Related Parties

12 Months Ended

Dec. 31, 2021

Related Party Transactions [Abstract]

RELATED PARTIES

NOTE 4:- RELATED PARTIES

a	The Company signed an agreement with the CFO, effective November 11, 2021, pursuant to which the CFO will received $6 per month. During the years ended December 31, 2021, and 2020, the Company paid compensation expenses to the CFO in the amount of $56 and $20, respectively. Amounts owed to the CFO as of December 31, 2021, were $12.
b.	The Company signed an agreement with the CEO of Saffron Tech, effective December 12, 2021, pursuant to which the CEO will received $11.3 per month. During the year ended December 31, 2021, the Company paid compensation expenses to the CEO in the amount of $8. Amounts owed to the CEO as of December 31, 2021, were $7.
c.	On September 1, 2020, the Company, the Company granted the CFO 36,000 Restricted Share Units ("RSU’s") with an exercise price of nil. The RSU’s vest quarterly over three years. During the years ended December 31, 2021, and 2020, the Company incurred share-based expenses in respect of the RSU’s in the amount of $10 and $3, respectively

d.	During the year ended December 31, 2021, the Company granted two directors 60,000 fully vested RSU’s. The fair value of the RSU’s at the date of the grant was $334.
e.	During the years ended December 31, 2021, and 2020, the Company paid compensation expenses to related parties (CEO, CFO, and directors) in the amount of $235 and $11, respectively.
f.	Amounts owing to related parties (CEO, CFO and directors) as of December 31, 2021, and December 31, 2020, were $22 and $14, respectively.
g.	From July 2021 through to August 2021, the Company granted three directors 47,134 shares. The fair value of the shares at the date of the grant was $106.
h.	On October 5, 2021, the Company granted a director 7,500 RSU’s. The fair value of the shares at the date of the grant was $18.
i.	On December 14, 2021, the Company granted five directors 144,000 RSU’s. The fair value of the shares at the date of the grant was $111. During the year ended December 31, 2021, the Company incurred share-based expenses in respect of the RSU’s in the amount of $28.