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Discontinued Operations (Tables) | 9 Months Ended
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Sep. 30, 2025
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Discontinued Operations | The following presents the major classes of assets and liabilities for the Sadot Food Services reporting unit held for sale:
| As of
| September 30, 2025 |  | December 31, 2024
| $’000 |  | $’000
Cash | 307 |  |  | 266 |
Accounts receivable, net of allowance for doubtful accounts of $4.8 thousand and $0.2 million as of September 30, 2025 and December 31, 2024, respectively | 123 |  |  | 170 |
Other current assets | 57 |  |  | 52 |
Property and equipment, net | 6 |  |  | 6 |
Goodwill | 1,798 |  |  | 1,798 |
Other non-current assets | 10 |  |  | 189 |
Intangible assets, net | 2,715 |  |  | 2,715 |
Assets held for sale | 5,016 |  |  | 5,196 |
Accounts payable and accrued expenses | 214 |  |  | 149 |
Notes payable, current | 621 |  |  | 79 |
Operating lease liability, current | — |  |  | 138 |
Deferred revenue, current | 114 |  |  | 125 |
Other current liabilities | 316 |  |  | 243 |
Notes payable, non-current | — |  |  | 542 |
Deferred revenue, non-current | 877 |  |  | 1,057 |
Liabilities held for sale | 2,142 |  |  | 2,333 |
Sadot Food Services had the following pre-tax income and losses:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
| $’000 |  | $’000 |  | $’000 |  | $’000
Sadot Food Services Net Income / (Loss) Before Income Tax | (38) |  |  | (665) |  |  | 14 |  |  | (1,713) |
Discontinued operations were as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
| $’000 |  | $’000 |  | $’000 |  | $’000
Revenues | 460 |  |  | 829 |  |  | 1,237 |  |  | 4,003 |
Cost of goods sold | — |  |  | (563) |  |  | — |  |  | (3,113) |
Gross profit | 460 |  |  | 266 |  |  | 1,237 |  |  | 890 |
Depreciation and amortization expenses | — |  |  | — |  |  | — |  |  | (189) |
Franchise advertising fund expenses | (33) |  |  | (12) |  |  | (68) |  |  | (40) |
Post-closing expenses | — |  |  | (91) |  |  | (59) |  |  | (120) |
Sales, general and administrative expenses | (479) |  |  | (822) |  |  | (1,100) |  |  | (2,252) |
Income / (loss) from discontinued operations | (52) |  |  | (659) |  |  | 10 |  |  | (1,711) |
Other income | 2 |  |  | — |  |  | 3 |  |  | 19 |
Interest expense, net | 12 |  |  | (6) |  |  | 1 |  |  | (21) |
Income / (loss) from discontinued operations before income tax | (38) |  |  | (665) |  |  | 14 |  |  | (1,713) |
Income tax benefit / (expense) from discontinued operations | — |  |  | — |  |  | — |  |  | — |
Income / (loss) from discontinued operations | (38) |  |  | (665) |  |  | 14 |  |  | (1,713) |

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