v3.26.1
GOODWILL AND INTANGIBLE ASSETS, NET
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
GOODWILL AND INTANGIBLE ASSETS, NET

NOTE 5: GOODWILL AND INTANGIBLE ASSETS, NET

 

  A. Composition:

 

   In-process research and development   Internal-use Software   Customer Relations   Technology   Goodwill   Total 
Cost:                              
Balance as of January 1, 2026   -    465    1,260    3,073    6,392    11,190 
                               
Consolidation of Quantum Israel (note 6.C)   660    -    -    -    14,329    14,989 
Balance as of June 30, 2026   660    465    1,260    3,073    20,721    26,179 
                               
Accumulated amortization:                              
Balance as of January 1, 2026   -    465    592    1,696    -    2,753 
                               
Amortization recognized during the period   -    -    140    266    -    406 
Balance as of June 30, 2026   -    465    732    1,962    -    3,159 
                               
Amortized cost:                              
As of June 30, 2026   660    -    528    1,111    20,721    23,020 

 

   Internal-use Software   Customer Relations   Technology   Goodwill   Total 
Cost:                         
Balance as of January 1, 2025   465    870    2,523    1,083    4,941 
                          
Consolidation of Metagramm (note 6.B)   -    390    550    5,309    6,249 
Balance as of December 31, 2025   465    1,260    3,073    6,392    11,190 
                          
Accumulated amortization:                         
Balance as of January 1, 2025   429    351    1,192    -    1,972 
                          
Amortization recognized during the period   36    241    504    -    781 
Balance as of December 31, 2025   465    592    1,696    -    2,753 
                          
Amortized cost:                         
As of December 31, 2025   -    668    1,377    6,392    8,437 

 

 

QUANTUM X LABS INC. (formerly known as Viewbix Inc.)

NOTES TO INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

U.S. dollars in thousands (except share data)

 

NOTE 5: GOODWILL AND INTANGIBLE ASSETS, NET (Cont.)

 

B. Impairment of intangible assets and goodwill:

 

As of December 31, 2025, the Company performed a quantitative impairment test of the search reporting unit. The Company did not recognize impairment losses regarding this reporting unit for the year ended December 31, 2025.