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Share Based Payments (Tables) | 12 Months Ended
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Dec. 31, 2023
Disclosure Of Share Based Payment Arrangements [Abstract] |
Schedule of Employee Option Activity | A summary of employee option activity under the 2007 Plan as of December 31, 2023 and changes during the year ended December 31, 2023 are as follows:
|  | Number of options |  |  | Weighted average exercise price |  |  | Weighted average remaining contractual term (in years) |  |  | Aggregate intrinsic value |
Outstanding at January 1, 2023 |  |  | 26,250 |  |  | $ | 0.91 |  |  |  | 5.95 |  |  | $ | 397 |
Exercised |  |  | (6,250 | ) |  |  | 3.51 |  |  |  |  |  |  |  |  |
Forfeited |  |  | (20,000 | ) |  |  | - |  |  |  |  |  |  |  |  |
Outstanding at December 31, 2023 |  |  | - |  |  | $ | - |  |  |  | - |  |  | $ | - |
Exercisable at December 31, 2023 |  |  | - |  |  | $ | - |  |  |  | - |  |  | $ | - |
A summary of employee option activity under the Comm-IT Solutions 2022 Plan as of December 31, 2023 and changes during the year ended December 31, 2023 are as follows:
|  | Number of options |  |  | Weighted average exercise price |  |  | Weighted average remaining contractual term (in years) |  |  | Aggregate intrinsic value |
Outstanding at January 1, 2023 |  |  | 4,028 |  |  | $ | 264.67 |  |  |  | 7.94 |  |  | $ | 7,499 |
Granted |  |  | - |  |  |  | - |  |  |  |  |  |  |  |  |
Outstanding at December 31, 2023 |  |  | 4,028 |  |  |  | 256.79 |  |  |  | 6.94 |  |  |  | 7,276 |
Exercisable at December 31, 2023 |  |  | 1,847 |  |  | $ | 27.72 |  |  |  | 6.93 |  |  | $ | 3,760 |
Schedule of Options Outstanding | The options outstanding as of December 31, 2023, have been separated into exercise price categories, as follows:
Exercise price |  | Options outstanding |  |  | Weighted average remaining contractual life (years) |  |  | Options exercisable |  |  | Weighted average exercise price of exercisable options |
In $ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
0.28 |  |  | 3,238 |  |  |  | 6.92 |  |  |  | 1,736 |  |  | $ | 0.28 |
455 |  |  | 297 |  |  |  | 6.99 |  |  |  | 111 |  |  |  | 455 |
1,822 |  |  | 493 |  |  |  | 6.99 |  |  |  | - |  |  |  | - |
|  |  | 4,028 |  |  |  | 6.94 |  |  |  | 1,847 |  |  | $ | 27.72 |
Schedule of Fair Value of the Options Granted Using the Binomial Model | The fair value of the options granted in 2022 using the Binomial model, was estimated on the date of grant with the following assumptions:
|  | Year ended December 31, 2022
Share price |  | $2,110
Contractual life |  | 8 years
Expected exercise factor |  | 1.5
Dividend yield |  | 0%
Expected volatility (weighted average) |  | 41%
Risk-free interest rate |  | 3.28%-3.65%
Fair value of option at the grant date |  | $1,078-$2,126
Schedule of Share-Based Payment Expense Related to Employee Stock Option | During the years ended December 31 2021, 2022 and 2023 the Company share-based payment expense under the 2007 plan and CommIT Solution 2022 amounted to $956, $2,079 and $3,798, respectively, as follows:
|  | Year ended December 31, |
|  | 2021 |  |  | 2022 |  |  | 2023 |
Selling and marketing expenses |  | $ | 956 |  |  | $ | (56 | ) |  | $ | (225 | )
General and administrative expenses |  |  | - |  |  |  | 2,135 |  |  |  | 4,023 |
|  | $ | 956 |  |  | $ | 2,079 |  |  | $ | 3,798 |

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- Definition The disclosure of information about indirect, by reference to the fair value of the equity instruments granted, measurement of the fair value of goods or services received as consideration for the entity's share options. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2023-01-01 -Paragraph 47 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_47_a&doctype=Standard -URIDate 2023-03-23 + Details
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- Definition The disclosure of the number and weighted average remaining contractual life of outstanding share options. [Refer: Weighted average [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2023-01-01 -Paragraph 45 -Subparagraph d -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_45_d&doctype=Standard -URIDate 2023-03-23 + Details
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- Definition The disclosure of the range of exercise prices for outstanding share options. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2023-01-01 -Paragraph 45 -Subparagraph d -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2023-en-r&anchor=para_45_d&doctype=Standard -URIDate 2023-03-23 + Details
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