2023 Q4 Form 10-Q Financial Statement
#000121390023084295 Filed on November 07, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q4 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $150.0K | $107.0K | $170.0K |
YoY Change | -11.76% | -43.39% | -65.16% |
% of Gross Profit | |||
Research & Development | -$48.00K | $161.0K | $179.0K |
YoY Change | -126.82% | -26.15% | -61.75% |
% of Gross Profit | |||
Depreciation & Amortization | $21.00K | $29.00K | $2.000K |
YoY Change | 950.0% | 222.22% | -60.0% |
% of Gross Profit | |||
Operating Expenses | $102.0K | $161.0K | $349.0K |
YoY Change | -70.77% | -26.15% | -63.49% |
Operating Profit | -$268.0K | ||
YoY Change | -34.15% | ||
Interest Expense | -$152.0K | $1.252M | -$363.0K |
YoY Change | -58.13% | -387.82% | 611.76% |
% of Operating Profit | |||
Other Income/Expense, Net | $1.252M | ||
YoY Change | -387.82% | ||
Pretax Income | -$254.0K | $984.0K | -$712.0K |
YoY Change | -64.33% | -216.86% | -29.29% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$224.0K | $1.082M | -$631.0K |
YoY Change | -64.5% | -228.5% | -23.98% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | $0.26 | ||
Diluted Earnings Per Share | -$0.05 | $0.22 | -$0.15 |
COMMON SHARES | |||
Basic Shares Outstanding | 4.216M shares | 4.216M shares | 4.194M shares |
Diluted Shares Outstanding | 4.820M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 | 2022 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $813.0K | $1.157M | $810.0K |
YoY Change | 0.37% | 505.76% | -6.47% |
Cash & Equivalents | $176.0K | $425.0K | $810.0K |
Short-Term Investments | $637.0K | $732.0K | |
Other Short-Term Assets | $313.0K | $34.00K | $85.00K |
YoY Change | 268.24% | -15.0% | 10.39% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | $313.0K | ||
Total Short-Term Assets | $1.137M | $1.191M | $901.0K |
YoY Change | 26.19% | 392.15% | -6.44% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $256.0K | $240.0K | $219.0K |
YoY Change | 16.89% | 14.83% | 3550.0% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $271.0K | $259.0K | $249.0K |
YoY Change | 8.84% | 6.58% | 378.85% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.137M | $1.191M | $901.0K |
Total Long-Term Assets | $271.0K | $259.0K | $249.0K |
Total Assets | $1.408M | $1.450M | $1.150M |
YoY Change | 22.43% | 198.97% | 13.3% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $46.00K | $10.00K | $55.00K |
YoY Change | -16.36% | -69.7% | 358.33% |
Accrued Expenses | $13.00K | $12.00K | $32.00K |
YoY Change | -59.38% | -20.0% | 60.0% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $2.074M | $2.032M | $2.145M |
YoY Change | -3.31% | -6.62% | -28.36% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $3.130M | $2.935M | $3.719M |
YoY Change | -15.84% | -19.3% | 10.75% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | $0.00 | ||
YoY Change | -100.0% | ||
Total Long-Term Liabilities | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.130M | $2.935M | $3.719M |
Total Long-Term Liabilities | $0.00 | $0.00 | |
Total Liabilities | $3.130M | $2.935M | $3.719M |
YoY Change | -15.84% | -19.74% | 9.8% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$22.93M | -$22.70M | -$22.60M |
YoY Change | 1.43% | 3.33% | 7.24% |
Common Stock | $20.64M | $20.64M | $4.000K |
YoY Change | 516000.0% | 515950.0% | 0.0% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$2.284M | -$2.062M | -$2.844M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.408M | $1.450M | $1.150M |
YoY Change | 22.43% | 198.97% | 13.3% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$224.0K | $1.082M | -$631.0K |
YoY Change | -64.5% | -228.5% | -23.98% |
Depreciation, Depletion And Amortization | $21.00K | $29.00K | $2.000K |
YoY Change | 950.0% | 222.22% | -60.0% |
Cash From Operating Activities | -$302.0K | -$213.0K | -$253.0K |
YoY Change | 19.37% | -10.88% | 427.08% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $31.00K | $22.00K | $7.000K |
YoY Change | 342.86% | 40.0% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $84.00K | -$726.0K | $5.000K |
YoY Change | 1580.0% | -600.0% | |
Cash From Investing Activities | $53.00K | -$748.0K | -$2.000K |
YoY Change | -2750.0% | -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 | 0.000 | -14.00K | 874.0K |
YoY Change | -100.0% | -104.86% | -14666.67% |
NET CHANGE | |||
Cash From Operating Activities | -302.0K | -213.0K | -253.0K |
Cash From Investing Activities | 53.00K | -748.0K | -2.000K |
Cash From Financing Activities | 0.000 | -14.00K | 874.0K |
Net Change In Cash | -249.0K | -975.0K | 619.0K |
YoY Change | -140.23% | -2089.8% | -1338.0% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$302.0K | -$213.0K | -$253.0K |
Capital Expenditures | $31.00K | $22.00K | $7.000K |
Free Cash Flow | -$333.0K | -$235.0K | -$260.0K |
YoY Change | 28.08% | -1.67% | 390.57% |
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2023-09-30 | ||
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CY2023Q1 | satt |
Stock Issued During Period Value Transactions With Noncontrolling Parties
