XML 41 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