Annual report pursuant to Section 13 and 15(d)

Investment in Affiliated Companies, Net - Schedule of Paid in Investment (Details)

v3.21.1
Investment in Affiliated Companies, Net - Schedule of Paid in Investment (Details)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
USD ($)
Investments, All Other Investments [Abstract]  
Funding commitment $ 1,550 [1]
Fair value of shares upon achieving Performance Milestone 250
Direct costs incurred 100 [2]
Contingent Consideration 1,050 [3]
Total consideration $ 2,950
[1] An amount of $911 out of the Funding commitment was wired through December 31, 2020.
[2] Number of 2,164,502 shares of common stock have been issued as a finder fee in connection with the agreement (see also note 14B3).
[3] Was determined by the management by using the assistance of third-party appraiser. As the Company's obligation under such Contingent Consideration provision represent a potential liability to issue a fixed number of its common stock, the obligation was classified within shareholders' deficit.