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v3.25.1

GENERAL (Details Narrative) $ / shares in Units, ₪ in Thousands, $ in Thousands |  |  |  |  |  | 1 Months Ended | 3 Months Ended | 12 Months Ended |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Jul. 15, 2024 | Jan. 23, 2023 USD ($) | Sep. 19, 2022 $ / shares | Aug. 31, 2022 | Jan. 27, 2020 USD ($) | Jan. 27, 2020 ILS (₪) | May 31, 2024 USD ($) | Apr. 30, 2024 USD ($) | Aug. 31, 2024 USD ($) | Dec. 31, 2024 USD ($) $ / shares | Dec. 31, 2023 USD ($) $ / shares | Aug. 30, 2024 USD ($) | Jun. 13, 2024 USD ($) | Jan. 17, 2023 USD ($) | Dec. 05, 2021 | Feb. 07, 2019
Common stock, par value | $ / shares |  |  | $ 0.0001 |  |  |  |  |  |  | $ 0.0001 | $ 0.0001 |  |  |  |  |
Related party transaction description |  |  | As a result of the Reorganization Transaction, the former holders of Gix Media Shares, who previously held approximately 68% of the Company’s Common Stock, hold approximately 97% of the Company’s Common Stock, and Gix Media became a wholly owned subsidiary of the Company. |  |  |  |  |  |  |  |  |  |  |  |  |
Reverse stock split | 1-for-4 |  |  | 1-for-28 |  |  |  |  |  |  |  |  |  |  |  |
Long-term bank loan |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 1,500 |  |
Other expenses |  |  |  |  |  |  | $ 337 | $ 337 |  | $ 34 |  |  |  |  |  |
Goodwill impairment loss |  |  |  |  |  |  |  |  |  | 7,675 | $ 5,107 |  |  |  |  |
Operating loss |  |  |  |  |  |  |  |  |  | 11,555 | 7,472 |  |  |  |  |
Net loss |  |  |  |  |  |  |  |  |  | 14,106 | 8,687 |  |  |  |  |
Cash and cash equivalents |  |  |  |  |  |  |  |  |  | 624 | 1,774 |  |  |  |  |
Bank loan |  |  |  |  |  |  |  |  |  | 5,528 |  |  |  |  |  |
Accumulated deficit |  |  |  |  |  |  |  |  |  | $ (22,714) | $ (10,661) |  |  |  |  |
Gross proceeds |  |  |  |  |  |  |  |  | $ 887 |  |  |  |  |  |  |
Cortex Media Group Ltd [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Business acquire percentage |  | 10.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |
Business consideration |  | $ 2,625 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gix Media Ltd [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ownership percentage |  | 80.00% |  |  |  |  |  |  |  |  |  |  |  |  | 77.92% |
Long-term bank loan |  |  |  |  |  |  |  |  |  |  |  | $ 160 | $ 350 | $ 1,500 |  |
Share Exchange Agreement [Member] | Gix Internet Ltd [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ownership percentage |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 99.83%
VCT Israel [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from sale |  |  |  |  | $ 13 | ₪ 50 |  |  |  |  |  |  |  |  |  |

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