XML 21 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]    
Revenues $ 14,162 $ 18,366
Cost of revenues 10,652 14,094
Gross profit 3,510 4,272
Operating expenses:    
Research and development 1,906 1,964
Selling and marketing 1,582 1,883
General and administrative 6,345 4,116
Impairment of goodwill 1,466
Amortization of intangible assets 1,298 978
Total operating expenses 12,597 8,941
Loss from operations (9,087) (4,669)
Finance expense, net 1,267 401
Loss before provision for income taxes (10,354) (5,070)
Taxes on income (benefit) 606 (10)
Net loss from continued operation (10,960) (5,060)
Net income (loss) from discontinued operation 4,894 (4,901)
Total Net Loss (6,066) (9,961)
Net loss attributable to non-controlling interests 3,456 1,804
Net loss attributable to MICT $ (2,610) $ (8,157)
Loss per share attributable to MICT:    
Basic and diluted loss per share from continued operation $ (0.81) $ (0.45)
Basic and diluted income (loss) per share from discontinued operation 0.53 (0.69)
Weighted average common shares outstanding: Basic and diluted $ 9,166,443 $ 7,128,655