v3.26.1
Goodwill and Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets, Net [Abstract]  
Schedule of Composition and Movement Composition and movement:
   Patents   Goodwill   Customer
relations,
order backlog (1)
   Technology and
supplier
relationships (2)
   Total 
   USD in thousands 
Cost:                    
                     
Balance as of January 1, 2024   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 
                          
Acquisition of BlackSwan technology asset at cost upon initial consolidation, January 27, 2025   
-
    
-
    
-
    41,611    41,611 
Foreign currency translation adjustments   
-
    
-
    
-
    1,943    1,943 
Impairment recognized in the year (2d)   
-
    
-
    (3,130)   (43,554)   (46,684)
Adjustments arising from translating financial statements from functional currency to presentation currency   
-
    268    1,549    
-
    1,817 
Balance as of December 31, 2025   30    2,142    13,833    1,086    17,091 
                          
Accumulated amortization:                         
                          
Balance as of January 1, 2024   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 
Amortization recognized in the year (1)   6    
-
    918    
-
    924 
Adjustments arising from translating financial statements from functional currency to presentation currency   
 
    
-
    1,005    
-
    1,005 
Balance as of December 31, 2025   30    
-
    13,006    1,086    14,122 
                          
Net balance:                         
                          
As of December 31, 2025   
-
    2,142    827    
-
    2,969 
As of December 31, 2024   6    1,874    4,331    
-
    6,211 
(1) Customer relations and order backlog amortization expenses are classified in the statement of profit or loss under sales and marketing expenses.

 

(2) Technology 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 the Goodwill and Intangible Assets

As of December 31, 2025, the carrying amount of the goodwill and intangible assets which were allocated to the Professional Services CGU were as follows (in USD thousands):

 

   Professional
Services
   Total 
         
Goodwill   2,142    2,142 
Customer relationship   827    827 
Total   2,969    2,969