Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

BALANCES AND TRANSACTIONS WITH INTERESTED AND RELATED PARTIES

v3.24.1
BALANCES AND TRANSACTIONS WITH INTERESTED AND RELATED PARTIES
12 Months Ended
Dec. 31, 2023
Related party transactions [abstract]  
RELATED PARTY BALANCES AND TRANSACTIONS [Text Block]
NOTE 24:-
BALANCES AND TRANSACTIONS WITH INTERESTED AND RELATED PARTIES
 
Balances and transactions:
 
The following table summarizes balances with related parties in the statements of financial position:
 
   
December 31,
 
   
2023
   
2022
 
             
Other accounts receivables
 
$
-
   
$
83
 
                 
Other accounts payables
 
$
239
   
$
693
 
 
The following table summarizes the transactions with related parties in the consolidated statements of profit or loss and other comprehensive income:
 
   
Year ended December 31,
 
   
2023
   
2022
   
2021
 
                   
General and administrative and Interest expenses
 
$
641
   
$
1,064
   
$
1,116
 
 
Transactions with related parties mainly includes compensation for management services and bonus in the ordinary course of business and short-term lease payments.
 
  b. Compensation of key management personnel of the Group:
 
The Company's key management personnel are the directors, senior executives and a managing company which provides the Company with key management personnel services.
 
   
Year ended December 31,
 
   
2023
   
2022
   
2021
 
                   
Payroll and related expenses
  $ 704    
$
916
   
$
1,379
 
                         
Share-based compensation
  $ 513    
$
437
   
$
4,349
 
                         
Professional fees *)
  $ 852    
$
1,040
   
$
1,029
 
 
  *)
Includes payments to shareholders for the years ended 2023, 2022 and 2021 of $475, $503 and $455, respectively.