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Financial Instruments (Tables) | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2024 | Dec. 31, 2023
Financial Instruments [Abstract] |  |
Schedule of Financial Assets and Financial Liabilities | The financial assets and financial liabilities in the consolidated statements of financial position are classified by groups of financial instruments pursuant to IFRS 9, “Financial Instruments”:
|  |  |  |  | June 30, |  |  | December 31, |
|  |  |  |  | 2024 |  |  | 2023 |  |  | 2023 |
|  |  |  |  | Unaudited |  |  | Audited |
|  | Note |  |  | USD in thousands |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  |  |  |  |  | $ | 316 |  |  | $ | 2,081 |  |  | $ | 2,141 |
Short-term deposits |  |  |  |  |  |  | 2,308 |  |  |  | - |  |  |  | 3,000 |
Loans to related party |  |  |  |  |  |  | 2,448 |  |  |  | - |  |  |  | - |
Trade receivables |  |  |  |  |  |  | 19 |  |  |  | 43 |  |  |  | 22 |
Government authorities |  |  |  |  |  |  | 74 |  |  |  | 100 |  |  |  | 62 |
Other receivables |  |  |  |  |  |  | 97 |  |  |  | 715 |  |  |  | 203 |
Investments in financial assets |  |  |  |  |  |  | 403 |  |  |  | 849 |  |  |  | 659 |
|  |  |  |  |  | $ | 5,665 |  |  | $ | 3,788 |  |  | $ | 6,087 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit from others |  |  |  |  |  | $ | - |  |  | $ | - |  |  | $ | 48 |
Warrants liability |  |  |  |  |  |  | 345 |  |  |  | 1,714 |  |  |  | 532 |
Lease liability |  |  |  |  |  |  | 64 |  |  |  | - |  |  |  | 76 |
Total financial and lease liabilities |  |  |  |  |  | $ | 409 |  |  | $ | 1,714 |  |  | $ | 656 |
| The financial assets and financial liabilities in the consolidated statements of financial position are classified by groups of financial instruments pursuant to IFRS 9, “Financial Instruments” (“IFRS 9”):
|  | December 31, |
|  | 2023 |  |  | 2022 |
Financial assets: |  |  |  |  |  |
Cash and restricted deposits |  | $ | 2,141 |  |  | $ | 3,634 |
Short term deposits |  |  | 3,000 |  |  |  | - |
Government authorities |  |  | 62 |  |  |  | 45 |
Other receivables |  |  | 203 |  |  |  | 46 |
Investments in financial assets |  |  | 659 |  |  |  | 591 |
Total financial assets at amortized cost |  |  | 6,065 |  |  |  | 4,316 |
Financial liabilities: |  |  |  |  |  |  |  |
Credit from others |  |  | 48 |  |  |  | 102 |
Warrants liability |  |  | 532 |  |  |  | 2,737 |
Lease liability |  |  | 76 |  |  |  | 27 |
Total financial and lease liabilities |  | $ | 656 |  |  | $ | 2,866 |
The tables below are a comparison between the carrying amount and fair value of the Company’s financial instruments as of December 31, 2023, and 2022, which are presented in the financial statements not at fair value (other than those whose amortized cost is a reasonable approximation of fair values):
|  | Carrying amount |  | Fair Value |
|  | December 31, |  |  | December 31, 2023 |
|  | 2023 |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Cash and restricted deposits |  | $ | 2,141 |  |  | $ | - |  |  | $ | - |  |  | $ | 2,141 |
Short term deposits |  |  | 3,000 |  |  |  | - |  |  |  | - |  |  |  | 3,000 |
Government authorities |  |  | 62 |  |  |  | - |  |  |  | - |  |  |  | 62 |
Other receivables |  |  | 203 |  |  |  | - |  |  |  | - |  |  |  | 203 |
Investments in financial assets |  |  | 659 |  |  | $ | - |  |  | $ | - |  |  | $ | 659 |
Total financial assets at amortized cost |  | $ | 6,065 |  |  | $ | - |  |  | $ | - |  |  | $ | 6,065 |
Credit from others |  | $ | 48 |  |  | $ | - |  |  | $ | - |  |  | $ | 48 |
Warrants liability |  |  | 532 |  |  |  | - |  |  |  | - |  |  |  | 532 |
Lease liability |  |  | 76 |  |  |  | - |  |  |  | - |  |  |  | 76 |
Total financial and lease liabilities |  | $ | 656 |  |  | $ | - |  |  | $ |  |  |  | $ | 656 |
|  | Carrying amount |  |  | Fair Value |
|  | December 31, |  |  | December 31, 2023 |
|  | 2023 |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Cash and restricted deposits |  | $ | 3,634 |  |  | $ | - |  |  | $ | - |  |  | $ | 3,634 |
Short term deposits |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Government authorities |  |  | 45 |  |  |  | - |  |  |  | - |  |  |  | 45 |
Other receivables |  |  | 46 |  |  |  | - |  |  |  | - |  |  |  | 46 |
Investments in financial assets |  |  | 591 |  |  | $ | - |  |  | $ | - |  |  | $ | 591 |
Total financial assets at amortized cost |  | $ | 4,316 |  |  | $ | - |  |  | $ | - |  |  | $ | 4,316 |
Credit from others |  | $ | 102 |  |  | $ | - |  |  | $ | - |  |  | $ | 102 |
Warrants liability |  |  | 2,737 |  |  |  | - |  |  |  | - |  |  |  | 2,737 |
Lease liability |  |  | 27 |  |  |  | - |  |  |  | - |  |  |  | 27 |
Total financial and lease liabilities |  | $ | 2,866 |  |  | $ | - |  |  | $ |  |  |  | $ | 2,866 |
Schedule of Warrants Fair Value Using Black–Scholes OPM |  | The warrants’ fair value was calculated using the Black–Scholes OPM, which takes into account the parameters as disclosed below for each period valuated, in which a valuation was performed at (i) the issuance date, and (ii) each reporting date with the following assumptions:
|  | December 31, 2023 |  |  | December 31, 2022 |  |  | March 23, 2020 |
Dividend yield (%) |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Expected volatility (%) |  |  | 72 |  |  |  | 72 |  |  |  | 122.01 |
Risk-free interest rate (%) |  |  | 3.84 |  |  |  | 4.00 |  |  |  | 0.38 |
Underlying Share Price ($) |  |  | 4.88 |  |  |  | 19.66 |  |  |  | 11.18 |
Exercise price ($) |  |  | 637 |  |  |  | 637 |  |  |  | 637 |
Warrants fair value ($) |  |  | 0 |  |  |  | 0 |  |  |  | 0.36 |

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