intangible assets, net	2022 2021 USD thousands USD thousands Balance on January 1, 9,621 - Assets acquired: Technology 7,881 10,021 Customer Relationships 9,454 - Trademark 435 - Amortization (2,490 ) (400 ) Currency translation adjustments (2,546 ) - Impairment (22,355 ) - Balance on December 31, - 9,621

Operating Lease (Tables)

Operating Lease (Tables)	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Schedule of operating lease cost	December 31 2022 USD thousand Operating lease cost: Fixed payments and variable payments that depend on an index or rate 1,000 1,000
Schedule of cash flow and other information related to operating leases	December 31 2022 USD thousand Cash paid for amounts included in the measurement of lease liabilities 904 Right-of-use assets obtained in exchange for new operating lease liabilities 2,040 December 31 2022 Weighted-average remaining lease term of operating leases 3.71 years Weighted average discount rate of operating leases 3.10 %
Schedule of maturities of operating lease liabilities	USD thousand 2023 742 2024 742 2025 183 2026 183 Thereafter 259 Total undiscounted minimum lease payments 2,109 Less: Imputed interest (155 ) 1,954

Other payables and Accrued Ex_2

Other payables and Accrued Expenses (Tables)	12 Months Ended
	Dec. 31, 2022
Other Payables and Accrued Expenses [Abstract]
Schedule of Other payables and Accrued Expenses	December 31 December 31 2022 2021 USD thousands USD thousands Employees and related institutions 6,363 4,973 Vacation and convalescence 1,127 1,246 Accrued expenses and other 3,070 1,819 Government institutions 398 367 10,958 8,405

Equity (Tables)

Equity (Tables)	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Schedule of assumptions of warrants for ordinary shares	December 31 December 31 2022 2021 Volatility 89.1 % 41.0 % Risk-free interest rate 4.1 % 1.2 % Expected dividends 0.0 % 0.0 % Expected life (in years) 3.62 4.6
Schedule of Fair value of the Warrants	December 31 December 31 2022 2021 Value of warrant per share $ 0.03 $ 0.37 Number of ordinary shares issuable upon exercise of warrants 5,200,000 5,200,000 Fair value of warrant liability (in USD thousand) $ 155 $ 1,924
Schedule of Option Allotments Under Share Based Compensation	A summary of the stock option activity for the year ended December 31, 2022, is as follows: Weighted average Number of Options exercise price Outstanding - January 1, 2021 9,166,946 Granted 754,988 $ 0.40 Forfeited (97,123 ) $ 0.62 Exercised (233,507 ) $ 0.18 Outstanding - December 31, 2021 9,591,304 $ 0.65 Forfeited (638,932 ) $ 1.11 Exercised (916,310 ) $ 0.15 Outstanding - December 31, 2022 8,036,062 $ 0.67 Exercisable at end of period 7,303,499 $ 0.26
Schedule of Share Based Compensation Activity	Options outstanding Option exercisable Exercise price Number outstanding at December 31, 2022 Weighted average remaining contractual life (in years) Number $ 9.23 434,484 8.62 86,465 $ 1.11 199,138 7.07 152,183 $ 0.93 2,835 7.36 1,770 $ 0.64 882,757 7.54 555,280 $ 0.62 225,857 6.11 216,810 $ 0.47 47,937 5.09 47,937 $ 0.14 1,001,729 4.01 1,001,729 $ 0.07 502,342 5.04 502,342 $ 0.06 4,738,983 3.64 4,738,983 8,036,062 7,303,499
Schedule of Black-Scholes assumptions used to value employee options at grant dates	Year ended Year ended December 31 December 31 2021 2020 Volatility 40.6%-45.6 % 38.3%-41.1 % Risk-free interest rate 0.6%-1.4 % 0.4%-1.6 % Expected dividends 0.0 % 0.0 % Expected life (in years) 5.8-6.1 5.5-6.1
Schedule of RSU activity	Weighted Average grant Number of RSUs date fair value Balance at January 1, 2021 - Granted 4,031,528 $ 5.21 Vested (98,406 ) $ 7.67 Forfeited (94,257 ) $ 5.60 Balance at December 31, 2021 3,838,865 $ 5.14 Granted 10,662,754 $ 1.12 Vested (2,188,669 ) $ 3.42 Forfeited (1,747,698 ) $ 3.91 Balance at December 31, 2022 10,565,252 $ 1.65
Schedule of share based compensation expenses	Year Ended Year Ended Year Ended December 31 December 31 December 31 2022 2021 2020 USD thousands USD thousands USD thousands Cost of Service 73 - - Research and development 2,105 1,103 771 Sales and marketing 3,025 737 406 General and administrative 4,553 1,767 263 9,756 3,607 1,440
Schedule of Accumulated other comprehensive loss	Unrealized available- Foreign marketable securities, net translation adjustments Total USD thousands Balance as of January 1, 2022 - - - Other comprehensive loss before reclassifications 59 4,791 4,850 Amounts reclassified from accumulated other comprehensive loss - - - Other comprehensive loss, net of tax 59 4,791 4,850 Balance as of December 31, 2022 59 4,791 4,850

