v3.26.1
INTANGIBLE ASSETS AND GOODWILL (Tables)
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF GOODWILL

Changes in the carrying amount of the Company’s goodwill for the years ended December 31, 2024 and 2023 are as follows:

 

   (in thousands) 
Goodwill as of December 31, 2022  $8,187 
Deconsolidation of Octomera   (6,815)
Translation differences   (161)
Goodwill as of December 31, 2023  $1,211 
Impairment of Goodwill   (1,211)
Goodwill as of December 31, 2024  $- 
SCHEDULE OF OTHER INTANGIBLE ASSETS

Other intangible assets consisted of the following:

 

   2024   2023 
   December 31, 
   2024   2023 
   (in thousands) 
Gross Carrying Amount:          
Know How  $1,728   $- 
Technology   9,340    9,340 
Subtotal   11,068    9,340 
Less – Accumulated amortization   * (11,068)   (1,965)
Net carrying amount of other intangible assets  $-   $7,375 

 

*Including impairment expense for the years ended December 31, 2024 and December 31, 2023 were $8,375 thousand and $0 thousand, respectively (see note 1).