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SEGMENT REPORTING (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2024
		Search segment				Digital content segment				Adjustments (See below)				Total
Revenues from external customers			4,376				19,240				-				23,616
Inter segment revenues			-				183				(183	)			-
Total revenues			4,376				19,423				(183	)			23,616
Depreciation and amortization			-				-				2,282				2,282
Goodwill impairment			-				-				4,739				4,739
Segment operating income (loss)			1,053				(186	)			(8,263	)			(7,396	)
Financial expenses, net			(21	)			(131	)			(2,603	)(*)			(2,755	)
Segment income (loss), before income taxes			1,032				(317	)			(10,866	)			(10,151	)

		Search segment				Digital content segment				Adjustments (See below)				Total
		For the nine months ended September 30, 2023
		Search segment				Digital content segment				Adjustments (See below)				Total
Revenues from external customers			16,593				47,138				-				63,731
Depreciation and amortization			-				-				2,202				2,202
Segment operating income (loss)			1,053				796				(3,327	)			(1,478	)
Financial expenses, net			(89	)			(159	)			(443	)(**)			(691	)
Segment income (loss), before income taxes			964				637				(3,770	)			(2,169	)

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 September 30, 2024
		Search segment				Digital content segment				Adjustments (See below)				Total
Revenues from external customers			789				5,492				-				6,281
Inter segment revenues			-				183				(183	)			-
Total revenues			789				5,675				(183	)			6,281
Depreciation and amortization			-				-				727				727
Segment operating income (loss)			335				13				(1,254	)			(906	)
Financial income (expenses), net			(11	)			(57	)			220	(*)			152
Segment income (loss), before income taxes			324				(44	)			(1,034	)			(754	)

		Search segment				Digital content segment				Adjustments (See below)				Total
		For the three months ended September 30, 2023
		Search segment				Digital content segment				Adjustments (See below)				Total
Revenues from external customers			5,641				10,074				-				15,715
Depreciation and amortization			-				-				734				734
Segment operating income (loss)			287				(868	)			(1,071	)			(1,652	)
Financial expenses, net			(8	)			(113	)			(139	)(**)			(260	)
Segment income (loss), before income taxes			279				(981	)			(1,210	)			(1,912	)

	(*)	Mainly consist of financial expenses from substantial debt terms modification loss, change in the fair value of financial assets and interest expenses on bank loans in connection with the Financing Agreement (see notes 6.B, 6.D, 6.E and 7).
	(**)	Mainly consist of interest expenses on bank loans in connection with the Financing Agreement (see note 6.A, 6.B).

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 nine months ended September 30, 2024				For the three months ended September 30, 2024
Depreciation and amortization expenses not attributable to segments (***)			(2,282	)			(727	)
General and administrative not attributable to the segments (****)			(1,242	)			(527	)
Goodwill Impairment			(4,739	)			-
			(8,263	)			(1,254	)

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 nine months ended September 30, 2023				For the three months ended September 30, 2023
Depreciation and amortization expenses not attributable to segments (***)			(2,202	)			(734	)
General and administrative not attributable to the segments (****)			(1,125	)			(337	)
			(3,327	)			(1,071	)

	(*)	Mainly consist of financial expenses from substantial debt terms modification loss, change in the fair value of financial assets and interest expenses on bank loans in connection with the Financing Agreement (see notes 6.B, 6.D, 6.E and 7).
	(**)	Mainly consist of interest expenses on bank loans in connection with the Financing Agreement (see note 6.A, 6.B).

	(***)	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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
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