XML 51 R37.htm IDEA: XBRL DOCUMENT v3.23.1
Financial Instruments and Financial Risk Management (Tables)
12 Months Ended
Dec. 31, 2022
Disclosure of financial instruments [Abstract]  
Schedule of analyzes non-derivative financial liabilities
   Less than
one year
   Between
one to
two years
   More than
two years
 
   U.S. dollars in thousands 
             
December 31, 2022:            
Lease liabilities   204    13    
-
 
Short-term bank loans   1,606    
-
    
-
 
Long-term loans   617    540    66 
Accounts payable and accruals   4,517    
-
    
-
 
    6,944    553    66 
December 31, 2021:               
Lease liabilities   365    197    
-
 
IIA liability   
-
    182    
-
 
Accounts payable and accruals   4,058    
-
    
-
 
    4,423    379    
-
 

 

Schedule of financial assets at fair value through profit or loss
   December 31 
   2022   2021 
   U.S. dollars in thousands 
         
Stocks   
-
    291 
Global debentures   
-
    1,135 
U.S. corporate debentures   
-
    1,624 
U.S. government debentures   
-
    2,837 
    
-
    5,887 

 

Schedule of recognized in profit or loss
   Year ended December 31 
   2022   2021 
   U.S. dollars in thousands 
         
Stocks investment profit (loss)   (16)   61 
Debentures investment profit (loss)   (167)   19 
    (183)   80 

 

Schedule of fair value measurements based on unobservable data
   Derivative
financial
instruments
   Total 
     
         
Balance as of January 1, 2022   488    488 
Recognition of day 1 loss within profit or loss   328    328 
Changes in fair value recognized within profit or loss   (790)   (790)
Balance as of December 31, 2022   26    26 

 

   Contingent
consideration
   Derivative
financial
instruments
   Total 
     
             
Balance as of January 1, 2021   1,599    1,448    3,047 
Payment of contingent consideration   (915)   
-
    (915)
Recognition of day 1 loss within profit or loss   
-
    328    328 
Changes in fair value recognized within profit or loss   (684)   (1,288)   (1,972)
Balance as of December 31, 2021   
-
    488    488 

 

   Contingent
consideration
   Convertible
debentures
   Derivative
financial
instruments
   Total 
   U.S. dollars in thousands 
                 
Balance as of January 1, 2020   2,170    7,151    1,637    10,958 
Initial recognition of financial liability   684    
-
    1,450    2,134 
Conversion to equity or financial liability   
-
    (4,778)   
-
    (4,778)
Repayment of convertible debentures   
-
    (680)   
-
    (680)
Payment of contingent consideration   (1,600)   
-
    
-
    (1,600)
Recognition of day 1 loss within profit or loss   
-
    
-
    329    329 
Changes in fair value recognized within profit or loss   345    (1,693)   (1,968)   (3,316)
Balance as of December 31, 2020   1,599    
-
    1,448    3,047 

 

Schedule of Financial instruments
   Financial
assets at
amortized
cost
 
   U.S. dollars
in
thousands
 
     
December 31, 2022    
Assets:    
Cash and cash equivalents   3,290 
Accounts receivable (excluding prepaid expenses)   2,236 
Short-term restricted deposits   560 
Long-term restricted deposits   127 
Long-term deposits   21 
    6,234 
      
December 31, 2021     
Assets:     
Cash and cash equivalents   3,828 
Accounts receivable (excluding prepaid expenses)   1,848 
Long-term restricted deposits   84 
Long-term deposit   65 
    5,825 

 

   Liabilities
at fair
value
through
profit
or loss
   Financial
liabilities at
amortized
cost
   Total 
   U.S. dollars in thousands 
             
December 31, 2022            
Liabilities:            
Lease liabilities   
-
    217    217 
Accounts payable and accruals   
-
    4,517    4,517 
Short-term bank loans   
-
    1,606    1,606 
Long-term loans   
-
    1,223    1,223 
Derivative financial instruments   26    
-
    26 
    26    7,563    7,589 
December 31, 2021               
Liabilities:               
Lease liabilities   
-
    562    562 
Accounts payable and accruals   
-
    4,058    4,058 
IIA liability   
-
    182    182 
Derivative financial instruments   488    
-
    488 
    488    4,802    5,290 

 

Schedule of binomial share price model
   Year ended December 31, 
   2022   2021 
Risk-free interest rate   4.39%   0.83%
Expected term (in years)   1.43    2.43 
Expected volatility   69.28%   104.07%

 

    

Year ended December 31,

 
    2022    2021 
Risk-free interest rate   4.11%- 4.73%   0.95% - 1.15%
Expected term (in years)   0.92- 3.39    2.86 - 3.75 
Expected volatility   69.93%- 98.87%   99.93% - 101.72%