2022 Q4 Form 10-Q Financial Statement
#000121390022072146 Filed on November 14, 2022
Income Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $170.0K | $189.0K | $365.0K |
YoY Change | -65.16% | -48.22% | |
% of Gross Profit | |||
Research & Development | $179.0K | $218.0K | $125.0K |
YoY Change | -61.75% | 74.4% | |
% of Gross Profit | |||
Depreciation & Amortization | $2.000K | $9.000K | $0.00 |
YoY Change | -60.0% | ||
% of Gross Profit | |||
Operating Expenses | $349.0K | $218.0K | $490.0K |
YoY Change | -63.49% | -55.51% | |
Operating Profit | -$407.0K | -$490.0K | |
YoY Change | -16.94% | ||
Interest Expense | -$363.0K | -$435.0K | -$98.00K |
YoY Change | 611.76% | 343.88% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$435.0K | -$98.00K | |
YoY Change | 343.88% | ||
Pretax Income | -$712.0K | -$842.0K | -$588.0K |
YoY Change | -29.29% | 43.2% | |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$631.0K | -$842.0K | -$530.0K |
YoY Change | -23.98% | 58.87% | |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$0.17 | -$0.01 | |
Diluted Earnings Per Share | -$0.15 | -$0.17 | -$139.4K |
COMMON SHARES | |||
Basic Shares Outstanding | 4.194M shares | 4.194M shares | 3.802M shares |
Diluted Shares Outstanding | 4.194M shares | 3.802M shares |
Balance Sheet
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $810.0K | $191.0K | $916.0K |
YoY Change | -6.47% | -79.15% | |
Cash & Equivalents | $810.0K | $191.0K | $916.0K |
Short-Term Investments | |||
Other Short-Term Assets | $85.00K | $40.00K | $190.0K |
YoY Change | 10.39% | -78.95% | |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $901.0K | $242.0K | $1.106M |
YoY Change | -6.44% | -78.12% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $219.0K | $209.0K | $11.00K |
YoY Change | 3550.0% | 1800.0% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $249.0K | $243.0K | $11.00K |
YoY Change | 378.85% | 2109.09% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $901.0K | $242.0K | $1.106M |
Total Long-Term Assets | $249.0K | $243.0K | $11.00K |
Total Assets | $1.150M | $485.0K | $1.117M |
YoY Change | 13.3% | -56.58% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $55.00K | $33.00K | $33.00K |
YoY Change | 358.33% | 0.0% | |
Accrued Expenses | $32.00K | $15.00K | |
YoY Change | 60.0% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $2.145M | $2.176M | $1.886M |
YoY Change | -28.36% | 15.38% | |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $3.719M | $3.637M | $2.820M |
YoY Change | 10.75% | 28.97% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $20.00K | $0.00 | |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | $20.00K | $0.00 |
YoY Change | -100.0% | ||
Total Long-Term Liabilities | $20.00K | $0.00 | |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.719M | $3.637M | $2.820M |
Total Long-Term Liabilities | $20.00K | $0.00 | |
Total Liabilities | $3.719M | $3.657M | $2.959M |
YoY Change | 9.8% | 23.59% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$22.60M | -$21.97M | |
YoY Change | 7.24% | ||
Common Stock | $4.000K | $4.000K | |
YoY Change | 0.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$2.844M | -$3.119M | -$1.842M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.150M | $485.0K | $1.117M |
YoY Change | 13.3% | -56.58% |
Cashflow Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$631.0K | -$842.0K | -$530.0K |
YoY Change | -23.98% | 58.87% | |
Depreciation, Depletion And Amortization | $2.000K | $9.000K | $0.00 |
YoY Change | -60.0% | ||
Cash From Operating Activities | -$253.0K | -$239.0K | -$408.0K |
YoY Change | 427.08% | -41.42% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $7.000K | $0.00 | $0.00 |
YoY Change | 40.0% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $5.000K | $0.00 | $0.00 |
YoY Change | -600.0% | ||
Cash From Investing Activities | -$2.000K | $0.00 | $0.00 |
YoY Change | -150.0% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 874.0K | 288.0K | 0.000 |
YoY Change | -14666.67% | ||
NET CHANGE | |||
Cash From Operating Activities | -253.0K | -239.0K | -408.0K |
Cash From Investing Activities | -2.000K | 0.000 | 0.000 |
Cash From Financing Activities | 874.0K | 288.0K | 0.000 |
Net Change In Cash | 619.0K | 49.00K | -408.0K |
YoY Change | -1338.0% | -112.01% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$253.0K | -$239.0K | -$408.0K |
Capital Expenditures | $7.000K | $0.00 | $0.00 |
Free Cash Flow | -$260.0K | -$239.0K | -$408.0K |
YoY Change | 390.57% | -41.42% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2022Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-09-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2022 | ||
dei |
Entity File Number
EntityFileNumber
|
333-208814 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
SATIVUS TECH CORP. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
47-2847446 | ||
dei |
Entity Address Address Line1