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of Significant Components of The Company's Deferred Tax Assets and Liabilities	December 31 December 31 2022 2021 USD thousands USD thousands Deferred tax assets: Operating loss and tax credit carryforwards 51,675 30,882 Capitalized research and development expenses 2,098 2,061 Share based compensation 2,070 1,125 Accrued expenses and other items 244 596 Deferred tax assets 56,087 34,664 Valuation allowance (55,929 ) (32,408 ) Deferred tax assets, net of valuation allowance 158 2,256 Deferred tax liabilities: Intangible assets - (2,198 ) Other items (69 ) - Deferred tax liabilities (69 ) (2,198 ) Net deferred taxes 89 58
Schedule of Components of Income Tax Expense (Benefit)	Year ended Year ended Year ended December 31 December 31 December 31 2022 2021 2020 USD thousands USD thousands USD thousands Israel (35,706 ) (27,301 ) (20,004 ) Foreign (95,220 ) (3,411 ) 39 Total (130,926 ) (30,712 ) (19,965 ) Income tax expense was as follows: Current: Israel 133 87 - Foreign 44 146 73 Total current tax expense 177 233 73 Deferred: Foreign (31 ) (11 ) 3 Total deferred tax expense (benefit) (31 ) (11 ) 3 Total income tax expense 146 222 76
Schedule of Effective Income Tax Rate Reconciliation	Year ended Year ended Year ended December 31 December 31 December 31 2022 2021 2020 USD thousands USD thousands USD thousands Loss before income tax expense as reported in the consolidated statements of operations (130,926 ) (30,712 ) (19,965 ) Statutory income tax rate 23 % 23 % 23 % Theoretical income tax benefit (30,113 ) (7,063 ) (4,592 ) Foreign tax rate differentials 2,599 69 1 Non-deductible share-based compensation 1,939 837 288 Revaluation of warrants (407 ) (1,210 ) 752 Goodwill impairment 10,176 - - Contingent consideration income (2,059 ) - - Currency transactions gain - (1,069 ) (1,602 ) Change in valuation allowance 18,066 8,688 5,256 Other differences, net (55 ) (30 ) (27 ) Reported income tax expense 146 222 76

Net Loss Per Share Attributab_2

Net Loss Per Share Attributable to Ordinary Shareholders (Tables)	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Net Loss Per Share	Year ended Year ended Year ended December 31 December 31 December 31 2022 2021 2020 In USD thousands, except share data Numerator: Net loss (131,072 ) (30,934 ) (20,041 ) Denominator: Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, basic and diluted 138,362,785 69,222,905 30,674,263 Net loss per share attributable to ordinary shareholders, basic and diluted (0.95 ) (0.45 ) (0.65 )

General - Additional Informatio

General - Additional Information (Details)	Dec. 31, 2022
Urgently [Member]
General [Line Items]
Percentage of Interest own by shareholders and other equity holders	33%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Foreign Currency [Abstract]
Unbilled revenues	$ 193	$ 215
Deferred revenue	$ 216	$ 35
Percentage of revenue recognized	100%
Amount of deferred commissions	$ 273

