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Employee Option Plans (Tables)
12 Months Ended
Dec. 31, 2022
Employee Option Plans (Tables) [Line Items]  
Schedule of Share-Based Compensation Expense Resulting from Stock Options Grants The following table sets forth the breakdown of share-based compensation expense resulting from such grants, as included in the consolidated statements of profit or loss:
   Year ended December 31, 
   2022   2021   2020 
General and administrative expenses   14,953    14,767    7,856 
   $14,953   $14,767   $7,856 
Schedule of Options Outstanding Separated into Ranges of Exercise Price and Exercise Price Categories The options outstanding as of December 31, 2022, have been separated into ranges of exercise price categories, as follows:
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     20,000       7.67      
-
     
-
     
-
 
3.81     6,250       0.6       3.81       6,250       3.81  
      26,250       5.99     $ 0.91       6,250     $ 3.81  
The options outstanding as of December 31, 2022, have been separated into exercise price categories, as follows:
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)     $           $  
0.28     3,238       7.92      
-
      827       0.28  
469.45     297       7.99              
-
     
-
 
1,877.81     493       7.99       3.81      
-
     
-
 
      4,028       7.94     $ 0.91       827     $ 0.28  
Schedule of the RSU Activities A summary of the RSU activities in Sapiens in the year ended on December 31, 2022, is as follows:
       Weighted Average 
   Amount of   Grant-Date Fair 
   options   value 
         
Unvested at January 1, 2022   203,756    26.46 
Granted   7,500    23.24 
Vested   (53,948)   26.32 
Expired and forfeiture   (18,164)   24.73 
           
Unvested at December 31, 2022   139,144    26.56 

 

Matrix [Member]  
Employee Option Plans (Tables) [Line Items]  
Schedule of Matrix IT's Employee Stock-Based Compensation Activity The following table summarizes Matrix IT’s employee stock-based compensation activity during the year ended December 31, 2022:
  

Number

of options

   Weighted
average
exercise
price
  

Weighted average
remaining
contractual
term

(in years)

   Aggregate
intrinsic
value
 
Outstanding at January 1, 2022   862,756    10.07    1.93    17,513 
Expired and forfeited   (12,500)   10.08    
 
    
 
 
Exercised   (451,378)   10.11    
-
    7,786 
                     
Outstanding at December 31, 2022   398,878    7.66    0.9    5,144 
Exercisable at December 31, 2022   51,378    
-
    
-
    1,056 
Sapiens [Member]  
Employee Option Plans (Tables) [Line Items]  
Schedule of Sapiens' Stock-Based Compensation Activity The following table summarizes Sapiens’ stock-based compensation activity during the year ended December 31, 2022:
   Year ended December 31, 2022 
   Amount of
options
  

Weighted

average

exercise

price

   Weighted
average
remaining
contractual
life (in years)
   Aggregate
intrinsic
value
 
Outstanding at January 1, 2022   1,835,385    22.27    3.77    22,374 
Granted   404,500    21.19           
Exercised   (21,253)   10.65         250 
Expired and forfeited   (85,869)   24.07           
                     
Outstanding at December 31, 2022   2,132,763    21.51    3.30    5,531 
                     
Exercisable at December 31, 2022   1,010,513    16.21    1.95    4,305 
Schedule of Options Outstanding Separated into Ranges of Exercise Price and Exercise Price Categories The options outstanding under Sapiens’ stock option plans as of December 31, 2022 have been separated into ranges of exercise price as follows:
                    Weighted 
    Options   Weighted       Options   Average 
    outstanding   Average   Weighted   Exercisable   Exercise 
    as of   remaining   average   as of   price of 
Ranges of   December 31,   contractual   exercise   December 31,   Options 
exercise price   2022   Term   price   2022   Exercisable 
$       (Years)   $       $ 
                      
8    2,000    1.18    8    2,000    8 
8.37-10.02    590,097    0.82    9.96    590,097    9.96 
10.78-18.77    220,416    4.30    16.49    62,916    11.99 
22.54-24.33    423,250    4.42    23.10    141,250    23.69 
27.79-31.57    830,000    4.03    29.27    197,500    29.46 
33.99    67,000    4.92    33.99    16,750    33.99 
                           
     2,132,763    3.30    21.51    1,010,513    16.21 
Magic Software [Member]  
Employee Option Plans (Tables) [Line Items]  
Schedule of the RSU Activities The following table summarizes Magic Software stock-based compensation activity during the year ended December 31, 2022:
  

Number

of options

   Weighted
average
exercise price
  

Weighted average
remaining
contractual
term

(in years)

   Aggregate
intrinsic
value
 
Outstanding at January 1, 2022   66,250    0.45    7.96    1,360 
Granted   
-
    
-
           
Exercised   (20,000)   
-
           
Forfeited   (20,000)   
-
           
                     
Outstanding at December 31, 2022   26,250    0.91    5.99    394 
                     
Exercisable at December 31, 2022   6,250    3.81    0.6    76 
A summary of employee option activity under the Comm-IT Solutions 2022 Plan as of December 31, 2022 and changes during the year ended December 31, 2022 are as follows:
  

Number

of options

   Weighted
average
exercise
price
  

Weighted average
remaining
contractual
term

(in years)

   Aggregate
intrinsic
value
 
Outstanding at January 1, 2022   
-
   $
-
    
-
   $
      -
 
Granted   4,028    264.67           
                     
Outstanding at December 31, 2022   4,028   $264.67    7.94   $7,499 
                     
Exercisable at December 31, 2022   827   $0.28    7.92   $1,839