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#3 Bethesda Metro Center | ||
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#700 | ||
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Entity Address City Or Town
EntityAddressCityOrTown
|
Bethesda | ||
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Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
06880 | ||
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City Area Code
CityAreaCode
|
800 | ||
dei |
Local Phone Number
LocalPhoneNumber
|
608-6432 | ||
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Entity Current Reporting Status
EntityCurrentReportingStatus
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Yes | ||
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Entity Interactive Data Current
EntityInteractiveDataCurrent
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No | ||
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Entity Filer Category
EntityFilerCategory
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Non-accelerated Filer | ||
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Entity Small Business
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true | ||
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Entity Emerging Growth Company
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true | ||
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false | ||
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Restricted Cash Current
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Property Plant And Equipment Net
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Property Plant And Equipment Net
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Research And Development Expense
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Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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Share Based Compensation To Employees And Nonemployee
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Stock Issued During Period Value Share Based Compensation
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Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-2493000 | usd |
CY2022Q3 | satt |
Stock Issued During Period Value Transactions With Noncontrolling Parties
StockIssuedDuringPeriodValueTransactionsWithNoncontrollingParties
|
100000 | usd |
CY2022Q3 | satt |
Share Based Compensation To Employees And Nonemployee
ShareBasedCompensationToEmployeesAndNonemployee
|
50000 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
13000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-842000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-3172000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1101000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2934000 | usd | |
us-gaap |
Depreciation
Depreciation
|
36000 | usd | |
us-gaap |
Depreciation
Depreciation
|
1000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
172000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
496000 | usd | |
satt |
Financial Expenses Related To Loans From Related Party
FinancialExpensesRelatedToLoansFromRelatedParty
|
-980000 | usd | |
satt |
Financial Expenses Related To Loans From Related Party
FinancialExpensesRelatedToLoansFromRelatedParty
|
166000 | usd | |
satt |
Change In Fair Value Of Convertible Component In Convertible Loan
ChangeInFairValueOfConvertibleComponentInConvertibleLoan
|
1081000 | usd | |
satt |
Change In Fair Value Of Convertible Component In Convertible Loan
ChangeInFairValueOfConvertibleComponentInConvertibleLoan
|
1222000 | usd | |
us-gaap |
Increase Decrease In Notes Payable Current
IncreaseDecreaseInNotesPayableCurrent
|
37000 | usd | |
us-gaap |
Increase Decrease In Notes Payable Current
IncreaseDecreaseInNotesPayableCurrent
|
-164000 | usd | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-21000 | usd | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
18000 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
|
1000 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
|
-95000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-733000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1326000 | usd | |
satt |
Decrease Increase In Restricted Cash
DecreaseIncreaseInRestrictedCash
|
-9000 | usd | |
satt |
Decrease Increase In Restricted Cash
DecreaseIncreaseInRestrictedCash
|
19000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
199000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
12000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-190000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-31000 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
239000 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
530000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-16000 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
75000 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
74000 | usd | |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
