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Related Parties
12 Months Ended
Dec. 31, 2021
Related Party Transactions [Abstract]  
RELATED PARTIES

NOTE 20:- RELATED PARTIES

 

Agreements with iDnext:

 

On January 1, 2016, the Company, through its wholly owned subsidiary BOS-Dimex, consummated the acquisition of the business operations of iDnext Ltd. (“iDnext”) and its subsidiary Next-Line Ltd. (“Next-Line”). iDnext is controlled by Mr. Moti Harel, who was a member of the Company’s Board of Directors until December 12, 2017. Following the acquisition, the company entered into a management service agreement with iDnext.

 

On February 10, 2019, the Company terminated the agreement with iDnext.

 

Expenses incurred according to the agreement with iDnext are as follows:

 

    Year ended December 31,  
    2021     2020     2019  
                   
Monthly fees   $
    -
     
   -
    $   49  
Bonus    
-
     
-
      10  
Payments for employees    
-
     
-
      33  
                         
Total   $
-
     
-
    $ 92