Cuentas (CUEN) 10-K 1 Apr 22 2021 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2021	Mar. 31, 2022	Jun. 30, 2021
Document Information Line Items
Entity Registrant Name	CUENTAS, INC.
Trading Symbol	CUEN
Document Type	10-K
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		14,965,690
Entity Public Float			$ 36,258,669
Amendment Flag	false
Entity Central Index Key	0001424657
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Dec. 31, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
ICFR Auditor Attestation Flag	false
Document Annual Report	true
Document Transition Report	false
Entity File Number	333-148987
Entity Incorporation, State or Country Code	FL
Entity Tax Identification Number	20-3537265
Entity Address, Address Line One	235 Lincoln Rd
Entity Address, Address Line Two	Suite 210
Entity Address, City or Town	Miami Beach
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	33139
City Area Code	800
Local Phone Number	611-3622
Title of 12(b) Security	Common Stock, par value $0.001 per share
Security Exchange Name	NASDAQ
Entity Interactive Data Current	Yes
Auditor Name	Halperin Ilanit CPA
Auditor Firm ID	6501
Auditor Location	Tel Aviv, Israel

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
ASSETS
Cash and cash equivalents	$ 6,607	$ 227
Accounts Receivables	11
Marketable securities		3
Related parties		54
Other current assets	162	12
Total current assets	6,780	296
Property and Equipment, net	2	4
Investment in Unconsolidated Entities(Note 3)	38
Intangible Assets (Note 4)	5,438	7,200
Total assets	12,258	7,500
LIABILITIES AND STOCKHOLDERS’ EQUITY
Trade payable	810	2,354
Other accounts liabilities (Note 5)	1,126	2,195
Deferred revenue	683	652
Notes and Loan payable	97	93
Convertible notes payable (Note 6)		719
Related parties’ payables (Note 7)		365
Stock based liabilities	3	102
Total current liabilities	2,719	6,480
Other long term	89	89
TOTAL LIABILITIES	2,808	6,569
Common stock, authorized 360,000,000 shares, $0.001 par value; 14,965,690 and 10,590,491 issued and outstanding as of December 31, 2021 and December 31, 2020, respectively	15	11
Additional paid in capital	47,654	28,411
Accumulated deficit	(38,219)	(27,491)
Total stockholders’ equity	9,450	931
Total liabilities and stockholders’ equity	$ 12,258	$ 7,500

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Dec. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Common stock, shares authorized	360,000,000	360,000,000
Common stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock, shares issued	14,965,690	10,590,491
Common stock, shares outstanding	14,965,690	10,590,491

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
REVENUE	$ 593	$ 558
COST OF REVENUE	469	697
GROSS PROFIT (LOSS)	124	(139)
OPERATING EXPENSES
Selling, general and administrative	8,980	5,840
Amortization of Intangible Assets	1,809	1,800
TOTAL OPERATING EXPENSES	10,789	7,640
OPERATING LOSS	(10,665)	(7,779)
OTHER INCOME (LOSS), NET
Other income, net	1	98
Interest expense	(172)	(108)
Gain on derivative liability		3
Gain from Change in fair value of stock-based liabilities	110	303
TOTAL OTHER INCOME (LOSS), NET	(61)	296
NET LOSS BEFORE CONTROLLING INTEREST AND EQUITY LOSSES	(10,726)	(7,483)
Equity losses in non-consolidated entity	(2)
Net losses attributable to non-controlling interest		(618)
NET LOSS ATTRIBUTABLE TO CUENTAS INC.	$ (10,728)	$ (8,101)
Basic and Diluted net loss per share (in Dollars per share)	$ (0.77)	$ (1.16)
Weighted average number of basic and diluted shares of common stock outstanding (in Shares)	13,917,032	6,968,554

Statements of Changes in Shareh

Statements of Changes in Shareholders’ Equity (Unaudited) - USD ($) $ in Thousands		Common Stock		Additional Paid-in Capital	Accumulated Deficit	Series B Preferred Stock	Total Stockholders’ Deficit	Non-Controlling Interest Additional Paid-in Capital	Non-Controlling Interest Accumulated Deficit	Total Non-Controlling Interest	Total
Balance at Dec. 31, 2019		$ 2		$ 25,249	$ (19,390)	$ 10	$ 5,871	$ 43	$ (661)	$ (618)	$ 5,253
Balance (in Shares) at Dec. 31, 2019		1,855,656				10,000,000
Shares of Common Stock were issued in consideration of Commitment fee			[1]	90			90				90
Shares of Common Stock were issued in consideration of Commitment fee (in Shares)		56,725
Conversion of Series B Preferred Stock into Common Stock		$ 8		2		$ (10)
Conversion of Series B Preferred Stock into Common Stock (in Shares)		8,000,000				(10,000,000)
Shares issued for services			[1]	420			420				420
Shares issued for services (in Shares)		36,000
Shares issued for conversion of convertible note		$ 1		1,004			1,005				1,005
Shares issued for conversion of convertible note (in Shares)		503,115
Warrants and Stock options compensation			[1]	1,646			1,646				1,646
Warrants and Stock options compensation (in Shares)		138,995
Net income for the year ending					(8,101)		(8,101)	(43)	661	618	(7,483)
Balance at Dec. 31, 2020		$ 11		28,411	(27,491)		$ 931				931
Balance (in Shares) at Dec. 31, 2020		10,590,491
Issuance of Shares of Common Stock, net of issuance expenses	[2]	$ 3		10,611							10,614
Issuance of Shares of Common Stock, net of issuance expenses (in Shares)	[2]	2,790,697
Issuance of Warrants				4							4
Shares issued for services and for employees			[1]	611							611
Shares issued for services and for employees (in Shares)		143,334
Stock based compensation				2,172							2,172
Shares issued due to exercise of Warrants, net of issuance expenses	[3]	$ 1		5,764							5,765
Shares issued due to exercise of Warrants, net of issuance expenses (in Shares)	[3]	1,454,443
Shares issued due to conversion of Convertible Note			[1]	81							81
Shares issued due to conversion of Convertible Note (in Shares)		30,233
Return of Commitment Shares			[1]
Return of Commitment Shares (in Shares)		(43,525)
Roundup Differences due to Reverse Split			[1]
Roundup Differences due to Reverse Split (in Shares)		17
Net income for the year ending					(10,728)						(10,728)
Balance at Dec. 31, 2021		$ 15		$ 47,654	$ (38,219)						$ 9,450
Balance (in Shares) at Dec. 31, 2021		14,965,690
[1]	Less than $1.
[2]	Issuance expenses totaled to $1,386
[3]	Issuance expenses totaled to $499

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Statement of Cash Flows [Abstract]
Net loss	$ (10,728)	$ (7,483)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Stock based compensation and Shares issued for services	2,745	1,444
Equity losses in non-consolidated entity	2
Available for sale securities	3	(2)
Interest expense and Debt discount amortization	90	58
Gain on derivative liability		(3)
Gain (loss) on fair value measurement of stock-based liabilities	(61)	(220)
Depreciation expense	2	1
Amortization of intangible assets	1,809	1,800
Changes in Operating Assets and Liabilities:
Accounts receivable	(11)
Other current assets	(150)	82
Accounts payable	(1,544)	843
Related party, net	44
Other accounts liabilities	(1,544)	1,647
Deferred revenue	31	115
Other liabilities		(20)
Net Cash Used by Operating Activities	(9,330)	(1,738)
Cash Flows from Operating Activities:
Investment in non-consolidated entity	(40)
Purchase of Intangible Asset	(47)
Net Cash used for Investing Activities	(87)
Cash Flows from Financing Activities:
Proceeds from (Repayments of) convertible notes		250
Proceeds from (Repayments of) short term loans	(730)	505
Proceeds from (Repayment of) Loans from Related parties	(355)	355
Proceeds from loans from a Government Agency		89
Proceeds from issuance of warrants	4
Proceeds from issuance of common stock due to exercise of warrants	6,264
Proceeds from issuance of shares, net of issuance cost	10,614	750
Net Cash Provided by Financing Activities	15,797	1,949
Net Increase (Decrease) in Cash	6,380	211
Cash at Beginning of Period	227	16
Cash at End of Period	6,607	227
Supplemental disclosure of cash flow information
Cash paid for interest
Cash paid for income taxes
Supplemental disclosure of non-cash financing activities
Common stock issued for conversion of convertible note principal		2,500
Common Stock issued for conversion of convertible note	81
Common stock issued for settlement of stock-based liabilities and accrued salaries		442
Shares of Common Stock were issued in consideration of Commitment fee		$ 90
Issuance fee in connection with of common stock due to exercise of warrants	$ 499

Organization and Description of

Organization and Description of Business	12 Months Ended
	Dec. 31, 2021
Description of Organization, Business Operations and Basis of Presentation [Abstract]
ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS Cuentas, Inc. (the “Company”) together with its subsidiaries, is focused on financial technology (“FINTECH”) services, delivering mobile banking, online banking, prepaid debit and digital content services to unbanked, underbanked and underserved communities. The Company derives its revenue from the sales of prepaid and wholesale calling minutes. Additionally, The Company has an agreement with Interactive Communications International, Inc. (“InComm”) a leading processor of general purpose reloadable (“GPR”) debit cards, to market and distribute a line of GPR cards targeted towards the Latin American market. The Company was incorporated under the laws of the State of Florida on September 21, 2005 to act as a holding company for its subsidiaries. Its subsidiaries are Meimoun and Mammon, LLC (100% owned) (“M&M”), Next Cala, Inc. (94% owned -was dissolved on July 3, 2020) (“Cala”), NxtGn, Inc. (65% owned-was dissolved on August 24, 2020) (“NxtGn”) and Cuentas Mobile LLC (formerly Next Mobile 360, LLC. - 100% owned). Tel3, a business segment of Meimoun and Mammon, LLC provides prepaid calling cards to consumers directly and operates in a complimentary space as Meimoun and Mammon, LLC. REVERSE SPLIT On February 2, 2021, the Company completed a reverse stock split of its common stock. As a result of the reverse stock split, the following changes have occurred (i) every two and a half shares of common stock have been combined into one share of common stock; (ii) the number of shares of common stock underlying each common stock option or common stock warrant have been proportionately decreased on a 2.5-for-1 basis, and the exercise price of each such outstanding stock option and common warrant has been proportionately increased on a 2.5-for-1 basis. Accordingly, all option numbers, share numbers, warrant numbers, share prices, warrant prices, exercise prices and losses per share have been adjusted within these consolidated financial statements, on a retroactive basis, to reflect this 2.5-for-1 reverse stock split. SECURITIES OFFERING On February 2, 2021 the Company’s common stock and warrants began trading on The Nasdaq Capital Market under the symbols “CUEN” and “CUENW,” respectively. On February 4, 2021 the Company sold an aggregate of 2,790,697 units at a price to the public of $4.30 per unit (the “Offering”), each unit consisting of one share of the Company’s common stock, par value $0.001 per share (the “Common Stock”), and a warrant exercisable for five years to purchase one share of Common Stock at an exercise price of $4.30 per share (the “Warrants”), pursuant to that certain Underwriting Agreement, dated as of February 1, 2021 (the “Underwriting Agreement”), between the Company and Maxim Group LLC (the “Representative” or “Maxim”), as representative of the sole underwriter. In addition, pursuant to the Underwriting Agreement, the Company granted Maxim a 45-day option to purchase up to 418,604 additional shares of Common Stock, and/or 418,604 additional Warrants, to cover over-allotments in connection with the Offering. The Common Stock and the Warrants were offered and sold to the public pursuant to the Company’s registration statements on Form S-1 (File Nos. 333-249690 and 333-252642), filed by the Company with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Securities Act”), on October 28, 2020, as amended, and which became effective on February 1, 2021. The Company received gross proceeds of approximately $12.0 million, before deducting underwriting discounts and commissions of 8% of the gross proceeds and estimated Offering expenses, and intend to use the net proceeds from the Offering for sales and marketing; purchase of chip-based debit card stock for GPR and Starter cards; repayment of outstanding loans; research and development; and working capital and operating expenses purposes. The Underwriting Agreement contains customary representations, warranties, and covenants by the Company. It also provides for customary indemnification by each of the Company and the Underwriter for losses or damages arising out of or in connection with the offering, including for liabilities under the Securities Act, other obligations of the parties and termination provisions. In addition, pursuant to the terms of the Underwriting Agreement, certain existing stockholders and each of the Company’s directors and executive officers entered into “lock-up” agreements with the Underwriter that generally prohibit the sale, transfer, or other disposition of securities of the Company for a period of 180 days following February 1, 2021. The Company has also agreed that it will not issue or announce the issuance or proposed issuance of any common stock or common stock equivalents for a period of 180 days following the closing date, other than certain exempt issuances. Pursuant to the Underwriting Agreement, the Company also agreed to issue to Maxim warrants (the “Underwriter’s Warrants”) to purchase up to a total of 223,256 shares of Common Stock (8% of the shares of Common Stock sold in the Offering). The Underwriter’s Warrants are exercisable at $5.375 per share of Common Stock and have a term of five years. The Underwriter’s Warrants are subject to a lock-up for 180 days from the commencement of sales in the Offering, including a mandatory lock-up period in accordance with FINRA Rule 5110(e), and will be non-exercisable for six months after February 1, 2021. In addition, pursuant to the Underwriting Agreement, the Company granted Maxim a right of first refusal, for a period of twelve months from the commencement of sales in the Offering, to act as sole managing underwriter and bookrunner any and all future public or private equity, equity-linked or debt (excluding commercial bank debt) offerings. The total expenses of the offering are estimated to be approximately $1.4 million, which included Maxim’s expenses relating to the offering. On June 30, 2021, 298,500 Warrants issued in the Offering were exercised for 298,500 shares of the Company’s common stock in consideration of $1,204. On July 1, 2021, 57,500 Warrants issued in the Offering were exercised for 57,500 shares of the Company’s common stock in consideration of $247. On July 2, 2021, 1,095,500 Warrants issued in the Offering were exercised for 1,095,500 shares of the Company’s common stock in consideration of $4,711. COVID-19 In December 2019, a novel strain of coronavirus was reported to have surfaced in Wuhan, China, which has and is continuing to spread throughout China and other parts of the world, including the United States. On January 30, 2020, the World Health Organization declared the outbreak of the coronavirus disease (COVID-19) a “Public Health Emergency of International Concern.” On January 31, 2020, U.S. Health and Human Services Secretary Alex M. Azar II declared a public health emergency for the United States to aid the U.S. healthcare community in responding to COVID-19, and on March 11, 2020 the World Health Organization characterized the outbreak as a “pandemic”. A significant outbreak of COVID-19 and other infectious diseases could result in a widespread health crisis that could adversely affect the economies and financial markets worldwide, as well as our business and operations. COVID- 19 effectively reduced thew Company’s capability to acquire accounts holders as a significant portion of our target demographic lost their ability to earn wages and subsequently could not load funds to the Company’s product. If the disruptions posed by COVID-19 or other matters of global concern continue for an extensive period of time, our business and results of operations may be materially adversely affected JOINT- VENTURE AGREEMENT WITH BENLISHA GROUP, INC. (“Benelisha”) On August 4, 2021, the Company and Benelisha entered into a Definitive Marketing and Promotion Agreement (the “Belisha Agreement”). Pursuant to the Belisha Agreement, the Company and Benelisha will market and promote Cuentas GPR cards and the mobile phone application (“DC/MA”) products to Benelisha customers. During the Term, Benelisha’s goal is to register Benelisha customers to become activated users of Cuentas DC/MA products by the following milestone goals.