100000 | usd | |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
1406000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
248000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1862000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-675000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
505000 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
866000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
411000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
191000 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
916000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
75000 | usd | |
us-gaap |
Stock Issued1
StockIssued1
|
8050000 | usd | |
satt |
Purchase Of Fixed Assets By Issuance Of Share Capital
PurchaseOfFixedAssetsByIssuanceOfShareCapital
|
28000 | usd | |
CY2022Q3 | us-gaap |
Other Receivables
OtherReceivables
|
100000 | usd |
CY2022Q3 | us-gaap |
Excess Stock Shares Issued
ExcessStockSharesIssued
|
76890 | shares |
CY2022Q3 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
4.5 | |
CY2022Q3 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
1.36 | |
satt |
Maximum Amount Assuming
MaximumAmountAssuming
|
5000000 | ils | |
satt |
Saffron Tech Has Raised
SaffronTechHasRaised
|
2000000 | ils | |
us-gaap |
Sale Of Stock Percentage Of Ownership Before Transaction
SaleOfStockPercentageOfOwnershipBeforeTransaction
|
0.75 | pure | |
CY2022Q2 | satt |
Retained Earning Accumulated Deficit
RetainedEarningAccumulatedDeficit
|
22005000 | usd |
satt |
Operating Cash Flow
OperatingCashFlow
|
732000 | usd | |
satt |
Options Vest Description
OptionsVestDescription
|
The options vest on a quarterly basis over a period between two and three years and expire on January 4, 2032. | ||
us-gaap |
Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
|
281000 | usd | |
CY2022Q3 | satt |
Exercisable Options Per Share
ExercisableOptionsPerShare
|
3.96 | |
CY2022Q3 | us-gaap |
Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
|
1302000 | usd |
CY2022Q3 | us-gaap |
Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
|
1302000 | usd |
CY2021Q4 | us-gaap |
Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
|
222000 | usd |
CY2021Q4 | us-gaap |
Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
|
222000 | usd |
us-gaap |
Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
|
0.20 | pure | |
CY2022Q3 | us-gaap |
Fair Value Concentration Of Risk Investments
FairValueConcentrationOfRiskInvestments
|
157000 | usd |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
|
18 | ||
CY2022Q3 | satt |
Gross Proceeds
GrossProceeds
|
239000 | usd |
us-gaap |
Temporary Equity Elimination As Partof Reorganization
TemporaryEquityEliminationAsPartofReorganization
|
2000000 | usd | |
CY2022Q3 | us-gaap |
Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
|
5000000 | usd |
us-gaap |
Malpractice Loss Contingency Discount Rate
MalpracticeLossContingencyDiscountRate
|
0.80 | pure | |
CY2022Q3 | us-gaap |
Capital Leases Indemnification Agreements Description
CapitalLeasesIndemnificationAgreementsDescription
|
the Company and the February 2019 Lender, October 2019 Lender and the August 2020 Lender (all the same entity) entered in an agreement (“Payoff Agreement”) pursuant to which, should the Company raise at least $2,250 by December 31, 2022, the February 2019 Loan, the October 2019 Loan and the August 2020 Loan (together the “Convertible Loans”) would be forgiven in return for $750 in cash (“Payoff Amount”). The Payoff Agreement further provides that should the Company not repay the entire Payoff Amount by December 31, 2022 but is able to raise between $250 and $2,250 by December 31, 2022 then the Company will make certain payments (between 0%-30% of amounts raised) towards repayment of the original capital amount owing on the Convertible Loans. | |
us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
189000 | usd | |
us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
159000 | usd | |
us-gaap |
Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
|
37000 | usd | |
CY2021 | us-gaap |
Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
|
22000 | usd |
CY2022Q1 | satt |
Exercisable Options Per Share
ExercisableOptionsPerShare
|
1.29 | |
CY2022Q1 | satt |
Exercisable Options Per Share
ExercisableOptionsPerShare
|
4 | |
us-gaap |
Intermediate Life Plants Useful Life
IntermediateLifePlantsUsefulLife
|
P10Y | ||
us-gaap |
Share Based Goods And Nonemployee Services Transaction Valuation Method Expected Volatility Rate
ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodExpectedVolatilityRate
|
2.23 | pure | |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.1 | |
CY2021 | satt |
Shares Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
SharesBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
120000 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.01 | |
us-gaap |
Share Based Goods And Nonemployee Services Transaction Valuation Method Risk Free Interest Rate
