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INCOME TAXES (Tables)

9 Months Ended

Sep. 30, 2022

Income Tax Disclosure [Abstract]

SCHEDULE OF DEFERRED INCOME TAXES

Deferred taxes are comprised of the following components:

 SCHEDULE OF DEFERRED INCOME TAXES

		As of September 30				As of December 31
		2022				2021
Deferred tax assets
Deferred research and development expenses		$	34			$	38
Employee compensation and benefits		$	12			$	19
Operating loss carryforward		$	7,672			$	7,479
Operating lease right of use asset		$	61				68
Accrued severance pay		$	12			$	13
Total deferred tax assets		$	7,791			$	7,617
Deferred tax liabilities:
Differences between tax basis and carrying values of loans		$	-			$	184
Operating lease right of use liability		$	63				70
Intangible assets associated with business combinations		$	1,853			$	1,026
Total deferred tax liabilities		$	1,916				1,280
Net deferred tax assets before valuation allowance		$	5,875			$	6,337
Valuation allowance			(7,666	)			(7,230	)
Net deferred tax liabilities		$	1,791			$	893

SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE (BENEFITS)

Income tax expenses are comprised as follows:

 SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE (BENEFITS)

		2022				2021
		For the nine months ended September 30
		2022				2021
Current tax expenses		$	393			$	78
Tax benefit in respect of prior years		$	(102	)		$	(54	)
Deferred tax income		$	(227	)		$	(65	)
Total		$	63			$	(41	)

		2022				2021
		For the three months ended September 30
		2022				2021
Current tax expenses		$	130			$	(23	)
Taxes expenses (benefit) in respect of previous years		$	21			$	(18	)
Deferred tax income		$	(96	)		$	(40	)
Total Income tax expenses		$	55			$	(81	)

SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION

A reconciliation between the theoretical tax expense, assuming all income is taxed at the statutory tax rate applicable to income of the Company, and the actual tax expense as reported in the statement of operations is as follows:

 SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION

		2022				2021
		For the nine months ended September 30
		2022				2021
Income before income taxes as reported in the consolidated statements of operations		$	33			$	44
Statutory tax rate in USA			21	%			21	%
Theoretical tax expense		$	7			$	9
Increase (decrease) in tax expenses resulting from:
Lower tax rates for preferred technology enterprises			(322	)			(29	)
Non-deductible expenses			5				1
Tax benefits in respect of prior years			(102	)			(54	)
Change in valuation allowance			436				58
Others			39				(26	)
Taxes on income		$	63			$	(41	)

SCHEDULE OF LOSS (INCOME) FROM CONTINUING OPERATIONS, BEFORE TAXES ON INCOME

F. Loss from continuing operations, before taxes on income, consists of the following:

 SCHEDULE OF LOSS (INCOME) FROM CONTINUING OPERATIONS, BEFORE TAXES ON INCOME

		2022				2021				2022				2021
		For the nine months ended September 30								For the three months ended September 30
		2022				2021				2022				2021
USA		$	385			$	69			$	190			$	27
Israel			574				185				432				71
Total loss before taxes on income		$	959			$	254			$	622			$	98

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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-Name Accounting Standards Codification
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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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-SubTopic 10
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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
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