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Supplementary Financial Statements Information
12 Months Ended
Dec. 31, 2019
Loan to Micronet Ltd. [Abstract]  
SUPPLEMENTARY FINANCIAL STATEMENTS INFORMATION

NOTE 16 — SUPPLEMENTARY FINANCIAL STATEMENTS INFORMATION

 

A. Other Current Assets:

 

   December 31, 
   2019   2018 
Prepaid expenses  $926   $164 
Government departments and agencies receivables   11    129 
Others   -    46 
   $937   $339 

 

B. Other Current Liabilities:

 

   December 31, 
   2019   2018 
Employees and wage-related liabilities  $29   $442 
Deferred revenues and credit card   -    88 
Accrued expenses   254    442 
Other    7    239 
   $290   $1,211 

 

C. Earnings (loss) per Share:

 

Net loss per share is computed by dividing the net loss by the weighted average number of common shares outstanding. The calculation of the basic and diluted earnings per share is the same for all periods presented, as the effect of the potential common shares equivalents is anti-dilutive due to the Company's net loss position for all periods presented.

 

The following table sets forth the computation of basic and diluted net earnings (losses) per share attributable to MICT Inc:

 

   Year ended
December 31,
 
   2019   2018 
Numerator:        
Amount for basic earnings per share  $(4,217)  $(2,610)
Effect of dilutive instruments        - 
           
Amount for diluted earnings per share   (4,217)   (2,610)
           
Denominator:          
Denominator for basic earnings per share - weighted average of shares   10,697,329    9,166,443 
Loss per share attributable to MICT Inc.:          
Basic and diluted continued operation  $(0.39)  $(0.81)
Basic and diluted discontinued operation  $-   $0.56 
Anti-Dilutive Potentially dilutive securities   26,174,731    10,529,588