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Share Based Payments (Tables)
12 Months Ended
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