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Interim Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from Operating Activities    
Net income (loss) $ (345) $ (149)
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortizations 734 586
Share-based compensation 30 1
Deferred taxes (58) (55)
Accrued interest, net (27) (22)
Exchange rate differences on loans 184
Changes in assets and liabilities items:    
Decrease (increase) in accounts receivable 5,386 2,083
Decrease (increase) in other receivables 151 (497)
Decrease in operating lease right-of-use assets 22 20
Increase (decrease) in severance pay, net (3) 19
Decrease in accounts payable (5,726) (4,019)
Decrease in other payables (122) (137)
Decrease in operating lease liabilities (30) (18)
Increase in loan from parent company 54
Net cash provided by (used in) operating activities 12 (1,950)
Cash flows from Investing Activities    
Purchase of property and equipment (2) (39)
Cash paid to non-controlling interests (see note 1.C) (2,625)
Capitalization of software development costs (16)
Net cash used in investing activities (2,627) (55)
Cash flows from Financing Activities    
Repayment of short-term loans (247)
Receipt of long-term bank loan 1,500
Repayment of long-term bank loans (417) (349)
Payment of dividend to non-controlling interests (445) (350)
Payment of dividend to shareholders (130)
Increase in loan to parent company (72) (229)
Net cash provided by (used in) financing activities 189 (928)
Decrease in cash and cash equivalents and restricted cash (2,426) (2,933)
Cash and cash equivalents and restricted cash at beginning of period 4,381 5,442
Cash and cash equivalents and restricted cash at end of period 1,955 2,509
Cash paid during the period    
Taxes paid 185 326
Interest paid $ (197) $ (103)