StockIssuedDuringPeriodValueTransactionsWithNoncontrollingParties
|
1274000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-316000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-1537000 | usd |
CY2023Q2 | satt |
Share Based Compensation To Employees And Nonemployee
ShareBasedCompensationToEmployeesAndNonemployee
|
26000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
35000 | usd |
CY2023Q2 | us-gaap |
Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
|
14000 | usd |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-1000000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-2490000 | usd |
CY2023Q3 | satt |
Share Based Compensation To Employees And Nonemployee
ShareBasedCompensationToEmployeesAndNonemployee
|
19000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
2000 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
984000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-1485000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-333000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-1101000 | usd | |
us-gaap |
Depreciation
Depreciation
|
39000 | usd | |
us-gaap |
Depreciation
Depreciation
|
36000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
142000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
172000 | usd | |
satt |
Financial Expenses Related To Loans From Related Party
FinancialExpensesRelatedToLoansFromRelatedParty
|
122000 | usd | |
satt |
Financial Expenses Related To Loans From Related Party
FinancialExpensesRelatedToLoansFromRelatedParty
|
-980000 | usd | |
satt |
Change In Fair Value Of Convertible Component In Convertible Loan
ChangeInFairValueOfConvertibleComponentInConvertibleLoan
|
-565000 | usd | |
satt |
Change In Fair Value Of Convertible Component In Convertible Loan
ChangeInFairValueOfConvertibleComponentInConvertibleLoan
|
1081000 | usd | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-51000 | usd | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-37000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-45000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
21000 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-41000 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
1000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-630000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-733000 | usd | |
satt |
Increases In Restricted Cash
IncreasesInRestrictedCash
|
726000 | usd | |
satt |
Increases In Restricted Cash
IncreasesInRestrictedCash
|
-9000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
48000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
199000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-774000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-190000 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
239000 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
14000 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
16000 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
126000 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
75000 | usd | |
us-gaap |
Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
|
-114000 | usd | |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
1273000 | usd | |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
100000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1019000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
248000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-385000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-675000 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
810000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
866000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
425000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
191000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
75000 | usd | |
satt |
Purchase Of Fixed Assets By Issuance Of Share Capital
PurchaseOfFixedAssetsByIssuanceOfShareCapital
|
28000 | usd | |
CY2023Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-22704000 | usd |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-630000 | usd | |
CY2023Q3 | us-gaap |
Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
|
762000 | usd |
CY2023Q3 | us-gaap |
Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
|
762000 | usd |
CY2022Q4 | us-gaap |
Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
|
1327000 | usd |
CY2022Q4 | us-gaap |
Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
|
1327000 | usd |
CY2019Q1 | us-gaap |
Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
|
550000 | usd |
CY2019Q1 | us-gaap |
Derivative Fixed Interest Rate
DerivativeFixedInterestRate
|
0.10 | pure |
CY2022 | us-gaap |
Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
|
326000 | usd |
CY2021Q2 | us-gaap |
Debt Current
DebtCurrent
|
14000 | usd |
CY2022Q1 | us-gaap |
Debt Current
DebtCurrent
|
20000 | usd |
CY2020Q3 | us-gaap |
Employee Stock Ownership Plan Esop Debt Structure Direct Loan Employer Cash Payments Used For Debt Service
EmployeeStockOwnershipPlanESOPDebtStructureDirectLoanEmployerCashPaymentsUsedForDebtService