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Summary of Annual Rates at Depreciation (Details)	12 Months Ended
	Dec. 31, 2022
Computer and software [Member]
Property, Plant and Equipment [Line Items]
Depreciation rate	33%
Office furniture and equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Depreciation rate	7%
Office furniture and equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Depreciation rate	15%
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	Shorter of remaining lease term or estimated useful life

Business Combinations - Schedul

Business Combinations - Schedule of fair value of assets acquired and liabilities assumed (Details) - USD ($) $ in Thousands	Apr. 14, 2022	Oct. 04, 2021
Neura Acquisition [Member]
Business Acquisition [Line Items]
Net tangible assets and liabilities assumed (current and non-current)		$ (205)
Fair value of net assets acquired	$ 31,349	46,816
The Floow Acquisition [Member]
Business Acquisition [Line Items]
Net tangible assets and liabilities assumed (current and non-current)	(1,355)
Customer Relationships [Member] | The Floow Acquisition [Member]
Business Acquisition [Line Items]
Fair value of net assets acquired	$ 9,454
Useful life	8 years
Technology [Member] | Neura Acquisition [Member]
Business Acquisition [Line Items]
Fair value of net assets acquired		10,021
Technology [Member] | The Floow Acquisition [Member]
Business Acquisition [Line Items]
Fair value of net assets acquired	$ 7,881
Useful life	5 years
Trademark [Member] | The Floow Acquisition [Member]
Business Acquisition [Line Items]
Fair value of net assets acquired	$ 435
Useful life	2 years
Goodwill [Member] | Neura Acquisition [Member]
Business Acquisition [Line Items]
Fair value of net assets acquired		$ 37,000
Goodwill [Member] | The Floow Acquisition [Member]
Business Acquisition [Line Items]
Fair value of net assets acquired	$ 14,934

Business Combinations - Sched_2

Business Combinations - Schedule of pro forma financial information (Details) - Neura and The Floow [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Revenue	$ 8,591	$ 10,109
Net loss	$ (121,462)	$ (40,063)

Business Combinations (Narrativ

Business Combinations (Narrative) (Details) - USD ($)			6 Months Ended	12 Months Ended
	Apr. 14, 2022	Oct. 04, 2021	Dec. 31, 2022	Dec. 31, 2022
Business Acquisition [Line Items]
Total purchase consideration transferred				$ 9,865,000
Neura Acquisition [Member]
Business Acquisition [Line Items]
Percentage of voting interests acquired		100%
Number of shares acquisition issued		6,658,410
Total purchase consideration transferred		$ 46,800,000
Value of shares acquisition issued		33,800
Intangible assets		$ 10,000,000
Estimated useful lives		6 years
Transaction costs		$ 13,000,000
The Floow Acquisition [Member]
Business Acquisition [Line Items]
Percentage of voting interests acquired	100%
Number of shares acquisition issued	6,363,636
Total purchase consideration transferred	$ 31,400,000
Value of shares acquisition issued	10,700
Fair value	9,900,000
Transaction costs	10,800,000
Contingent consideration liability, earnout provision	$ 9,900
Maximum [Member] | The Floow Acquisition [Member]
Business Acquisition [Line Items]
Number of shares acquisition issued	6,545,454		6,545,454
Total purchase consideration transferred	$ 12,000,000		$ 12,000,000

Segments and Entity-Wide Disc_3

Segments and Entity-Wide Disclosure (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Revenue	$ 6,992	$ 1,723	$ 394
Segment Loss	(57,789)
Depreciation and amortization	(2,749)	(532)	(147)
Contingent consideration income	8,954	0	0
Impairment of goodwill	(49,686)	0	0
Impairment	(22,355)	0	0
Share-based compensation	(9,756)	(3,607)	(1,440)
Operating loss	(133,381)	(35,992)	(17,228)
Financial income (expenses), net	2,455	5,280	(2,737)
Loss before income tax expense	(130,926)	$ (30,712)	$ (19,965)
Connected Vehicles [Member]
Segment Reporting Information [Line Items]
Revenue	3,078
Segment Loss	(51,326)
Insurance Related Services [Member]
Segment Reporting Information [Line Items]
Revenue	3,914
Segment Loss	$ (6,463)

