N2OFF (NITO) 10-Q 14 Nov 22 2022 Q3 Quarterly report Financial data

Cover

Cover	9 Months Ended
	Sep. 30, 2022 shares
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2022
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity File Number	001-40403
Entity Registrant Name	SAVE FOODS, INC.
Entity Central Index Key	0001789192
Entity Tax Identification Number	26-4684680
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	HaPardes 134 (Meshek Sander)
Entity Address, City or Town	Neve Yarak
Entity Address, Country	IL
Entity Address, Postal Zip Code	4994500
City Area Code	347
Local Phone Number	468 9583
Title of 12(b) Security	Common Stock, Par value $0.0001 per share
Trading Symbol	SVFD
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	4,554,636

Condensed Consolidated Interim

Condensed Consolidated Interim Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Current Assets
Cash and cash equivalents	$ 6,689,979	$ 6,750,938
Restricted cash	49,707	56,674
Accounts receivable, net	49,329	172,630
Inventories	84,861	22,603
Other current assets	634,671	226,252
Total Current assets	7,508,547	7,229,097
Right-of-use asset arising from operating lease	134,577	129,613
Property and equipment, net	118,009	100,944
Funds in respect of employee rights upon retirement	125,462	137,625
Total assets	7,886,595	7,597,279
Current Liabilities
Short-term loan from banking institutions	1,858	8,390
Accounts payable	345,922	539,360
Other liabilities	315,766	383,554
Total current liabilities	663,546	931,304
Operating lease liabilities	58,152	87,287
Liability for employee rights upon retirement	148,319	166,077
Total liabilities	870,017	1,184,668
Stockholders’ Equity
Common Stock $ 0.0001 par value per share (“Common Stock”): 495,000,000 shares authorized as of September 30, 2022 and December 31, 2021; issued and outstanding 4,554,636 and 2,806,536 shares as of September 30, 2022 and December 31, 2021, respectively.	457	281
Preferred Stock $ 0.0001 par value per share (“Preferred Stock”): 5,000,000 shares authorized as of September 30, 2022 and December 31, 2021; issued and outstanding 0 shares as of September 30, 2022 and December 31, 2021.
Additional paid-in capital	28,582,657	23,607,503
Foreign currency translation adjustments	(26,275)	(26,275)
Accumulated deficit	(21,444,060)	(17,098,227)
Total	7,112,779	6,483,282
Non-controlling interests	(96,201)	(70,671)
Total stockholders’ equity	7,016,578	6,412,611
Total liabilities and stockholders’ equity	$ 7,886,595	$ 7,597,279

Condensed Consolidated Interi_2

Condensed Consolidated Interim Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2022	Dec. 31, 2021	Dec. 31, 2003
Statement of Financial Position [Abstract]
Common stock par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	495,000,000	495,000,000
Common stock, shares issued	4,554,636	2,806,536
Common stock, shares outstanding	4,554,636		2,806,536
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0

Condensed Consolidated Interi_3

Condensed Consolidated Interim Statements of Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
Revenues from sales of products	$ 51,233	$ 71,363	$ 169,943	$ 248,840
Cost of sales	(24,402)	(53,644)	(79,249)	(67,931)
Gross profit	26,831	17,719	90,694	180,909
Research and development expenses	(198,501)	(66,470)	(521,239)	(363,003)
Selling and marketing expenses	(117,107)	(69,019)	(440,156)	(102,428)
General and administrative expenses	(1,479,064)	(1,174,737)	(3,519,746)	(2,847,444)
Operating loss	(1,767,841)	(1,292,507)	(4,390,447)	(3,131,966)
Financing income (expenses), net	(1,334)	(7,776)	17,498	(163,837)
Comprehensive loss	(1,769,175)	(1,300,283)	(4,372,949)	(3,295,803)
Less: net loss attributable to non-controlling interests	9,762	13,202	27,116	34,879
Net loss attributable to the Company’s stockholders’ equity	$ (1,759,413)	$ (1,287,081)	$ (4,345,833)	$ (3,260,924)
Loss per share (basic and diluted)	$ (0.48)	$ (0.46)	$ (1.39)	$ (1.49)
Basic and diluted weighted average number of shares of Common Stock outstanding	3,701,631	2,786,451	3,131,047	2,188,365

