Related Parties Balances and Transactions

12 Months Ended

Dec. 31, 2023

Note 12 - Related Parties Balances and Transactions

Balances with Related Parties:

The following Related Party payables are included in the consolidated Balance Sheets:

	Year ended		Year ended
	December 31,		December 31,
	2023		2022
	USD thousands		USD thousands
Employee and related expenses		490		891
Accrued expenses		74		58
		564		949

On September 19, 2022, the Company entered into a share purchase agreement with the Company's Co- Founders, see Note 8B(4).

Transactions with Related Parties:

The following transactions with related parties are included in the consolidated Statements of Operations:

	Year ended		Year ended		Year ended
	December 31,		December 31,		December 31,
	2023		2022		2021
	USD thousands		USD thousands		USD thousands
Salaries and related expenses		2,795		2,409		1,255
Share-based payments		1,304		2,466		1,775
Professional Services		258		231		244
Research and development		36		36		36

		4,393		5,142		3,310

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

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+ Details