Assets
and liabilities of Save Foods Ltd. classified as held for sale as of December 31, 2025 and 2024 were as follows:
SCHEDULE OF DISCONTINUED OPERATIONS
| | |
December 31, | |
December 31, |
| | |
2025 | |
2024 |
| Assets | |
| | |
| |
| Current Assets | |
| | |
| |
| Cash and cash
equivalents | |
| 117 | |
| 231 |
| Restricted cash | |
| 27 | |
| 24 |
| Accounts receivable | |
| - | |
| 5 |
| Inventories | |
| 14 | |
| 21 |
| Other
current assets | |
| 41 | |
| 40 |
| Total
Current assets | |
| 199 | |
| 321 |
| | |
| | |
| |
| Right-of-use asset arising
from operating leases | |
| 17 | |
| - |
| Property and equipment,
net | |
| 33 | |
| 48 |
| Total
Assets | |
| 249 | |
| 369 |
| Current Liabilities | |
| | |
| |
| Accounts payable | |
| 11 | |
| 29 |
| Other
liabilities | |
| 174 | |
| 166 |
| Total
current liabilities | |
| 185 | |
| 195 |
| | |
| | |
| |
| Non current operating
lease liabilities | |
| 9 | |
| - |
| Total
Liabilities | |
| 194 | |
| 195 |
Results
of operations of Save Foods Ltd. included in discontinued operations were as follows:
| | |
2025 |
| |
2024 |
|
| | |
Year ended |
|
| | |
December
31 |
|
| | |
2025 |
| |
2024 |
|
| | |
|
| |
|
|
| Revenues from sales of products | |
| 200 |
| |
| 210 |
|
| Cost of sales | |
| (64 |
) | |
| (165 |
) |
| Gross profit | |
| 136 |
| |
| 45 |
|
| | |
| |
| |
| |
|
| Research and development expenses | |
| (104 |
) | |
| (58 |
) |
| Selling and marketing expenses | |
| (174 |
) | |
| (237 |
) |
| General and administrative
expenses | |
| (489 |
) | |
| (436 |
) |
| Operating loss | |
| (631 |
) | |
| (686 |
) |
| Financing income, net | |
| 23 |
| |
| 97 |
|
| Other income | |
| 3 |
| |
| -(*) |
|
Net
loss | |
| (605 |
) | |
| (589 |
) |
Cash
flows from discontinued operations for the years ended December 31, 2025 and 2024:
| | |
2025 |
| |
2024 |
|
| | |
Year ended |
|
| | |
December
31 |
|
| | |
2025 |
| |
2024 |
|
| | |
|
| |
|
|
| Net cash used in operating activities | |
| (600 |
) | |
| (746 |
) |
| Net cash provided by investing activities | |
| 3 |
| |
| -* |
|
|