| Schedule of segment reporting information, by segment |
| |
|
Six Months Ended June 30, 2026 |
|
| |
|
Cyber
Security
|
|
|
IoT |
|
|
e-Gov |
|
|
Total |
|
| |
|
($) |
|
|
($) |
|
|
($) |
|
|
($) |
|
| Revenues |
|
|
611 |
|
|
|
15,067 |
|
|
|
22 |
|
|
|
15,700 |
|
| Cost of Revenue |
|
|
112 |
|
|
|
5,853 |
|
|
|
50 |
|
|
|
6,015 |
|
| Gross Profit |
|
|
499 |
|
|
|
9,214 |
|
|
|
(28 |
) |
|
|
9,685 |
|
| Employee-related operating expenses (1) |
|
|
281 |
|
|
|
3,597 |
|
|
|
92 |
|
|
|
3,970 |
|
| Other segment items expenses (2) |
|
|
190 |
|
|
|
3,374 |
|
|
|
66 |
|
|
|
3,629 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating Income (loss) |
|
|
28 |
|
|
|
2,243 |
|
|
|
(186 |
) |
|
|
2,085 |
|
| Financial income (expense) |
|
|
(19 |
) |
|
|
(726 |
) |
|
|
2 |
|
|
|
(743 |
) |
| Income tax benefits |
|
|
- |
|
|
|
1,090 |
|
|
|
- |
|
|
|
1,090 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Income (loss) |
|
|
9 |
|
|
|
2,607 |
|
|
|
(184 |
) |
|
|
2,432 |
|
| |
|
Six Months Ended June 30, 2025 |
|
| |
|
Cyber
Security
|
|
|
IoT |
|
|
e-Gov |
|
|
Total |
|
| |
|
($) |
|
|
($) |
|
|
($) |
|
|
($) |
|
| Revenues |
|
|
393 |
|
|
|
12,244 |
|
|
|
1,551 |
|
|
|
14,188 |
|
| Cost of Revenue |
|
|
100 |
|
|
|
4,775 |
|
|
|
635 |
|
|
|
5,510 |
|
| Gross Profit |
|
|
293 |
|
|
|
7,469 |
|
|
|
916 |
|
|
|
8,678 |
|
| Employee-related operating expenses (1) |
|
|
244 |
|
|
|
2,337 |
|
|
|
116 |
|
|
|
2,697 |
|
| Other segment items expenses (2) |
|
|
153 |
|
|
|
3,428 |
|
|
|
82 |
|
|
|
3,663 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating Income (loss) |
|
|
(104 |
) |
|
|
1,704 |
|
|
|
718 |
|
|
|
2,318 |
|
| Financial income (expense) |
|
|
(47 |
) |
|
|
2,899 |
|
|
|
151 |
|
|
|
3,002 |
|
| Tax expenses (benefit) |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Income (loss) |
|
|
(151 |
) |
|
|
4,602 |
|
|
|
869 |
|
|
|
5,320 |
|
|
(1) |
Employee related includes employee salaries and commissions, payroll taxes, benefits, and outsourced Labor costs excluding amounts included in cost of revenues. |
|
(2) |
Other segment items include consulting and professional services, depreciation of property and equipment, amortization of intangible assets, share-based compensation expenses, marketing expenses, finance and legal expenses, travel expenses, subcontractors’ costs, software and subscription costs, overhead expenses and restructuring and related charges. |
|
| Schedule of external customer revenues by geographic area |
| |
|
Six Months Ended
June 30, 2026
|
|
|
Six Months Ended
June 30, 2025
|
|
| |
|
($) |
|
|
($) |
|
| |
|
|
|
|
|
|
| Africa |
|
|
- |
|
|
|
1,011 |
|
| European countries |
|
|
9,409 |
|
|
|
4,045 |
|
| United States |
|
|
3,756 |
|
|
|
3,415 |
|
| Israel |
|
|
2,518 |
|
|
|
5,703 |
|
| APAC |
|
|
17 |
|
|
|
14 |
|
| |
|
|
15,700 |
|
|
|
14,188 |
|
|