2022 Q4 Form 20-F Financial Statement

#000121390023028401 Filed on April 10, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021 Q4
Revenue $5.859M $5.859M $6.509M
YoY Change -9.99% -9.99% 184.36%
Cost Of Revenue $5.060M $5.060M $4.560M
YoY Change 10.96% 10.96% 291.42%
Gross Profit $799.0K $799.0K $1.949M
YoY Change -59.0% -59.0% 73.4%
Gross Profit Margin 13.64% 13.64% 29.94%
Selling, General & Admin $5.311M $5.311M $2.794M
YoY Change 90.09% 133.96% 296.88%
% of Gross Profit 664.71% 664.71% 143.36%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $286.0K $570.0K $280.0K
YoY Change 2.14% 8.78% 418.52%
% of Gross Profit 35.79% 71.34% 14.37%
Operating Expenses $5.311M $5.311M $2.881M
YoY Change 84.35% 84.35% 309.23%
Operating Profit -$4.512M -$4.512M -$932.0K
YoY Change 384.12% 384.12% -321.9%
Interest Expense $2.305M $2.380M -$629.0K
YoY Change -466.45% -546.53% 171.12%
% of Operating Profit
Other Income/Expense, Net -$75.00K
YoY Change -31.82%
Pretax Income -$2.207M -$6.000K -$1.561M
YoY Change 41.38% -99.62% -930.32%
Income Tax -$6.000K -$6.000K -$21.00K
% Of Pretax Income
Net Earnings -$2.201M -$2.201M -$1.540M
YoY Change 42.92% 42.92% -1475.0%
Net Earnings / Revenue -37.57% -37.57% -23.66%
Basic Earnings Per Share -$0.47
Diluted Earnings Per Share -$0.47 -$0.47 -$224.6K
COMMON SHARES
Basic Shares Outstanding 8.074M shares 4.644M shares
Diluted Shares Outstanding 4.644M shares

Balance Sheet

Concept 2022 Q4 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.137M $8.137M $393.0K
YoY Change 1970.48% 1970.48%
Cash & Equivalents $8.137M $8.137M $393.0K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $1.791M $1.791M $1.227M
Prepaid Expenses
Receivables $327.0K $327.0K $366.0K
Other Receivables $779.0K $779.0K $36.00K
Total Short-Term Assets $11.03M $11.03M $2.022M
YoY Change 445.7% 445.7%
LONG-TERM ASSETS
Property, Plant & Equipment $41.00K $179.0K $3.000K
YoY Change 1266.67% 5866.67%
Goodwill
YoY Change
Intangibles $4.452M $5.021M
YoY Change -11.33%
Long-Term Investments
YoY Change
Other Assets $110.0K $110.0K $366.0K
YoY Change -69.95% -69.95%
Total Long-Term Assets $4.741M $4.741M $5.390M
YoY Change -12.04% -12.04%
TOTAL ASSETS
Total Short-Term Assets $11.03M $11.03M $2.022M
Total Long-Term Assets $4.741M $4.741M $5.390M
Total Assets $15.78M $15.78M $7.412M
YoY Change 112.83% 112.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $131.0K $131.0K $167.0K
YoY Change -21.56% -21.56%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $86.00K $86.00K $927.0K
YoY Change -90.72% -90.72%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $640.0K $640.0K $2.211M
YoY Change -71.05% -71.05%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $3.634M
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $2.314M $2.314M
YoY Change
Total Long-Term Liabilities $2.314M $2.314M $3.634M
YoY Change -36.32% -36.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $640.0K $640.0K $2.211M
Total Long-Term Liabilities $2.314M $2.314M $3.634M
Total Liabilities $2.954M $2.954M $6.159M
YoY Change -52.04% -52.04%
SHAREHOLDERS EQUITY
Retained Earnings -$3.678M -$1.477M
YoY Change 149.02%
Common Stock -$3.319M $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $12.82M $12.82M $1.253M
YoY Change
Total Liabilities & Shareholders Equity $15.78M $15.78M $7.412M
YoY Change 112.83% 112.83%

Cashflow Statement

Concept 2022 Q4 2022 2021 Q4
OPERATING ACTIVITIES
Net Income -$2.201M -$2.201M -$1.540M
YoY Change 42.92% 42.92% -1475.0%
Depreciation, Depletion And Amortization $286.0K $570.0K $280.0K
YoY Change 2.14% 8.78% 418.52%
Cash From Operating Activities -$3.786M -$4.840M -$551.0K
YoY Change 587.11% 460.83% -1477.5%
INVESTING ACTIVITIES
Capital Expenditures $38.00K $41.00K -$2.000K
YoY Change -2000.0% -100.87% 100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$38.00K -$41.00K -$2.000K
YoY Change 1800.0% -99.13% 100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 11.89M $12.63M 796.0K
YoY Change 1394.22% 121.69% 241.63%
NET CHANGE
Cash From Operating Activities -3.786M -$4.840M -551.0K
Cash From Investing Activities -38.00K -$41.00K -2.000K
Cash From Financing Activities 11.89M $12.63M 796.0K
Net Change In Cash 8.070M $7.744M 243.0K
YoY Change 3220.99% 7492.16% -10.66%
