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

RELATED PARTY BALANCES AND TRANSACTIONS

v3.23.1
RELATED PARTY BALANCES AND TRANSACTIONS
 12 Months Ended
Dec. 31, 2022
Related party transactions [abstract]  
RELATED PARTY BALANCES AND TRANSACTIONS [Text Block]
NOTE 21:-
RELATED PARTY BALANCES AND TRANSACTIONS
 
  a.
Balances and transactions:
 
The following table summarizes balances with related parties in the statements of financial position:
 
   
December 31,
  
   
2022
    
2021
  
             
Other accounts receivables
  
$
83
    
$
11
  
                 
Other accounts payables
  
$
693
    
$
875
  
 
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,
  
   
2022
    
2021
  
             
General and administrative expenses
  
$
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.
 
  a.
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,
  
   
2022
    
2021
  
             
Payroll and related expenses
  
$
916
    
$
1,379
  
                 
Share-based compensation
  
$
437
    
$
4,349
  
                 
Professional fees *)
  
$
1,040
    
$
1,029
  
 
  *)
Includes payments to shareholders for the years ended 2022 and 2021 of $503 and $455, respectively.