Segments and Entity-Wide Disc_4

Segments and Entity-Wide Disclosure (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Revenues	$ 6,992	$ 1,723	$ 394
Americas [Member]
Segment Reporting Information [Line Items]
Revenues	3,283	176	43
APAC [Member]
Segment Reporting Information [Line Items]
Revenues	188	329	164
EMEA [Member]
Segment Reporting Information [Line Items]
Revenues	$ 3,521	$ 1,218	$ 187

Segments and Entity-Wide Disc_5

Segments and Entity-Wide Disclosure (Details 2) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Total operating lease right-of-use assets, property and equipment, net	$ 3,083	$ 725
United States [Member]
Segment Reporting Information [Line Items]
Total operating lease right-of-use assets, property and equipment, net	30	9
Israel [Member]
Segment Reporting Information [Line Items]
Total operating lease right-of-use assets, property and equipment, net	1,878	716
Europe [Member]
Segment Reporting Information [Line Items]
Total operating lease right-of-use assets, property and equipment, net	$ 1,175	$ 0

Segments and Entity-Wide Disc_6

Segments and Entity-Wide Disclosure (Narrative) (Details) - Customers	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Number of customer	2	3	2
Customer One [Member]
Segment Reporting Information [Line Items]
Customer revenue percentage	12%	13%	12%
Customer Two [Member]
Segment Reporting Information [Line Items]
Customer revenue percentage	16%	14%	30%
Customer Three [Member]
Segment Reporting Information [Line Items]
Customer revenue percentage		28%

Fair Value Measurement (Details

Fair Value Measurement (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	$ 4,644	$ 0
Level 1 [Member] | Money Market Funds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	447	0
Level 1 [Member] | U.S. Treasury securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	4,197	0
Level 1 [Member] | Corporate bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	0	0
Level 1 [Member] | Commercial papers [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	0	0
Level 1 [Member] | U.S. government agency securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	0	0
Level 1 [Member] | Foreign bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	0	0
Level 1 [Member] | Contingent consideration [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	0	0
Level 1 [Member] | Warrants for ordinary shares [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	0	0
Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	50,645	0
Level 2 [Member] | Money Market Funds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	0	0
Level 2 [Member] | U.S. Treasury securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	0	0
Level 2 [Member] | Corporate bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	32,516	0
Level 2 [Member] | Commercial papers [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	7,030	0
Level 2 [Member] | U.S. government agency securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	9,399	0
Level 2 [Member] | Foreign bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	1,700	0
Level 2 [Member] | Contingent consideration [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	0	0
Level 2 [Member] | Warrants for ordinary shares [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	0	0
Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	(1,066)	(1,924)
Level 3 [Member] | Money Market Funds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	0	0
Level 3 [Member] | U.S. Treasury securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	0	0
Level 3 [Member] | Corporate bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	0	0
Level 3 [Member] | Commercial papers [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	0	0
Level 3 [Member] | U.S. government agency securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	0	0
Level 3 [Member] | Foreign bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	0	0
Level 3 [Member] | Contingent consideration [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	(911)	0
Level 3 [Member] | Warrants for ordinary shares [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of financial assets and liabilities recurring basis	$ (155)	$ (1,924)

Fair Value Measurement (Detai_2

Fair Value Measurement (Details 1) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Amortized Cost	$ 55,348
Unrealized Gain/Losses	(59)
Fair value	55,289
Available-for-sale debt securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Amortized Cost	54,901
Unrealized Gain/Losses	(59)
Fair value	54,842
Money Market Funds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Amortized Cost	447
Unrealized Gain/Losses	0
Fair value	447
Corporate bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Amortized Cost	32,562
Unrealized Gain/Losses	(46)
Fair value	32,516
Commercial papers [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Amortized Cost	7,030
Unrealized Gain/Losses	0
Fair value	7,030
U.S. government agency securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Amortized Cost	9,411
Unrealized Gain/Losses	(12)
Fair value	9,399
U.S. Treasury securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Amortized Cost	4,198
Unrealized Gain/Losses	(1)
Fair value	4,197
Foreign bonds [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Amortized Cost	1,700
Unrealized Gain/Losses	0
Fair value	$ 1,700

