v3.25.2
RELATED PARTIES
12 Months Ended
Dec. 31, 2024
Notes and other explanatory information [abstract]  
RELATED PARTIES

NOTE 23 - RELATED PARTIES:

 

Key Management Personnel Compensation and other related party transactions and balances:

 

The key management personnel, among others, include board members, CEO and CFO.

 

The totals of remuneration paid to Key Management Personnel and related parties during the years are as follows:

 

1. Transactions with related parties:  December 31, 2024   December 31, 2023 
Share based payments   2,675    2,084 
Short-term salary and fees   661    803 
Revaluation of financial liabilities at fair value   344    1,204 
Payments for legal services   337    287 
Post-employment retirement benefits   98    98 
Non-monetary benefits   41    49 
Payment for Administrative services   -    34 
Conversion of loan to ordinary shares   -    657 
Short-term salary until deletion   -    22 
Key management personnel compensation   4,156    5,238 

 

 

SMX (SECURITY MATTERS) PUBLIC LIMITED COMPANY

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(US$ in thousands)

 

NOTE 23 - RELATED PARTIES (CONT.):

 

2. Balance with related parties:     December 31, 2024   December 31, 2023 
Key management  Salary and related   (166)   (219)
Directors  Consultant services   (83)   - 
Joint Ventures  Investment in subsidiary   105    115 
Joint Ventures  Other receivables   15    15 
Shareholders  Other accounts payable   -    (3)
Shareholders  Trade payables   -    (58)
Shareholders  Derivatives   -    (476)
       (129)   (626)