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LEASES (Tables)

9 Months Ended

Sep. 30, 2021

Leases

SCHEDULE OF LEASE COSTS, LEASE TERM AND DISCOUNT

The components of lease costs, lease term and discount rate are as follows:

SCHEDULE OF LEASE COSTS, LEASE TERM AND DISCOUNT

		US dollars
		Nine Months Ended
		September 30, 2021
		(unaudited)
Operating lease cost:
Office space			86
Vehicles			32
			118
Remaining Lease Term
vehicles			2.29 years
Weighted Average Discount Rate
Office space			10	%
Vehicles			10	%

SCHEDULE OF OPERATING LEASE MATURITY PAYMENTS

The following is a schedule, by years, of maturities of operating lease liabilities as of September 30, 2021:

SCHEDULE OF OPERATING LEASE MATURITY PAYMENTS 

		US dollars
		September 30, 2021
			(unaudited)
Period:
The remainder of 2021			8
2022			34
2023			29
Total operating lease payments			71
Less: imputed interest			6
Present value of lease liabilities			65

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- References

No definition available.

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- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918686-209980

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918701-209980

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