Fair Value Measurement (Detai_3

Fair Value Measurement (Details 2) $ in Thousands	Dec. 31, 2022 USD ($)
Amortized Cost
Amortized Cost due within one year	$ 44,596
Amortized Cost due after one year through two years	10,305
Amortized Cost	54,901
Fair Value
Fair Value due within one year	44,556
Fair Value due after one year through two years	10,286
Fair Value	$ 54,842

Fair Value Measurement (Detai_4

Fair Value Measurement (Details 3) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value as	$ 0
Current year acquisitions	9,865
Change in fair value	(8,954)
Fair value as	$ 911

Fair Value Measurement (Narrati

Fair Value Measurement (Narrative) (Details) - USD ($) $ in Thousands		12 Months Ended
	Aug. 13, 2021	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Accrued interest		$ 298
Change in fair value		$ (8,954)
Warrant issued	5,200,000

Property and Equipment, net - S

Property and Equipment, net - Summary of Property and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Property plant and equipment Gross	$ 1,778	$ 1,233
Less - accumulated depreciation	(735)	(508)
Property and equipment, net	1,043	725
Computer and software [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment Gross	839	498
Office furniture and equipment [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment Gross	513	376
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment Gross	$ 426	$ 359

Property and Equipment, net - A

Property and Equipment, net - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Depreciation expenses	$ 259	$ 132	$ 147

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets, net (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Balance, Beginning	$ 37,000	$ 0
Goodwill acquired	14,934	37,000
Currency translation adjustments	(2,248)	0
Impairment	49,686	0	$ 0
Balance, Ending	$ 0	$ 37,000	$ 0

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets, net (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Balance, Beginning	$ 9,621	$ 0
Amortization	2,490	400
Currency translation adjustments	(2,546)	0
Impairment	(22,355)	0	$ 0
Balance, Ending	0	9,621	$ 0
Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Assets acquired	7,881	10,021
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Assets acquired	9,454	0
Trademark [Member]
Finite-Lived Intangible Assets [Line Items]
Assets acquired	$ 435	$ 0

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets, net (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment of goodwill	$ 49,686	$ 0	$ 0
Impairment of intangible assets	$ 22,400

Operating Lease (Details)

Operating Lease (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Leases [Abstract]
Fixed payments and variable payments that depend on an index or rate	$ 1,000
Operating lease cost	$ 1,000

Operating Lease (Details 1)

Operating Lease (Details 1) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Leases [Abstract]
Cash paid for amounts included in the measurement of lease liabilities	$ 904
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 2,040
Weighted-average remaining lease term of operating leases	3 years 8 months 15 days
Weighted average discount rate of operating leases	3.10%

Operating Lease (Details 2)

Operating Lease (Details 2) $ in Thousands	Dec. 31, 2022 USD ($)
Leases [Abstract]
2023	$ 742
2024	742
2025	183
2026	183
Thereafter	259
Total undiscounted minimum lease payments	2,109
Less: Imputed interest	(155)
Total	$ 1,954

Operating Lease (Narrative) (De

Operating Lease (Narrative) (Details)	Dec. 31, 2022
Leases [Abstract]
Lease renewal term	2 years

Other payables and Accrued Ex_3

Other payables and Accrued Expenses - Summary of Other payables and Accrued Expenses (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Other Payables and Accrued Expenses [Abstract]
Employees & related institutions	$ 6,363	$ 4,973
Vacation and convalescence	1,127	1,246
Accrued expenses and other	3,070	1,819
Government institutions	398	367
Total	$ 10,958	$ 8,405

Commitments and contingencies

Commitments and contingencies - Additional Information (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
Future minimum lease payments under non-cancelable operating leases	$ 1,954