Summary of Significant Accounti

Summary of Significant Accounting Policies and Basis of Presentation	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION The consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“US GAAP”). Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States (“‘US GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. As applicable to the consolidated financial statements, the most significant estimates and assumptions relate to allowances for impairment of intangible assets and fair value of stock-based compensation and fair value calculations related to embedded derivative features of outstanding convertible notes payable. Principles of consolidation The consolidated financial statements include the accounts of the Company and its subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. Functional currency The functional currency of the company and its subsidiaries is U.S dollar. Reclassification of Prior Year Presentation Certain prior year amounts have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the reported results of operations. Cash and cash equivalents The Company considers all short-term investments, which are highly liquid investments with original maturities of three months or less at the date of purchase, to be cash equivalents. The Company held no cash equivalents as of December 31, 2021 or 2020. Marketable securities The Company accounts for investments in marketable securities in accordance with ASC Topic 320-10, “Investments - Debt and Equity Securities” Allowance for doubtful accounts The allowance for doubtful accounts is determined with respect to amounts the Company has determined to be doubtful of collection. In determining the allowance for doubtful accounts, the Company considers, among other things, its past experience with customers, the length of time that the balance is post due, the customer’s current ability to pay and available information about the credit risk on such customers. There was an allowance for doubtful accounts of $20 as of December 31, 2021 and 2020. Property and Equipment Property and equipment are stated at cost less accumulated depreciation and amortization. The Company provides for depreciation and amortization using the straight-line method over the estimated useful lives of the related assets, which range from three to five years. Variable Interest Entities The Company account for variable interest entities in accordance with ASC Topic 810, Consolidation Impairment of Long-Lived Assets In accordance with ASC Topic 360, formerly SFAS No. 144, “ Accounting for the Impairment or Disposal of Long-Lived Assets Derivative Liabilities and Fair Value of Financial Instruments Fair value accounting requires bifurcation of embedded derivative instruments such as conversion features in convertible debt or equity instruments and measurement of their fair value for accounting purposes. In assessing the convertible debt instruments, management determines if the convertible debt host instrument is conventional convertible debt and further if there is a beneficial conversion feature requiring measurement. If the instrument is not considered conventional convertible debt under ASC Topic 470, the Company will continue its evaluation process of these instruments as derivative financial instruments under ASC Topic 815. Once determined, derivative liabilities are adjusted to reflect fair value at each reporting period end, with any increase or decrease in the fair value being recorded in results of operations as an adjustment to fair value of derivatives. Fair value of certain of the Company’s financial instruments including cash, accounts receivable, account payable, accrued expenses, notes payables, and other accrued liabilities approximate cost because of their short maturities. The Company measures and reports fair value in accordance with ASC Topic 820, “Fair Value Measurements and Disclosure” Fair value, as defined in ASC Topic 820, is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value of an asset should reflect its highest and best use by market participants, principal (or most advantageous) markets, and an in-use or an in-exchange valuation premise. The fair value of a liability should reflect the risk of nonperformance, which includes, among other things, the Company’s credit risk. Valuation techniques are generally classified into three categories: the market approach; the income approach; and the cost approach. The selection and application of one or more of the techniques may require significant judgment and are primarily dependent upon the characteristics of the asset or liability, and the quality and availability of inputs. Valuation techniques used to measure fair value under ASC Topic 820 must maximize the use of observable inputs and minimize the use of unobservable inputs. ASC Topic 820 also provides fair value hierarchy for inputs and resulting measurement as follows: Level 1: Quoted prices (unadjusted) in active markets that are accessible at the measurement date for identical assets or liabilities. Level 2: Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities; and Level 3: Unobservable inputs for the asset or liability that are supported by little or no market activity, and that are significant to the fair values. Fair value measurements are required to be disclosed by the Level within the fair value hierarchy in which the fair value measurements in their entirety fall. Fair value measurements using significant unobservable inputs (in Level 3 measurements) are subject to expanded disclosure requirements including a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (i) total gains or losses for the period (realized and unrealized), (ii) segregating those gains or losses included in earnings and (iii) a description of where those gains or losses included in earning are reported in the statement of income. The Company records a debt discount related to the issuance of convertible debts that have conversion features at adjustable rates. The debt discount for the convertible instruments is recognized and measured by allocating a portion of the proceeds as an increase in additional paid-in capital and as a reduction to the carrying amount of the convertible instrument equal to the fair value of the conversion features. The debt discount will be accreted by recording additional non-cash gains and losses related to the change in fair values of derivative liabilities over the life of the convertible notes. The Company’s financial assets and liabilities that are measured at fair value on a recurring basis by level within the fair value hierarchy are as follows: Balance as of December 31, 2021 Level 1 Level 2 Level 3 Total Assets: Marketable securities - - - - Total assets -- - - - Liabilities: Stock based liabilities 3 - - 3 Total liabilities 3 - - 3 Balance as of December 31, 2020 Level 1 Level 2 Level 3 Total Assets: Marketable securities 3 - - 3 Total assets 3 - - 3 Liabilities: Stock based liabilities 102 - - 102 Total liabilities 102 - - 102 Deferred Revenue The Company records deferred revenue for any upfront payments received in advance of the Company’s performance obligations being satisfied. These contract liabilities consist principally of unearned new minutes fees. Changes in the deferred revenue balance are driven primarily by the amount of new minutes fees recognized during the period, and the degree to which these reductions to the deferred revenue balance are offset by the deferral of new minutes fees associated with minutes sold during the period. Non-Controlling Interest The Company reports the non-controlling interest in its majority owned subsidiaries in the consolidated balance sheets within the stockholders’ deficit section, separately from the Company’s stockholders’ deficit. Non-controlling interest represents the non-controlling interest holders’ proportionate share of the equity of the Company’s majority-owned subsidiaries. Non-controlling interest is adjusted for the non-controlling interest holders’ proportionate share of the earnings or losses and other comprehensive income (loss) and the non-controlling interest continues to be attributed its share of losses even if that attribution results in a deficit non-controlling interest balance. Revenue Recognition The Company follows paragraph 605-10-S99 of the FASB Accounting Standards Codification for revenue recognition. The Company will recognize revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable and (iv) collectability is reasonably assured. The Company primarily generates revenues through the brokering of sales of minutes from one telecommunications carrier to another and to a lesser extent the sales of prepaid calling minutes to consumers through its Tel3 division. While the Company collects payment for such minutes in advance, revenue is recognized upon delivery to and consumption of minutes by the consumer. Minutes are forfeited buy the consumer after twelve consecutive months of non-use at which point the Company recognizes revenue from the forfeiture of prepaid minutes. Business Segments The Company operates in a two business segment in telecommunications and General Purpose Reloadable Cards. Income Taxes Income taxes are accounted for under the assets and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. Use of net operating loss carry forwards for income tax purposes may be limited by Internal Revenue Code Section 382 if a change of ownership occurs. Net Loss Per Basic and Diluted Common Share Basic loss per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted average number of shares adjusted for any potentially dilutive debt or equity. At December 31, 2021, potentially dilutive securities consisted of 1,941,906 shares which of 135,200 options to purchase of common stock at prices ranging from $5.22 to $14.35 per share and 1,805,896 warrants to purchase of common stock at prices ranging from $4.30 to $20.00 per share. The effects of these options and warrants been excluded as the conversion would be anti-dilutive due to the net loss incurred in the year ended December 31, 2021. At December 31, 2020, potentially dilutive securities consisted of 226,356 shares which of 135,200 options to purchase of common stock at prices ranging from $5.22 to $14.35 per share and 54,762 warrants to purchase of common stock at prices ranging from $8.12 to $20.00 per share. Additionally, the Company had a Convertible note totaling $250,000 representing an additional 36,394 common shares. The effects of these options, warrants and note been excluded as the conversion would be anti-dilutive due to the net loss incurred in the year ended December 31, 2020. Advertising Costs The Company’s policy regarding advertising is to expense advertising when incurred. The Company incurred $37 and $88 of advertising costs during the years ended December 31, 2021 and 2020, respectively. Stock-Based Compensation The Company applies ASC Topic 718-10, “Share-Based Payment,” which requires the measurement and recognition of compensation expenses for all share-based payment awards made to employees and directors (including employee stock options under the Company’s stock plans) based on estimated fair values. ASC Topic 718-10 requires companies to estimate the fair value of equity-based payment awards on the date of grant. The value of the portion of the award that is ultimately expected to vest is recognized as an expense over the requisite service periods in the Company’s statement of operations. The Company recognizes compensation expenses for the value of non-employee awards based on the straight-line method over the requisite service period of each award, net of estimated forfeitures. The Company estimates the fair value of stock options granted as equity awards using a Black-Scholes options pricing model. The option-pricing model requires a number of assumptions, of which the most significant are share price, expected volatility and the expected option term (the time from the grant date until the options are exercised or expire). Expected volatility is estimated based on volatility of similar companies in the technology sector. The Company has historically not paid dividends and has no foreseeable plans to issue dividends. The risk-free interest rate is based on the yield from governmental zero-coupon bonds with an equivalent term. The expected option term is calculated for options granted to employees and directors using the “simplified” method. Grants to non-employees are based on the contractual term. Changes in the determination of each of the inputs can affect the fair value of the options granted and the results of operations of the Company. Related Parties The registrant follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions. Pursuant to Section 850-10-20 of the FASB Accounting Standards Codification, the Related parties include (a) affiliates of the registrant; (b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825–10–15, to be accounted for by the equity method by the investing entity; (c) trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; (d) principal owners of the registrant; (e) management of the registrant; (f) other parties with which the registrant may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and (g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. The financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of consolidated or combined financial statements is not required in those statements. The disclosures shall include: (a) the nature of the relationship(s) involved; (b) description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; (c) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and (d) amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement. Recently Issued Accounting Standards On August 2020, the FASB issued ASU No. 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40) (“ASU 2020-06”), which simplifies an issuer’s accounting for convertible instruments and its application of the derivatives scope exception for contracts in its own equity. ASU 2020-06 is effective for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. The Company is currently evaluating the provisions of ASU 2020-06, but do not expect any material impact on our consolidated financial statements. Recently Issued Accounting Pronouncements Not Yet Adopted In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. The amendments in this ASU simplify the accounting for income taxes, eliminates certain exceptions to the general principles in Topic 740 and clarifies certain aspects of the current guidance to improve consistent application among reporting entities. ASU 2019-12 is effective for fiscal years beginning after December 15, 2021 and interim periods within annual periods beginning after December 15, 2022, though early adoption is permitted, including adoption in any interim period for which financial statements have not yet been issued. This standard is not expected to have a material impact to the Company’s consolidated financial statements after evaluation. In August 2020, the FASB issued ASU No. 2020-06, Debt - Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging Contracts in Entity s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity s Own Equity. ASU 2020-06 will simplify the accounting for convertible instruments by reducing the number of accounting models for convertible debt instruments and convertible preferred stock. Limiting the accounting models results in fewer embedded conversion features being separately recognized from the host contract as compared with current GAAP. Convertible instruments that continue to be subject to separation models are (1) those with embedded conversion features that are not clearly and closely related to the host contract, that meet the definition of a derivative, and that do not qualify for a scope exception from derivative accounting and (2) convertible debt instruments issued with substantial premiums for which the premiums are recorded as paid-in capital. ASU 2020-06 also amends the guidance for the derivatives scope exception for contracts in an entity’s own equity to reduce form-over-substance-based accounting conclusions. ASU 2020-06 will be effective for public companies for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020, including interim periods within those fiscal years. The Company is currently evaluating the impact that the adoption of ASU 2020-06 will have on the Company’s consolidated financial statement presentation or disclosures. Other new pronouncements issued but not effective as of December 31, 2021 are not expected to have a material impact on the Company’s consolidated financial statements. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on our financial statements upon adoption. Depreciation expenses were $1 in the years ended December 31, 2021 and December 31, 2020.

Investmentin Unconsolidated Ent

Investmentin Unconsolidated Entities	12 Months Ended
	Dec. 31, 2021
Investmentin Unconsolidated Entities [Abstract]
INVESTMENTSIN UNCONSOLIDATED ENTITIES	NOTE 3 –INVESTMENTSIN UNCONSOLIDATED ENTITIES On July 21, 2021, The Company and WaveMAX entered into a Definitive Joint-Venture Agreement (the “Agreement”). Pursuant to the Agreement, Cuentas and WaveMax are to form a joint venture (“CUENTASMAX”) which would install WiFi6 shared network (“WSN”) systems in 1,000 retail locations in the New York metropolitan tristate area using access points and small cells to provide users with access to the WSN (the “JV Project”). The WSN will allow CUENTASMAX to generate location-based advertising configured by advertisers using WaveMAX’s advertising dashboard technology directly to users over the WSN, or permit users to pay a service fee for ad-free access to the WSN. The ownership and management of CUENTASMAX shall be as follows: 50% to Cuentas, 25% to WaveMAX and 25% to Consultoria y Asesoria de Redes, S.A. de C.V. (“Execon”). Execon currently manages approximately 20,000 WiFi endpoints with WaveMax in Mexico. Each of the Company and WaveMAX agrees to fund $120,000 (for a total of $240,000) initially upon execution of the Agreement. In addition, each of Cuentas and WaveMAX has agreed to fund an additional $127,500 over the succeeding five months, in each case, subject to approval of each party’s board of directors and expected to produce up to $500,000 from revenue in the first year of operation. The expenses of the JV Project shall include acquiring the Access Points hardware, the installation and configuration of the Access Points hardware for use with the broadband internet service at each Retail Location, entering into the necessary agreements with the Retail Locations, instore marketing and promotion of the WSN program, and expenses relating to commercialization of the digital advertising program. The Board of Directors of CUENTASMAX shall initially be comprised of four persons, two designated by Cuentas, one designated by WaveMAX, and one designated by Execon. The officers of CUENTASMAX shall be the persons from time to time designated by mutual agreement of Cuentas and WaveMAX, with the initial officers to be determined. Up to 1,000 high traffic, prime location convenience stores and “bodegas” (small community markets) will be signed up in conjunction with Cuentas’ distribution network that sells prepaid debit card, e-store, e-wallet and digital services. A fee of 2% (two percent) of the Net Revenue of CUENTASMAX will be paid by CUENTASMAX on a monthly basis as a commission to Innovateur Management SAPI de CV. WaveMax and Innovateur Management, SAPI de CV will be included in the Cuentas Share Incentive plan subject to approval by the Cuentas BOD and approval by Cuentas shareholders and Side Letter Participants at the next scheduled Annual Shareholders meeting. WaveMAX grants CUENTASMAX exclusive rights to use and deploy the WaveMAX Technology, including any and all patents owned or to be owned by WaveMAX and any and all related enhancements or applications of the WaveMAX Technology and any and all prior and subsequent improvements and/or new technology developed by WaveMAX solely in Cuentas BODEGAS network throughout the United States. The parties have agreed to expand CUENTASMAX to other areas of the US once the current deployment is in progress or has been completed. As of December 31,2021 the Company funded $40,000 in CUENTASMAX in agreement with the other parties, funded CuentasMax $40,000 in February of 2022. The parties have agreed to make the third installment by April 15, 2022.

Intangible assets

Intangible assets	12 Months Ended
	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 4 – INTANGIBLE ASSETS On December 31, 2019, the Company entered into a series of integrated transactions to license the Platforms from CIMA, through CIMA’s wholly owned subsidiaries Knetik, and Auris (the “Transaction Closing”) pursuant to that certain Platform License Agreement, dated December 31, 2019 by and among (i) the Company, (ii) CIMA, (iii) Knetik and (iv) Auris (the “License Agreement”) and the various other agreements listed below. Under the License Agreement Cima received a one-time licensing fee in the amount of $9,000 in the form of a convertible note that may be converted, at the option of Cima, into up to 25% of the total shares of Common Stock of the Company, par value $0.001 per share (the “Common Stock”) on a fully diluted basis as of December 31, 2019. The acquired intangible assets that consisted of perpetual software license had an estimated fair value of $9,000. The Company will amortize the intangible assets on a straight-line basis over their expected useful life of 60 months. Identifiable intangible assets were recorded as follows: Asset Amount Life Intangible Assets $ 9,000 60 Total $ 9,000 60 Intangible assets with estimable useful lives are amortized over their respective estimated useful lives to their estimated residual values and reviewed periodically for impairment. On March 5, 2021, the Company purchased the domain www.cuentas.com in consideration of $47. The Company will amortize the intangible assets on a straight-line basis over their expected useful life of 60 months. Identifiable intangible assets were recorded as follows: Asset Amount Life Intangible Assets $ 47 60 Total $ 47 60 Intangible assets with estimable useful lives are amortized over their respective estimated useful lives to their estimated residual values and reviewed periodically for impairment. Amortization of intangible assets for each of the next five years and thereafter is expected to be as follows: Year ended December 31, 2022 $ 1,810 2023 1,810 2024 1,810 2025 8 Total $ 5,438 Amortization expense was $1,809 for the year ended December 31, 2021, and $1,800 for the year ended December 31, 2020, respectively. Amortization expense for each period is included in operating expenses.