ShareBasedGoodsAndNonemployeeServicesTransactionValuationMethodRiskFreeInterestRate
|
0.0171 | pure | |
srt |
Short Term Investments Other Average Yield
ShortTermInvestmentsOtherAverageYield
|
0 | pure | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
245000 | usd | |
satt |
Amount Of Cancelled Share Options
AmountOfCancelledShareOptions
|
211000 | usd | |
satt |
Schedule Of Warrant Activity
ScheduleOfWarrantActivity
|
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Number</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Average<br/> exercise<br/> price</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%">Warrants outstanding at January 1, 2021</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">213,083</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">0.81</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 0.125in">Granted</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">99,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">0.15</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in">Exercised</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-83">-</div></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-84">-</div></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 0.125in">Forfeited/Cancelled</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(66,000</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">0.15</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; padding-bottom: 1.5pt">Forfeited/Cancelled</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(47,333</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">1.94</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td>Warrants outstanding at December 31, 2021</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">198,750</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">0.54</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in">Expired</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(13,750</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2.00</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 0.125in">Exercised</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-85">-</div></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-86">-</div></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; padding-bottom: 1.5pt">Forfeited/Cancelled</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right"><div style="-sec-ix-hidden: hidden-fact-87">-</div></td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right"><div style="-sec-ix-hidden: hidden-fact-88">-</div></td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 1.5pt">Warrants outstanding at September 30, 2022</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">185,000</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">0.43</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"> </p> | ||
CY2020Q4 | satt |
Number Of Warrant Outstanding
NumberOfWarrantOutstanding
|
213083 | shares |
CY2020Q4 | satt |
Average Exercise Price Warrant Outstanding
AverageExercisePriceWarrantOutstanding
|
0.81 | |
CY2021 | satt |
Number Warrant Granted
NumberWarrantGranted
|
99000 | shares |
CY2021 | satt |
Average Exercise Price Warrants Granted
AverageExercisePriceWarrantsGranted
|
0.15 | |
CY2021 | satt |
Numbers Warrant Forfeited Cancelled
NumbersWarrantForfeitedCancelled
|
66000 | shares |
CY2021 | satt |
Average Exercise Prices Forfeited Cancelled
AverageExercisePricesForfeitedCancelled
|
0.15 | |
CY2021 | satt |
Number Warrant Forfeited Cancelled
NumberWarrantForfeitedCancelled
|
47333 | shares |
CY2021 | satt |
Average Exercise Price Forfeited Cancelled
AverageExercisePriceForfeitedCancelled
|
1.94 | |
CY2021Q4 | satt |
Number Of Warrant Outstanding
NumberOfWarrantOutstanding
|
198750 | shares |
CY2021Q4 | satt |
Average Exercise Price Warrant Outstanding
AverageExercisePriceWarrantOutstanding
|
0.54 | |
satt |
Number Warrant Expired
NumberWarrantExpired
|
-13750 | shares | |
satt |
Average Exercise Price Expired
AverageExercisePriceExpired
|
2 | ||
CY2022Q3 | satt |
Number Of Warrant Outstanding
NumberOfWarrantOutstanding
|
185000 | shares |
CY2022Q3 | satt |
Average Exercise Price Warrant Outstanding
AverageExercisePriceWarrantOutstanding
|
0.43 | |
CY2021 | satt |
Warrants Outstanding Shares
WarrantsOutstandingShares
|
198750 | shares |
CY2021 | satt |
Class Of Warrant Or Righst Warrant Or Right Exercisable
ClassOfWarrantOrRighstWarrantOrRightExercisable
|
198750 | shares |
satt |
Warrants Outstanding Shares
WarrantsOutstandingShares
|
185000 | shares | |
satt |
Class Of Warrant Or Righst Warrant Or Right Exercisable
ClassOfWarrantOrRighstWarrantOrRightExercisable
|
185000 | shares | |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
166000 | shares |
CY2022Q3 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
195000 | shares |
CY2021 | satt |
Number Options Exercised
NumberOptionsExercised
|
90000 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