Equity - Summary of assumptions

Equity - Summary of assumptions (Details)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Class of Stock [Line Items]
Expected dividends		0%	0%
Warrants for ordinary shares [Member]
Class of Stock [Line Items]
Volatility	89.10%	41%
Risk-free interest rate	4.10%	1.20%
Expected dividends	0%	0%
Expected life (in years)	3 years 7 months 13 days	4 years 7 months 6 days

Equity - Summary of Fair value

Equity - Summary of Fair value of the Warrants (Details) - Redeemable Convertible Preferred Stock [Member] - USD ($) $ / shares in Units, $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financial Liabilities Fair Value Disclosure [Line Items]
Value of warrant per share	$ 0.03	$ 0.37
Number of shares issuable upon exercise of warrants	5,200,000	5,200,000
Fair value of warrant liability	$ 155	$ 1,924

Equity - Summary of Option Allo

Equity - Summary of Option Allotments Under Share Based Compensation (Details) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding at beginning	9,591,304	9,166,946
Granted of share options, Shares		754,988
Forfeited of share options, Shares	(638,932)	(97,123)
Exercise of share options, Shares	(916,310)	(233,507)
Outstanding, Ending balance	8,036,062	9,591,304
Number exercisable at December 31, 2022	7,303,499
Weighted Average Exercise Price, beginning	$ 0.65
Weighted Average Exercise Price, Granted		$ 0.4
Weighted Average Exercise Price, Forfeited	1.11	0.62
Weighted Average Exercise Price, Exercised	0.15	0.18
Weighted Average Exercise Price, Ending balance	0.67	$ 0.65
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price	$ 0.26

Equity - Summary of Share Based

Equity - Summary of Share Based Compensation Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 0.67	$ 0.65
Number outstanding at December 31, 2022	8,036,062	9,591,304	9,166,946
Number exercisable at December 31, 2022	7,303,499
Exercise Price 9.23 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 9.23
Number outstanding at December 31, 2022	434,484
Weighted average remaining contractual life (in years)	8 years 7 months 13 days
Number exercisable at December 31, 2022	86,465
Exercise Price 1.11 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 1.11
Number outstanding at December 31, 2022	199,138
Weighted average remaining contractual life (in years)	7 years 25 days
Number exercisable at December 31, 2022	152,183
Exercise Price 0.93 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 0.93
Number outstanding at December 31, 2022	2,835
Weighted average remaining contractual life (in years)	7 years 4 months 9 days
Number exercisable at December 31, 2022	1,770
Exercise Price 0.64 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 0.64
Number outstanding at December 31, 2022	882,757
Weighted average remaining contractual life (in years)	7 years 6 months 14 days
Number exercisable at December 31, 2022	555,280
Exercise Price 0.62 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 0.62
Number outstanding at December 31, 2022	225,857
Weighted average remaining contractual life (in years)	6 years 1 month 9 days
Number exercisable at December 31, 2022	216,810
Exercise Price 0.47 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 0.47
Number outstanding at December 31, 2022	47,937
Weighted average remaining contractual life (in years)	5 years 1 month 2 days
Number exercisable at December 31, 2022	47,937
Exercise Price 0.14 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 0.14
Number outstanding at December 31, 2022	1,001,729
Weighted average remaining contractual life (in years)	4 years 3 days
Number exercisable at December 31, 2022	1,001,729
Exercise Price 0.07 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 0.07
Number outstanding at December 31, 2022	502,342
Weighted average remaining contractual life (in years)	5 years 14 days
Number exercisable at December 31, 2022	502,342
Exercise Price 0.06 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 0.06
Number outstanding at December 31, 2022	4,738,983
Weighted average remaining contractual life (in years)	3 years 7 months 20 days
Number exercisable at December 31, 2022	4,738,983

Equity - Summary of Black-Schol

Equity - Summary of Black-Scholes assumptions (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected Dividend yield	0%	0%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	40.60%	38.30%
Risk-free interest rate	0.60%	0.40%
Expected life of shares options (in years)	5 years 9 months 18 days	5 years 6 months
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	45.60%	41.10%
Risk-free interest rate	1.40%	1.60%
Expected life of shares options (in years)	6 years 1 month 6 days	6 years 1 month 6 days