Other Accounts Liabilities

Other Accounts Liabilities	12 Months Ended
	Dec. 31, 2021
Payables and Accruals [Abstract]
OTHER ACCOUNTS LIABILITIES	NOTE 5 – OTHER ACCOUNTS LIABILITIES December 31, December 31, Accrued expenses, interest and other liabilities $ 1,063 $ 76 Accrued salaries, bonuses and wages 63 2,119 Total $ 1,126 $ 2,195

Convertible Notes Payable

Convertible Notes Payable	12 Months Ended
	Dec. 31, 2021
Convertible Notes Payable [Abstract]
CONVERTIBLE NOTES PAYABLE	NOTE 6 – CONVERTIBLE NOTES PAYABLE On September 15, 2020, the Company issued a promissory note to Labrys Funds LP for $605 (the “Labrys Note”). The Labrys Note bears interest at a rate of 12% per annum and matures on September 14, 2021. The interest is paid monthly. Payment of principle starts after three months with ability to extend for up to two months and the loan principal become payable on maturity. The Labrys Note bears an original issue discount in the amount of $60, and the issuing expenses were $40, resulting with net proceeds of $505. The Company also issued 56,725 shares of its Common Stock pursuant to the Labrys Note. Out of those, 13,200 shares of Common Stock were issued in consideration of the commitment fee and the balance, are subject to return to the Company once the Labrys Note will be paid in full if there were no defaults. On February 12, 2021, the Company prepaid its loan to Labrys and Labrys returned the Second Commitment shares to the Company. On November 12, 2020, the Company issued a convertible promissory note to a private investor in the amount of $250, which matures on November 12, 2021. Interest accrues from the date of the note on the unpaid principal amount at a rate equal to 10.00% per annum, calculated as simple interest. The holder may elect to convert all or any part of the then outstanding principal and accrued but unpaid interest due under the note into shares of Common Stock until maturation. The conversion price of the note is $6.875 per share, which may be proportionately adjusted as appropriate to reflect any stock dividend, stock split, reverse stock split or other similar event affecting the number of outstanding shares of Common Stock of the Company without the payment of consideration to the Company therefor at any time prior to conversion. On April 20, 2021 the Company paid off its loan and accrued interest in the amount of $260 to the private investor. The Company paid an amount equal to $125 plus $5, which represents the amount of interest accrued on such $125 since the date on which the loan was made under the Note through April 16, 2021. In addition, The Company issued 30,233 shares of Common Stock of the Company.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 7 – RELATED PARTY TRANSACTIONS The Company has had extensive dealings with related parties including those in which our Chief Executive Officer holds a significant ownership interest as well as an executive position during the years ended December 31, 2021 and 2020. Due to our operational losses, the Company has relied to a large extent on funding received from Next Communications, Inc., an organization in which our Chief Executive Officer and Chairman holds a controlling equity interest and holds an executive position. During the first calendar quarter of 2017, Next Communications, Inc. filed for bankruptcy protection. As a result, the related party payable is being handled by a court appointed trustee as an asset of Next Communications, Inc. and the Company may need to begin repaying the amounts due on a more fixed schedule On January 29, 2019, the United States Bankruptcy Court Southern District of Florida, Miami Division, approved a plan of reorganization for Next Communications, Inc. whereby the Company would pay $600,000 to a specific creditor in consideration for the forgiveness of the balance of the related party payable balance. On March 5, 2019, Cuentas paid $60,000 to the trust account of the specific creditor and on May 10, 2019, the Company paid $550,000 to the trust account of the specific creditor per the order and satisfied its obligation under the Approved Plan of the Reorganization for Next Communications, Inc., that was approved by the United States Bankruptcy Court Southern District of Florida, Miami Division, on January 29, 2019. On July 1, 2020 and pursuant to section 1 (e) of the Side Letter Agreement, dated December 31, 2019, it was agreed by and among Dinar Zuz, Cima, Arik Maimom and Michael De Prado that the Company will borrow up to $462 from Dinar Zuz LLC under the second Dinar Zuz Note. As of December 31, 2020, the Company borrowed $355 under the second Dinar Note. On August 25, 2020 and Pursuant to section 1 (e) of the Side Letter Agreement, dated December 31, 2019, it was agreed by and among Dinar, Cima, Arik Maimon and Michael De Prado that the Company will borrow up to $50 from Arik Maimon at an annual interest rate of 9%. On September 30, 2020, the Company fully repaid its loan to Arik Maimon. Employment Agreements On July 24, 2020, the Compensation Committee (the “Compensation Committee”) of the Board of Directors of Cuentas Inc. (the “Company”) approved the Amended and Restated employment agreements with each of Arik Maimon, the Company’s Chief Executive Officer (“Maimon”), and Michael De Prado, the Company’s President (“De Prado,” and together with Maimon, the “Executives,” each an “Executive”), the “New Employment Agreements”. The New Employment Agreements shall supersede the terms of the Pre-existing Employment Agreements. Pursuant to the terms of the New Employment Agreements, among other things: (1) De Prado will receive the following compensation: (1) (a) a base salary of $265,000 per annum; (b) a Funding Bonus equal to 0.5% of the amount of the funding that exceeds the Funding Threshold; (c) a change of control bonus, if applicable; (d) participation in the Company’s employee benefits plan; (2) Maimon will receive the following compensation: (a) a base salary of $295,000 per annum; (b) a Funding Bonus equal to 0.5% of the amount of the funding that exceeds the Funding Threshold; (c) a change of control bonus, if applicable; (d) participation in the Company’s employee benefits plan; (3) For each Executive, the term of the Agreement shall end on the earlier of (i) the date that is four months following the Effective Date or (ii) the date that the Company appoints a new president or chief operating officer but the Company can extend the Employment Term on a month to month basis with the approval of both Dinar and CIMA until a new president or chief operating officer is appointed. Upon expiration of the Employment Term (other than a termination by the Company for “Cause”), the Executive will entitled to a special board compensation package with annual compensation equal to the Annual Base Salary (pro-rated for any partial year of service), beginning on the Expiration or Termination Date and ending 18 months later, provided that such payments will cease if the Executive resigns as a member of the Board during such period. The Board Compensation Period may be extended from year to year for an additional 12 months (for up to 36 months in total) if two of three of the then-current chief executive officer of the Company, Dinar and CIMA agree to extend the period for an additional 12 months. The Executive’s right to receive the Special Board Compensation shall be subject to the Board’s determination that he has complied with his obligations under this Agreement. The Executive will remain on the Board until he resigns, is not re-elected or is removed from the Board in accordance with the Company’s practice for removal of directors. (4) Pursuant to the terms of the New Employment Agreements, the Executives are entitled to severance in the event of certain terminations of his employment. The Executives are entitled to participate in the Company’s employee benefit, pension and/or profit-sharing plans, and the Company will pay certain health and dental premiums on their behalf. (5) Each of the Executives are entitled to travel and expense reimbursement; (6) The Executives have agreed to a one-year non-competition agreement following the termination of their employment. On February 24, 2021, the employment agreement dated July 24, 2020 for Arik Maimon expired in accordance with its terms and as previously disclosed by the Company. As a result of the expiration of the employment agreement, Mr. Maimon was no longer employed as the Chief Executive Officer of the Company, but he continued to act as Chairman of the Board of Directors of the Company. On February 25, 2021, the Board appointed Mr. Maimon to act as interim Chief Executive Officer, which position will terminate upon the earlier of August 25, 2021 or the date on which his successor is duly elected and appointed by the Board of the Company. On February 24, 2021, the employment agreement dated July 24, 2020 for Michael De Prado expired in accordance with its terms and as previously disclosed by the Company. As a result of the expiration of the employment agreement, Mr. De Prado is no longer the President of the Company but has become the Vice Chairman of the Board. On March 5, 2021 and pursuant to the Side Letter Agreement, the Board of Directors of the Company approved a special bonus in the amount of $500 to each of Mr. Maimon and Mr. De Prado due to the successful up-listing of the Company’s shares on the Nasdaq Capital Markets. Half of the bonus $250 was paid in cash and half will be paid in Common stock of the Company . On August 2, 2021, the Company’s Board of Directors approved the payment of the remainder of the up-listing bonus to Mr. Maimon and Mr. De Prado in the amount of $250 for each of them. On the same date, the Company paid $250 to Mr. Maimon and $250 for Mr. De Prado as described above. On August 5, 2021, the Company and its Chief Financial Officer entered in an Amendment of his Employment Agreement where his annual base salary will be $245 and he will not be entitled to a cash payment of his accrued vacation and sick days. On August 25, 2021, the Company and Jeffery D. Johnson entered into an employment agreement, pursuant to which Mr. Johnson agreed to serve as the Company’s new Chief Executive Officer (“The Johnson Employment Agreement”). The Johnson Employment Agreement commenced and became effective as of August 25, 2021, and shall continue for an initial term of three (3) years, ending on August 24, 2024. The initial term would be automatically extended for additional one (1) year periods on the same terms and conditions as set out in the Johnson Employment Agreement; however, the Employment Agreement will not renew automatically if either the Company or Mr. Johnson provide a written notice to the other of a decision not to renew, which notice must be given at least ninety (90) days prior to the end of the initial term or any subsequently renewed one (1) year term. Pursuant to the terms of the Johnson Employment Agreement, Mr. Johnson will receive an annual base salary of three hundred thousand dollars ($300) per year, and will be eligible for an annual incentive payment of up to one hundred percent (100%) of his base salary, which annual incentive payment shall be based on the Company’s performance as compared to the goals established by the Company’s Board of Directors in consultation with Mr. Johnson. This annual incentive shall have a twelve (12) month performance period and will be based on a January 1 through December 31 calendar year, with Mr. Johnson’s entitlement to the annual incentive and the amount of such award, if any, remaining subject to the good faith discretion of the Board of Directors. Pursuant to the terms of the Johnson Employment Agreement, Mr. Johnson has the option to have any such earned annual incentive be paid in fully vested shares of the Company’s Common Stock, but must elect such option by the end of the first quarter following the relevant performance calendar year period. In consideration of Mr. Johnson’s agreement to enter into the Johnson Employment Agreement and remain with the Company, Mr. Johnson was to receive a one-time signing bonus in the amount of two hundred thousand dollars ($200), which is to be paid in two (2) installments: the first installment of one hundred thousand dollars ($100) to be paid on the Company’s next regular payday following the hire date of August 25, 2021, which was paid on August 30, 2021, and the second installment of one hundred thousand dollars ($100) to be paid on Company’s next regular payday following the first (1 st On August 26, 2021, the Company and Arik Maimon entered into a Founder/Executive Chairman Compensation Agreement. Additionally, on August 26, 2021, the Company and Michael De Prado entered into a Founder/Executive Vice-Chairman Compensation Agreement (the “Compensation Agreements”). The term of each of these Compensation Agreements became effective as of August 26, 2021 and replaces any prior arrangements or employment agreements between the Company and each of Mr. Maimon and Mr. De Prado. Under the terms of the Compensation Agreements, the Executives agreed to be employed by the Company for an initial continuous twelve-month term beginning on the effective date of August 26, 2021, and ending on August 25, 2022. The initial term would be automatically extended for additional one (1) year periods on the same terms and conditions as set out in the Compensation Agreements; however, the Compensation Agreements, respectively, will not renew automatically if either the Company or the respective Executive provide a written notice to the other of a decision not to renew, which notice must be given at least ninety (90) days prior to the end of the initial term or any subsequently renewed one (1) year term. Pursuant to the terms of his Compensation Agreement, Mr. Maimon will receive an annual base salary of two hundred ninety-five thousand dollars ($295) per year, and pursuant to the terms of his Compensation Agreement, Mr. De Prado will receive an annual base salary of two hundred seventy-five thousand dollars ($275) per year, and each will be eligible for an annual incentive payment of up to one hundred percent (100%) of their respective base salary, which annual incentive payment shall be based on the Company’s performance as compared to the goals established by the Company’s Board of Directors in consultation with each Executive, respectively. This annual incentive shall have a twelve (12) month performance period and will be based on a January 1 through December 31 calendar year, with the Executives’ entitlement to the annual incentive and the amount of such award, if any, remaining subject to the good faith discretion of the Board of Directors. Any such annual incentive shall be paid by the end of the second quarter following the calendar year to which each respective Executive’s performance relates. Pursuant to the terms of the Compensation Agreements, each of Mr. Maimon and Mr. De Prado has the option to have any such earned annual incentive be paid in fully vested shares of the Company’s Common Stock, but must elect such option by the end of the first quarter following the relevant performance calendar year period. In the event of a change in control of the Company, as defined under the terms of the Compensation Agreements, that takes place (i) during the term of the Compensation Agreement or (ii) prior to the date which is twenty-four (24) months from the effective date of the Compensation Agreements, if the Executive’s employment otherwise terminates prior to such date, each respective Executive shall be entitled to a bonus payment equal to two and one-half percent (2.5%) of the cash consideration received by the shareholders of the Company in the change in control transaction. On December 31, 2019, the Company entered into a series of integrated transactions to license the Platforms from CIMA, through CIMA’s wholly owned subsidiaries Knetik, and Auris (the “Transaction Closing”) pursuant to that certain Platform License Agreement, dated December 31, 2019 by and among (i) the Company, (ii) CIMA, (iii) Knetik and (iv) Auris (the “License Agreement”) and the various other agreements listed below. Under the License Agreement Cima received a one-time licensing fee in the amount of $9,000 in the form of a convertible note that may be converted, at the option of Cima, into up to 25% of the total shares of Common Stock of the Company, par value $0.001 per share (the “Common Stock”) on a fully diluted basis as of December 31, 2019. Pursuant to the License Agreement, the Company shall pay CIMA annual fees for the maintenance and support services in accordance with the following schedule: (i) for the first (1st) calendar year from the Effective Date, $300 were paid in 2020; (ii) for the second (2nd) calendar year from the Effective Date, $500 , were paid in 2021; (iii) for the third (3rd) calendar year from the Effective Date, $700 to be paid during 2022; (iv) for the fourth (4th) calendar year from the Effective Date, $1,000 to be paid on December 31, 2022; (v) for the fifth (5th) calendar year from the Effective Date, $640 to be paid on December 31, 2022; and (vi) for each calendar year thereafter, $640 to be paid on the anniversary date Related parties balances at December 31, 2021 and December 31, 2020 consisted of the following: Due from related parties December 31, December 31, (dollars in thousands) (b) Next Cala 360 - 54 Total Due from related parties - 54 Related party payables, net of discounts December 31, December 31, (dollars in thousands) (a) Due to Next Communications, Inc. (current) $ - $ 10 (c) Principal and interest due to Dinar Zuz LLC due to Dinar Zuz LLC - 355 (d) Due to Cima Telecom Inc. 250 417 Total Due from related parties $ 250 $ 782 (a) Next Cala 360, is a Florida corporation established and managed by the Company’s Executive Chairman. (b) Next Communication, Inc. is a corporation in which the Company’s Executive Chairman holds a controlling interest and serves as the Chief Executive Officer of Next Communications. See disclosure above regarding payments by the Company in connection with the bankruptcy of Next Communication, Inc. (c) Due to the April 6, 2020 Loan Agreement with the Company to borrow up to $462 at an annual interest rate of nine percent (9.0%) (the second “Dinar Zuz Note”). On March 5, 2021 the Company fully prepaid its loan to Dinar Zuz. (d) Composed from annual fees in the amount of $250 for the maintenance and support services in accordance with the software maintenance agreement for the second calendar year from the Effective Date and other software development services. Consulting Agreement On December 15, 2020, the Company entered into a consulting agreement with Juan Martin Gomez, who is currently the chief executive officer and a 25% shareholder of CIMA. Pursuant to the Consulting Agreement, Mr. Martin will have access to the Company’s facilities once a week and provide consulting services to the Company, including support for marketing and corporate structuring, for a term of one year, which term may be extended upon satisfactory performance of his duties. In exchange for his consulting services, the Company will pay Mr. Martin a monthly fee of $5.

