XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 5,208 $ 3,345
Restricted deposits 234 219
Accounts receivable 16,415 6,251
Loan to parent company 6,384 5,819
Other current assets 1,004 996
Total current assets 29,245 16,630
NON-CURRENT ASSETS    
Severance pay funds 83 265
Deferred taxes 133 152
Property and equipment, net 334 107
Operating lease right-of-use asset 569
Intangible assets, net 8,414 3,679
Goodwill 12,483 2,902
Total non-current assets 22,016 7,105
Total assets 51,261 23,735
CURRENT LIABILITIES    
Accounts payable 16,676 5,598
Short-term loans 5,069 678
Current maturities of long-term loan 1,500
Other payables 1,317 1,096
Loan from parent company 2,116 2,054
Operating lease liabilities - short term 91
Total current liabilities 26,769 9,426
NON-CURRENT LIABILITIES    
Accrued severance pay 188 619
Long-term loan, net of current maturities 4,270
Operating lease liabilities - long term 491
Deferred taxes 1,026 420
Total non-current liabilities 5,975 1,039
Commitments and Contingencies  
SHAREHOLDERS’ EQUITY    
Common stock of $0.0001 par value - Authorized: 490,000,000 shares; Issued and outstanding: 14,783,964 shares as of December 31, 2021 and December 31, 2020 [1] 3 3
Additional paid-in capital 16,074 15,933
Accumulated deficit (2,366) (2,666)
Equity attributed to shareholders of Viewbix Inc. 13,711 13,270
Non-controlling interests 4,806
Total equity 18,517 13,270
Total liabilities and shareholders’ equity $ 51,261 $ 23,735
[1] Retroactively adjusted to reflect the reverse stock split effected on August 31, 2022 (see note 1.E) and to reflect the equivalent number of shares corresponding to the combined financial information of the Company and Gix Media Ltd. following the Reorganization Transaction (see note 1.C) for all periods presented.