Condensed Consolidated Interi_4

Condensed Consolidated Interim Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Foreign Currency Translation Adjustments [Member]	Retained Earnings [Member]	Stockholders Equity [Member]	Noncontrolling Interest [Member]	Total
Beginning balance, value at Dec. 31, 2020	$ 161	$ 11,867,585	$ (26,275)	$ (12,277,647)	$ (436,176)	$ (29,277)	$ (465,453)
Balance shares at Dec. 31, 2020	1,606,765
Stock based compensation to employees and directors		83,605			83,605	895	84,500
Comprehensive loss for the period				(492,402)	(492,402)	(1,893)	(494,295)
Ending balance, value at Mar. 31, 2021	$ 161	11,951,190	(26,275)	(12,770,049)	(844,973)	(30,275)	(875,248)
Ending Balance shares at Mar. 31, 2021	1,606,765
Beginning balance, value at Dec. 31, 2020	$ 161	11,867,585	(26,275)	(12,277,647)	(436,176)	(29,277)	(465,453)
Balance shares at Dec. 31, 2020	1,606,765
Comprehensive loss for the period							(3,295,803)
Ending balance, value at Sep. 30, 2021	$ 280	23,451,533	(26,275)	(15,538,571)	7,886,967	(61,063)	7,825,904
Ending Balance shares at Sep. 30, 2021	2,792,836
Beginning balance, value at Mar. 31, 2021	$ 161	11,951,190	(26,275)	(12,770,049)	(844,973)	(30,275)	(875,248)
Balance shares at Mar. 31, 2021	1,606,765
Stock based compensation to employees and directors		60,227			60,227	1,331	61,558
Comprehensive loss for the period				(1,481,441)	(1,481,441)	(19,784)	(1,501,225)
Issuance of shares, net of issuance costs of $1,542,138	$ 109	10,457,753			10,457,862		10,457,862
Issuance of shares, net of issuance costs, shares	1,090,909
Issuance of shares to employees and services providers	$ 1	126,599			126,600		126,600
Conversion of convertible loans	$ 7	648,403			648,410		648,410
Conversion of convertible loans, shares	66,877
Share based compensation for services providers, shares	12,000
Ending balance, value at Jun. 30, 2021	$ 278	23,244,172	(26,275)	(14,251,490)	8,966,685	(48,728)	8,917,957
Ending Balance shares at Jun. 30, 2021	2,776,551
Stock based compensation to employees and directors		56,041			56,041	867	56,908
Comprehensive loss for the period				(1,287,081)	(1,287,081)	(13,202)	(1,300,283)
Issuance of shares to employees and services providers	$ 2	151,320			151,322		151,322
Share based compensation for services providers, shares	16,285
Ending balance, value at Sep. 30, 2021	$ 280	23,451,533	(26,275)	(15,538,571)	7,886,967	(61,063)	7,825,904
Ending Balance shares at Sep. 30, 2021	2,792,836
Beginning balance, value at Dec. 31, 2021	$ 281	23,607,503	(26,275)	(17,098,227)	6,483,282	(70,671)	6,412,611
Balance shares at Dec. 31, 2021	2,806,536
Issuance of shares to employees and services providers	$ 4	279,139			279,143	591	279,734
Issuance of shares to employees and services providers, shares	35,500
Stock based compensation to employees and directors		11,642			11,642	180	11,822
Comprehensive loss for the period				(1,329,750)	(1,329,750)	(10,020)	(1,339,770)
Ending balance, value at Mar. 31, 2022	$ 285	23,898,284	(26,275)	(18,427,977)	5,444,317	(79,920)	5,364,397
Ending Balance shares at Mar. 31, 2022	2,842,036
Beginning balance, value at Dec. 31, 2021	$ 281	23,607,503	(26,275)	(17,098,227)	6,483,282	(70,671)	6,412,611
Balance shares at Dec. 31, 2021	2,806,536
Comprehensive loss for the period							(4,372,949)
Ending balance, value at Sep. 30, 2022	$ 457	28,582,657	(26,275)	(21,444,060)	7,112,779	(96,201)	7,016,578
Ending Balance shares at Sep. 30, 2022	4,554,636
Beginning balance, value at Mar. 31, 2022	$ 285	23,898,284	(26,275)	(18,427,977)	5,444,317	(79,920)	5,364,397
Balance shares at Mar. 31, 2022	2,842,036
Issuance of shares to employees and services providers	$ 4	283,114			283,118		283,118
Issuance of shares to employees and services providers, shares	34,100
Stock based compensation to employees and directors		5,098			5,098	79	5,177
Comprehensive loss for the period				(1,256,670)	(1,256,670)	(7,334)	(1,264,004)
Ending balance, value at Jun. 30, 2022	$ 289	24,186,496	(26,275)	(19,684,647)	4,475,863	(87,175)	4,388,688
Ending Balance shares at Jun. 30, 2022	2,876,136
Issuance of shares to employees and services providers	$ 8	245,456			245,464		245,464
Issuance of shares to employees and services providers, shares	78,500
Comprehensive loss for the period				(1,759,413)	(1,759,413)	(9,762)	(1,769,175)
Issuance of shares, net of issuance costs of $1,542,138	$ 160	4,103,170			4,103,330		4,103,330
Issuance of shares, net of issuance costs, shares	1,600,000
Issuance of shares to employees and services providers		47,535			47,535	736	48,271
Ending balance, value at Sep. 30, 2022	$ 457	$ 28,582,657	$ (26,275)	$ (21,444,060)	$ 7,112,779	$ (96,201)	$ 7,016,578
Ending Balance shares at Sep. 30, 2022	4,554,636

Condensed Consolidated Interi_5

Condensed Consolidated Interim Statements of Changes in Stockholders' Equity (Unaudited) (Parenthetical) - USD ($)	3 Months Ended
	Sep. 30, 2022	Jun. 30, 2021
Common Stock [Member]
Issuance costs, net	$ 696,670	$ 1,542,138

