XML 73 R48.htm IDEA: XBRL DOCUMENT v3.20.1
Interest in Other Entities (Details)
$ in Thousands
1 Months Ended 12 Months Ended
Sep. 03, 2019
USD ($)
shares
Sep. 03, 2019
ILS (₪)
shares
Sep. 16, 2019
Jun. 19, 2019
USD ($)
shares
Jul. 23, 2018
shares
Dec. 31, 2019
USD ($)
shares
Dec. 31, 2018
USD ($)
shares
Dec. 31, 2017
USD ($)
Dec. 30, 2019
shares
Nov. 28, 2017
shares
Interest in Other Entities (Details) [Line Items]                    
Shares issued             45,202,900     4,050,000
Capital reserve (in Dollars) | $           $ 11,714        
Reverse earn out, description       Medigus’ investment in Algomizer and Linkury is based on a projection that Linkury’s net profit for 2019 will be at least NIS 15 million. In the event that Linkury’s net income is less than NIS 15 million for 2019, Medigus will be issued with additional securities in Algomizer group, adjusting the price per Algomizer group securities to the actual net profit for 2019, and compensating Medigus for the difference between the actual net profit and the target net profit for 2019 (“Reverse earn out”). Linkury net profit for 2019 was more than NIS 15 million.            
Percentage on discount on average share price       20.00%            
Payment for acquisition | $           $ 4,057    
ScoutCam Inc. [Member]                    
Interest in Other Entities (Details) [Line Items]                    
Shares issued           3,413,312        
Warrants, description           Each Warrant A is exercisable into one share of common stock of ScoutCam Inc. at an exercise price of USD 0.595 per share during the12 month period following the allotment. Each Warrant B is exercisable into one share of common stock of ScoutCam Inc. at an exercise price of USD 0.893 per share during the 18 month period following the allotment.        
Net acquired assets (in Dollars) | $           $ 3,040        
Shrem Zilberman Group Ltd [Member]                    
Interest in Other Entities (Details) [Line Items]                    
Warrants, description           the amount representing 3% of any exercise price of each Warrant A or Warrant B that may be exercised in the future. In the event the total proceeds received as a result of exercise of Warrants will be less than $2 million at the time of their expiration, the Consultant will be required to invest $250,000 in ScoutCam Inc.        
Algomizer [Member]                    
Interest in Other Entities (Details) [Line Items]                    
Investment amount (in Dollars) | $       $ 5,000            
Shares on acquisition       2,168,675            
Payment for acquisition $ 4,057 ₪ 14,400,000                
Description of percentage on shares acquired On September 3, 2019 the Company acquired 8.45% of the issued shares of Algomizer Ltd and 9.34% of the issued shares of Linkury Ltd. On September 3, 2019 the Company acquired 8.45% of the issued shares of Algomizer Ltd and 9.34% of the issued shares of Linkury Ltd.                
Algomizer [Member] | Top of range [member]                    
Interest in Other Entities (Details) [Line Items]                    
Percentage on shares issued           8.45%        
Algomizer [Member] | Bottom of range [member]                    
Interest in Other Entities (Details) [Line Items]                    
Percentage on shares issued           8.22%        
Linkury Ltd [Member]                    
Interest in Other Entities (Details) [Line Items]                    
Shares on acquisition       729,508            
Algomizer Warrants [Member]                    
Interest in Other Entities (Details) [Line Items]                    
Shares on acquisition       2,898,183            
Warrants to purchase shares       2,898,183            
Securities Exchange Agreement [Member]                    
Interest in Other Entities (Details) [Line Items]                    
Agreement, description     Company entered into a Securities Exchange Agreement (the “Exchange Agreement”), with ScoutCam Inc, formally known as Intellisense Solutions Inc (“Intellisense”), pursuant to which the Company assigned, transferred and delivered 100% of its holdings in ScoutCam to ScoutCam Inc, in exchange for consideration consisting of shares of ScoutCam’s Inc. common stock representing 60% of the issued and outstanding share capital of ScoutCam Inc. immediately upon the closing of the Exchange Agreement (the “Closing”). The Exchange Agreement was conditioned on certain obligations by the respective parties, including, but not limited to, that ScoutCam Inc. will have at least USD 3 million in cash on hand upon Closing, and that ScoutCam Inc. will bear the costs and expenses in connection with the execution of the Exchange Agreement. In accordance with said obligations, ScoutCam Inc. undertook to secure at least USD 3 million in funding prior to the Closing, based on a pre-money valuation of USD 10 million on a post-Closing basis. In addition, the Exchange Agreement provides that if ScoutCam achieves an aggregated amount of USD 33 million in sales within the first three years immediately after the Closing, ScoutCam Inc. will issue to the Company additional shares representing 10% of ScoutCam’s Inc. issued and outstanding share capital as reflected on the date of the Closing.              
Exchange Agreement [Member] | Intellisense [Member]                    
Interest in Other Entities (Details) [Line Items]                    
Shares issued                 16,130,952  
Common Stock [Member] | ScoutCam Inc. [Member]                    
Interest in Other Entities (Details) [Line Items]                    
Shares issued           3,413,312        
Proceeds from issuance (in Dollars) | $           $ 3,300        
ADS [Member]                    
Interest in Other Entities (Details) [Line Items]                    
Shares issued                   202,500
Warrants to purchase shares         198,637          
ADS [Member] | Algomizer [Member]                    
Interest in Other Entities (Details) [Line Items]                    
Shares issued 6,666,680 6,666,680                
Number of ADS issued 333,334 333,334                
Warrants [Member] | Algomizer [Member]                    
Interest in Other Entities (Details) [Line Items]                    
Shares issued 6,666,680 6,666,680                
Number of warrants issued 333,334 333,334