|
100000 | usd |
CY2020Q3 | us-gaap |
Debt Conversion Original Debt Interest Rate Of Debt
DebtConversionOriginalDebtInterestRateOfDebt
|
0.10 | pure |
us-gaap |
Adjustment Of Warrants Granted For Services
AdjustmentOfWarrantsGrantedForServices
|
18000 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
129000 | usd | |
us-gaap |
Debt Instrument Increase Decrease Other Net
DebtInstrumentIncreaseDecreaseOtherNet
|
82000 | usd | |
CY2022 | us-gaap |
Debt Instrument Increase Decrease Other Net
DebtInstrumentIncreaseDecreaseOtherNet
|
88000 | usd |
CY2022Q3 | us-gaap |
Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
|
36000 | usd |
us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
277000 | usd | |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
29000 | usd | |
us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
306000 | usd | |
CY2023Q3 | us-gaap |
Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
|
127000 | usd |
us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
182000 | usd | |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
8000 | usd | |
us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
190000 | usd | |
CY2022Q3 | us-gaap |
Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
|
153000 | usd |
satt |
Schedule Of Warrant Activity
ScheduleOfWarrantActivity
|
A summary of warrant activity during the nine months period ended September 30, 2023, and year ended December 31, 2022 is as follows:<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%; text-indent: -9pt; padding-left: 9pt">Warrants outstanding at January 1, 2022</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">198,750</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">5.40</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -9pt; padding-left: 0.25in">Granted</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><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-87">-</div></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -9pt; padding-left: 0.25in">Exercised</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-88">-</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-89">-</div></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -9pt; padding-left: 0.25in">Forfeited/Cancelled</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; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 0.25in">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">(66,000</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">1.50</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -9pt; padding-left: 9pt">Warrants outstanding at December 31, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">119,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5.88</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -9pt; padding-left: 0.25in">Expired</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-90">-</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-91">-</div></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -9pt; padding-left: 0.25in">Exercised</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-92">-</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-93">-</div></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 0.25in">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-94">-</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-95">-</div></td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt">Warrants outstanding at September 30, 2023</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">119,000</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">5.88</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; text-align: justify"> </p> | ||
CY2021Q4 | satt |
Number Of Warrant Outstanding
NumberOfWarrantOutstanding
|
198750 | shares |
CY2021Q4 | satt |
Average Exercise Price Warrant Outstanding
AverageExercisePriceWarrantOutstanding
|
5.4 | |
CY2022 | satt |
Number Warrant Forfeited Cancelled
NumberWarrantForfeitedCancelled
|
-13750 | shares |
CY2022 | satt |
Average Exercise Price Forfeited Cancelled
AverageExercisePriceForfeitedCancelled
|
2 | |
CY2022 | satt |
Number Warrants Forfeited Cancelled
NumberWarrantsForfeitedCancelled
|
-66000 | shares |
CY2022 | satt |
Average Exercise Prices Forfeited Cancelled
AverageExercisePricesForfeitedCancelled
|
1.5 | |
CY2022Q4 | satt |
Number Of Warrant Outstanding
NumberOfWarrantOutstanding
|
119000 | shares |
CY2022Q4 | satt |
Average Exercise Price Warrant Outstanding
AverageExercisePriceWarrantOutstanding
|
5.88 | |
CY2023Q3 | satt |
Number Of Warrant Outstanding
NumberOfWarrantOutstanding
|
119000 | shares |
CY2023Q3 | satt |
Average Exercise Price Warrant Outstanding
AverageExercisePriceWarrantOutstanding
|
5.88 | |
CY2022Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
119000 | shares |
CY2022 | satt |
Class Of Warrant Or Righst Warrants Or Rights Exercisable
ClassOfWarrantOrRighstWarrantsOrRightsExercisable
|
119000 | shares |
CY2023Q3 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
119000 | shares |
satt |
Class Of Warrant Or Righst Warrants Or Rights Exercisable