Condensed Consolidated Interi_6

Condensed Consolidated Interim Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Loss for the period	$ (4,372,949)	$ (3,295,803)
Adjustments required to reconcile net loss for the period to net cash used in operating activities:
Depreciation and amortization	30,528	14,511
Increase(decrease) in liability for employee rights upon retirement	(17,758)	707
Issuance of shares to employees and services providers	641,463	277,925
Share based compensation to employees and directors	65,270	202,966
Expenses on convertible loans		116,100
Interest expenses on loans	(643)
Exchange rate differences on operating leases	(13,912)
Decrease in accounts receivable, net	123,301	111,139
Increase in inventories	(62,258)	(1,618)
Increase in other current assets	(241,566)	(600,941)
Increase (decrease) in accounts payable	(190,203)	41,665
Decrease in other liabilities	(87,975)	(56,557)
Net cash used in operating activities	(4,126,702)	(3,189,906)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	(47,593)	(15,357)
Decrease (increase) in funds in respect of employee rights upon retirement	12,163	(8,403)
Net cash used in investing activities	(35,430)	(23,760)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from convertible loans		274,000
Repayments of long-term loans from banking institutions	(5,889)	(5,829)
Proceeds from stock issued for cash, net of issuance costs	4,103,330	10,497,862
Net cash provided by financing activities	4,097,441	10,766,033
Effect of exchange rate changes on cash and cash equivalents	(3,235)	8,383
INCREASE (DECREASE) IN CASH , CASH EQUIVALENTS AND RESTRICTED CASH	(67,926)	7,560,750
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF YEAR	6,807,612	265,295
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	6,739,686	7,826,045
Non cash transactions:
Issuance of shares for future services	166,853
Initial recognition of operating lease right-of-use assets	56,671	152,472
Initial recognition of operating lease liability	56,671	152,472
Conversion of convertible loans		648,410
Deferred issuance expenses		$ 40,000

GENERAL

GENERAL	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GENERAL	NOTE 1 - GENERAL Save Foods, Inc. (the “Company”) was incorporated on April 1, 2009, under the laws of the State of Delaware. On April 27, 2009, the Company acquired from its stockholders 98.48 On May 13, 2021, the Company completed an underwritten public offering of 1,090,909 10,457,862 On August 15, 2022, the Company completed an underwritten public offering of 1,600,000 3.00 4,800,000 The Company granted the underwriter a 45-day option to purchase up to 240,000 additional shares of Common Stock of the Company to cover over-allotments at the public offering price, less the underwriting discounts and commissions. In addition, the Company issued to the underwriter as compensation, warrants to purchase up to 80,000 shares of Common Stock (5% of the aggregate number of shares of Common Stock sold in this offering). The underwriter’s warrants are exercisable at a per share exercise price equal to 125% of the public offering price per share in this offering ($3.75) Effects of the spread of the coronavirus The COVID-19 pandemic continues to create business and economic uncertainty and volatility in the global markets. Many countries around the world are experiencing further outbreaks of the pandemic, which has resulted in governments once again imposing various restrictions. At the same time, there is a recovery trend in the volume of economic activity around the world that leads, on one hand, to significant demand for certain products and services, and on the other hand, disruptions to worldwide supply chain routes and some raw materials. The Group continues to take measures to ensure the health and safety of its employees, suppliers, other business partners and the communities in which it operates in order to ensure, among others, its operation level, the proper functioning of its facilities and to minimize the pandemic’s potential impact on its business. Manufacturing continues at the Group’s sites without interruptions. However, there is still a difficulty in assessing the future impacts of the pandemic on the Group’s operations, inter alia, in light of the uncertainty of its duration, the extent of its intensity and effects on global supply chains and global markets, and additional countermeasures that may be taken by governments and central banks. SAVE FOODS, INC. NOTES TO UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION Basis of presentation The condensed interim consolidated financial statements included in this quarterly report are unaudited. These financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) and applicable rules and regulations of the SEC regarding interim financial reporting and reflect, in the opinion of management, all adjustments of a normal and recurring nature that are necessary for a fair statement of the Company’s financial position as of September 30, 2022, and its results of operations for the three and nine months ended September 30, 2022, and 2021, changes in shareholders’ equity for the three and nine months ended September 30, 2022 and 2021, and cash flows for the nine months ended September 30, 2022 and 2021. The results of operations for the three and nine months ended September 30, 2022 are not necessarily indicative of the results to be expected for the year ending December 31, 2022 or for any other future annual or interim period. These financial statements should be read in conjunction with the audited financial statements included in the Company’s Form 10-K for the year ended December 31, 2021 as filed with the SEC. The Company’s significant accounting policies are disclosed in the audited financial statements for the year ended December 31, 2021 included in the Company’s Form 10-K. Since the date of such financial statements, there have been no changes to the Company’s significant accounting policies. Use of Estimates The preparation of unaudited condensed consolidated interim financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, certain revenues and expenses, and disclosure of contingent assets and liabilities as of the date of the financial statements. Actual results could differ from those estimates. As applicable to these financial statements, the most significant estimates and assumptions relate to share based compensation.

