v3.26.1
DISCONTINUED OPERATIONS (Tables)
6 Months Ended
Jun. 30, 2026
Notes and other explanatory information [abstract]  
SCHEDULE OF DISCONTINUED OPERATIONS

The below are the data of operating results attributed to the discontinued operations:

 

   2026   2025   2026   2025 
  

Three Months Ended

June 30,

  

Six Months Ended

June 30,

 
   2026   2025   2026   2025 
                 
Revenues  $-   $397   $-   $824 
Cost of revenues   -    386    -    767 
Gross profit   -    11    -    57 
                     
Expenses:                    
Research and development costs  $-   $9   $-   $9 
General and administration expenses   -    456    -    1,455 
Operating loss   -    (454)   -    (1,407)
                     
Financial (income) expense   -    (27)   -    9 
Loss before taxes on income   -    (427)   -    (1,416)
Loss on disposal of discontinued operations*   -    (1,009)   -    (1,009)
Net loss for the period from discontinued operations  $-   $(1,436)  $-   $(2,425)

 

(*) The loss on disposal of discontinued operations was determined as follows:

 

   2026   2025 
  

Six months ended

June 30

 
   2026   2025 
         
Consideration received on disposal of discontinued operations  $-   $148 
Cash disposed of   -    (549)
Net cash outflow on disposal of discontinued operations   -    (401)
           
Net assets disposed (other than cash):          
Property, equipment and right of use assets, net   -    (416)
Trade and other receivables   -    (668)
Trade and other payables   -    223 
Loans   -    94 
Severance payments, net   -    159 
Net assets disposed  $-   $(1,009)

 

   2026   2025 
   Six months ended 
   June 30 
   2026   2025 
         
Net cash flows provided by (used by) discontinued operations          
           
From operating activities  $-   $515 
From investing activities   -    (44)
From financing activities   -    (132)
Net cash flows provided by (used by) discontinued operations  $-   $339