Stock Options

Stock Options	12 Months Ended
	Dec. 31, 2021
Share-based Payment Arrangement [Abstract]
STOCK OPTIONS	NOTE 8 – STOCK OPTIONS On November 3, 2021, the Company issued 1,550,000 stock options to executives’ officers and non-employee directors. The options vest on the terms set forth on the table below. Such options can be exercised until, November 2, 2031, and were approved by the Company’s shareholders on December 15, 2021. Name Number of Exercise Vesting Schedule Jeffery D Johnson 500,000 $ 2.80 125,000 on grant date. 187,5,000 on each of the next 2 Employment Anniversaries. Shalom Arik Maimon 200,000 $ 2.80 50% on grant date; 50% on 12 month anniversary of grant date Michael DePrado 150,000 $ 2.80 50% on grant date; 50% on 12 month anniversary of grant date Ran Daniel 100,000 $ 2.80 50% on grant date; 50% on 12 month anniversary of grant date Richard Berman 100,000 $ 2.80 50% on grant date; 50% on 12 month anniversary of grant date Yochanon Bruk 100,000 $ 2.80 50% on grant date; 50% on 12 month anniversary of grant date Jeff Lewis 100,000 $ 2.80 50% on grant date; 50% on 12 month anniversary of grant date David Schottenstein 100,000 $ 2.80 50% on grant date; 50% on 12 month anniversary of grant date Adiv Baruch 100,000 $ 2.80 50% on grant date; 50% on 12 month anniversary of grant date Carol Pepper 100,000 $ 2.80 50% on grant date; 50% on 12 month anniversary of grant date The Company has estimated the fair value of such options at a value of $4,340 at the date of issuance using the Black-Scholes option pricing model using the following assumptions: Common stock price 2.80 Dividend yield 0 % Risk-free interest rate 1.60 % Expected term (years) 10 Expected volatility 480 % The following table summarizes all stock option activity for the year ended December 31, 2021: Shares Weighted- Outstanding, December 31, 2020 135,200 $ 11.18 Granted 1,550,000 $ 2.80 Forfeited 100,000 $ 2.80 Outstanding, December 31, 2021 1,585,200 $ 3.69 The following table discloses information regarding outstanding and exercisable options at December 31, 2021: Outstanding Exercisable Exercise Prices Number of Weighted Average Weighted Average Number of Weighted Average $ 14.35 79,200 $ 14.35 1.24 79,200 $ 14.35 7.50 36,000 7.50 1.71 36,000 7.50 5.23 20,000 5.23 2.24 20,000 5.23 2.80 1,450,000 2.80 9.84 785,000 2.80 1,585,200 $ 3.69 9.13 920,200 $ 4.24 F-24 The following table summarizes all stock option activity for the year ended December 31, 2020: Shares Weighted- Outstanding, December 31, 2019 84,818 $ 31.97 Granted 79,200 14.35 Forfeited 28,818 81.12 Outstanding, December 31, 2020 135,200 $ 11.18 The following table discloses information regarding outstanding and exercisable options at December 31, 2020: Outstanding Exercisable Exercise Prices Number of Weighted Average Weighted Average Number of Weighted Average $ 14.35 79,200 $ 14.35 2.24 79,200 $ 14.35 7.50 36,000 7.50 2.71 36,000 7.50 5.23 20,000 5.23 3.24 20,000 5.23 135,200 $ 11.18 2.51 135,200 $ 11.18

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2021
Stockholders' Equity Note [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 9 – STOCKHOLDERS’ EQUITY Common Stock Effective November 20, 2015, the Company amended its Articles of Incorporation to decrease the common shares authorized from 9,500,000,000 to 360,000,000 with a par value of $0.001. Common Stock Activity During the Year Ended December 31, 2021 The following summarizes the Common Stock activity for the year ended December 31, 2021: Outstanding Balance, December 31, 2020 10,590,491 Shares of Common Stock issued in public offering 2,790,697 Shares issued due to exercise of Warrants 1,454,443 Roundup Differences due to Reverse Split 17 Shares issued due to conversion of Convertible Note 30,233 Return of commitment shares (43,525 ) Shares issued for services 80,000 Shares issued to employees 63,334 Balance, December 31, 2021 14,965,690 On February 2, 2021, the Company issued 20,000 shares of its Common Stock to its Chief Financial Officer, 40,000 shares of its Common Stock to a member of the Board of Directors of the Company and 3,334 shares of its Common Stock to a former employee. The fair market value of the shares was $245. On February 2, 2021 the Company’s common stock and warrants began trading on The Nasdaq Capital Market under the symbols “CUEN” and “CUENW,” respectively. On February 4, 2020 the Company sold an aggregate of 2,790,697 units at a price to the public of $4.30 per unit (the “Offering”), each unit consisting of one share of the Company’s common stock, par value $0.001 per share (the “Common Stock”), and a warrant exercisable for five years to purchase one share of Common Stock at an exercise price of $4.30 per share (the “Warrants”), pursuant to that certain Underwriting Agreement, dated as of February 1, 2021 (the “Underwriting Agreement”), between the Company and Maxim Group LLC (the “Representative” or “Maxim”), as representative of the sole underwriter. In addition, pursuant to the Underwriting Agreement, the Company granted Maxim a 45-day option to purchase up to 418,604 additional shares of Common Stock, and/or 418,604 additional Warrants, to cover over-allotments in connection with the Offering. The Common Stock and the Warrants were offered and sold to the public pursuant to the Company’s registration statements on Form S-1 (File Nos. 333-249690 and 333-252642), filed by the Company with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Securities Act”), on October 28, 2020, as amended, and which became effective on February 1, 2021. The Company received gross proceeds of approximately $12.0 million, before deducting underwriting discounts and commissions of 8% of the gross proceeds and estimated Offering expenses. Pursuant to the Underwriting Agreement, the Company also agreed to issue to Maxim warrants (the “Underwriter’s Warrants”) to purchase up to a total of 223,256 shares of Common Stock (8% of the shares of Common Stock sold in the Offering). The Underwriter’s Warrants are exercisable at $5.375 per share of Common Stock and have a term of five years. The Underwriter’s Warrants are subject to a lock-up for 180 days from the commencement of sales in the Offering, including a mandatory lock-up period in accordance with FINRA Rule 5110(e), and will be non-exercisable for nine months after February 1, 2021. The total expenses of the offering are estimated to be approximately $1.4 million, which included Maxim’s expenses relating to the offering. On March 4, 2021 and pursuant to the Underwriting Agreement, Maxim exercised its 45-day option to purchase up to 418,604 additional Warrants, to cover over-allotments in connection with the Offering. On March 17, 2021, the Company issued 10,000 shares of its Common Stock pursuant to a service Agreement between the Company and a service provider, dated May 16, 2019. The fair market value of the shares at the issuance date was $38. On April 20, 2021, the Company paid off its loan and accrued interest in the amount of $260 to Arie Gershonie. The Company paid an amount equal to $125 plus $5, which represents the amount of interest accrued on such $125 since the date on which the loan was made under the Note through April 16, 2021. In addition, the Company issued 30,233 shares of Common Stock of the Company. The fair market value of the shares at the issuance date was $81. On June 17, 2021, the Board of the Company approved the 2021 Plan, which will be approved by the shareholders in a future date. The maximum number of shares of stock reserved and available for issuance under the 2021 Plan is 1,800,000 shares. The 2021 Plan is designed to enable the flexibility to grant equity awards to the Company’s officers, employees, directors and consultants as determined by the Company’s Compensation Committee. On June 30, 2021, 298,500 Warrants issued in the Offering were exercised for 298,500 shares of the Company’s common stock in consideration of $1,204. On July 1, 2021, 57,500 Warrants issued in the Offering were exercised for 57,500 shares of the Company’s common stock in consideration of $247. On July 1, 2021, the Company issued 2,943 shares of its Common Stock to a private investor due to a cashless exercise of warrants to purchase up to 6,667 shares of its Common Stock at an exercise price equal to $4.30 per share. On July 2, 2021, 1,095,500 Warrants issued in the Offering were exercised for 1,095,500 shares of the Company’s common stock in consideration of $4,711. On September 14, 2021, the Company issued 70,000 shares of its Common Stock pursuant to a Service Agreement between the Company and a service provider. The fair market value of the shares at the issuance date was $223.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 10 – COMMITMENTS AND CONTINGENCIES From time to time, the Company may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business. On December 20, 2017, a complaint was filed by J. P. Carey Enterprises, Inc. (“JP Carey”) alleging a claim for $473 related to Franjose Yglesias-Bertheau, a former Vice President of PLKD. Even though the Company made the agreed payment of $10on January 2, 2017 and issued 6,001 shares of Common Stock as conversion of the $70,000 note as agreed in its settlement agreement, JP Carey alleges damages that the Company claims are without merit because JP Carey received full compensation as agreed. The Company is in the process of defending itself against these claims. The Company has not accrued losses related to this claim due to the early stages of litigation. On January 29, 2019, the Company was served with another complaint by JP Carey claiming similar issues as to the previous complaint, with the new claimed damages totaling $1,108. JP Carey and the Company filed motions for a summary judgment. On June 23, 2020, the case was transferred to the Business Court at the request of the Superior Court Judge previously assigned to the case. Judge Ellerbe from the Business Court has been assigned as the new judge. On October 1, 2020, the court granted the Company’s motion for summary judgment and denied JP Carey’s motion for summary judgment. On October 30, 2020, JP Carey filed a notice of appeal to the trial court’s October 1 and 7, 2020 orders granting summary judgment in favor of the Company. The briefing in the appeal was completed during the first quarter of 2021. Oral argument held on April 13, 2021 but no decision has been rendered yet. On November 16, 2020, the Company filed a motion seeking payment from JP Carey of $141 in attorney fees and costs accrued as of November 13, 2020. JP Carey’s responded brief was filed on or about December 21, 2020 and thereafter the Company filed its reply. JP Carey's petition to the Georgia Supreme Court for a writ of certiorari remains pending and is fully briefed as of January 14, 2022. The Georgia Supreme Court is not required to accept the case and whether it accepts or not is entirely within its discretion. If the Georgia Supreme Court grants certiorari, additional briefing will be due in 2022 and a briefing schedule will be set. In the trial court proceedings, the case remains stayed pending the final outcome after all appeals are exhausted. After the appeal decision is final and no longer subject to further appeal, the trial court will consider the Company's motion seeking payment from JP Carey of the Company’s attorneys' fees and costs and JP Carey's claim for default interest, attorney fees, and costs. On October 23, 2018, the Company was served by Telco Cuba Inc. for an amount in excess of $15 but the total amount was not specified. The Company was served on December 7, 2018, with a complaint alleging damages including unspecified damages for product, advertising and other damages in addition to $50 paid to the Defendants. The Company retained an attorney and has taken steps to defend itself vigorously in this case. Depositions are in process of being scheduled. On November 7, 2018, the Company and its now former subsidiary, Limecom, were served with a complaint by IDT Domestic Telecom, Inc. for telecommunications services provided to Limecom during 2018 in the amount of $50. The Company has no accrual expenses as of December 31, 2019, related to the complaint given the early nature of the process. Limecom was a subsidiary of the Company during this period but since the Limecom Acquisition was rescinded on January 30, 2019, and Limecom agreed to indemnify and hold harmless the Company from this and other debts. The Company retained an attorney and is defending itself vigorously in this case. A court ordered mandatory arbitration session took place and the arbitration findings were issued on June 19, 2020, and a request for trial de novo was filed on July 16, 2020, in order to have the matter docketed on the calendar. The court came to the determination that while not indicative of success at trial, the court denied Plaintiff’s motion for summary judgment. As of the date hereof, depositions are set to be taken during the fourth quarter of 2021. On May 1, 2019, the Company received a notice of demand for arbitration from Secure IP Telecom, Inc. (“Secure IP), who allegedly had a Reciprocal Carrier Services Agreement (“RCS”) exclusively with Limecom and not with the Company. The arbitration demand originated from another demand for arbitration that Secure IP received from VoIP Capital International (“VoIP”) in March 2019, demanding $1,053 in damages allegedly caused by unpaid receivables that Limecom assigned to VoIP based on the RCS. On or about October 5, 2020, the trial court appointed a receiver over Limecom, Inc. (“ Limecom” th Secure IP Heritage On May 25, 2021, the Company received a notice of demand from Vitco LLC and Vitaliy Yurchenko, who allegedly had a licensing agreement entered into with NextGn LLC, a former subsidiary of the Company. The alleged terms of the agreement require payment of $180 per annum for use of software and Vitco LLC’s consulting. The alleged amount due to Vitco LLC and Vitaliy Yurchenko is $1,095. Vitco LLC and Vitaliy Yurchenko are also seeking all attorneys’ fees and costs associated with the filing, maintenance, and enforcement of any formal action. On or about July 15, 2021, the Company, its CEO and other third parties were served with a complaint by Larry Kolb (“Kolb”), Vitco LLC and Vitaliy Yurchenko as part as shareholder’s derivative action under the law of the State of Florida for Breach of Agreement, Breach of Contract, Wage theft, Fraud, Fraudulent Transfer, Breach of Covenant against the Company, its CEO and other third parties. The Complaint demands a transfer of 74,558 shares of Common Stock of the Company or a payment of $265. Kolb also demands a payment of $60 for stolen wages and an order awarding him a reasonable attorney’s fees. The Company retained an attorney. On or about March 1, 2022 the company agreed to settle this matter together with the previous matter listed above involving Yurchenko and Vitco for a total settlement payment of $200,000 which will be effective once a settlement agreement is filed with the court. On April 1, 2021 the Company executed a lease for office space effective April 1, 2021. The lease requires monthly rental payments of $7.

