XML 51 R39.htm IDEA: XBRL DOCUMENT v3.24.2.u1
SHAREHOLDERS’ EQUITY (Details Narrative) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 18, 2024
Jul. 20, 2023
Jul. 01, 2023
May 18, 2023
Sep. 14, 2022
Mar. 31, 2023
Feb. 28, 2023
Jan. 31, 2023
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2022
Mar. 02, 2023
Dec. 25, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]                              
Common stock, voting rights                     Shares of Common Stock confer the rights to: (i) participate in the general meetings, to one vote per share for any purpose, to an equal part, on share basis, (ii) in distribution of dividends and (iii) to equally participate, on share basis, in distribution of excess of assets and funds from the Company and will not confer other privileges.        
Share-based compensation expense                 $ 11 $ 45 $ 29 $ 75      
Dividends declared                         $ 917    
Dividends non controling interest                 $ 153 $ 598      
Parent Company [Member]                              
Accumulated Other Comprehensive Income (Loss) [Line Items]                              
Dividend distribution                         714    
Israel Tax Authority [Member]                              
Accumulated Other Comprehensive Income (Loss) [Line Items]                              
Income taxes paid         $ 83                    
Gix Media Ltd [Member]                              
Accumulated Other Comprehensive Income (Loss) [Line Items]                              
Dividends declared         $ 1,000                    
Dividend distribution               $ 130         $ 787    
Cortex Media Group Ltd [Member]                              
Accumulated Other Comprehensive Income (Loss) [Line Items]                              
Dividends declared                             $ 445
Dividends non controling interest           $ 226 $ 219                
Share-Based Payment Arrangement, Tranche One [Member]                              
Accumulated Other Comprehensive Income (Loss) [Line Items]                              
Number of common shares issued     25,510                        
Share-Based Payment Arrangement, Tranche Two [Member]                              
Accumulated Other Comprehensive Income (Loss) [Line Items]                              
Number of common shares issued     25,510                        
Restricted Stock Units (RSUs) [Member]                              
Accumulated Other Comprehensive Income (Loss) [Line Items]                              
Shares, granted   51,020                          
Share based arrangement, description   (1) 51,020 of Common Stock underlying the grant of RSUs (2) Vesting Commencement Date: July 1, 2023 (3) vesting schedule: 50% of the RSUs will vest immediately upon the Vesting Commencement Date (the “First Tranche”) and the remaining 50% of the RSUs will vest 12 months after the Vesting Commencement Date (the “Second Tranche”), provided, in each case, that the Grantee remains continuously as a Service Provider (as defined under the 2023 Plan) of Gix Media or its affiliates throughout each such vesting date (the “Grant”).                          
Restricted shares, granted   51,020                          
2023 Stock Incentive Plan [Member]                              
Accumulated Other Comprehensive Income (Loss) [Line Items]                              
Number of share for issuance                           2,500,000  
Outstanding capital stock percent                           5.00%  
Common stock reserved for issuance                           2,500,000  
June 2024 Lead Lender Warrant [Member]                              
Accumulated Other Comprehensive Income (Loss) [Line Items]                              
Shares issued 2,500,000                            
Exercise price $ 1.00                            
Warrants exercise amount $ 2,500                            
June 2024 Lenders [Member] | Common Stock [Member]                              
Accumulated Other Comprehensive Income (Loss) [Line Items]                              
Shares issued 934,716                            
June 2024 Lenders [Member] | Warrant [Member]                              
Accumulated Other Comprehensive Income (Loss) [Line Items]                              
Shares issued 934,716                            
Exercise price $ 0.25                            
General and Administrative Expense [Member]                              
Accumulated Other Comprehensive Income (Loss) [Line Items]                              
Share-based compensation expense       $ 34                      
General and Administrative Expense [Member] | Share-Based Payment Arrangement, Tranche One [Member]                              
Accumulated Other Comprehensive Income (Loss) [Line Items]                              
Share-based compensation expense     $ 25                        
Board of Directors [Member]                              
Accumulated Other Comprehensive Income (Loss) [Line Items]                              
Number of restricted stock shares       111,111