COMMON STOCK

COMMON STOCK	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
COMMON STOCK	NOTE 3 – COMMON STOCK 1. On January 31, 2022, following the Board of Directors of Save Foods Ltd.’s appointment of Mr. Joachim Fuchs as the Chairman of the Board of Directors of Save Foods Ltd, the Board of Directors of the Company (the “Board”) approved the nomination and his consulting agreement. Based on the consulting agreement, Mr. Joachim Fuchs is entitled to a monthly fee of NIS 5,000 (approximately $ 1,600 ) and subject to the approval of the Board, 9,000 shares of Common Stock and, subject to the terms of the equity incentive plan to be adopted by the Company, options to purchase 1.5% of the Company’s’ outstanding capital stock as of the date of the agreement of which (1) 0.5% of such options shall have an exercise price of $1 and shall vest in 4 equal installments during the 12 month period commencing on the Effective Date (January 1, 2022), (2) 0.5% of such options shall have an exercise price of $1.25 and shall vest in 4 equal installments during the 12 month period following the 12 month anniversary of the Effective Date, (3) 0.5% of such options shall have an exercise price of $1.5 and shall vest in 4 equal installments during the 12 month period following the 24 month anniversary of the Effective Date. 90,665 9,000 38,790 SAVE FOODS, INC. NOTES TO UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS NOTE 3 – COMMON STOCK (continue) On August 29, 2022, the Board of Directors approved an increase in Mr. Joachim Fuchs monthly fee to $ 5,000 3,000 8,610 2. On February 1, 2022, the Company entered into a letter agreement (the “Letter Agreement”) with a consultant according to which the consultant will provide the Company with public relations, branding and other services as detailed in the Letter Agreement. As consideration for the services, the Company will issue the consultant, a warrant to purchase up to an aggregate of 77,400 shares of Common Stock, at an exercise price of $ 0.05 per share (the “ February 2022 Warrant”). The February 2022 Warrant will be issuable in five equal installments, 15,480 warrant shares upon the later of the signing of the Letter Agreement or the approval of the Letter Agreement by the Board, and four additional quarterly installments ending in February 2023. The fair value of the February 2022 Warrant was determined based on the Company’s share price as of the date of the Letter Agreement using the Black-Scholes pricing model, assuming a risk-free rate of 1.35 %, a volatility factor of 52.14 %, dividend yields of 0 % and an expected life of 0.75 years and was calculated at $ 332,859 . During the nine months ended September 30, 2022, the Company recorded $ 105,358 33,334 On July 28, 2022 the Company and the consultant entered into an amendment to the Letter Agreement according to which the consultant shall be entitled to 30,960 30,600 3. On March 10, 2022, the Company entered into an Investor Relations Agreement (the “March IR Agreement”) with a consultant for a period of 12 months. According to the Agreement, the Company will pay the consultant for his services a monthly fee of $ 11,000 14,000 103,600 57,907 SAVE FOODS, INC. NOTES TO UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS NOTE 3 – COMMON STOCK (continue) On June 27, 2022 the Company and the consultant, signed an amendment to the March IR Agreement, according to which the monthly cash payment for the three months ended September 30, 2022 would be $ 5,500 4. On January 27, 2022, and on May 2, 2022, the Company issued an aggregate of 25,000 136,000 5. On April 1, 2022, the Company entered into an Investor Relations Agreement (the “April IR Agreement”) with a consultant for a period of 90 days. According to the April IR Agreement, the Company will pay the consultant for his services a monthly fee of $ 15,000 12,000 66,000 In addition, the Company will issue warrants (the “April Warrant”) to purchase 60,000 shares of Common Stock, of which (a) 20,000 warrants shall vest after 12 months with an exercise price of $ 8 , (b) 20,000 warrants shall vest upon the laps of 18 months with an exercise price of $ 9.50 , and (c) 20,000 warrants shall vest after 24 months with an exercise price of $ 11 . The fair value of the April Warrant was determined based on the Company’s share price as of the date of the April IR Agreement using the Black-Scholes pricing model, assuming a risk-free rate between 1.72 % to 2.44 %, a volatility factor between 52.14 % to 63.36 %, dividend yields of 0 % and an expected life between 1 to 2 years and was calculated at $ 40,350 . On June 26, 2022 (the “April IR Amendment Date”), the Company entered into an amendment to the April IR Agreement (the “April IR Amendment”), according to which the Company shall engage the consultant for additional period of 90 days commencing on July 1, 2022. According to the amendment to the April IR Agreement, the Company will pay the consultant for his services a monthly fee of $ 3,333 12,000 39,480 In addition, per the April IR Amendment, the Company will issue warrants to purchase 40,000 20,000 4.50 20,000 6 2.52 2.79 52.12 56.48 0 0.5 1 7,009 On August 29, 2022, the Board approved a one-time bonus of $ 100,000 6. On May 2, 2022, the Company issued 600 7. On May 18, 2022, the Company issued 9,000 39,420 SAVE FOODS, INC. NOTES TO UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS NOTE 3 – COMMON STOCK (continue) 8. On January 9, 2022 the Company entered into a Strategic consulting and Corporate Digital Marketing Agreement (the “Consulting Agreement”) with a consultant for a period of 12 months. According to the Consulting Agreement, the Company agreed to pay the consultant for his services a monthly fee of $ 4,250 6,000 19,125 6,000 On July 11, 2022, the Company issued the consultant 6,000 17,220 8,380 Additionally, on August 29, 2022, the Board approved a one-time bonus of $ 7,500 7,500 21,525 based on the share price of the date of the Consulting Agreement. 9. On August 15, 2022, the Company issued 1,600,000 10. On September 6, 2022 the Company entered into a Services Agreement (the “Services Agreement”) with a consultant. According to the Services Agreement, the consultant would provide the Company with strategic advisory services for a period of six months. The Company agreed to pay the consultant for his services $ 275,000 , of which $ 57,104 50,000 shares of Common Stock. The Company determined the value of the shares at $ 141,750 based on the share price of the date of the Services Agreement, of which $ 29,434 was recorded as share based compensation expenses and the remaining was classified as prepaid expenses in other current assets. 11. On February 23, 2021, the Company amended its Certificate of Incorporation to effect a 7 to 1 12. On August 29, 2022, following the annual meeting of Company’s stockholders (the “Annual Meeting”), the Company adopted the 2022 Share Incentive Plan (the “2022 Share Incentive Plan”), pursuant to which the Company’s Board of Directors is authorized to grant up to 1,000,000 1,000,000 SAVE FOODS, INC. NOTES TO UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