FREE CASH FLOW
Cash From Operating Activities -$3.786M -$4.840M -$551.0K
Capital Expenditures $38.00K $41.00K -$2.000K
Free Cash Flow -$3.824M -$4.881M -$549.0K
YoY Change 596.54% -226.22% -1439.02%

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100000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-41000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4730000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-101000 usd
CY2022 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
752000 usd
CY2021 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
981000 usd
CY2022 us-gaap Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
1518000 usd
CY2021 us-gaap Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
134000 usd
CY2020 us-gaap Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
196000 usd
CY2022 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
13391000 usd
CY2021 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
4800000 usd
CY2020 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
250000 usd
CY2021 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
100000 usd
CY2021 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
-1102000 usd
CY2020 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
105000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1250000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
12625000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5695000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
159000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
7744000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
102000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
184000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
393000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
291000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
107000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8137000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
393000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
291000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
73000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
116000 usd
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
477000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
4000 usd
CY2021 jfbr Deferred Offering Costs Included In Other Payables
DeferredOfferingCostsIncludedInOtherPayables
86000 usd
CY2021 jfbr Sharebased Compensation Included In Deferred Offering Costs
SharebasedCompensationIncludedInDeferredOfferingCosts
75000 usd
CY2022 jfbr Issuance Of Ordinary Shares Upon Conversion Of Shareholders Loans
IssuanceOfOrdinarySharesUponConversionOfShareholdersLoans
2839000 usd
CY2022 jfbr Substantial Modification Of Shareholders Loans Recorded In Equity
SubstantialModificationOfShareholdersLoansRecordedInEquity
982000 usd
CY2022 jfbr Right Of Use Assets Obtained In Exchange For Lease Liabilities
RightOfUseAssetsObtainedInExchangeForLeaseLiabilities
152000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.023 pure
CY2022Q1 jfbr Bonus Shares And Reverse Share Split Description
BonusSharesAndReverseShareSplitDescription
the Company’s Board of Directors approved the issuance of bonus shares (equivalent to a stock dividend) on a basis of 664.0547 (prior to adjustments for subsequent reverse share split) ordinary shares of the Company for each Ordinary Share issued and outstanding as of the close of business on February 17, 2022 (provided that any fractional shares be rounded down to the nearest whole number), resulting in an aggregate issuance by the Company as of such date of 6,630,547 (prior to adjustments for subsequent reverse share splits) Ordinary Shares. Additionally, the Board approved an increase in the authorized share capital of the Company to 100,000,000 (43,567,567 after giving effect to the two subsequent reverse share splits) ordinary shares.
CY2022Q2 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
the Company’s Board of Directors approved a 0.806-for-1 reverse split of its issued and outstanding Ordinary Shares, effective as of May 3, 2022, pursuant to which holders of the Company’s Ordinary Shares received 0.806 of an Ordinary Share for every one Ordinary share.
