GENERAL (Tables)

9 Months Ended

Sep. 30, 2021

Credit Derivatives [Line Items]

SCHEDULE OF PURCHASE PRICE ALLOCATION

The following table summarizes the total purchase price and purchase price allocation:

	U.S. dollars in thousands
	Unaudited
Cash payment		2,500
Consideration in Shares		1,699
Fair value of convertible promissory note		4,989
Total purchase price		9,188
Cash and cash equivalents		73
Trade receivables		66
Property and equipment, net		183
Security deposit		3
Technology intangible asset		1,500
Total identifiable assets		1,825
Accounts payable		(82	)
Deferred tax liability		(315	)
Due to related party		(1	)
Total liability assumed		(398	)
Total goodwill		7,761

SCHEDULE OF UNAUDITED PRO FORMA RESULTS OF OPERATION

	Nine months ended September 30,			Year ended December 31,
	2021			2020
	(unaudited)
Revenues	$	7,866		$	5,164
Net loss		(24,552	)		(17,603	)
Basic and diluted net loss per share		(0.04	)		(0.04	)

Monte Carlo Simulation Model [Member]

Credit Derivatives [Line Items]

SCHEDULE OF PURCHASES PRICE ALLOCATION OF CONVERSION

The Optional / Maturity Conversion (scenario 1) was estimated by the appraiser using the Monte Carlo Simulation Model based on the following parameters:

	April 19, 2021
Risk-free interest rate		0.54	%
Expected term (years)		3.94
Volatility		164.02	%
Share price		0.058
Conversion price		*
Fair value	$	5,101

Monte Carlo Simulations Model [Member]

Credit Derivatives [Line Items]

SCHEDULE OF PURCHASES PRICE ALLOCATION OF CONVERSION

The Mandatory Conversion (scenario 2) was estimated by the appraiser using the Monte Carlo Simulation Model based on the following parameters:

	April 19, 2021
Risk-free interest rate		0.54	%
Expected term (years)		0.04
Volatility		112.1	%
Share price		0.058
Conversion price		*
Fair value	$	4,976