STOCK OPTIONS

STOCK OPTIONS	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
STOCK OPTIONS	NOTE 4 – STOCK OPTIONS The following table presents the Company’s stock option activity for employees and directors of the Company for the three and nine months ended September 30, 2022: SCHEDULE OF STOCK OPTION ACTIVITY Number of Weighted Exercise Price Outstanding at December 31, 2021 192,576 3.38 Granted 42,098 1.25 Exercised - - Forfeited or expired - - Outstanding at September 30, 2022 234,674 3.00 Number of options exercisable at September 30, 2022 203,101 3.26 The aggregate intrinsic value of the awards outstanding as of September 30, 2022 is $27,364 1.9 Costs incurred in respect of stock-based compensation for employees and directors, for the nine months ended September 30, 2022 and 2021 were $ 65,270 202,966

RELATED PARTIES

RELATED PARTIES	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
RELATED PARTIES	NOTE 5 – RELATED PARTIES A. Transactions and balances with related parties SCHEDULE OF TRANSACTIONS AND BALANCES WITH RELATED PARTIES Nine months ended September 30, 2022 2021 General and administrative expenses: Directors compensation 309,759 85,524 Salaries and fees to officers 464,180 188,295 General and administrative expenses net (*) 773,939 (*) 273,819 (*) of which share based compensation 104,591 8,464 Research and development expenses: Salaries and fees to officers (*) 87,629 - (*) of which share based compensation 3,024 - Selling and marketing expenses: Salaries and fees to officers (*) 87,629 - (*) of which share based compensation 3,024 - SAVE FOODS, INC. NOTES TO UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS NOTE 5 – RELATED PARTIES (continue) B. Balances with related parties and officers: Other accounts payables 90,089 88,951 C. Other information: 1. On April 17, 2022, the Board resolved to appoint Ms. Lital Barda, the Company’s current financial controller, as the Company’s Chief Financial Officer, Treasurer and Secretary, which appointment was made effective on April 18, 2022. In connection with Ms. Barda’s appointment as the Company’s Chief Financial Officer, Treasurer and Secretary, the Board resolved to approve the following terms of compensation, effective immediately upon the effectiveness of Ms. Barda’s appointment: (a) a monthly base salary of NIS 25,000 and (b) a grant of options to purchase a number of shares of the Company’s Common Stock as shall be agreed upon between Ms. Barda and the Board on a future date, and which shall be in accordance with the terms of the Company’s approved equity incentive plan. 2. On August 29, 2022, the Board approved, among other, an increase the monthly fee of the Chairman of the Board of Directors from $ 5,500 to $ 8,000 and a one time bonus of $ 25,000 . In addition, the Board approved, an increase the quarterly fee of the each member of the Board from NIS 25,000 (approximately $ 7,575 ) to $ 10,575 , one time bonuses to each of the Chief Financial Officer and the financial controller in the total amount of $ 25,000 and one time bonuses to each of the Chief Executive Officer and the Chief Operating Officer of Save Foods Ltd, in the total amount of $ 30,000 . In addition, the monthly fee of Company’s Chief Executive Officer was reduced to $ 6,000 .

GEOGRAPHIC AREAS AND MAJOR CUST

GEOGRAPHIC AREAS AND MAJOR CUSTOMERS	9 Months Ended
	Sep. 30, 2022
Geographic Areas And Major Customers
GEOGRAPHIC AREAS AND MAJOR CUSTOMERS	NOTE 6 – GEOGRAPHIC AREAS AND MAJOR CUSTOMERS A. Information on sales by geographic distribution: The Company has one operating segment. Sales are attributed to geographic distribution based on the location of the customer. SCHEDULE OF INFORMATION ON SALES BY GEOGRAPHIC DISTRIBUTION Nine months ended Three months ended 2022 2021 2022 2021 Israel 14,514 956 3,301 957 United States 35,948 84,674 - - Mexico 119,481 163,210 47,932 70,406 Revenues from sales of products 169,943 248,840 51,233 71,363 B. Sales to single customers exceeding 10% of sales (US$): SCHEDULE OF SALES TO CUSTOMERS Nine months ended Three months ended 2022 2021 2022 2021 Customer A 119,481 163,210 47,932 70,406 Customer B 35,948 84,674 - - Revenues from sales of products 155,429 247,884 47,932 70,406

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 7 – SUBSEQUENT EVENTS 1. On October 11, 2022, the Company issued 10,090 2. On October 26, 2022, the Board approved the issuance of 50,000 9,000 5,000

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION (Policies)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Basis of presentation	Basis of presentation The condensed interim consolidated financial statements included in this quarterly report are unaudited. These financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) and applicable rules and regulations of the SEC regarding interim financial reporting and reflect, in the opinion of management, all adjustments of a normal and recurring nature that are necessary for a fair statement of the Company’s financial position as of September 30, 2022, and its results of operations for the three and nine months ended September 30, 2022, and 2021, changes in shareholders’ equity for the three and nine months ended September 30, 2022 and 2021, and cash flows for the nine months ended September 30, 2022 and 2021. The results of operations for the three and nine months ended September 30, 2022 are not necessarily indicative of the results to be expected for the year ending December 31, 2022 or for any other future annual or interim period. These financial statements should be read in conjunction with the audited financial statements included in the Company’s Form 10-K for the year ended December 31, 2021 as filed with the SEC. The Company’s significant accounting policies are disclosed in the audited financial statements for the year ended December 31, 2021 included in the Company’s Form 10-K. Since the date of such financial statements, there have been no changes to the Company’s significant accounting policies.
Use of Estimates	Use of Estimates The preparation of unaudited condensed consolidated interim financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, certain revenues and expenses, and disclosure of contingent assets and liabilities as of the date of the financial statements. Actual results could differ from those estimates. As applicable to these financial statements, the most significant estimates and assumptions relate to share based compensation.

