XML 56 R29.htm IDEA: XBRL DOCUMENT v3.24.0.1
Loans, Net (Tables)
12 Months Ended
Dec. 31, 2023
Loans, Net [Abstract]  
Schedule of the Effective Date, Management by Assistance of Third-Party Pursuant to the above, at the Effective Date, management by assistance of third-party appraiser allocated the IBI Loan to identified components as follows:
  

As of

Closing Date

 
     
Derivative warrant liability (see Note 8 below)  $88
Straight loan   812 
Total gross consideration  $900
Schedule of the Reconciliation of the Carrying Amount The following tabular presentation reflects the reconciliation of the carrying amount of the Company’s loans during the years ended December 31, 2023, 2022 and 2021:
  

Year ended

December 31,

 
   2023   2022   2021 
             
Opening balance  $717   $508   $1,069 
Consideration received from PPP Note   
-
    
-
    54 
Net consideration allocated to IBI Loan   
-
    887    
-
 
Recognition of fair value of derivative warrant liability   
-
    (88)   
-
 
PPP Note forgiveness   
-
    
-
    (129)
Amortization of discount relating to straight loan   31    14    14 
Accrued interest expenses relating to straight loan   129    77    5 
Repayment of accrued interest relating to straight loan   (129)   (77)   (45)
Repayment of Facility Fee relating to straight loan   
-
    (10)   (40)
Repayment of principal relating to straight loans   (236)   (582)   (500)
Derecognition due to extinguishment of original straight loan   
-
    
-
    (672)
Recognition subsequent to substantial modification of terms   
-
    
-
    712 
Exchange rate differences   (12)   (12)   
-
 
Closing balance  $500   $717   $508 
Schedule of Maturity Dates of Outstanding Loans Maturity dates of outstanding loans:
  

As of

December 31,

 
   2023   2022 
         
First year (current maturities)  $330   $330 
Second year   170    201 
Third year   
-
    186 
Closing balance  $500   $717