v3.25.2
Goodwill and Intangible Assets, Net (Tables)
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets, Net [Abstract]  
Schedule of Composition and Movement

Composition and movement:

 

   Patents   Goodwill   Customer
relations,
order backlog		   Technology (2)   Total 
   USD in thousands 
Cost:                    
                     
Balance as of January 1, 2023   32    13,702    20,823    1,126    35,683 
                          
Impairment recognized in the year (1)   -    (10,643)   (4,615)   -    (15,258)
Adjustments arising from translating financial statements from functional currency to presentation currency   (1)   (592)   (613)   (34)   (1,240)
Balance as of December 31, 2023   31    2,467    15,595    1,092    19,185 
                          
Impairment recognized in the year (1)   -    (571)   (82)   -    (653)
Adjustments arising from translating financial statements from functional currency to presentation currency   (1)   (22)   (99)   (6)   (128)
Balance as of December 31, 2024   30    1,874    15,414    1,086    18,404 
Accumulated amortization:                         
                          
Balance as of January 1, 2023   9    -    5,113    661    5,783 
Amortization recognized in the year (1)   9    -    5,278    446    5,733 
Adjustments arising from translating financial statements from functional currency to presentation currency   *    -    (199)   (15)   (214)
                          
Balance as of December 31, 2023   18    -    10,192    1,092    11,302 
Amortization recognized in the year (1)   6    -    947    -    953 
Adjustments arising from translating financial statements from functional currency to presentation currency   
 
    -    (56)   (6)   (62)
                          
Balance as of December 31, 2024   24    -    11,083    1,086    12,193 
                          
Net balance:                         
                          
As of December 31, 2024   6    1,874    4,331    -    6,211 
                          
As of December 31, 2023   13    2,467    5,403    -    7,883 

 

*)Less than 1 thousand US dollars.

 

1)Customer relations, order backlog and brand amortization expenses are classified in the statement of profit or loss under sales and marketing expenses.

 

2)Technology and supplier relationships amortization expenses are classified in the statement of profit or loss under cost of sales expenses. Patents amortization expenses are classified in the statement of profit or loss under general and administrative expenses.
Schedule of Purchase Price Allocation

The purchase price allocation was as follows (in thousands):

 

Technology   500 
Customer relationships   9,453 
Total consideration   9,953 
Schedule of the Goodwill and the Intangible Assets

The carrying amount as of December 31, 2024 of the goodwill and the intangible assets which were allocated to each cash-generating unit:

 

   Professional
Services		   Consulting   Total 
     
Patents   6    -    6 
Goodwill   1,874    -    1,874 
Customer relationship, Suppliers relationship and Backlog   924    3,407    4,331 
Total   2,804    3,407    6,211