1.1 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
1000 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
3 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
195000 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.63 | |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
195000 | shares |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.63 | |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
171250 | shares |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.7 | |
satt |
Class Of Warrant Or Righst Warrants Or Rights Exercisable
ClassOfWarrantOrRighstWarrantsOrRightsExercisable
|
166250 | shares | |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
49025 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
227500 | shares |
CY2021 | satt |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercised
|
-80525 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
196000 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
30000 | shares | |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
166000 | shares |
CY2022Q3 | satt |
Financial Expenses Related To Interest And Revaluation
FinancialExpensesRelatedToInterestAndRevaluation
|
-446000 | usd |
CY2021Q3 | satt |
Financial Expenses Related To Interest And Revaluation
FinancialExpensesRelatedToInterestAndRevaluation
|
-108000 | usd |
satt |
Financial Expenses Related To Interest And Revaluation
FinancialExpensesRelatedToInterestAndRevaluation
|
-100000 | usd | |
satt |
Financial Expenses Related To Interest And Revaluation
FinancialExpensesRelatedToInterestAndRevaluation
|
-1318000 | usd | |
satt |
Expenses Due To Change In Fair Value Of Warrant
ExpensesDueToChangeInFairValueOfWarrant
|
39000 | usd | |
CY2022Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
-9000 | usd |
CY2021Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
-10000 | usd |
us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
17000 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
-17000 | usd | |
CY2022Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
435000 | usd |
CY2021Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
98000 | usd |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
117000 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
1340000 | usd | |
us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2024-09-11 | ||
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
2000 | usd | |
CY2022Q3 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
23000 | usd |
us-gaap |
Sale Of Stock Description Of Transaction
SaleOfStockDescriptionOfTransaction
|
In the first 3 years of sales the Company shall pay 3% of the sales of the product which was developed under IIA research and development projects. In the fourth, fifth and sixth years of sales, the Company shall pay 4% of such sales and from the seventh year onwards the Company shall pay 5% of up to 100% of the amount of grants received plus interest at LIBOR. | ||
us-gaap |
Subsequent Event Description
SubsequentEventDescription
|
Assuming the maximum amount (NIS 5 million) is raised, the Company will own approximately 61% of Saffron Tech. | ||
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2021Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.08 | ||
CY2021Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
usd | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | ||
us-gaap |
Stock Issued1
StockIssued1
|
usd | ||
satt |
Purchase Of Fixed Assets By Issuance Of Share Capital
PurchaseOfFixedAssetsByIssuanceOfShareCapital
|
usd | ||
CY2021 | satt |
Number Of Warrant Exercised
NumberOfWarrantExercised
|
shares | |
CY2021 | satt |
Average Exercise Price Warrant Exercised
AverageExercisePriceWarrantExercised
|
||
satt |
Number Of Warrant Exercised
NumberOfWarrantExercised
|
shares | ||
satt |
Average Exercise Price Warrant Exercised
AverageExercisePriceWarrantExercised
|
|||
satt |
Number Warrant Forfeited Cancelled
NumberWarrantForfeitedCancelled
|
shares | ||
satt |
Average Exercise Price Forfeited Cancelled
AverageExercisePriceForfeitedCancelled
|
|||
satt |
Shares Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
SharesBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
shares | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
|||
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
shares | ||
satt |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercised
|
shares | ||
CY2022Q3 | satt |
Expenses Due To Change In Fair Value Of Warrant
ExpensesDueToChangeInFairValueOfWarrant
|
usd | |
CY2021Q3 | satt |
Expenses Due To Change In Fair Value Of Warrant
ExpensesDueToChangeInFairValueOfWarrant
|
usd | |
satt |
Expenses Due To Change In Fair Value Of Warrant
ExpensesDueToChangeInFairValueOfWarrant
|
usd | ||
CY2022Q3 | us-gaap |
Royalty Guarantees Commitments Amount
RoyaltyGuaranteesCommitmentsAmount
|
usd | |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001661600 |