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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from Operating Activities    
Net loss $ (1,175) $ (345)
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortizations 734 734
Share-based compensation 18 30
Deferred taxes (81) (58)
Accrued interest, net 14 (6)
Interest income (39) (21)
Amortization of loan discount 2
Changes in assets and liabilities items:    
Decrease in accounts receivable 4,355 5,386
Decrease in other current assets 148 151
Decrease in operating lease right-of-use asset 23 22
Decrease in severance pay, net (3)
Decrease in accounts payable (3,952) (5,726)
Increase (decrease) in other payables 85 (122)
Decrease in operating lease liabilities (25) (30)
Net cash provided by operating activities 107 12
Cash flows from Investing Activities    
Purchase of property and equipment (2)
Net cash used in investing activities (2)
Cash flows from Financing Activities    
Cash paid to non-controlling interests (see note 1.C) (2,625)
Receipt of short-term bank loan 100
Repayment of short-term loans (743) (247)
Receipt of long-term bank loan 1,500
Repayment of long-term bank loans (417)
Payment of dividend to non-controlling interests (445)
Payment of dividend to shareholders (130)
Increase in loan to parent company (17) (72)
Net cash used in financing activities (660) (2,436)
Decrease in cash and cash equivalents and restricted cash (553) (2,426)
Cash and cash equivalents and restricted cash at beginning of period 1,923 4,381
Cash and cash equivalents and restricted cash at end of period 1,370 1,955
Cash paid during the period    
Taxes paid 54 185
Interest paid 205 197
Total Cash paid during the period $ 259 $ 382