Equity - Summary of Restricted

Equity - Summary of Restricted Share Units ("RSU") (Details) - Restricted Stock Units (RSUs) [Member] - Equity Incentive Plan [Member] - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Number of Options
Balance at beginning	3,838,865	0
Granted	10,662,754	4,031,528
Vested	(2,188,669)	(98,406)
Forfeited	(1,747,698)	(94,257)
Balance at ending	10,565,252	3,838,865
Weighted average exercise price
Balance at beginning	$ 5.14
Granted	1.12	$ 5.21
Vested	3.42	7.67
Forfeited	3.91	5.6
Balance at ending	$ 1.65	$ 5.14

Equity - Summary of Share Base

Equity - Summary of Share Based Compensation expenses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share based compensation expenses	$ 9,756	$ 3,607	$ 1,440
Cost of Service [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share based compensation expenses	73	0	0
Research and development [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share based compensation expenses	2,105	1,103	771
Sales and marketing [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share based compensation expenses	3,025	737	406
General and administrative [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share based compensation expenses	$ 4,553	$ 1,767	$ 263

Equity - Summary of Accumulated

Equity - Summary of Accumulated other comprehensive loss (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Unrealized losses on available-for-sale marketable securities, net
Beginning balance	$ 0
Other comprehensive loss before reclassifications	59
Amounts reclassified from accumulated other comprehensive loss	0
Other comprehensive loss, net of tax	59
Ending balance	59	$ 0
Foreign currency translation adjustments
Beginning balance	0
Other comprehensive loss before reclassifications	4,791
Amounts reclassified from accumulated other comprehensive loss	0
Other comprehensive loss, net of tax	4,791	0	$ 0
Ending balance	4,791	0
Total
Beginning balance	0
Other comprehensive loss before reclassifications	4,850
Amounts reclassified from accumulated other comprehensive loss	0
Other comprehensive loss, net of tax	4,850	0	$ 0
Ending balance	$ 4,850	$ 0

Equity (Narrative) (Details)

Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands		1 Months Ended			12 Months Ended
	Aug. 13, 2021	Jun. 15, 2021	Apr. 30, 2021	Feb. 16, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Class of Stock [Line Items]
Common Stock, Voting Rights					one vote
Common stock, par value per share					$ 0	$ 0
Stocks split ratio	1:4.6937
Number of Securities Called by Each Warrant or Right	13,825,000
Exercise Price of Warrants	$ 11.5
Fair Value Adjustment of Warrants					$ (1,769)	$ (5,259)	$ 3,271
Financial income (expenses), net					2,455	5,280	(2,737)
Proceeds from Issuance of Common Stock					$ 0	223,732	0
Shares Issued, Price Per Share					$ 10
Redemption prrice of warrant	0.01
Share price	$ 18
Unrecognized compensation cost					$ 20,200
Weighted average period					1 year 5 months 12 days
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period			4 years
Share-Based Compensation Arrangement by Share-Based Payment Award, Expiration Period			10 years
Public warrants [Member]
Class of Stock [Line Items]
Number of warrants issued	8,625,000
Private warrants [Member]
Class of Stock [Line Items]
Number of Securities Called by Each Warrant or Right	5,200,000
Number of warrants issued	5,200,000
Subscription Agreements with Pipe Investors [Member]
Class of Stock [Line Items]
Number of ordinary shares issued	14,250,000
Value of ordinary shares issued	$ 142,500
Share Purchase Agreement with Secondary Pipe Investors [Member]
Class of Stock [Line Items]
Number of ordinary shares issued	3,000,000
Value of ordinary shares issued	$ 30,000
Shares Issued, Price Per Share	$ 10
Software Acquisition Group Inc. II [Member] | Merger Agreement [Member]
Class of Stock [Line Items]
Number of ordinary shares issued	15,576,479
Redemption of Class A stock	$ 59,863
Proceeds from Issuance of Common Stock	$ 112,646
Redeemable Convertible Preferred Stock [Member]
Class of Stock [Line Items]
Redeemable convertible preferred shares converted into number of ordinary shares	64,105,866
Issuance of redeemable convertible preferred shares, net (in Shares)	88,598
Redeemable Convertible Preferred C Shares [Member]
Class of Stock [Line Items]
Proceeds from Issuance or Sale of Redeemable Convertible Preferred C Shares and warrants				$ 20,000
Issuance of redeemable convertible preferred shares, net (in Shares)				4,717,813
Class of warrants or rights warrants issued during the period				1,179,456
Exercise Price of Warrants				$ 0.0001	$ 0.0001
Number of warrants converted to redeemable convertible preferred shares		1,179,456
Fair Value Adjustment of Warrants						3,165	$ 3,271
Warrants for ordinary shares [Member]
Class of Stock [Line Items]
Financial income (expenses), net					$ 1,769	$ 8,424

