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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash flows from Operating Activities    
Net income $ 1,117 $ 591
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortizations 2,809 1,941
Share-based compensation 71 (43)
Deferred taxes (532) (133)
Accrued interest, net (76) (135)
Exchange rate differences on loans 786 (243)
Fair value revaluation of a short-term loan 175 19
Changes in assets and liabilities items:    
Decrease (increase) in accounts receivable (4,530) 498
Decrease (increase) in other receivables (52) 338
Decrease in operating lease right-of-use assets 83 68
Decrease in severance pay, net (5) (249)
Increase in accounts payable 3,106 2,172
Increase (decrease) in other payables 177 (649)
Decrease in operating lease liabilities (107) (55)
Increase in loan from parent company 215 246
Net cash provided by operating activities 3,237 4,366
Cash flows from Investing Activities    
Purchase of property and equipment (58) (311)
Cash paid in connection with an acquisition, net of cash acquired (see note 7) (10,185)
Capitalization of software development costs (16) (269)
Net cash used in investing activities (74) (10,765)
Cash flows from Financing Activities    
Receipt of short-term bank loan 3,500
Repayment of short-term bank loan (600)
Receipt of long-term bank loan 6,000
Repayment of long-term bank loan (1,389) (230)
Payment of dividend to non-controlling interests (1,689) (194)
Payment of dividend to shareholders (see note 13.E) (73)
Increase in loan to parent company (1,073) (199)
Net cash provided by (used in) financing activities (4,224) 8,277
Increase (decrease) in cash and cash equivalents and restricted cash (1,061) 1,878
Cash and cash equivalents and restricted cash at beginning of period 5,442 3,564
Cash and cash equivalents and restricted cash at end of period 4,381 5,442
Cash paid during the period    
Taxes paid (928) (381)
Interest paid (556) (84)
Total Cash paid and received during the period (1,484) (465)
Substantial non-cash activities:    
Offset of loans between related parties (see note 15) 2,558
Dividend distribution to parent company which was offset from a loan to parent company (see note 15) 714
Dividend declared to non-controlling interests (see note 13.E) 445
Dividend declared to shareholders (see note 13.E) 130
Modification of parent company payable into a loan (see note 15) 2,116
Right of use assets obtained in exchange for operating lease liabilities $ 637