STOCK OPTIONS (Tables)

STOCK OPTIONS (Tables)	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
SCHEDULE OF STOCK OPTION ACTIVITY	The following table presents the Company’s stock option activity for employees and directors of the Company for the three and nine months ended September 30, 2022: SCHEDULE OF STOCK OPTION ACTIVITY Number of Weighted Exercise Price Outstanding at December 31, 2021 192,576 3.38 Granted 42,098 1.25 Exercised - - Forfeited or expired - - Outstanding at September 30, 2022 234,674 3.00 Number of options exercisable at September 30, 2022 203,101 3.26

RELATED PARTIES (Tables)

RELATED PARTIES (Tables)	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
SCHEDULE OF TRANSACTIONS AND BALANCES WITH RELATED PARTIES	A. Transactions and balances with related parties SCHEDULE OF TRANSACTIONS AND BALANCES WITH RELATED PARTIES Nine months ended September 30, 2022 2021 General and administrative expenses: Directors compensation 309,759 85,524 Salaries and fees to officers 464,180 188,295 General and administrative expenses net (*) 773,939 (*) 273,819 (*) of which share based compensation 104,591 8,464 Research and development expenses: Salaries and fees to officers (*) 87,629 - (*) of which share based compensation 3,024 - Selling and marketing expenses: Salaries and fees to officers (*) 87,629 - (*) of which share based compensation 3,024 - SAVE FOODS, INC. NOTES TO UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS NOTE 5 – RELATED PARTIES (continue) B. Balances with related parties and officers: Other accounts payables 90,089 88,951

GEOGRAPHIC AREAS AND MAJOR CU_2

GEOGRAPHIC AREAS AND MAJOR CUSTOMERS (Tables)	9 Months Ended
	Sep. 30, 2022
Geographic Areas And Major Customers
SCHEDULE OF INFORMATION ON SALES BY GEOGRAPHIC DISTRIBUTION	The Company has one operating segment. Sales are attributed to geographic distribution based on the location of the customer. SCHEDULE OF INFORMATION ON SALES BY GEOGRAPHIC DISTRIBUTION Nine months ended Three months ended 2022 2021 2022 2021 Israel 14,514 956 3,301 957 United States 35,948 84,674 - - Mexico 119,481 163,210 47,932 70,406 Revenues from sales of products 169,943 248,840 51,233 71,363
SCHEDULE OF SALES TO CUSTOMERS	B. Sales to single customers exceeding 10% of sales (US$): SCHEDULE OF SALES TO CUSTOMERS Nine months ended Three months ended 2022 2021 2022 2021 Customer A 119,481 163,210 47,932 70,406 Customer B 35,948 84,674 - - Revenues from sales of products 155,429 247,884 47,932 70,406

GENERAL (Details Narrative)

GENERAL (Details Narrative) - USD ($)			9 Months Ended
	Aug. 15, 2022	May 13, 2021	Sep. 30, 2022	Sep. 30, 2021	Apr. 27, 2009
Number of shares of common stock		1,090,909
Proceeds from issuance of common stock	$ 4,800,000	$ 10,457,862	$ 4,103,330	$ 10,497,862
Proceeds from issuance initial public offering	$ 1,600,000
Shares issued price per share	$ 3		$ 1.9
Stockholders equity description	The Company granted the underwriter a 45-day option to purchase up to 240,000 additional shares of Common Stock of the Company to cover over-allotments at the public offering price, less the underwriting discounts and commissions. In addition, the Company issued to the underwriter as compensation, warrants to purchase up to 80,000 shares of Common Stock (5% of the aggregate number of shares of Common Stock sold in this offering). The underwriter’s warrants are exercisable at a per share exercise price equal to 125% of the public offering price per share in this offering ($3.75)
Save Foods Ltd [Member]
Ownership percentage					98.48%

COMMON STOCK (Details Narrative

COMMON STOCK (Details Narrative)

3 Months Ended

9 Months Ended

Sep. 07, 2022 USD ($) shares

Sep. 06, 2022 USD ($)

Sep. 06, 2022 USD ($) shares

Aug. 29, 2022 USD ($) shares

Aug. 22, 2022 shares

Aug. 15, 2022 shares

Jul. 28, 2022 USD ($) shares

Jun. 26, 2022 USD ($) $ / shares shares

Jun. 11, 2022 USD ($) shares

May 18, 2022 shares

May 11, 2022 USD ($)

May 02, 2022 USD ($) shares

Apr. 02, 2022 USD ($) $ / shares shares

Apr. 02, 2022 USD ($) $ / shares shares

Mar. 24, 2022 USD ($) shares

Mar. 10, 2022 USD ($) shares

Feb. 01, 2022 USD ($) $ / shares shares

Jan. 31, 2022 USD ($) shares

Jan. 31, 2022 ILS (₪) shares

Jan. 27, 2022 shares

Jan. 26, 2022 USD ($)

Jan. 09, 2022 USD ($) shares

May 13, 2021 shares

Feb. 23, 2021

Sep. 30, 2022 USD ($) shares

Jun. 30, 2022 USD ($) shares

Mar. 31, 2022 USD ($) shares

Jun. 30, 2021 USD ($) shares

Sep. 30, 2022 USD ($) shares

Sep. 30, 2021 USD ($)

Accumulated Other Comprehensive Income (Loss) [Line Items]

