v3.26.1
EQUITY INVESTMENTS AND LOANS TO ASSOCIATES (Tables)
12 Months Ended
Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]  
SUMMARY OF RESULTS OF OPERATIONS

The following table presents summarized results of operations for the period that the investment in Octomera was recorded under the equity method:

 

   One-Months Ended   Six-Months Ended 
   January 31, 2024   December 31, 2023 
Total revenue  $23   $53 
Gross loss  $771   $5,010 
Net loss  $8,648   $20,145 
SCHEDULE OF CHANGES IN INVESTMENTS AND LOAN

The table below sets forth a summary of the changes in the investments and loans for the years ended December 31, 2024 and December 31, 2023

  

   2024   2023 
   December 31, 
   2024   2023 
   (in thousands) 
         
Opening balance  $8   $135 
Investments during the period   -    660 
Repayment of loan   -    (55)
Share in net loss of associated companies   (8)   (734)
Exchange rate differences   -    2 
Total  $-   $8