CY2022Q2 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
the Company’s Board of Directors approved a 1-for-1.85 reverse split of our issued and outstanding Ordinary Shares, effective as of June 16, 2022, pursuant to which holders of our Ordinary Shares received one Ordinary Share for every 1.85 Ordinary Shares held as of such date. The reverse stock split proportionally reduced the number of the Company’s authorized share capital.
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-2201000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4840000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-3678000 usd
CY2022 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
13400000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"/><td style="width: 0.25in; text-align: left"><b>b.</b></td><td style="text-align: justify"><b>Use of estimates</b></td> </tr></table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods and accompanying notes. The Group evaluates on an ongoing basis its assumptions including those related to sales allowances, fair value of intangible assets, useful lives of intangible assets, realizability of deferred tax assets, derivative liability and contingent liabilities, among others. Such estimates are based on historical experience and on various other assumptions that are believed to be reasonable, the results of which form the basis for making judgments about the carrying values of the Group’s assets and liabilities.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -24pt"><b> </b></p>
CY2021 us-gaap Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
1211000 usd
CY2020 us-gaap Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
371000 usd
CY2020Q4 jfbr Fair Value Measurement With Unobservable Input Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputReconciliationsRecurringBasisLiabilityValue
0 usd
CY2021 jfbr Fair Value Of Warrant Liability To Be Issued To Thirdparty
FairValueOfWarrantLiabilityToBeIssuedToThirdparty
62000 usd
CY2022Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
366000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1783000 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1066000 usd
CY2022Q4 us-gaap Inventory Gross
InventoryGross
1791000 usd
CY2021Q4 us-gaap Inventory Gross
InventoryGross
1227000 usd
CY2021 jfbr Change In Fair Value
ChangeInFairValue
75000 usd
CY2020 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
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CY2022Q4 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P12M
CY2022 us-gaap Revenue Recognition Customer Acquisitions
RevenueRecognitionCustomerAcquisitions
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"/><td style="width: 0.25in; text-align: left"><b>j.</b></td><td style="text-align: justify"><p style="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif"><b>Asset acquisition</b></p></td> </tr></table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"> </p><p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">The Group accounts for a transaction as an asset acquisition when substantially all of the fair value of the gross assets acquired is concentrated in a single identifiable asset or group of similar identifiable assets, or otherwise does not meet the definition of a business. Asset acquisition-related costs are capitalized as part of the asset or assets acquired.</p><p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"> </p>
CY2022 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P10Y
CY2022Q4 us-gaap Receivable With Imputed Interest Discount
ReceivableWithImputedInterestDiscount
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CY2022Q4 jfbr Present Value Of Lease Liability
PresentValueOfLeaseLiability
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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0.50 pure
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
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CY2022 us-gaap Other Selling And Marketing Expense
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CY2020 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
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CY2022 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.0833 pure
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2022Q4 us-gaap Supplies
Supplies
641000 usd
CY2022Q4 us-gaap Government Contract Receivable
GovernmentContractReceivable
130000 usd
CY2021Q4 us-gaap Government Contract Receivable
GovernmentContractReceivable
35000 usd
CY2022Q4 us-gaap Other Receivables
OtherReceivables
8000 usd
CY2021Q4 us-gaap Other Receivables
OtherReceivables
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CY2022Q4 us-gaap Premiums And Other Receivables Net
PremiumsAndOtherReceivablesNet
779000 usd
CY2021Q4 us-gaap Premiums And Other Receivables Net
PremiumsAndOtherReceivablesNet
36000 usd
CY2022Q4 us-gaap Other Additional Capital
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228000 usd
CY2022Q4 us-gaap Other Inventory In Transit
OtherInventoryInTransit
8000 usd
CY2021Q4 us-gaap Other Inventory In Transit
