Company: BNRG
Filing Date: 2025-03-04
Form Type: 20-F
Source: 0001213900-25-020178
Chunk: 102

Company: Brenmiller Energy Ltd.
Filing Date: 2025-03-04
Form: 20-F
Item: Item 19
Chunk 102
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 depreciation are as follows:

  Plant                        10 - 14 years (mainly 10)                                        
  Computers and equipment      3 years                                                          
  Leasehold improvements       Over the shorter of the lease term, or useful life 5 - 10 years  
  Furniture and equipment      7 - 16 years                                                     
  Vehicles                     7 years                                                          

Gains and losses on disposals are
determined by comparing proceeds with the associated carrying amount. These are included in the statements of comprehensive loss.

F-12

Brenmiller Energy Ltd.

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES
(cont.):

  Research and development  

Research and development expenses include
costs associated with the ongoing development of the Company’s TES units and technology, including compensation and employee benefits
and allocated costs associated with our research and development department. Research and development expenses are expensed as incurred.

  Impairment of long-lived assets  

Long lived assets held and used by
the Company are reviewed for impairment, whenever events or changes in circumstances indicate that the carrying amount of the assets (or
asset group) may not be recoverable. In the event that the sum of the expected future cash flows (undiscounted and without interest charges)
of the long-lived assets (or asset group) is less than the carrying amount of such assets, an impairment charge would be recognized, and
the assets (or asset group) would be written down to their estimated fair values. Based on our review, we recorded impairment charges
of $0thousand for the years ended December 31, 2024 and 2023, and impairment charge of $704thousand for the year ended December 31,
2022 related to the write down of old production line.

  Government grants  

Government grants,
which are received from Israeli government agencies and ministries, from the BIRD Foundation and NYPA (in a combined agreement - 
see Note 12), as participation in research and development that is conducted by the Company, are recognized when the grant becomes receivable,
provided there is reasonable assurance that the Company will comply with the conditions attached to the grant and there is reasonable
assurance that the grant will be received. Grants are recognized as a deduction from research and development expenses as the applicable
costs are incurred, and presented in research and development expenses, net, except for amounts attributed to royalties that are probable
to be paid therefore at