Segments Of Operations

Segments Of Operations	12 Months Ended
	Dec. 31, 2021
Segment Reporting [Abstract]
SEGMENTS OF OPERATIONS	NOTE 11 – SEGMENTS OF OPERATIONS The Company reports segment information based on the “management” approach. The management approach designates the internal reporting used by management for making decisions and assessing performance as the source of the Company’s reportable operating segments. The Company manages its business primarily on a product basis. The accounting policies of the various segments are the same as those described in Note 2, “Summary of Significant Accounting Policies.” The Company evaluates the performance of its reportable operating segments based on net sales and gross profit. Revenue by product for 2021 and 2020 are as follows: December 31, December 31, (dollars in thousands) Telecommunications $ 525 $ 439 General Purpose Reloadable Cards 68 119 Total revenue $ 593 $ 558 Gross profit (loss) by product for 2021 and 2020 are as follows (in millions): December 31, December 31, (dollars in thousands) Telecommunications $ 212 $ (20 ) General Purpose Reloadable Cards (88 ) (119 ) Total revenue $ 124 $ (139 ) Long lived assets by product for 2021 and 2020 are as follows: December 31, December 31, (dollars in thousands) Telecommunications $ - $ - General Purpose Reloadable Cards 5,400 7,200 Total revenue $ 5,400 $ 7,200

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 12 – INCOME TAXES Effective December 22, 2017 a new tax bill was signed into law that reduced the federal income tax rate for corporations from 35% to 21%. The new bill reduced the blended tax rate for the Company from 39.50% to 26.50%. Under FASB ASC Topic 740, the effects of new tax legislation are recognized in the period which includes the enactment date. As a result, the deferred tax assets and liabilities existing on the enactment date must be revalued to reflect the rate at which these deferred balances will reverse. The corresponding adjustment would generally affect the Income Tax Expense (Benefit) shown on the financial statements. However, since the company has a full valuation allowance applied against all of its deferred tax asset, there is no impact to the Income Tax Expense for the year ending December 31, 2021. Internal Revenue Code Section 382 (“IRC 382”) potentially limits the utilization of NOLs and tax credits when there is a greater than 50% change of ownership. The Company has not performed an analysis under IRC 382 related to changes in ownership, which could place certain limits on the company’s ability to fully utilize its NOLs and tax credits. The Company’s has added a note to its financial statements to disclose that there may be some limitations and that an analysis has not been performed. In the interim, the Company has placed a full valuation allowance on its NOLs and other deferred tax items. We recognized income tax benefits of $0 during the years ended December 31, 2021 and December 31, 2020. When it is more likely than not that a tax asset will not be realized through future income, the Company must allow for this future tax benefit. We provided a full valuation allowance on the net deferred tax asset, consisting of net operating loss carry forwards, because management has determined that it is more likely than not that we will not earn income sufficient to realize the deferred tax assets during the carry forward period. The Company has not taken a tax position that, if challenged, would have a material effect on the financial statements for the years ended December 31, 2021 or December 31, 2020 applicable under FASB ASC Topic 740. We did not recognize any adjustment to the liability for uncertain tax position and therefore did not record any adjustment to the beginning balance of accumulated deficit on the balance sheet. All tax returns for the Company remain open. Reconciliation between the theoretical tax expense, assuming all income is taxed at the statutory tax rate applicable to income of the Company and the actual tax expense as reported in the Statement of Operations, is as follows: Year ended 2021 2020 Loss before taxes, as reported in the consolidated statements of operations $ 10,728 $ 7,483 Federal and State statutory rate 26.5 % 26.5 % Theoretical tax benefit on the above amount at federal statutory tax rate 2,842 1,983 Losses and other items for which a valuation allowance was provided or benefit from loss carry forward (2,842 ) (1,983 ) Actual tax income (expense) - - 2021 2020 U.S. dollars in Deferred tax assets: Net operating loss carry-forward $ 5,464 $ 3,185 Adjustments (1015 ) (315 ) Valuation allowance (4,449 ) (2,870 ) $ - $ - A valuation allowance is provided when it is more likely than not that some portion of the deferred tax asset will not be realized. Management has determined, based on its recurring net losses, lack of a commercially viable product and limitations under current tax rules, that a full valuation allowance is appropriate. U.S. Valuation allowance, December 31, 2020 $ 2,870 Increase 1,579 Valuation allowance, December 31, 2021 $ 4,449 The net federal operating loss carry forward will begin expire in 2039. This carry forward may be limited upon the consummation of a business combination under IRC Section 382.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 13 – SUBSEQUENT EVENTS On January 5, 2022, The Company entered into a Binding Letter of Intent with Mango Tell LLC (“Mango Tel”), SDI Black 011, LLC and Sohel Kapadia and Saheda Kapadia (collectively the “Owners”), for the potential acquisition of 100% of the assets of Mango Tel LLC and SDI Black 011(“SDI Group”) in exchange for $3.2 Million.The LOI provides that the Company will deposit $2 Million into an escrow account while a definitive purchase and sale agreement is drafted and negotiated. The parties agree that the LOI is binding on each of them and that they will use their best efforts and good faith to enter into the Agreement with terms and conditions consistent with this Agreement. Pursuant to the Agreement, Cuentas will acquire substantially all of the assets of SDI Black, and Mango Tel which also include the Mango Mobile MVNO, Black Wireless MVNO, Black 011 Long distance platform and operations and the SDI distribution platform and network of over 31,000 bodegas and convenience stores (the “Purchased Assets”). Following the execution of the LOI, the Company shall form a company (“Newco”) into which all of the Purchased Assets shall be transferred and, following the closing of the purchase and sale, all of the interests in Newco shall be transferred to the Company. The Sellers and the Owners have agreed to apply the purchase price paid by the Company to amounts due to the repay U.S. Small Business Administration (“SBA”) loans taken by the Sellers and that Owners shall pay an additional $1,000 towards repayment of additional SBA loans. The Company Cuentas agreed to offer employment agreements to certain Fisk/SDI key employees. The Company reached a settlement with IDT Domestic Telecom for a settlement payment of $20. The Company reached a settlement agreement with Larry Kol

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States (“‘US GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. As applicable to the consolidated financial statements, the most significant estimates and assumptions relate to allowances for impairment of intangible assets and fair value of stock-based compensation and fair value calculations related to embedded derivative features of outstanding convertible notes payable.
Principles of Consolidation	Principles of consolidation The consolidated financial statements include the accounts of the Company and its subsidiaries. All intercompany transactions and balances have been eliminated in consolidation.
Functional currency	Functional currency The functional currency of the company and its subsidiaries is U.S dollar.
Reclassification of Prior Year Presentation	Reclassification of Prior Year Presentation Certain prior year amounts have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the reported results of operations.
Cash and cash equivalents	Cash and cash equivalents The Company considers all short-term investments, which are highly liquid investments with original maturities of three months or less at the date of purchase, to be cash equivalents. The Company held no cash equivalents as of December 31, 2021 or 2020.
Marketable securities	Marketable securities The Company accounts for investments in marketable securities in accordance with ASC Topic 320-10, “Investments - Debt and Equity Securities”
Allowance for doubtful accounts	Allowance for doubtful accounts The allowance for doubtful accounts is determined with respect to amounts the Company has determined to be doubtful of collection. In determining the allowance for doubtful accounts, the Company considers, among other things, its past experience with customers, the length of time that the balance is post due, the customer’s current ability to pay and available information about the credit risk on such customers. There was an allowance for doubtful accounts of $20 as of December 31, 2021 and 2020.
Property and Equipment	Property and Equipment Property and equipment are stated at cost less accumulated depreciation and amortization. The Company provides for depreciation and amortization using the straight-line method over the estimated useful lives of the related assets, which range from three to five years.
Variable Interest Entities	Variable Interest Entities The Company account for variable interest entities in accordance with ASC Topic 810, Consolidation
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets In accordance with ASC Topic 360, formerly SFAS No. 144, “ Accounting for the Impairment or Disposal of Long-Lived Assets
Derivative Liabilities and Fair Value of Financial Instruments	Derivative Liabilities and Fair Value of Financial Instruments Fair value accounting requires bifurcation of embedded derivative instruments such as conversion features in convertible debt or equity instruments and measurement of their fair value for accounting purposes. In assessing the convertible debt instruments, management determines if the convertible debt host instrument is conventional convertible debt and further if there is a beneficial conversion feature requiring measurement. If the instrument is not considered conventional convertible debt under ASC Topic 470, the Company will continue its evaluation process of these instruments as derivative financial instruments under ASC Topic 815. Once determined, derivative liabilities are adjusted to reflect fair value at each reporting period end, with any increase or decrease in the fair value being recorded in results of operations as an adjustment to fair value of derivatives. Fair value of certain of the Company’s financial instruments including cash, accounts receivable, account payable, accrued expenses, notes payables, and other accrued liabilities approximate cost because of their short maturities. The Company measures and reports fair value in accordance with ASC Topic 820, “Fair Value Measurements and Disclosure” Fair value, as defined in ASC Topic 820, is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value of an asset should reflect its highest and best use by market participants, principal (or most advantageous) markets, and an in-use or an in-exchange valuation premise. The fair value of a liability should reflect the risk of nonperformance, which includes, among other things, the Company’s credit risk. Valuation techniques are generally classified into three categories: the market approach; the income approach; and the cost approach. The selection and application of one or more of the techniques may require significant judgment and are primarily dependent upon the characteristics of the asset or liability, and the quality and availability of inputs. Valuation techniques used to measure fair value under ASC Topic 820 must maximize the use of observable inputs and minimize the use of unobservable inputs. ASC Topic 820 also provides fair value hierarchy for inputs and resulting measurement as follows: Level 1: Quoted prices (unadjusted) in active markets that are accessible at the measurement date for identical assets or liabilities. Level 2: Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities; and Level 3: Unobservable inputs for the asset or liability that are supported by little or no market activity, and that are significant to the fair values. Fair value measurements are required to be disclosed by the Level within the fair value hierarchy in which the fair value measurements in their entirety fall. Fair value measurements using significant unobservable inputs (in Level 3 measurements) are subject to expanded disclosure requirements including a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (i) total gains or losses for the period (realized and unrealized), (ii) segregating those gains or losses included in earnings and (iii) a description of where those gains or losses included in earning are reported in the statement of income. The Company records a debt discount related to the issuance of convertible debts that have conversion features at adjustable rates. The debt discount for the convertible instruments is recognized and measured by allocating a portion of the proceeds as an increase in additional paid-in capital and as a reduction to the carrying amount of the convertible instrument equal to the fair value of the conversion features. The debt discount will be accreted by recording additional non-cash gains and losses related to the change in fair values of derivative liabilities over the life of the convertible notes. The Company’s financial assets and liabilities that are measured at fair value on a recurring basis by level within the fair value hierarchy are as follows:
Deferred Revenue	Deferred Revenue The Company records deferred revenue for any upfront payments received in advance of the Company’s performance obligations being satisfied. These contract liabilities consist principally of unearned new minutes fees. Changes in the deferred revenue balance are driven primarily by the amount of new minutes fees recognized during the period, and the degree to which these reductions to the deferred revenue balance are offset by the deferral of new minutes fees associated with minutes sold during the period.
Non-Controlling Interest	Non-Controlling Interest The Company reports the non-controlling interest in its majority owned subsidiaries in the consolidated balance sheets within the stockholders’ deficit section, separately from the Company’s stockholders’ deficit. Non-controlling interest represents the non-controlling interest holders’ proportionate share of the equity of the Company’s majority-owned subsidiaries. Non-controlling interest is adjusted for the non-controlling interest holders’ proportionate share of the earnings or losses and other comprehensive income (loss) and the non-controlling interest continues to be attributed its share of losses even if that attribution results in a deficit non-controlling interest balance.
Revenue Recognition	Revenue Recognition The Company follows paragraph 605-10-S99 of the FASB Accounting Standards Codification for revenue recognition. The Company will recognize revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable and (iv) collectability is reasonably assured. The Company primarily generates revenues through the brokering of sales of minutes from one telecommunications carrier to another and to a lesser extent the sales of prepaid calling minutes to consumers through its Tel3 division. While the Company collects payment for such minutes in advance, revenue is recognized upon delivery to and consumption of minutes by the consumer. Minutes are forfeited buy the consumer after twelve consecutive months of non-use at which point the Company recognizes revenue from the forfeiture of prepaid minutes.
Business Segments	Business Segments The Company operates in a two business segment in telecommunications and General Purpose Reloadable Cards.
Income Taxes	Income Taxes Income taxes are accounted for under the assets and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. Use of net operating loss carry forwards for income tax purposes may be limited by Internal Revenue Code Section 382 if a change of ownership occurs.
Net Loss Per Basic and Diluted Common Share	Net Loss Per Basic and Diluted Common Share Basic loss per share is calculated by dividing the Company’s net loss applicable to common shareholders by the weighted average number of common shares during the period. Diluted earnings per share is calculated by dividing the Company’s net income available to common shareholders by the diluted weighted average number of shares outstanding during the year. The diluted weighted average number of shares outstanding is the basic weighted average number of shares adjusted for any potentially dilutive debt or equity. At December 31, 2021, potentially dilutive securities consisted of 1,941,906 shares which of 135,200 options to purchase of common stock at prices ranging from $5.22 to $14.35 per share and 1,805,896 warrants to purchase of common stock at prices ranging from $4.30 to $20.00 per share. The effects of these options and warrants been excluded as the conversion would be anti-dilutive due to the net loss incurred in the year ended December 31, 2021. At December 31, 2020, potentially dilutive securities consisted of 226,356 shares which of 135,200 options to purchase of common stock at prices ranging from $5.22 to $14.35 per share and 54,762 warrants to purchase of common stock at prices ranging from $8.12 to $20.00 per share. Additionally, the Company had a Convertible note totaling $250,000 representing an additional 36,394 common shares. The effects of these options, warrants and note been excluded as the conversion would be anti-dilutive due to the net loss incurred in the year ended December 31, 2020.
Advertising Costs	Advertising Costs The Company’s policy regarding advertising is to expense advertising when incurred. The Company incurred $37 and $88 of advertising costs during the years ended December 31, 2021 and 2020, respectively.
Stock-Based Compensation	Stock-Based Compensation The Company applies ASC Topic 718-10, “Share-Based Payment,” which requires the measurement and recognition of compensation expenses for all share-based payment awards made to employees and directors (including employee stock options under the Company’s stock plans) based on estimated fair values. ASC Topic 718-10 requires companies to estimate the fair value of equity-based payment awards on the date of grant. The value of the portion of the award that is ultimately expected to vest is recognized as an expense over the requisite service periods in the Company’s statement of operations. The Company recognizes compensation expenses for the value of non-employee awards based on the straight-line method over the requisite service period of each award, net of estimated forfeitures. The Company estimates the fair value of stock options granted as equity awards using a Black-Scholes options pricing model. The option-pricing model requires a number of assumptions, of which the most significant are share price, expected volatility and the expected option term (the time from the grant date until the options are exercised or expire). Expected volatility is estimated based on volatility of similar companies in the technology sector. The Company has historically not paid dividends and has no foreseeable plans to issue dividends. The risk-free interest rate is based on the yield from governmental zero-coupon bonds with an equivalent term. The expected option term is calculated for options granted to employees and directors using the “simplified” method. Grants to non-employees are based on the contractual term. Changes in the determination of each of the inputs can affect the fair value of the options granted and the results of operations of the Company.
Related Parties	Related Parties The registrant follows subtopic 850-10 of the FASB Accounting Standards Codification for the identification of related parties and disclosure of related party transactions. Pursuant to Section 850-10-20 of the FASB Accounting Standards Codification, the Related parties include (a) affiliates of the registrant; (b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825–10–15, to be accounted for by the equity method by the investing entity; (c) trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management; (d) principal owners of the registrant; (e) management of the registrant; (f) other parties with which the registrant may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and (g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. The financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of consolidated or combined financial statements is not required in those statements. The disclosures shall include: (a) the nature of the relationship(s) involved; (b) description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; (c) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and (d) amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.
Recently Issued Accounting Standards	Recently Issued Accounting Standards On August 2020, the FASB issued ASU No. 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40) (“ASU 2020-06”), which simplifies an issuer’s accounting for convertible instruments and its application of the derivatives scope exception for contracts in its own equity. ASU 2020-06 is effective for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. The Company is currently evaluating the provisions of ASU 2020-06, but do not expect any material impact on our consolidated financial statements. Recently Issued Accounting Pronouncements Not Yet Adopted In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. The amendments in this ASU simplify the accounting for income taxes, eliminates certain exceptions to the general principles in Topic 740 and clarifies certain aspects of the current guidance to improve consistent application among reporting entities. ASU 2019-12 is effective for fiscal years beginning after December 15, 2021 and interim periods within annual periods beginning after December 15, 2022, though early adoption is permitted, including adoption in any interim period for which financial statements have not yet been issued. This standard is not expected to have a material impact to the Company’s consolidated financial statements after evaluation. In August 2020, the FASB issued ASU No. 2020-06, Debt - Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging Contracts in Entity s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity s Own Equity. ASU 2020-06 will simplify the accounting for convertible instruments by reducing the number of accounting models for convertible debt instruments and convertible preferred stock. Limiting the accounting models results in fewer embedded conversion features being separately recognized from the host contract as compared with current GAAP. Convertible instruments that continue to be subject to separation models are (1) those with embedded conversion features that are not clearly and closely related to the host contract, that meet the definition of a derivative, and that do not qualify for a scope exception from derivative accounting and (2) convertible debt instruments issued with substantial premiums for which the premiums are recorded as paid-in capital. ASU 2020-06 also amends the guidance for the derivatives scope exception for contracts in an entity’s own equity to reduce form-over-substance-based accounting conclusions. ASU 2020-06 will be effective for public companies for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020, including interim periods within those fiscal years. The Company is currently evaluating the impact that the adoption of ASU 2020-06 will have on the Company’s consolidated financial statement presentation or disclosures. Other new pronouncements issued but not effective as of December 31, 2021 are not expected to have a material impact on the Company’s consolidated financial statements. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on our financial statements upon adoption. Depreciation expenses were $1 in the years ended December 31, 2021 and December 31, 2020.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies and Basis of Presentation (Tables)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Schedule of financial assets and liabilities are measured at fair value on a recurring basis	Balance as of December 31, 2021 Level 1 Level 2 Level 3 Total Assets: Marketable securities - - - - Total assets -- - - - Liabilities: Stock based liabilities 3 - - 3 Total liabilities 3 - - 3 Balance as of December 31, 2020 Level 1 Level 2 Level 3 Total Assets: Marketable securities 3 - - 3 Total assets 3 - - 3 Liabilities: Stock based liabilities 102 - - 102 Total liabilities 102 - - 102

