XML 48 R31.htm IDEA: XBRL DOCUMENT v3.22.4

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of significant components of the company's deferred tax asset

		December 31,				December 31,
		2022				2021
		USD thousands				USD thousands
Net operating loss carry-forwards			36,550				33,396
Share-based compensation expense			1,774				1,147
Research and development costs			2,858				1,449
Other			13				38
Gross deferred tax assets			41,195				36,030
Less - Valuation allowance			(41,195	)			(36,030)
Net deferred tax assets			-				-

Schedule of roll forward of valuation allowance

Balance at January 1, 2021		$	6,200
Currency transaction loss			2,425
Tax assets acquired through merger			24,535
Income tax expense			2,870
Balance at December 31, 2021		$	36,030
Currency transaction Income			(1,316	)
Income tax expense			6,481
Balance at December 31, 2022		$	41,195

Schedule of reconciliation of theoretical income tax expense to actual income tax expense

		December 31,				December 31,
		2022				2021
		USD thousands				USD thousands
Loss before income taxes			(28,180	)			(12,478	)
Statutory tax rate			23	%			23	%
Theoretical tax benefit			(6,481	)			(2,870	)
Change in temporary differences for which deferred taxes were not recognized			(1,696	)			(1,332	)
Tax rate differential			20				(101	)
Non-deductible expenses			744				239
Losses and other items for which a valuation allowance was provided or benefit from loss carryforwards			6,879				4,064
Actual income tax expense (Benefit)			(534	)			-

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of valuation allowances to reduce deferred tax assets to net realizable value, including identification of the deferred tax asset more likely than not will not be fully realized and the corresponding amount of the valuation allowance.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319

+ Details

Name:	us-gaap_SummaryOfValuationAllowanceTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration