v3.25.2
Discontinued Operations (Tables)
 6 Months Ended
Jun. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
The following presents the major classes of assets and liabilities for the Sadot Food Services reporting unit held for sale:

As of
June 30, 2025December 31, 2024
$’000$’000
Cash48 266 
Accounts receivable, net of allowance for doubtful accounts of $31.1 thousand and $0.2 million as of June 30, 2025 and December 31, 2024, respectively
136 170 
Other current assets39 52 
Property and equipment, net6 6 
Goodwill1,798 1,798 
Other non-current assets185 189 
Intangible assets, net2,715 2,715 
Assets held for sale4,927 5,196 
Accounts payable and accrued expenses200 149 
Notes payable, current581 79 
Operating lease liability, current— 138 
Deferred revenue, current121 125 
Other current liabilities307 243 
Notes payable, non-current— 542 
Deferred revenue, non-current937 1,057 
Liabilities held for sale2,146 2,333 
Sadot Food Services had the following pre-tax income and losses:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
$’000$’000$’000$’000
Sadot Food Services Net Income / (Loss) Before Income Tax(55)42 52 (1,049)
Discontinued operations were as follows:

Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
$’000$’000$’000$’000
Revenues383 1,745 777 3,174 
Cost of goods sold— (1,219)— (2,550)
Gross profit383 526 777 624 
Depreciation and amortization expenses— — — (189)
Franchise advertising fund expenses(13)(12)(34)(28)
Post-closing expenses(99)(10)(59)(29)
Sales, general and administrative expenses(321)(728)(621)(1,431)
Income / (loss) from discontinued operations(50)(224)63 (1,053)
Other income1 19 1 19 
Interest expense, net(6)247 (12)(15)
Income / (loss) from discontinued operations before income tax(55)42 52 (1,049)
Income tax benefit / (expense) from discontinued operations— — — — 
Income / (loss) from discontinued operations(55)42 52 (1,049)