OtherInventoryInTransit
161000 usd
CY2022 us-gaap Adjustment For Amortization
AdjustmentForAmortization
570000 usd
CY2021 us-gaap Adjustment For Amortization
AdjustmentForAmortization
524000 usd
CY2020 us-gaap Adjustment For Amortization
AdjustmentForAmortization
104000 usd
CY2022 jfbr Finite Lived Intangible Asset Amortization Method
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570000 usd
CY2021 us-gaap Indefinite Lived Intangible Assets Written Off Related To Sale Of Business Unit
IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit
87000 usd
CY2022 us-gaap Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
P3Y
CY2022 jfbr Operating Lease Assets
OperatingLeaseAssets
138000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
141000 usd
CY2022Q4 us-gaap Lessee Finance Lease Renewal Term1
LesseeFinanceLeaseRenewalTerm1
P3Y
CY2022Q4 jfbr Weighted Average Borrowing Rate
WeightedAverageBorrowingRate
0.10 pure
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
58000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
103000 usd
CY2022Q4 jfbr Future Operating Lease Payments
FutureOperatingLeasePayments
161000 usd
CY2022Q4 us-gaap Us Government Agencies Securities At Carrying Value
USGovernmentAgenciesSecuritiesAtCarryingValue
36000 usd
CY2021Q4 us-gaap Us Government Agencies Securities At Carrying Value
USGovernmentAgenciesSecuritiesAtCarryingValue
100000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
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CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
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CY2022Q4 us-gaap Other Liabilities Current
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40000 usd
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
294000 usd
CY2022Q4 jfbr Accrued Expenses And Other Payables
AccruedExpensesAndOtherPayables
266000 usd
CY2021Q4 jfbr Accrued Expenses And Other Payables
AccruedExpensesAndOtherPayables
271000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
391000 usd
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
715000 usd
CY2022Q4 us-gaap Loans Payable
LoansPayable
86000 usd
CY2021Q4 us-gaap Loans Payable
LoansPayable
101000 usd
CY2021Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
111000 usd
CY2021Q4 jfbr Third Party Loan
ThirdPartyLoan
715000 usd
CY2022Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
86000 usd
CY2021Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
927000 usd
CY2022Q3 jfbr Aggregates Amount
AggregatesAmount
153000 usd
CY2022Q3 us-gaap Payments For Previous Acquisition
PaymentsForPreviousAcquisition
14000 usd
CY2022Q3 us-gaap Short Term Debt Percentage Bearing Fixed Interest Rate
ShortTermDebtPercentageBearingFixedInterestRate
0.0999 pure
CY2022Q4 us-gaap Loans Payable
LoansPayable
86000 usd
CY2022Q2 jfbr Aggregates Amount
AggregatesAmount
152000 usd
CY2022Q2 us-gaap Short Term Debt Percentage Bearing Fixed Interest Rate
ShortTermDebtPercentageBearingFixedInterestRate
0.0999 pure
CY2021Q3 us-gaap Short Term Debt Percentage Bearing Fixed Interest Rate
ShortTermDebtPercentageBearingFixedInterestRate
0.10 pure
CY2021Q3 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.01 pure
CY2021Q3 jfbr Aggregate Amount
AggregateAmount
250000 usd
CY2021Q3 jfbr Principal Loan Amount
PrincipalLoanAmount
750000 usd
CY2021Q3 us-gaap Shortterm Debt Fair Value
ShorttermDebtFairValue
62000 usd
CY2021Q4 us-gaap Debt Current
DebtCurrent
137000 usd
CY2021 us-gaap Other Expenses
OtherExpenses
14000 usd
CY2023Q2 jfbr Aggregate Amount
AggregateAmount
1000000 usd
CY2022Q1 us-gaap Short Term Debt Percentage Bearing Variable Interest Rate
ShortTermDebtPercentageBearingVariableInterestRate
0.0325 pure
CY2022Q1 jfbr Short Term Line Of Credits
ShortTermLineOfCredits
400000 usd
CY2022Q2 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
200000 usd
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.47
CY2021Q4 jfbr Fair Value Measurement With Unobservable Input Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputReconciliationsRecurringBasisLiabilityValue
137000 usd
CY2022 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
8220000 usd
CY2022 jfbr Change In Fair Value
ChangeInFairValue
-2822000 usd
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
-3319000 usd
CY2022Q4 jfbr Fair Value Measurement With Unobservable Input Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputReconciliationsRecurringBasisLiabilityValue
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CY2022 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues
62000 usd
CY2021Q4 jfbr Derivative Liability
DerivativeLiability
137000 usd
CY2022Q3 us-gaap Warrant Exercise Price Increase
WarrantExercisePriceIncrease
4.04
CY2022 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
3717473 shares
CY2022 jfbr Public Offering Price Per Share
PublicOfferingPricePerShare
4.16
CY2022Q4 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
1 shares
CY2022 jfbr Additional Warrants
AdditionalWarrants
425912 shares
CY2022Q4 us-gaap Business Combination Contingent Consideration Asset
