XML 33 R21.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
LOANS (Tables)
 3 Months Ended
Mar. 31, 2024
Receivables [Abstract]  
SCHEDULE OF COMPOSITION OF BALANCE OF GROUP’S LOANS

 

   Interest rate  

As of

March 31, 2024

  

As of

December 31, 2023

 
             
Short-term bank loan – Gix Media   SOFR + 4.08%   3,057    3,500 
Short-term bank loan – Cortex   SOFR + 3.93%   1,300    1,500 
Long-term bank loan, including current maturity – Gix Media (received on October 13, 2021)   SOFR + 4.12%   2,963    2,963 
Long-term bank loan, including current maturity – Gix Media (received on January 17, 2023)   SOFR + 5.37%   1,107    1,107 
Long-term loan – Viewbix Israel   9%   436    434 
                
Bank Loan        8,863    9,504 
SCHEDULE OF FAIR VALUE DISTRIBUTION OF LIABILITY AND EQUITY COMPONENTS

The allocation of the total proceeds of $480 to the liability and equity components was as follows:

 

Instrument  Fair Value   % of Fair
Value		   Allocated
Amount		 
Loan   428    88.63    425 
Warrants   55    11.37    55 
Total   483    100.00    480 
SCHEDULE OF COMPOSITION OF LONG TERM LOAN

The composition of long-term loan balance as of the transaction is as follows:

 

      
Loan   480 
Discount   (55)
Long term loan, net   425