ClassOfWarrantOrRighstWarrantsOrRightsExercisable
|
119000 | shares | |
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 Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
0.63 | |
CY2022 | satt |
Shares Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
SharesBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
45000 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
240000 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
0.7 | |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
240000 | shares |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
0.7 | |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
232500 | shares |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.71 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
240000 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
232500 | shares | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
196000 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
370000 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
30000 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
536000 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
5000 | shares | |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
531000 | shares |
CY2023Q3 | satt |
Financial Expenses Related To Interest And Revaluation
FinancialExpensesRelatedToInterestAndRevaluation
|
-1269000 | usd |
CY2022Q3 | satt |
Financial Expenses Related To Interest And Revaluation
FinancialExpensesRelatedToInterestAndRevaluation
|
108000 | usd |
satt |
Financial Expenses Related To Interest And Revaluation
FinancialExpensesRelatedToInterestAndRevaluation
|
-437000 | usd | |
satt |
Financial Expenses Related To Interest And Revaluation
FinancialExpensesRelatedToInterestAndRevaluation
|
100000 | usd | |
CY2023Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
-17000 | usd |
CY2022Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
10000 | usd |
us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
-57000 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
-17000 | usd | |
CY2023Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
1252000 | usd |
CY2022Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-98000 | usd |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
380000 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
117000 | usd | |
CY2023Q3 | us-gaap |
Investment Maturity Date
InvestmentMaturityDate
|
2024-09-11 | |
us-gaap |
Facility Costs
FacilityCosts
|
2000 | usd | |
CY2023Q3 | 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 |
Proceeds From Fees Received
ProceedsFromFeesReceived
|
535000 | usd | |
CY2023Q3 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
usd | |
CY2023Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
usd | ||
us-gaap |
Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
|
usd | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | ||
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
usd | ||
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
usd | ||
satt |
Purchase Of Fixed Assets By Issuance Of Share Capital
PurchaseOfFixedAssetsByIssuanceOfShareCapital
|
usd | ||
us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
usd | ||
us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
usd | ||
CY2022 | satt |
Number Warrant Granted
NumberWarrantGranted
|
shares | |
CY2022 | satt |
Average Exercise Price Warrants Granted
AverageExercisePriceWarrantsGranted
|
||
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
shares | |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
shares | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
|||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
shares | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
|||
satt |
Number Warrant Forfeited Cancelled
NumberWarrantForfeitedCancelled
|
shares | ||
satt |
Average Exercise Price Forfeited Cancelled
AverageExercisePriceForfeitedCancelled
|
|||
CY2022 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
shares | |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
||
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
|
|||
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
|||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
shares | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
|||
CY2022 | satt |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercised
|
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 | ||
CY2023Q3 | satt |
Expenses Due To Change In Fair Value Of Warrant
ExpensesDueToChangeInFairValueOfWarrant
|
usd | |
CY2022Q3 | satt |
Expenses Due To Change In Fair Value Of Warrant
ExpensesDueToChangeInFairValueOfWarrant
|
usd | |
satt |
Expenses Due To Change In Fair Value Of Warrant
ExpensesDueToChangeInFairValueOfWarrant
|
usd | ||
satt |
Expenses Due To Change In Fair Value Of Warrant
ExpensesDueToChangeInFairValueOfWarrant
|
usd | ||
CY2023Q3 | us-gaap |
Future Minimum Sublease Rentals Sale Leaseback Transactions
FutureMinimumSubleaseRentalsSaleLeasebackTransactions
|
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 |