Stock issued during period, value, new issues | shares

1,090,909

Stock issued during period value new issues

$ 4,103,330

$ 10,457,862

Warrants to purchase shares | shares

60,000

60,000

Dividend yields

0%

0%

Share based compensation

$ 65,270

$ 202,966

Risk free interest rate

1.72%

Risk free interest rate

2.44%

Expected volatility

52.14%

Expected volatility

63.36%

Cash liabilirty

$ 40,350

$ 40,350

Stock issued during period, value, issued for services

$ 245,464

$ 283,118

$ 279,734

Stockholders equity reverse stock split

7 to 1

Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross | shares

42,098

Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Number | shares

203,101

203,101

Minimum [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Expected term

6 months

1 year

Cash liabilirty

$ 7,009

Maximum [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Expected term

1 year

2 years

Vest Upon Laps of 12 Months [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Warrants to purchase shares | shares

20,000

20,000

Vest Upon Laps of 18 Months [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Warrants to purchase shares | shares

20,000

20,000

Proceeds from Warrant Exercises

$ 8

Warrants or rights | $ / shares

$ 9.50

$ 9.50

Vest Upon Laps of 24 Months [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Warrants to purchase shares | shares

20,000

20,000

20,000

Warrants or rights | $ / shares

$ 4.50

$ 11

$ 11

Common Stock [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Stock issued during period, value, new issues | shares

1,600,000

1,090,909

Stock issued during period value new issues

$ 160

$ 109

Stock issued during period, shares, issued for services | shares

78,500

34,100

35,500

Stock issued during period, value, issued for services

$ 8

$ 4

$ 4

February 2022 Warrant [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Share based compensation

$ 105,358

February 2022 Warrant [Member] | Equity Option [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Share based compensation

33,334

Mr.Joachim Fuchs [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Stock issued during period value new issues

$ 38,790

Mr Joachim Fuchs [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Stock issued during period, value, new issues | shares

9,000

Share-based compensation option to fair value

$ 90,665

Board of Directors Chairman [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Monthly consultancy fee

$ 5,000

Board of Directors Chairman [Member] | Common Stock [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Stock issued during period, value, new issues | shares

3,000

Stock issued during period value new issues

$ 8,610

Consultant [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Bonus

100,000

Additional bonus

$ 7,500

Additional bonus, shares | shares

7,500

Under Written Public [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Stock issued during period, value, new issues | shares

1,600,000

Board Of Directors [Member] | 2022 Share Incentive Plan [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross | shares

1,000,000

Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Number | shares

1,000,000

Consulting Agreements [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Monthly consultancy fee

$ 4,250

Stock issued during period, value, new issues | shares

25,000

25,000

6,000

Stock issued during period value new issues

$ 19,125

Share based compensation

$ 8,380

136,000

Stock issued during period, shares, issued for services | shares

6,000

9,000

Stock issued during period, value, issued for services

$ 21,525

$ 17,220

$ 39,420

Consulting Agreements [Member] | June 15, 2021 [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Stock issued during period, value, new issues | shares

600

Consulting Agreements [Member] | Mr.Joachim Fuchs [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Monthly consultancy fee

$ 1,600

₪ 5,000

Stock issued during period, value, new issues | shares

9,000

9,000

Letter Agreement [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Warrants to purchase shares | shares

30,960

Allocated share based compensation expense

$ 30,600

Letter Agreement [Member] | February 2022 Warrant [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Stock issued during period, value, new issues | shares

15,480

Warrants to purchase shares | shares

77,400

Share Price | $ / shares

$ 0.05

Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate

1.35%

Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate

52.14%

Dividend yields

0%

Expected term

9 months

Debt Instrument, Fair Value Disclosure

$ 332,859

Risk free interest rate

2.52%

Risk free interest rate

2.79%

Expected volatility

52.12%

Expected volatility

56.48%

March Investor Relation Agreement [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Monthly consultancy fee

$ 11,000

Stock issued during period, value, new issues | shares

14,000

Stock issued during period value new issues

$ 103,600

Share based compensation

$ 57,907

Cash Payment

$ 5,500

April Investor Relation Agreement [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Monthly consultancy fee

$ 3,333

$ 15,000

Stock issued during period, value, new issues | shares

12,000

12,000

Stock issued during period value new issues

$ 66,000

$ 39,480

Warrants to purchase shares | shares

20,000

Warrants or rights | $ / shares

$ 6

April Investor Relation Agreement [Member] | Common Stock [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Warrants to purchase shares | shares

40,000

Services Agreements [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Stock issued during period value new issues

$ 141,750

Share based compensation

$ 29,434

Stock issued during period, shares, issued for services | shares

50,000

Stock issued during period, value, issued for services

$ 275,000

Services Agreements [Member] | Investor [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Stock issued during period, value, issued for services

$ 57,104

SCHEDULE OF STOCK OPTION ACTIVI

SCHEDULE OF STOCK OPTION ACTIVITY (Details)	9 Months Ended
	Sep. 30, 2022 $ / shares shares
Share-Based Payment Arrangement [Abstract]
Number of Options Outstanding, Beginning | shares	192,576
Weighted Average Exercise Price, Beginning | $ / shares	$ 3.38
Number of Options, Granted | shares	42,098
Weighted Average Exercise Price, Granted | $ / shares	$ 1.25
Number of Options, Exercised | shares
Weighted Average Exercise Price, Exercised | $ / shares
Number of Options, Forfeited | shares
Weighted Average Exercise Price, Forfeited | $ / shares
Number of Options Outstanding, Ending | shares	234,674
Weighted Average Exercise Price, Ending | $ / shares	$ 3
Number of Options Exercisable | shares	203,101
Weighted Average Exercise Price, Exercisable | $ / shares	$ 3.26

