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Related Party Transactions
12 Months Ended
Dec. 31, 2021
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS
NOTE 17:- RELATED PARTY TRANSACTIONS

 

During the years ended December 31, 2021, and 2020 the Company received a loan from Georgina Manning Pty Ltd, an entity controlled by Georgina Manning, an immediate family member of James Manning, director and CEO, of the Company of $360,320 and $180,160 respectively. These were repaid in full by the Company in August 2021. During the time these loans were outstanding, the Company was charged an interest rate of 8% on the debts and paid a total of $4,529 in interest costs.

 

The Sharon lease, as described in Note 18, is a related party transaction that occurred after the year ended December 31, 2021.