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Employee Option Plans (Tables) | 12 Months Ended
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Dec. 31, 2021
Employee Option Plans (Tables) [Line Items] |
Schedule of stock-based compensation expense resulting from stock options grants |
|  | Year ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Selling and marketing expenses |  |  | - |  |  |  | - |  |  |  | 74 |
General and administrative expenses |  |  | 14,767 |  |  |  | 7,856 |  |  |  | 3,800 |
|  | $ | 14,767 |  |  | $ | 7,856 |  |  | $ | 3,874 |
Schedule of Sapiens’ stock option plans |
|  |  |  |  |  |  |  |  |  |  |  |  |  | Weighted |
|  |  |  |  | Weighted |  |  |  |  |  |  |  |  | Average |
|  | Options |  |  | Average |  |  | Weighted |  |  | Options |  |  | Exercise |
|  | outstanding |  |  | remaining |  |  | average |  |  | Exercisable |  |  | price of |
Ranges of |  | as of |  |  | contractual |  |  | exercise |  |  | as of |  |  | Options |
exercise price |  | December 31, |  |  | Term |  |  | price |  |  | December 31, |  |  | Exercisable |
$ |  | 2021 |  |  | (Years) |  |  | $ |  |  | 2021 |  |  | $ |
7.94 |  |  | 3,750 |  |  |  | 2.35 |  |  |  | 7.94 |  |  |  | - |  |  |  | - |
8.7-10.72 |  |  | 597,969 |  |  |  | 1.82 |  |  |  | 10.64 |  |  |  | 564,969 |  |  |  | 10.66 |
11.48-15.09 |  |  | 109,166 |  |  |  | 2.28 |  |  |  | 12.51 |  |  |  | 67,500 |  |  |  | 12.17 |
23.92-28.49 |  |  | 297,500 |  |  |  | 4.56 |  |  |  | 25.97 |  |  |  | 82,500 |  |  |  | 24.77 |
29.81-32.27 |  |  | 730,000 |  |  |  | 4.98 |  |  |  | 30.17 |  |  |  | 20,000 |  |  |  | 31.59 |
34.96 |  |  | 97,000 |  |  |  | 5.92 |  |  |  | 34.69 |  |  |  | - |  |  |  | - |
|  |  | 1,835,385 |  |  |  | 3.77 |  |  |  | 22.27 |  |  |  | 734,696 |  |  |  | 12.95 |
Schedule of the RSU activities |
|  |  |  |  | Weighted Average |
|  | Amount of |  |  | Grant-Date Fair |
|  | options |  |  | value |
Unvested at January 1, 2021 |  |  | 238,005 |  |  |  | 24.45 |
Granted |  |  | 74,222 |  |  |  | 29.96 |
Vested |  |  | (43,451 | ) |  |  | 24.45 |
Expired and forfeiture |  |  | (65,020 | ) |  |  | 24.47 |
Unvested at December 31, 2021 |  |  | 203,756 |  |  |  | 26.46 |
Schedule of Sapiens’ stock option plans |
Ranges of Exercise price |  |  | Options outstanding |  |  | Weighted average remaining contractual life |  |  | Weighted average exercise price |  |  | Options exercisable |  |  | Weighted average exercise price of exercisable options |
$ |  |  |  |  |  | (Years) |  |  | $ |  |  |  |  |  | $ |
| 0 |  |  |  | 60,000 |  |  |  | 1.60 |  |  |  | - |  |  |  | 20,000 |  |  |  | - |
| 4.32 |  |  |  | 6,250 |  |  |  | 8.62 |  |  | $ | 4.32 |  |  |  | 6,250 |  |  | $ | 4.32 |
|  |  |  |  | 66,250 |  |  |  | 7.96 |  |  | $ | 0.45 |  |  |  | 26,250 |  |  | $ | 1.03 |
Matrix [Member] |
Employee Option Plans (Tables) [Line Items] |
Schedule of Matrix stock-based compensation activity (and not Magic software) |
|  | Number of options |  |  | Weighted average exercise price |  |  | Weighted average remaining contractual term (in years) |  |  | Aggregate intrinsic value |
Outstanding at January 1, 2021 |  |  | 1,674,134 |  |  |  | 10.70 |  |  |  | 2.88 |  |  |  | 19,935 |
Exercised |  |  | (811,378 | ) |  |  | 10.70 |  |  |  | - |  |  |  | (11,159 | )
Outstanding at December 31, 2021 |  |  | 862,756 |  |  |  | 11.41 |  |  |  | 1.93 |  |  |  | 17,513 |
Exercisable at December 31, 2021 |  |  | 51,378 |  |  |  | - |  |  |  | - |  |  |  | 1,560 |
Sapiens [Member] |
Employee Option Plans (Tables) [Line Items] |
Schedule of Sapiens stock-based compensation activity (and not Magic software) |
|  | Year ended December 31, 2021 |
|  | Amount of options |  |  | Weighted average exercise price |  |  | Weighted average remaining contractual life (in years) |  |  | Aggregate intrinsic value |
Outstanding at January 1, 2021 |  |  | 1,462,482 |  |  |  | 14.26 |  |  |  | 3.17 |  |  |  | 24,019 |
Granted |  |  | 847,000 |  |  |  | 30.36 |  |  |  |  |  |  |  |  |
Exercised |  |  | (359,859 | ) |  |  | 10.32 |  |  |  |  |  |  |  |  |
Expired and forfeited |  |  | (114,238 | ) |  |  | 12.69 |  |  |  |  |  |  |  |  |
Outstanding at December 31, 2021 |  |  | 1835,385 |  |  |  | 22.27 |  |  |  | 3.77 |  |  |  | 22,374 |
Exercisable at December 31, 2021 |  |  | 734,969 |  |  |  | 12.95 |  |  |  | 2.1 |  |  |  | 15,064 |
Magic Software [Member] |
Employee Option Plans (Tables) [Line Items] |
Schedule of the RSU activities |
|  |  | Number of options |  |  | Weighted average exercise price |  |  | Weighted average remaining contractual term (in years) |  |  | Aggregate intrinsic value |
Outstanding at January 1, 2021 |  |  |  | 24,250 |  |  |  | 3.45 |  |  |  | 1.24 |  |  |  | 380 |
Granted |  |  |  | 80,000 |  |  |  | - |  |  |  |  |  |  |  |  |
Exercised |  |  |  | (38,000 | ) |  |  | 1.12 |  |  |  |  |  |  |  |  |
Forfeited |  |  |  | - |  |  |  |  |  |  |  |  |  |  |  |  |
Outstanding at December 31, 2021 |  |  |  | 66,250 |  |  |  | 0.45 |  |  |  |  |  |  |  | 1,360 |
Exercisable at December 31, 2021 |  |  |  | 26,250 |  |  |  | 1.03 |  |  |  | 7.96 |  |  |  | 522 |

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