STOCK OPTIONS (Details Narrativ

STOCK OPTIONS (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Aug. 15, 2022
Share-Based Payment Arrangement [Abstract]
Intrinsic value awards outstanding	$ 27,364
Stock price	$ 1.9		$ 3
Stock based compensation	$ 65,270	$ 202,966

SCHEDULE OF TRANSACTIONS AND BA

SCHEDULE OF TRANSACTIONS AND BALANCES WITH RELATED PARTIES (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Related Party Transaction [Line Items]
General and administrative expenses net	$ 1,479,064	$ 1,174,737	$ 3,519,746	$ 2,847,444
Share based compensation			65,270	202,966
Salaries and fees to officers	198,501	66,470	521,239	363,003
Related Parties and Officers [Member]
Related Party Transaction [Line Items]
Other accounts payables	$ 90,089	$ 88,951	90,089	88,951
General and Administrative Expense [Member]
Related Party Transaction [Line Items]
General and administrative expenses net			773,939	273,819
Share based compensation			104,591	8,464
General and Administrative Expense [Member] | Directors Compensation [Member]
Related Party Transaction [Line Items]
General and administrative expenses net			309,759	85,524
General and Administrative Expense [Member] | Salaries And Fees To Officers [Member]
Related Party Transaction [Line Items]
General and administrative expenses net			464,180	188,295
Research and Development Expense [Member]
Related Party Transaction [Line Items]
Share based compensation			3,024
Research and Development Expense [Member] | Salaries And Fees To Officers [Member]
Related Party Transaction [Line Items]
Salaries and fees to officers			87,629
Selling and Marketing Expense [Member]
Related Party Transaction [Line Items]
Share based compensation			3,024
Selling and Marketing Expense [Member] | Salaries And Fees To Officers [Member]
Related Party Transaction [Line Items]
Salaries and fees to officers			$ 87,629

RELATED PARTIES (Details Narrat

RELATED PARTIES (Details Narrative)	Aug. 29, 2022 USD ($)	Aug. 29, 2022 USD ($)	Aug. 27, 2022 USD ($)	Aug. 27, 2022 ILS (₪)	Apr. 18, 2022 ILS (₪)	Jan. 09, 2022 USD ($)
Consulting Agreements [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Monthly consulting fees						$ 4,250
Ms Barda [Member] | Treasurer and CFO [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Monthly base salary | ₪					₪ 25,000
Ms Bardas [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Bonus		$ 25,000
Ms Bardas [Member] | Minimum [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Monthly consulting fees		5,500
Ms Bardas [Member] | Maximum [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Monthly consulting fees		8,000
Director [Member] | Consulting Agreements [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Monthly consulting fees		10,575	$ 7,575	₪ 25,000
Chief Financial Officer [Member] | Consulting Agreements [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Monthly consulting fees		25,000
Chief Operating Officer [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Bonus	$ 30,000
Chief Executive Officer [Member] | Consulting Agreements [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Monthly consulting fees		$ 6,000

SCHEDULE OF INFORMATION ON SALE

SCHEDULE OF INFORMATION ON SALES BY GEOGRAPHIC DISTRIBUTION (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenues from sales of products	$ 51,233	$ 71,363	$ 169,943	$ 248,840
ISRAEL
Revenues from sales of products	3,301	957	14,514	956
UNITED STATES
Revenues from sales of products			35,948	84,674
MEXICO
Revenues from sales of products	$ 47,932	$ 70,406	$ 119,481	$ 163,210

SCHEDULE OF SALES TO CUSTOMERS

SCHEDULE OF SALES TO CUSTOMERS (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenues from sales of products	$ 51,233	$ 71,363	$ 169,943	$ 248,840
Customer A [Member]
Revenues from sales of products	47,932	70,406	119,481	163,210
Customer B [Member]
Revenues from sales of products			35,948	84,674
Customer [Member]
Revenues from sales of products	$ 47,932	$ 70,406	$ 155,429	$ 247,884

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - shares								3 Months Ended
	Oct. 26, 2022	Oct. 11, 2022	Sep. 07, 2022	May 02, 2022	Jan. 27, 2022	Jan. 09, 2022	May 13, 2021	Sep. 30, 2022	Jun. 30, 2021
Subsequent Event [Line Items]
Issuance of shares, net of issuance costs, shares							1,090,909
Common Stock [Member]
Subsequent Event [Line Items]
Issuance of shares, net of issuance costs, shares								1,600,000	1,090,909
Board of Directors Chairman [Member] | Common Stock [Member]
Subsequent Event [Line Items]
Issuance of shares, net of issuance costs, shares			3,000
Consulting Agreements [Member]
Subsequent Event [Line Items]
Issuance of shares, net of issuance costs, shares				25,000	25,000	6,000
Subsequent Event [Member] | Board of Directors Chairman [Member]
Subsequent Event [Line Items]
Issuance of shares, net of issuance costs, shares	50,000
Subsequent Event [Member] | Board of Directors Chairman [Member] | Common Stock [Member]
Subsequent Event [Line Items]
Issuance of shares, net of issuance costs, shares	5,000
Subsequent Event [Member] | January One Twenty Twenty Three [Member] | Common Stock [Member]
Subsequent Event [Line Items]
Issuance of shares, net of issuance costs, shares	9,000
Subsequent Event [Member] | Consulting Agreements [Member] | January 9, 2021 [Member]
Subsequent Event [Line Items]
Consultant agreement		10,090