Income Taxes - Summary of Signi

Income Taxes - Summary of Significant Components of The Company's Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deferred tax assets:
Operating loss and tax credit carryforwards	$ 51,675	$ 30,882
Capitalized research and development expenses	2,098	2,061
Share based compensation	2,070	1,125
Accrued expenses and other items	244	596
Deferred tax assets	56,087	34,664
Valuation allowance	(55,929)	(32,408)
Deferred tax assets, net of valuation allowance	158	2,256
Deferred tax liabilities:
Intangible assets	0	(2,198)
Other items	(69)	0
Deferred tax liabilities	(69)	(2,198)
Net deferred taxes	$ 89	$ 58

Income Taxes - Schedule of Comp

Income Taxes - Schedule of Components of Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule Of Components Of Income Tax Expense Benefit [Line Items]
Israel	$ (35,706)	$ (27,301)	$ (20,004)
Foreign	(95,220)	(3,411)	39
Loss before income tax expense	(130,926)	(30,712)	(19,965)
Income tax expense was as follows:
Israel	133	87	0
Foreign	44	146	73
Total current tax expense	177	233	73
Deferred:
Foreign	(31)	(11)	3
Total deferred tax expense (benefit)	(31)	(11)	3
Total income tax expense	$ 146	$ 222	$ 76

Income Taxes - Schedule of Effe

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Loss before income tax expense as reported in the consolidated statements of operations	$ (130,926)	$ (30,712)	$ (19,965)
Statutory income tax rate	23%	23%	23%
Theoretical income tax benefit	$ (30,113)	$ (7,063)	$ (4,592)
Foreign tax rate differentials	2,599	69	1
Non-deductible share-based compensation	1,939	837	288
Revaluation of warrants	(407)	(1,210)	752
Goodwill Impairment	10,176	0	0
Contingent consideration income	(2,059)	0	0
Currency transactions gain	0	(1,069)	(1,602)
Change in valuation allowance	18,066	8,688	5,256
Other differences, net	(55)	(30)	(27)
Total income tax expense	$ 146	$ 222	$ 76

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Line Items]
Deferred tax liabilities	$ 69,000	$ 2,198,000
Income tax rate percentage	23%	23%	23%
Israel [Member]
Income Tax Disclosure [Line Items]
Income tax rate percentage	23%
Operating loss carryforwards	$ 156,000,000
Subsidiaries [Member] | UK [Member]
Income Tax Disclosure [Line Items]
Income tax rate percentage	19%
Operating loss carryforwards	$ 22,500
Subsidiaries [Member] | US [Member]
Income Tax Disclosure [Line Items]
Operating loss carryforwards	54,500,000
Amount of Operating Loss Carryforwards expire between the years ended 2033 and 2037	$ 14,000,000

Net Loss Per Share Attributab_3

Net Loss Per Share Attributable to Ordinary Shareholders - Summary of Basic and Diluted Net Loss Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Numerator:
Comprehensive loss	$ (131,072)	$ (30,934)	$ (20,041)
Denominator:
Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, basic	138,362,785	69,222,905	30,674,263
Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, diluted	138,362,785	69,222,905	30,674,263
Net loss per share attributable to ordinary shareholders, basic	$ (0.95)	$ (0.45)	$ (0.65)
Net loss per share attributable to ordinary shareholders, diluted	$ (0.95)	$ (0.45)	$ (0.65)