BusinessCombinationContingentConsiderationAsset
4000 usd
CY2022 us-gaap Derivative Cost Of Hedge Net Of Cash Received
DerivativeCostOfHedgeNetOfCashReceived
13400000 usd
CY2022 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
2100000 usd
CY2022Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
4.04
CY2022Q4 jfbr Revenues Percentage
RevenuesPercentage
0.023 pure
CY2022 jfbr Related Party Fair Value
RelatedPartyFairValue
2216000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
8245000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
3319 usd
CY2021Q4 us-gaap Loans Payable Current
LoansPayableCurrent
4950000 usd
CY2021Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
1316000 usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3634000 usd
CY2020Q4 us-gaap Line Of Credit
LineOfCredit
1000000 usd
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
250000 usd
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
250000 usd
CY2020Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.04 pure
CY2020Q4 us-gaap Defined Benefit Plan Funded Percentage
DefinedBenefitPlanFundedPercentage
0.08 pure
CY2020Q4 us-gaap Investment Interest Rate
InvestmentInterestRate
0.12 pure
CY2021Q1 us-gaap Finite Lived Trademarks Gross
FiniteLivedTrademarksGross
4000000 usd
CY2021Q1 us-gaap Inventory Noncurrent
InventoryNoncurrent
350000 usd
CY2021Q1 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.04 pure
CY2021Q1 us-gaap Interest Expense Other Short Term Borrowings
InterestExpenseOtherShortTermBorrowings
1026000 usd
CY2021Q1 us-gaap Investment Interest Rate
InvestmentInterestRate
0.08 pure
CY2021Q1 us-gaap Loans Receivable Basis Spread On Variable Rate During Period
LoansReceivableBasisSpreadOnVariableRateDuringPeriod
0.1179 pure
CY2022Q2 us-gaap Dividends Common Stock
DividendsCommonStock
10000000 usd
CY2022Q2 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
3821000 usd
CY2022Q2 us-gaap Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
2839000 usd
CY2022Q2 us-gaap Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
982000 usd
CY2022Q3 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
1463619 shares
CY2022Q3 us-gaap Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
393000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.23 pure
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.28 pure
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-2207000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-1561000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
188000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
12000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
94000 usd
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
126000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
12000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
94000 usd
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
126000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-18000 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-115000 usd
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-50000 usd
CY2022 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-18000 usd
CY2021 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
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CY2020 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-21000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
76000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2201000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1561000 usd
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
188000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.23 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.23 pure
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.23 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-506000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-359000 usd
CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
43000 usd
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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Smart Pro entered into a definitive agreement with Medigus. According to the agreement, Medigus will hold 50.01% of the issued and outstanding share capital of Smart Pro, acquired through a combination of a cash investment in Smart Pro and an acquisition of additional shares from Smart Pro’s’ previous shareholders in consideration for restricted American Depository Shares (“ADS”) of Medigus and a cash component. Medigus invested $1,100 thousands in Smart Pro in exchange of issuing 5,572 ordinary shares, pay $150 thousands in cash consideration to the current shareholders and shall issue $500 thousands worth of restricted ADS of Medigus to the current shareholders of such company, with the value of restricted ADS to be subject to downward adjustment based on Smart Pro’s 2020 results. In addition, Smart Pro’s current shareholders shall be entitled to additional milestone allotments of up to an aggregate $750 thousands in restricted ADS subject to Smart Pro ’s achievement of certain milestones throughout 2021.
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