Intangible assets (Tables)

Intangible assets (Tables)	12 Months Ended
	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets	Asset Amount Life Intangible Assets $ 9,000 60 Total $ 9,000 60 Asset Amount Life Intangible Assets $ 47 60 Total $ 47 60
Schedule of amortization of intangible assets	Year ended December 31, 2022 $ 1,810 2023 1,810 2024 1,810 2025 8 Total $ 5,438

Other Accounts Liabilities (Tab

Other Accounts Liabilities (Tables)	12 Months Ended
	Dec. 31, 2021
Payables and Accruals [Abstract]
Schedule of other accounts liabilities	December 31, December 31, Accrued expenses, interest and other liabilities $ 1,063 $ 76 Accrued salaries, bonuses and wages 63 2,119 Total $ 1,126 $ 2,195

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
Schedule of related party balances	December 31, December 31, (dollars in thousands) (b) Next Cala 360 - 54 Total Due from related parties - 54 December 31, December 31, (dollars in thousands) (a) Due to Next Communications, Inc. (current) $ - $ 10 (c) Principal and interest due to Dinar Zuz LLC due to Dinar Zuz LLC - 355 (d) Due to Cima Telecom Inc. 250 417 Total Due from related parties $ 250 $ 782

Stock Options (Tables)

Stock Options (Tables)	12 Months Ended
	Dec. 31, 2021
Share-based Payment Arrangement [Abstract]
Schedule of stock options to executives’ officers and non-employee directors	Name Number of Exercise Vesting Schedule Jeffery D Johnson 500,000 $ 2.80 125,000 on grant date. 187,5,000 on each of the next 2 Employment Anniversaries. Shalom Arik Maimon 200,000 $ 2.80 50% on grant date; 50% on 12 month anniversary of grant date Michael DePrado 150,000 $ 2.80 50% on grant date; 50% on 12 month anniversary of grant date Ran Daniel 100,000 $ 2.80 50% on grant date; 50% on 12 month anniversary of grant date Richard Berman 100,000 $ 2.80 50% on grant date; 50% on 12 month anniversary of grant date Yochanon Bruk 100,000 $ 2.80 50% on grant date; 50% on 12 month anniversary of grant date Jeff Lewis 100,000 $ 2.80 50% on grant date; 50% on 12 month anniversary of grant date David Schottenstein 100,000 $ 2.80 50% on grant date; 50% on 12 month anniversary of grant date Adiv Baruch 100,000 $ 2.80 50% on grant date; 50% on 12 month anniversary of grant date Carol Pepper 100,000 $ 2.80 50% on grant date; 50% on 12 month anniversary of grant date
Schedule of Black-Scholes option pricing model	Common stock price 2.80 Dividend yield 0 % Risk-free interest rate 1.60 % Expected term (years) 10 Expected volatility 480 %
Schedule of stock option activity	Shares Weighted- Outstanding, December 31, 2020 135,200 $ 11.18 Granted 1,550,000 $ 2.80 Forfeited 100,000 $ 2.80 Outstanding, December 31, 2021 1,585,200 $ 3.69 Shares Weighted- Outstanding, December 31, 2019 84,818 $ 31.97 Granted 79,200 14.35 Forfeited 28,818 81.12 Outstanding, December 31, 2020 135,200 $ 11.18
Schedule of information regarding outstanding and exercisable options	Outstanding Exercisable Exercise Prices Number of Weighted Average Weighted Average Number of Weighted Average $ 14.35 79,200 $ 14.35 1.24 79,200 $ 14.35 7.50 36,000 7.50 1.71 36,000 7.50 5.23 20,000 5.23 2.24 20,000 5.23 2.80 1,450,000 2.80 9.84 785,000 2.80 1,585,200 $ 3.69 9.13 920,200 $ 4.24 Outstanding Exercisable Exercise Prices Number of Weighted Average Weighted Average Number of Weighted Average $ 14.35 79,200 $ 14.35 2.24 79,200 $ 14.35 7.50 36,000 7.50 2.71 36,000 7.50 5.23 20,000 5.23 3.24 20,000 5.23 135,200 $ 11.18 2.51 135,200 $ 11.18

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2021
Stockholders' Equity Note [Abstract]
Schedule of common stock activity	Outstanding Balance, December 31, 2020 10,590,491 Shares of Common Stock issued in public offering 2,790,697 Shares issued due to exercise of Warrants 1,454,443 Roundup Differences due to Reverse Split 17 Shares issued due to conversion of Convertible Note 30,233 Return of commitment shares (43,525 ) Shares issued for services 80,000 Shares issued to employees 63,334 Balance, December 31, 2021 14,965,690

Segments Of Operations (Tables)

Segments Of Operations (Tables)	12 Months Ended
	Dec. 31, 2021
Segment Reporting [Abstract]
Schedule of segments of operations	December 31, December 31, (dollars in thousands) Telecommunications $ 525 $ 439 General Purpose Reloadable Cards 68 119 Total revenue $ 593 $ 558 December 31, December 31, (dollars in thousands) Telecommunications $ 212 $ (20 ) General Purpose Reloadable Cards (88 ) (119 ) Total revenue $ 124 $ (139 ) December 31, December 31, (dollars in thousands) Telecommunications $ - $ - General Purpose Reloadable Cards 5,400 7,200 Total revenue $ 5,400 $ 7,200

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Schedule of actual tax expense	Year ended 2021 2020 Loss before taxes, as reported in the consolidated statements of operations $ 10,728 $ 7,483 Federal and State statutory rate 26.5 % 26.5 % Theoretical tax benefit on the above amount at federal statutory tax rate 2,842 1,983 Losses and other items for which a valuation allowance was provided or benefit from loss carry forward (2,842 ) (1,983 ) Actual tax income (expense) - -
Schedule of deferred tax assets	2021 2020 U.S. dollars in Deferred tax assets: Net operating loss carry-forward $ 5,464 $ 3,185 Adjustments (1015 ) (315 ) Valuation allowance (4,449 ) (2,870 ) $ - $ -
Schedule of valuation allowance	U.S. Valuation allowance, December 31, 2020 $ 2,870 Increase 1,579 Valuation allowance, December 31, 2021 $ 4,449

Organization and Description _2

Organization and Description of Business (Details) - USD ($)	Aug. 04, 2021	Jul. 02, 2021	Feb. 02, 2021	Jul. 03, 2020	Jun. 30, 2021	Aug. 24, 2020	Sep. 21, 2005	Dec. 31, 2021	Dec. 31, 2019	Feb. 04, 2020
Organization and Description of Business (Details) [Line Items]
Reverse stock split, description			(i) every two and a half shares of common stock have been combined into one share of common stock; (ii) the number of shares of common stock underlying each common stock option or common stock warrant have been proportionately decreased on a 2.5-for-1 basis, and the exercise price of each such outstanding stock option and common warrant has been proportionately increased on a 2.5-for-1 basis. Accordingly, all option numbers, share numbers, warrant numbers, share prices, warrant prices, exercise prices and losses per share have been adjusted within these consolidated financial statements, on a retroactive basis, to reflect this 2.5-for-1 reverse stock split.
License agreement, description									Pursuant to the Underwriting Agreement, the Company also agreed to issue to Maxim warrants (the “Underwriter’s Warrants”) to purchase up to a total of 223,256 shares of Common Stock (8% of the shares of Common Stock sold in the Offering).
Reverse stock split shares (in Shares)								223,256
Percentage of common stock sold								8.00%
Exercisable price (in Dollars per share)										$ 4.3
Offering cost (in Dollars)								$ 1,400,000
Common stock in consideration (in Dollars)					$ 1,204
Meimoun and Mammon [Member]
Organization and Description of Business (Details) [Line Items]
Ownership percentage in subsidiaries							100.00%
Nxtgn [Member]
Organization and Description of Business (Details) [Line Items]
Ownership percentage in subsidiaries						65.00%
Next Mobile 360, LLC. [Member]
Organization and Description of Business (Details) [Line Items]
Ownership percentage in subsidiaries							100.00%
Next Cala, Inc. [Member]
Organization and Description of Business (Details) [Line Items]
Ownership percentage in subsidiaries				94.00%
Benelisha [Member]
Organization and Description of Business (Details) [Line Items]
Joint venture arrangement, description	the Company and Benelisha entered into a Definitive Marketing and Promotion Agreement (the “Belisha Agreement”). Pursuant to the Belisha Agreement, the Company and Benelisha will market and promote Cuentas GPR cards and the mobile phone application (“DC/MA”) products to Benelisha customers. During the Term, Benelisha’s goal is to register Benelisha customers to become activated users of Cuentas DC/MA products by the following milestone goals.
Warrant [Member]
Organization and Description of Business (Details) [Line Items]
Reverse stock split, description			the Company’s common stock and warrants began trading on The Nasdaq Capital Market under the symbols “CUEN” and “CUENW,” respectively. On February 4, 2021 the Company sold an aggregate of 2,790,697 units at a price to the public of $4.30 per unit (the “Offering”), each unit consisting of one share of the Company’s common stock, par value $0.001 per share (the “Common Stock”), and a warrant exercisable for five years to purchase one share of Common Stock at an exercise price of $4.30 per share (the “Warrants”), pursuant to that certain Underwriting Agreement, dated as of February 1, 2021 (the “Underwriting Agreement”), between the Company and Maxim Group LLC (the “Representative” or “Maxim”), as representative of the sole underwriter. In addition, pursuant to the Underwriting Agreement, the Company granted Maxim a 45-day option to purchase up to 418,604 additional shares of Common Stock, and/or 418,604 additional Warrants, to cover over-allotments in connection with the Offering. The Common Stock and the Warrants were offered and sold to the public pursuant to the Company’s registration statements on Form S-1 (File Nos. 333-249690 and 333-252642), filed by the Company with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Securities Act”), on October 28, 2020, as amended, and which became effective on February 1, 2021. The Company received gross proceeds of approximately $12.0 million, before deducting underwriting discounts and commissions of 8% of the gross proceeds and estimated Offering expenses, and intend to use the net proceeds from the Offering for sales and marketing; purchase of chip-based debit card stock for GPR and Starter cards; repayment of outstanding loans; research and development; and working capital and operating expenses purposes. The Underwriting Agreement contains customary representations, warranties, and covenants by the Company. It also provides for customary indemnification by each of the Company and the Underwriter for losses or damages arising out of or in connection with the offering, including for liabilities under the Securities Act, other obligations of the parties and termination provisions.
Warrant term								5 years
Exercised offering shares (in Shares)		57,500			298,500
Common stock in consideration (in Dollars)		$ 247
Underwriters [Member]
Organization and Description of Business (Details) [Line Items]
Exercisable price (in Dollars per share)								$ 5.375

Summary of Significant Accoun_3

Summary of Significant Accounting Policies and Basis of Presentation (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Summary of Significant Accounting Policies and Basis of Presentation (Details) [Line Items]
Trading gains (losses)	$ 0	$ 2,000
Dilutive securities (in Shares)	1,941,906	226,356
Purchase of stock price (in Shares)	135,200	135,200
Convertible note amount		$ 250,000,000
Common stock shares issued (in Shares)		36,394
Advertising costs	$ 37,000	$ 88,000
Depreciation expenses	1,000	1,000
Accounts Receivable [Member]
Summary of Significant Accounting Policies and Basis of Presentation (Details) [Line Items]
Allowance for doubtful accounts	$ 20,000	$ 20,000
Minimum [Member]
Summary of Significant Accounting Policies and Basis of Presentation (Details) [Line Items]
Estimated useful life	3 years
Stock price range (in Dollars per share)	$ 5.22	$ 5.22
Maximum [Member]
Summary of Significant Accounting Policies and Basis of Presentation (Details) [Line Items]
Estimated useful life	5 years
Stock price range (in Dollars per share)	$ 14.35	$ 14.35
Warrant [Member]
Summary of Significant Accounting Policies and Basis of Presentation (Details) [Line Items]
Purchase of stock price (in Shares)	1,805,896	54,762
Warrant [Member] | Minimum [Member]
Summary of Significant Accounting Policies and Basis of Presentation (Details) [Line Items]
Stock price range (in Dollars per share)	$ 4.3	$ 8.12
Warrant [Member] | Maximum [Member]
Summary of Significant Accounting Policies and Basis of Presentation (Details) [Line Items]
Stock price range (in Dollars per share)	$ 20	$ 20

Summary of Significant Accoun_4

Summary of Significant Accounting Policies and Basis of Presentation (Details) - Schedule of financial assets and liabilities are measured at fair value on a recurring basis - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Summary of Significant Accounting Policies and Basis of Presentation (Details) - Schedule of financial assets and liabilities are measured at fair value on a recurring basis [Line Items]
Total assets		$ 3
Total liabilities	3	102
Marketable Securities [Member]
Summary of Significant Accounting Policies and Basis of Presentation (Details) - Schedule of financial assets and liabilities are measured at fair value on a recurring basis [Line Items]
Total assets		3
Stock Based Liabilities [Member]
Summary of Significant Accounting Policies and Basis of Presentation (Details) - Schedule of financial assets and liabilities are measured at fair value on a recurring basis [Line Items]
Total liabilities	3	102
Level 1 [Member]
Summary of Significant Accounting Policies and Basis of Presentation (Details) - Schedule of financial assets and liabilities are measured at fair value on a recurring basis [Line Items]
Total assets		3
Total liabilities	3	102
Level 1 [Member] | Marketable Securities [Member]
Summary of Significant Accounting Policies and Basis of Presentation (Details) - Schedule of financial assets and liabilities are measured at fair value on a recurring basis [Line Items]
Total assets		3
Level 1 [Member] | Stock Based Liabilities [Member]
Summary of Significant Accounting Policies and Basis of Presentation (Details) - Schedule of financial assets and liabilities are measured at fair value on a recurring basis [Line Items]
Total liabilities	3	102
Level 2 [Member]
Summary of Significant Accounting Policies and Basis of Presentation (Details) - Schedule of financial assets and liabilities are measured at fair value on a recurring basis [Line Items]
Total assets
Total liabilities
Level 2 [Member] | Marketable Securities [Member]
Summary of Significant Accounting Policies and Basis of Presentation (Details) - Schedule of financial assets and liabilities are measured at fair value on a recurring basis [Line Items]
Total assets
Level 2 [Member] | Stock Based Liabilities [Member]
Summary of Significant Accounting Policies and Basis of Presentation (Details) - Schedule of financial assets and liabilities are measured at fair value on a recurring basis [Line Items]
Total liabilities
Level 3 [Member]
Summary of Significant Accounting Policies and Basis of Presentation (Details) - Schedule of financial assets and liabilities are measured at fair value on a recurring basis [Line Items]
Total assets
Total liabilities
Level 3 [Member] | Marketable Securities [Member]
Summary of Significant Accounting Policies and Basis of Presentation (Details) - Schedule of financial assets and liabilities are measured at fair value on a recurring basis [Line Items]
Total assets
Level 3 [Member] | Stock Based Liabilities [Member]
Summary of Significant Accounting Policies and Basis of Presentation (Details) - Schedule of financial assets and liabilities are measured at fair value on a recurring basis [Line Items]
Total liabilities

