v3.25.2
Discontinued Operations – Mobility and Media businesses (Tables)
 6 Months Ended
Jun. 30, 2025
Discontinued Operations Mobility And Media Businesses  
Schedule of discontinued operations
         
   June 30,   December 31, 
   2025   2024 
ASSETS          
Current assets:          
Cash and cash equivalents  $8   $313 
Accounts receivables     483    414 
VAT receivables   —    653 
Prepaid and other current assets   168    167 
Total current assets   659    1,547 
Property, equipment and deposits, net   12    14 
Right of use assets   161    153 
Other assets   138    133 
TOTAL ASSETS  $970   $1,847 
           
LIABILITIES          
Current liabilities:          
Accounts payable  $2,026   $4,500 
Accrued expenses and other current liabilities   3,680    3,203 
VAT payables   760    — 
Deferred revenues   507    785 
Deferred revenues – Related Party   2,349    765 
Short term financial liabilities, net   15,500    12,662 
Total current Liabilities   24,822    21,915 
Non-current financial liabilities, net     —    714 
Other non-current liabilities   142    138 
TOTAL LIABILITIES   24,964    22,767 

 

 The following table presents the results of operations for the three and six months ended June 30, 2025, and 2024 for the mobility and media business, classified as Discontinued Operations.

                 
   Three Months Ended June 30,   Six Months Ended June 30, 
   2025   2024   2025   2024 
Revenues  $—   $389   $339   $833 
Operating expenses:                    
Cost of revenues   44    649    117    1,557 
Sales and marketing   —    311    —    586 
General and administrative   56    316    115    614 
Total operating expenses   100    1,276    232    2,757 
                     
Income (Loss) from discontinued operations   (100)   (887)   107    (1,924)
                     
Gain on extinguishment of AP   —    807    88    807 
Interest expenses, net   (144)   (37)   (283)   (95)
Other income (expenses), net   (48)   114    (55)   100 
Net loss from discontinued operations  $(292)  $(3)  $(143)  $(1,112)
Schedule of financial liabilities
        
   June 30, 2025   December 31, 2024 
Unsecured loans, net   1,963    1,916 
Advances from bank   13,537    11,460 
Total Financial Liabilities, net   15,500    13,376 
Of which classified as Current Financial Liabilities, net   15,500    12,662 
Of which classified as Non-Current Financial Liabilities, net   —    714