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SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

SCHEDULE OF SEGMENTS REVENUES AND OPERATING RESULTS

 SCHEDULE OF SEGMENTS REVENUES AND OPERATING RESULTS

		Search segment				Digital content segment				Adjustments (See below)				Total
		For the six months ended June 30, 2024
		Search segment				Digital content segment				Adjustments (See below)				Total
Revenues from external customers			3,587				13,748				-				17,335
Depreciation and amortization			-				-				1,555				1,555
Goodwill Impairment			-				-				4,739				4,739
Segment operating income (loss)			718				(199	)			(7,009	)			(6,490	)
Financial expenses, net			(10	)			(74	)			(2,823	)			(2,907	)
Segment Income (loss), before income taxes			708				(273	)			(9,832	)			(9,397	)

		Search segment				Digital content segment				Adjustments (See below)				Total
		For the six months ended June 30, 2023
		Search segment				Digital content segment				Adjustments (See below)				Total
Revenues from external customers			10,952				37,064				-				48,016
Depreciation and amortization			-				-				1,468				1,468
Segment operating income (loss)			766				1,664				(2,256	)			174
Financial expenses, net			(81	)			(46	)			(304	) (*)			(431	)
Segment Income (loss), before income taxes			685				1,618				(2,560	)			(257	)

VIEWBIX INC.

NOTES TO INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

U.S. dollars in thousands (except share data)

NOTE 11: SEGMENT REPORTING (Cont.)

		Search segment				Digital content segment				Adjustments (See below)				Total
		For the three months ended June 30, 2024
		Search segment				Digital content segment				Adjustments (See below)				Total
Revenues from external customers			1,115				6,218				-				7,333
Depreciation and amortization			-				-				821				821
Goodwill Impairment			-				-				4,739				4,739
Segment operating income (loss)			256				186				(5,921	)			(5,479	)
Financial expenses, net			(11	)			(60	)			(2,673	)			(2,744	)
Segment Income (loss), before income taxes			245				126				(8,594	)			(8,223	)

		Search segment				Digital content segment				Adjustments (See below)				Total
		For the three months ended June 30, 2023
		Search segment				Digital content segment				Adjustments (See below)				Total
Revenues from external customers			5,842				21,312				-				27,154
Depreciation and amortization			-				-				734				734
Segment operating income (loss)			535				868				(1,153	)			250
Financial expenses, net			(7	)			(83	)			(156	) (*)			(246	)
Segment Income (loss), before income taxes			528				785				(1,309	)			4

(*) Mainly consist of financial expenses from the Financing Agreement of bank loans taken for business combinations (see note 6).

SCHEDULE OF RECONCILIATION BETWEEN SEGMENTS OPERATING RESULTS

The “adjustment” column for segment operating income includes unallocated selling, general, and administrative expenses and certain items which management excludes from segment results when evaluating segment performance, as follows:

 SCHEDULE OF RECONCILIATION BETWEEN SEGMENTS OPERATING RESULTS

		For the six months ended June 30, 2024				For the three months ended June 30, 2024
Depreciation and amortization expenses not attributable to segments (**)			(1,555	)			(821	)
General and administrative not attributable to the segments (***)			(715	)			(361	)
Goodwill Impairment			(4,739	)			(4,739	)
			(7,009	)			(5,921	)

VIEWBIX INC.

NOTES TO INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

U.S. dollars in thousands (except share data)

NOTE 11: SEGMENT REPORTING (Cont.)

		For the six months ended June 30, 2023				For the three months ended June 30, 2023
Depreciation and amortization expenses not attributable to segments (**)			(1,468	)			(734	)
General and administrative not attributable to the segments (***)			(788	)			(419	)
			(2,256	)			(1,153	)

(*) Mainly consist of financial expenses from the Financing Agreement of bank loans taken for business combinations (see note 6).

	(**)	Mainly consist of technology and customer relations amortization costs from business combinations.
	(***)	Mainly consist of salary and related expenses and professional consulting expenses.

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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