Investmentin Unconsolidated E_2

Investmentin Unconsolidated Entities (Details) - USD ($)	1 Months Ended		12 Months Ended
	Feb. 28, 2022	Jul. 21, 2021	Dec. 31, 2021
Investmentin Unconsolidated Entities (Details) [Line Items]
Funded amount (in Dollars)	$ 40,000		$ 40,000
WaveMax [Member]
Investmentin Unconsolidated Entities (Details) [Line Items]
Joint venture arrangement, description		Each of the Company and WaveMAX agrees to fund $120,000 (for a total of $240,000) initially upon execution of the Agreement. In addition, each of Cuentas and WaveMAX has agreed to fund an additional $127,500 over the succeeding five months, in each case, subject to approval of each party’s board of directors and expected to produce up to $500,000 from revenue in the first year of operation. The expenses of the JV Project shall include acquiring the Access Points hardware, the installation and configuration of the Access Points hardware for use with the broadband internet service at each Retail Location, entering into the necessary agreements with the Retail Locations, instore marketing and promotion of the WSN program, and expenses relating to commercialization of the digital advertising program. The Board of Directors of CUENTASMAX shall initially be comprised of four persons, two designated by Cuentas, one designated by WaveMAX, and one designated by Execon. The officers of CUENTASMAX shall be the persons from time to time designated by mutual agreement of Cuentas and WaveMAX, with the initial officers to be determined. Up to 1,000 high traffic, prime location convenience stores and “bodegas” (small community markets) will be signed up in conjunction with Cuentas’ distribution network that sells prepaid debit card, e-store, e-wallet and digital services. A fee of 2% (two percent) of the Net Revenue of CUENTASMAX will be paid by CUENTASMAX on a monthly basis as a commission to Innovateur Management SAPI de CV. WaveMax and Innovateur Management, SAPI de CV will be included in the Cuentas Share Incentive plan subject to approval by the Cuentas BOD and approval by Cuentas shareholders and Side Letter Participants at the next scheduled Annual Shareholders meeting. WaveMAX grants CUENTASMAX exclusive rights to use and deploy the WaveMAX Technology, including any and all patents owned or to be owned by WaveMAX and any and all related enhancements or applications of the WaveMAX Technology and any and all prior and subsequent improvements and/or new technology developed by WaveMAX solely in Cuentas BODEGAS network throughout the United States. The parties have agreed to expand CUENTASMAX to other areas of the US once the current deployment is in progress or has been completed. As of December 31,2021 the Company funded $40,000 in CUENTASMAX in agreement with the other parties, funded CuentasMax $40,000 in February of 2022.
Cuentas [Member]
Investmentin Unconsolidated Entities (Details) [Line Items]
Ownership and management, percentage		50.00%
WaveMax [Member]
Investmentin Unconsolidated Entities (Details) [Line Items]
Ownership and management, percentage		25.00%
Consultoria y Asesoria de Redes [Member]
Investmentin Unconsolidated Entities (Details) [Line Items]
Ownership and management, percentage		25.00%

Intangible assets (Details)

Intangible assets (Details) - USD ($)	Mar. 05, 2021	Dec. 31, 2019	Dec. 31, 2021	Dec. 31, 2020
Intangible assets (Details) [Line Items]
Common stock, par value (in Dollars per share)			$ 0.001	$ 0.001
Expected useful life	60 years		60 years
Estimated fair value amount	$ 47
Amortization expense			$ 1,809	$ 1,800
Perpetual Software License [Member]
Intangible assets (Details) [Line Items]
Acquired intangible assets			$ 9,000
License Agreement Cima [Member]
Intangible assets (Details) [Line Items]
Licensing fee		$ 9,000
Common stock, percentage		25.00%
License Agreement Cima [Member] | Common Stock [Member]
Intangible assets (Details) [Line Items]
Common stock, par value (in Dollars per share)		$ 0.001

Intangible assets (Details) - S

Intangible assets (Details) - Schedule of intangible assets - USD ($) $ in Thousands	Mar. 05, 2021	Dec. 31, 2021
Indefinite-lived Intangible Assets [Line Items]
Intangible Assets, Amount	$ 47	$ 9,000
Total, Life	60 months	60 months
Intangible Assets [Member]
Indefinite-lived Intangible Assets [Line Items]
Intangible Assets, Amount	$ 47	$ 9,000
Total, Life	60 months	60 months

Intangible assets (Details) -_2

Intangible assets (Details) - Schedule of amortization of intangible assets $ in Thousands	Dec. 31, 2021USD ($)
Schedule of amortization of intangible assets [Abstract]
2022	$ 1,810
2023	1,810
2024	1,810
2025	8
Total	$ 5,438

Other Accounts Liabilities (Det

Other Accounts Liabilities (Details) - Schedule of other accounts liabilities - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Schedule of other accounts liabilities [Abstract]
Accrued expenses, interest and other liabilities	$ 1,063	$ 76
Accrued salaries, bonuses and wages	63	2,119
Total	$ 1,126	$ 2,195

Convertible Notes Payable (Deta

Convertible Notes Payable (Details) - USD ($) $ / shares in Units, $ in Thousands	Nov. 12, 2020	Apr. 20, 2021	Sep. 15, 2020	Dec. 31, 2021	Dec. 31, 2020
Convertible Notes Payable [Abstract]
Issuance of promissory note	$ 250		$ 605
Maturity date	Nov. 12, 2021		Sep. 14, 2021
Interest at a rate percentage	10.00%		12.00%
Original issuance of discount amount			$ 60
Issuance of expenses			40
Net proceeds amount			$ 505
Common stock, issued (in Shares)		30,233	56,725	14,965,690	10,590,491
Common stock issued for consideration of commitment fees (in Shares)			13,200
Debt Instrument, Convertible, Conversion Price (in Dollars per share)	$ 6.875
Loan and accrued interest		$ 260
Interest accrued description		The Company paid an amount equal to $125 plus $5, which represents the amount of interest accrued on such $125 since the date on which the loan was made under the Note through April 16, 2021.

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)

Aug. 26, 2021

Aug. 25, 2021

Aug. 05, 2021

Aug. 02, 2021

Mar. 05, 2021

Dec. 15, 2020

Jul. 24, 2020

Jan. 29, 2019

Dec. 31, 2019

Dec. 31, 2021

Dec. 31, 2020

Aug. 25, 2020

Related Party Transactions (Details) [Line Items]

Related party transactions, description

the United States Bankruptcy Court Southern District of Florida, Miami Division, approved a plan of reorganization for Next Communications, Inc. whereby the Company would pay $600,000 to a specific creditor in consideration for the forgiveness of the balance of the related party payable balance. On March 5, 2019, Cuentas paid $60,000 to the trust account of the specific creditor and on May 10, 2019, the Company paid $550,000 to the trust account of the specific creditor per the order and satisfied its obligation under the Approved Plan of the Reorganization for Next Communications, Inc., that was approved by the United States Bankruptcy Court Southern District of Florida, Miami Division, on January 29, 2019.

(a)Next Cala 360, is a Florida corporation established and managed by the Company’s Executive Chairman. (b) Next Communication, Inc. is a corporation in which the Company’s Executive Chairman holds a controlling interest and serves as the Chief Executive Officer of Next Communications. See disclosure above regarding payments by the Company in connection with the bankruptcy of Next Communication, Inc.   (c) Due to the April 6, 2020 Loan Agreement with the Company to borrow up to $462 at an annual interest rate of nine percent (9.0%) (the second “Dinar Zuz Note”). On March 5, 2021 the Company fully prepaid its loan to Dinar Zuz.  (d)Composed from annual fees in the amount of $250 for the maintenance and support services in accordance with the software maintenance agreement for the second calendar year from the Effective Date and other software development services.

Employment agreements term description

In consideration of Mr. Johnson’s agreement to enter into the Johnson Employment Agreement and remain with the Company, Mr. Johnson was to receive a one-time signing bonus in the amount of two hundred thousand dollars ($200), which is to be paid in two (2) installments: the first installment of one hundred thousand dollars ($100) to be paid on the Company’s next regular payday following the hire date of August 25, 2021, which was paid on August 30, 2021, and the second installment of one hundred thousand dollars ($100) to be paid on Company’s next regular payday following the first (1st) anniversary of the hire date of August 25, 2021, provided that Mr. Johnson is employed by the Company on such relevant payment date.

Accrued bonus description

Half of the bonus $250 was paid in cash and half will be paid in Common stock of the Company .

Payment description

On August 2, 2021, the Company’s Board of Directors approved the payment of the remainder of the up-listing bonus to Mr. Maimon and Mr. De Prado in the amount of $250 for each of them. On the same date, the Company paid $250 to Mr. Maimon and $250 for Mr. De Prado as described above.

Salary

$ 300,000

$ 245,000

Salaries and wages percentage

100.00%

Bonus payment percentage

2.50%

Common stock, par value

$ 0.001

$ 0.001

License agreement, description

Pursuant to the License Agreement, the Company shall pay CIMA annual fees for the maintenance and support services in accordance with the following schedule: (i) for the first (1st) calendar year from the Effective Date, $300 were paid in 2020; (ii) for the second (2nd) calendar year from the Effective Date, $500 , were paid in 2021; (iii) for the third (3rd) calendar year from the Effective Date, $700 to be paid during 2022; (iv) for the fourth (4th) calendar year from the Effective Date, $1,000 to be paid on December 31, 2022; (v) for the fifth (5th) calendar year from the Effective Date, $640 to be paid on December 31, 2022; and (vi) for each calendar year thereafter, $640 to be paid on the anniversary date

Consulting agreement percentage

25.00%

Monthly fees amount

$ 5,000

Mr. Johnson [Member]

Related Party Transactions (Details) [Line Items]

Employment agreements term description

the Company shall issue to Mr. Johnson an option to purchase up to an aggregate of five hundred thousand (500,000) shares of Common Stock; furthermore, if the Company’s shareholders do not approve the 2021 Plan, Mr. Johnson will have the right to immediately terminate the Johnson Employment Agreement. These options shall vest on the following schedule: (1) options to purchase one hundred twenty-five thousand (125,000) shares of Common Stock shall vest on the date of the grant; and, (2) one hundred eighty-seven thousand and five hundred (187,500) shares of Common Stock shall vest on each of the first and second year anniversary of the date of grant

Mr. Maimon [Member]

Related Party Transactions (Details) [Line Items]

Employment agreements term description

Pursuant to the terms of his Compensation Agreement, Mr. Maimon will receive an annual base salary of two hundred ninety-five thousand dollars ($295) per year, and pursuant to the terms of his Compensation Agreement, Mr. De Prado will receive an annual base salary of two hundred seventy-five thousand dollars ($275) per year, and each will be eligible for an annual incentive payment of up to one hundred percent (100%) of their respective base salary, which annual incentive payment shall be based on the Company’s performance as compared to the goals established by the Company’s Board of Directors in consultation with each Executive, respectively.

Dinar Zuz LLC [Member]

Related Party Transactions (Details) [Line Items]

Loan amount

$ 462,000

$ 355,000

Arik Maimon [Member]

Related Party Transactions (Details) [Line Items]

Loan amount

$ 50,000

Annual interest rate percentage

9.00%

License Agreement Cima [Member]

Related Party Transactions (Details) [Line Items]

Licensing fee

$ 9,000

Common stock, percentage

25.00%

Common Stock [Member] | License Agreement Cima [Member]

Related Party Transactions (Details) [Line Items]

Common stock, par value

$ 0.001

Employment Agreements [Member] | Arik Maimon [Member]

Related Party Transactions (Details) [Line Items]

Employment agreements term description

Pursuant to the terms of the New Employment Agreements, among other things:     (1) De Prado will receive the following compensation: (1) (a) a base salary of $265,000 per annum; (b) a Funding Bonus equal to 0.5% of the amount of the funding that exceeds the Funding Threshold; (c) a change of control bonus, if applicable; (d) participation in the Company’s employee benefits plan;     (2) Maimon will receive the following compensation: (a) a base salary of $295,000 per annum; (b) a Funding Bonus equal to 0.5% of the amount of the funding that exceeds the Funding Threshold; (c) a change of control bonus, if applicable; (d) participation in the Company’s employee benefits plan;     (3) For each Executive, the term of the Agreement shall end on the earlier of (i) the date that is four months following the Effective Date or (ii) the date that the Company appoints a new president or chief operating officer but the Company can extend the Employment Term on a month to month basis with the approval of both Dinar and CIMA until a new president or chief operating officer is appointed. Upon expiration of the Employment Term (other than a termination by the Company for “Cause”), the Executive will entitled to a special board compensation package with annual compensation equal to the Annual Base Salary (pro-rated for any partial year of service), beginning on the Expiration or Termination Date and ending 18 months later, provided that such payments will cease if the Executive resigns as a member of the Board during such period.  The Board Compensation Period may be extended from year to year for an additional 12 months (for up to 36 months in total) if two of three of the then-current chief executive officer of the Company, Dinar and CIMA agree to extend the period for an additional 12 months. The Executive’s right to receive the Special Board Compensation shall be subject to the Board’s determination that he has complied with his obligations under this Agreement.  The Executive will remain on the Board until he resigns, is not re-elected or is removed from the Board in accordance with the Company’s practice for removal of directors.     (4) Pursuant to the terms of the New Employment Agreements, the Executives are entitled to severance in the event of certain terminations of his employment. The Executives are entitled to participate in the Company’s employee benefit, pension and/or profit-sharing plans, and the Company will pay certain health and dental premiums on their behalf.     (5) Each of the Executives are entitled to travel and expense reimbursement;   (6)The Executives have agreed to a one-year non-competition agreement following the termination of their employment.

Special bonus amount

$ 500,000

Related Party Transactions (D_2

Related Party Transactions (Details) - Schedule of related party balances - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
Schedule of related party balances [Abstract]
Next Cala 360	[1]		$ 54
Total Due from related parties			54
Due to Next Communications, Inc. (current)	[2]		10
Principal and interest due to Dinar Zuz LLC	[3]		355
Due to Cima Telecom Inc.	[4]	250	417
Total Due from related parties		$ 250	$ 782
[1]	Next Communication, Inc. is a corporation in which the Company’s Chief Executive Officer a controlling interest and serves as the Chief Executive Officer. See disclosure above regarding payments by the Company in connection with the bankruptcy of Next Communication, Inc.
[2]	Next Cala 360, is a Florida corporation established and managed by the Company’s Chief Executive Officer.
[3]	Due to the April 6, 2020 Loan Agreement with the Company to borrow up to $462 at an annual interest rate of nine percent (9.0%) (the second “Dinar Zuz Note”). On March 5, 2021 the Company fully prepaid its loan to Dinar Zuz.
[4]	Composed from annual fees in the amount of $250 for the maintenance and support services in accordance with the software maintenance agreement for the second calendar year from the Effective Date and other software development services.

