Annual report pursuant to Section 13 and 15(d)

Taxes on Income (Tables)

v3.21.1
Taxes on Income (Tables)
 12 Months Ended
Dec. 31, 2020
Income Tax Disclosure [Abstract]  
Schedule of Deferred Tax Assets
   

As of

December 31

  
Composition of deferred tax assets:   2020     2019  
Net operating loss carry-forward   $ 2,661     $ 1,585  
Research and development credits     104       112  
Deferred revenues     177       -  
Others     75       9  
Net deferred tax asset before deferred tax liabilities and valuation allowance     3,017       1,706  
                 
Composition of deferred tax liabilities:                
Prepaids     88       -  
Depreciation costs     407       -  
Net deferred tax asset before valuation allowance     2,522       1,706  
                 
Valuation allowance     (2,522 )     (1,706 )
Net deferred tax assets   $ -     $ -  

Schedule of Reconcile the Statutory Income Tax Rate to Effective Income Tax Rate
   

Year Ended

December 31,

  
    2020     2019  
             
Tax rate     23 %     23 %
                 
Tax expense (benefit) at statutory rate   $ (6,572 )   $ (2,054 )
Tax rate differential     45       -  
Permanent differences with respect to stock-based compensation     594       639  
Permanent differences with respect to derivative warrants liabilities, bifurcated conversion feature and convertible loans     2,738       858  
Permanent differences with respect to call option to acquire potential acquiree     731       -  
Permanent differences with respect to IPR&D acquired     1,925       -  
Change in temporary differences     (437 )      111  
Others     -       2  
Loss carryforwards     976       444  
Income tax expense (benefit)   $ -     $ -