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SEGMENT REPORTING
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
SEGMENT REPORTING

NOTE 12 – SEGMENT REPORTING

 

A.Information about reported segment profit or loss and assets

 

As of December 31, 2024, the Company had two reportable segments: (i) Pathogen prevention and prolong shelf life, and (ii) the N2O emissions Global warming solutions. The Pathogen prevention operating segment consists Save Food Ltd. and the Global warming solutions operating segment consist of NTWO OFF Ltd.

 

As of March 31, 2025, management estimated that N2O emissions Global warming solutions activity did not meet the quantitative thresholds for separate segment reporting under ASC 280 while additional investments in Renewable energy projects, including new investments made during the period, meet the quantitative thresholds for separate segment reporting under ASC 280 the Company determined that it has two reportable segments: (i) Pathogen prevention and prolong shelf life, and (ii) Renewable energy projects. The Pathogen prevention operating segment consists Save Food Ltd. and the Global warming solutions operating segment consist of NITO Renewable Energy, Inc. and Solar photovoltaic joint venture project.

 

The chief operating decision maker evaluates segment performance primarily based on segment operating loss.

 

The following table presents information about the Company’s reportable segments for the year ended March 31, 2025 and 2024:

 

   2025   2024 
   Three months ended 
   March 31 
   2025   2024 
         
Revenue from pathogen prevention and prolong shelf life   66    44 
Cost related to pathogen prevention and prolong shelf life   (270)   (235)
Operating loss from Pathogen prevention and prolong shelf life   (204)   (191)
           
Revenue from renewable energy projects   -    - 
Cost related to renewable energy projects   (71)   - 
Operating loss from Renewable energy projects   (71)   - 
           
Research and development expenses   -    (103)
Professional services   (238)   (302)
Share base compensation   (41)   (140)
Depreciation   (3)   (5)

Interest of loans

   

(77

)   

-

 
Other general and administrative expenses   (62)   (158)
Total Operating loss   (421)   (708)
           
Financing (expenses) income, net   (736)   5 
Other loss   -    (12)
Changes in fair value of investments measured under the fair value option   175    84 
Net loss   (1,257)   (822)