Stock Options (Details)

Stock Options (Details) - USD ($)	Nov. 03, 2021	Dec. 31, 2021
Stock Options (Details) [Line Items]
Estimated fair value		$ 4,340,000
Executive Officer [Member]
Stock Options (Details) [Line Items]
Stock option	$ 1,550,000

Stock Options (Details) - Sched

Stock Options (Details) - Schedule of stock options to executives’ officers and non-employee directors	12 Months Ended
	Dec. 31, 2021$ / sharesshares
Jeffery D Johnson [Member]
Stock Options (Details) - Schedule of stock options to executives’ officers and non-employee directors [Line Items]
Number of Options | shares	500,000
Vesting Schedule	125,000 on grant date. 187,5,000 on each of the next 2 Employment Anniversaries.
Exercise Price | $ / shares	$ 2.8
Shalom Arik Maimon [Member]
Stock Options (Details) - Schedule of stock options to executives’ officers and non-employee directors [Line Items]
Number of Options | shares	200,000
Vesting Schedule	50% on grant date; 50% on 12 month anniversary of grant date
Exercise Price | $ / shares	$ 2.8
Michael DePrado [Member]
Stock Options (Details) - Schedule of stock options to executives’ officers and non-employee directors [Line Items]
Number of Options | shares	150,000
Vesting Schedule	50% on grant date; 50% on 12 month anniversary of grant date
Exercise Price | $ / shares	$ 2.8
Ran Daniel [Member]
Stock Options (Details) - Schedule of stock options to executives’ officers and non-employee directors [Line Items]
Number of Options | shares	100,000
Vesting Schedule	50% on grant date; 50% on 12 month anniversary of grant date
Exercise Price | $ / shares	$ 2.8
Richard Berman [Member]
Stock Options (Details) - Schedule of stock options to executives’ officers and non-employee directors [Line Items]
Number of Options | shares	100,000
Vesting Schedule	50% on grant date; 50% on 12 month anniversary of grant date
Exercise Price | $ / shares	$ 2.8
Yochanon Bruk [Member]
Stock Options (Details) - Schedule of stock options to executives’ officers and non-employee directors [Line Items]
Number of Options | shares	100,000
Vesting Schedule	50% on grant date; 50% on 12 month anniversary of grant date
Exercise Price | $ / shares	$ 2.8
Jeff Lewis [Member]
Stock Options (Details) - Schedule of stock options to executives’ officers and non-employee directors [Line Items]
Number of Options | shares	100,000
Vesting Schedule	50% on grant date; 50% on 12 month anniversary of grant date
Exercise Price | $ / shares	$ 2.8
David Schottenstein [Member]
Stock Options (Details) - Schedule of stock options to executives’ officers and non-employee directors [Line Items]
Number of Options | shares	100,000
Vesting Schedule	50% on grant date; 50% on 12 month anniversary of grant date
Exercise Price | $ / shares	$ 2.8
Adiv Baruch [Member]
Stock Options (Details) - Schedule of stock options to executives’ officers and non-employee directors [Line Items]
Number of Options | shares	100,000
Vesting Schedule	50% on grant date; 50% on 12 month anniversary of grant date
Exercise Price | $ / shares	$ 2.8
Carol Pepper [Member]
Stock Options (Details) - Schedule of stock options to executives’ officers and non-employee directors [Line Items]
Number of Options | shares	100,000
Vesting Schedule	50% on grant date; 50% on 12 month anniversary of grant date
Exercise Price | $ / shares	$ 2.8

Stock Options (Details) - Sch_2

Stock Options (Details) - Schedule of Black-Scholes option pricing model	12 Months Ended
	Dec. 31, 2021$ / shares
Schedule of Black-Scholes option pricing model [Abstract]
Common stock price (in Dollars per share)	$ 2.8
Dividend yield	0.00%
Risk-free interest rate	1.60%
Expected term (years)	10 years
Expected volatility	480.00%

Stock Options (Details) - Sch_3

Stock Options (Details) - Schedule of stock option activity - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Schedule of stock option activity [Abstract]
Shares, Outstanding, Beginning	135,200	84,818
Weighted- Average Exercise Price Per Share, Outstanding, Beginning	$ 11.18	$ 31.97
Shares, Granted	1,550,000	79,200
Weighted- Average Exercise Price Per Share, Granted	$ 2.8	$ 14.35
Shares, Forfeited	100,000	28,818
Weighted- Average Exercise Price Per Share, Forfeited	$ 2.8	$ 81.12
Shares, Outstanding, Ending	1,585,200	135,200
Weighted- Average Exercise Price Per Share, Outstanding, Ending	$ 3.69	$ 11.18

Stock Options (Details) - Sch_4

Stock Options (Details) - Schedule of information regarding outstanding and exercisable options - Stock Option [Member] - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Stock Options (Details) - Schedule of information regarding outstanding and exercisable options [Line Items]
Outstanding, Number of Option Shares (in Shares)	1,585,200	135,200
Outstanding, Weighted Average Exercise Price	$ 3.69	$ 11.18
Outstanding, Weighted Average Remaining Life (Years)	9 years 1 month 17 days	2 years 6 months 3 days
Exercisable, Number of Option Shares (in Shares)	920,200	135,200
Exercisable, Weighted Average Exercise Price	$ 4.24	$ 11.18
14.35 [Member]
Stock Options (Details) - Schedule of information regarding outstanding and exercisable options [Line Items]
Exercise Prices	$ 14.35	$ 14.35
Outstanding, Number of Option Shares (in Shares)	79,200	79,200
Outstanding, Weighted Average Exercise Price	$ 14.35	$ 14.35
Outstanding, Weighted Average Remaining Life (Years)	1 year 2 months 26 days	2 years 2 months 26 days
Exercisable, Number of Option Shares (in Shares)	79,200	79,200
Exercisable, Weighted Average Exercise Price	$ 14.35	$ 14.35
7.50 [Member]
Stock Options (Details) - Schedule of information regarding outstanding and exercisable options [Line Items]
Exercise Prices	$ 7.5	$ 7.5
Outstanding, Number of Option Shares (in Shares)	36,000	36,000
Outstanding, Weighted Average Exercise Price	$ 7.5	$ 7.5
Outstanding, Weighted Average Remaining Life (Years)	1 year 8 months 15 days	2 years 8 months 15 days
Exercisable, Number of Option Shares (in Shares)	36,000	36,000
Exercisable, Weighted Average Exercise Price	$ 7.5	$ 7.5
5.23 [Member]
Stock Options (Details) - Schedule of information regarding outstanding and exercisable options [Line Items]
Exercise Prices	$ 5.23	$ 5.23
Outstanding, Number of Option Shares (in Shares)	20,000	20,000
Outstanding, Weighted Average Exercise Price	$ 5.23	$ 5.23
Outstanding, Weighted Average Remaining Life (Years)	2 years 2 months 26 days	3 years 2 months 26 days
Exercisable, Number of Option Shares (in Shares)	20,000	20,000
Exercisable, Weighted Average Exercise Price	$ 5.23	$ 5.23
2.80 [Member]
Stock Options (Details) - Schedule of information regarding outstanding and exercisable options [Line Items]
Exercise Prices	$ 2.8
Outstanding, Number of Option Shares (in Shares)	1,450,000
Outstanding, Weighted Average Exercise Price	$ 2.8
Outstanding, Weighted Average Remaining Life (Years)	9 years 10 months 2 days
Exercisable, Number of Option Shares (in Shares)	785,000
Exercisable, Weighted Average Exercise Price	$ 2.8

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($) $ / shares in Units, $ in Thousands	Jul. 02, 2021	Jul. 01, 2021	Mar. 04, 2021	Feb. 04, 2020	Jun. 17, 2021	Apr. 20, 2021	Mar. 17, 2021	Feb. 02, 2021	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2020	Sep. 14, 2021	Sep. 15, 2020	Nov. 20, 2015
Stockholders' Equity (Details) [Line Items]
Shares authorized										360,000,000	360,000,000			9,500,000,000
Common stock par value (in Dollars per share)										$ 0.001	$ 0.001
Common stock shares, issued						30,233				14,965,690	10,590,491		56,725
Fair market value (in Dollars)								$ 245
Sold an aggregate of units				2,790,697
Unit price per share (in Dollars per share)				$ 4.3
Common stock, par value (in Dollars per share)				0.001
Exercise price per share (in Dollars per share)				$ 4.3
Option to purchase additional shares										135,200	135,200
Total expenses of offering (in Dollars)										$ 1,400
Shares issued		2,943				30,233
Accrued interest (in Dollars)						$ 260
Principal amount description						The Company paid an amount equal to $125 plus $5, which represents the amount of interest accrued on such $125 since the date on which the loan was made under the Note through April 16, 2021.
Fair value of market (in Dollars)						$ 81						$ 223
Issuance of common shares					1,800,000
Warrants offering cost	1,095,500	57,500							298,500
Converted common stock shares	1,095,500	57,500							298,500
Consideration of shares price (in Dollars)	$ 4,711	$ 247							$ 1,204
Exercise of warrant		6,667
Common Stock, Dividends, Per Share, Declared (in Dollars per share)	$ 4.3
Underwriting Agreement [Member]
Stockholders' Equity (Details) [Line Items]
Option to purchase additional shares				418,604
Gross proceeds (in Dollars)				$ 12,000
Discounts and commissions				8.00%
Underwriter’s warrants, description				Pursuant to the Underwriting Agreement, the Company also agreed to issue to Maxim warrants (the “Underwriter’s Warrants”) to purchase up to a total of 223,256 shares of Common Stock (8% of the shares of Common Stock sold in the Offering). The Underwriter’s Warrants are exercisable at $5.375 per share of Common Stock and have a term of five years.
Service Agreement [Member]
Stockholders' Equity (Details) [Line Items]
Fair market value (in Dollars)							$ 38
Option to purchase additional shares			418,604
Shares issued							10,000					70,000
Over-Allotment Option [Member] | Underwriting Agreement [Member]
Stockholders' Equity (Details) [Line Items]
Option to purchase additional shares				418,604
Chief Financial Officer [Member] | Common Stock [Member]
Stockholders' Equity (Details) [Line Items]
Common stock shares, issued								20,000
Board of Directors [Member] | Common Stock [Member]
Stockholders' Equity (Details) [Line Items]
Common stock shares, issued								40,000
Former Employee [Member] | Common Stock [Member]
Stockholders' Equity (Details) [Line Items]
Common stock shares, issued								3,334

Stockholders' Equity (Details)

Stockholders' Equity (Details) - Schedule of common stock activity	12 Months Ended
	Dec. 31, 2021shares
Schedule of common stock activity [Abstract]
Balance, December 31, 2020	10,590,491
Shares of Common Stock issued in public offering	2,790,697
Shares issued due to exercise of Warrants	1,454,443
Roundup Differences due to Reverse Split	17
Shares issued due to conversion of Convertible Note	30,233
Return of commitment shares	(43,525)
Shares issued for services	80,000
Shares issued to employees	63,334
Balance, December 31, 2021	14,965,690

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($)

Jul. 15, 2021

Apr. 02, 2021

May 01, 2019

Dec. 07, 2018

Nov. 07, 2018

May 25, 2021

Nov. 16, 2020

Jan. 29, 2019

Oct. 25, 2018

Oct. 23, 2018

Dec. 20, 2017

Dec. 31, 2021

Commitments and Contingencies (Details) [Line Items]

Legal settlement alleging claim, description

a complaint was filed by J. P. Carey Enterprises, Inc. (“JP Carey”) alleging a claim for $473 related to Franjose Yglesias-Bertheau, a former Vice President of PLKD. Even though the Company made the agreed payment of $10on January 2, 2017 and issued 6,001 shares of Common Stock as conversion of the $70,000 note as agreed in its settlement agreement, JP Carey alleges damages that the Company claims are without merit because JP Carey received full compensation as agreed.

Commitments and contingencies, description

The arbitration demand originated from another demand for arbitration that Secure IP received from VoIP Capital International (“VoIP”) in March 2019, demanding $1,053 in damages allegedly caused by unpaid receivables that Limecom assigned to VoIP based on the RCS. On or about October 5, 2020, the trial court appointed a receiver over Limecom, Inc. (“Limecom”) in the matter of Spectrum Intelligence Communications Agency, LLC. v. Limecom, Inc., case no. 2018-027150-CA-01 pending in the 11th Circuit for Miami-Dade County, Florida. On June 5, 2020, Secure IP Telecom, Inc. (“Secure IP”) filed a complaint against Limecom, Heritage Ventures Limited (“Heritage”), an unrelated third party and owner of Limecom, and the Company, case no. 20-11972-CA-01. Secure IP alleges that the Company received certain transfers from Limecom during the period that the Company wholly owned Limecom that may be an avoidable under Florida Statute § 725.105. On July 13, 2021, the two cases were consolidated, and are now pending before the same trial court under the former case number. The Company has answered and denied any liability with respect to both complaints. To the extent the Company has exposure for any transfers from Limecom, Heritage have indemnified the Company for any such liability and the Company has a pending cross-claim against Heritage for purposes of enforcing the indemnification obligatiion. A review of the books and records of the Company reflect aggregate transfers from Limecom to the Company or its affiliates of less than $600,000. The Company’s books and records reflect that the Company fully reimbursed Limecom through direct payment of expenses of Limecom and through issuance of shares by the Company to employees or other vendors on behalf of Limecom for settlement and release of claims the employees or vendors may have asserted against Limecom. The books and records of the Company therefore do not reflect an identifiable avoidable transfer, but this analysis may change as the discovery process continues. At this time, based upon an analysis of the Company’s books and records, the loss contingency is not capable of reasonable estimation under the above circumstances, and the likelihood of an adverse judgment is not probable at this time. An adverse judgment in this matter is reasonably possible and based upon an analysis of litigation costs and likelihood of a settlement, the undersigned recommends a litigation reserve of $200,000 to $300,000.

On January 29, 2019, the Company was served with another complaint by JP Carey claiming similar issues as to the previous complaint, with the new claimed damages totaling $1,108.

Accrued amount

$ 300,000

Shares of common stock (in Shares)

74,558

Payment of cash

$ 265,000

Stolen wages

60,000

Total settlement payment

$ 200,000

Rental payments

$ 7,000

JP Carey [Member]

Commitments and Contingencies (Details) [Line Items]

Payment from related party

$ 141,000

Telco Cuba Inc. [Member]

Commitments and Contingencies (Details) [Line Items]

Service provider amount

$ 15,000

Advertising and other damages

$ 50,000

IDT Domestic Telecom, Inc [Member]

Commitments and Contingencies (Details) [Line Items]

Claim for related party

$ 50,000

Michael Naparstek [Member]

Commitments and Contingencies (Details) [Line Items]

Commitments and contingencies, description

Limecom was a subsidiary of the Company during this period but since the Limecom Acquisition was rescinded on January 30, 2019, and Limecom agreed to indemnify and hold harmless the Company from this and other debts.

Software and Viteo LLC's [Member]

Commitments and Contingencies (Details) [Line Items]

Consulting fees

$ 180,000

Viteo LLC and Vitaliy Yurchenko [Member]

Commitments and Contingencies (Details) [Line Items]

Consulting fees

$ 1,095,000

Segments Of Operations (Details

Segments Of Operations (Details) - Schedule of segments of operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Net sales, Total revenue	$ 593	$ 558
Gross profit (loss), Total revenue	124	(139)
Long lived assets, Total revenue	5,400	7,200
Telecommunications [Member]
Segment Reporting Information [Line Items]
Net sales, Total revenue	525	439
Gross profit (loss), Total revenue	212	(20)
Long lived assets, Total revenue
General Purpose Reloadable Cards [Member]
Segment Reporting Information [Line Items]
Net sales, Total revenue	68	119
Gross profit (loss), Total revenue	(88)	(119)
Long lived assets, Total revenue	$ 5,400	$ 7,200

Income Taxes (Details)

Income Taxes (Details) - USD ($)	1 Months Ended	12 Months Ended
	Dec. 22, 2017	Dec. 31, 2021	Dec. 31, 2020
Income Taxes (Details) [Line Items]
Federal income tax rate, percentage		26.50%	26.50%
Tax credits, percentage	50.00%
Income tax benefits (in Dollars)		$ 0	$ 0
Maximum [Member]
Income Taxes (Details) [Line Items]
Federal income tax rate, percentage	35.00%
Blended tax rate	39.50%
Minimum [Member]
Income Taxes (Details) [Line Items]
Federal income tax rate, percentage	21.00%
Blended tax rate	26.50%

Income Taxes (Details) - Schedu

Income Taxes (Details) - Schedule of actual tax expense - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Schedule of actual tax expense [Abstract]
Loss before taxes, as reported in the consolidated statements of operations	$ 10,728	$ 7,483
Federal and State statutory rate	26.50%	26.50%
Theoretical tax benefit on the above amount at federal statutory tax rate	$ 2,842	$ 1,983
Losses and other items for which a valuation allowance was provided or benefit from loss carry forward	(2,842)	(1,983)
Actual tax income (expense)

Income Taxes (Details) - Sche_2

Income Taxes (Details) - Schedule of deferred tax assets - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Deferred tax assets:
Net operating loss carry-forward	$ 5,464	$ 3,185
Adjustments	(1,015)	(315)
Valuation allowance	(4,449)	(2,870)
Net deferred tax asset

Income Taxes (Details) - Sche_3

Income Taxes (Details) - Schedule of valuation allowance $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)
Schedule of valuation allowance [Abstract]
Valuation allowance, December 31, 2020	$ 2,870
Increase	1,579
Valuation allowance, December 31, 2021	$ 4,449

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event [Member]	Jan. 05, 2022USD ($)
Subsequent Events (Details) [Line Items]
Potential acquisition, percentage	100.00%
Exchange fee	$ 3,200,000
Escrow deposit	2,000,000
Repayment of additional loans	1,000,000
IDT Domestic Telecom [Member]
Subsequent Events (Details) [Line Items]
Settlement payment	20
Vitco LLC and Vitaliy Yurchenko [Member]
Subsequent Events (Details) [Line Items]
Settlement payment	$ 200