OMNIQ (OMQS) 10-K 30 Mar 23 2022 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Mar. 10, 2023	Jun. 30, 2022
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2022
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity File Number	000-09047
Entity Registrant Name	OMNIQ CORP.
Entity Central Index Key	0000278165
Entity Tax Identification Number	20-3454263
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	1865 West 2100 South
Entity Address, City or Town	Salt Lake City
Entity Address, State or Province	UT
Entity Address, Postal Zip Code	84119
City Area Code	(800)
Local Phone Number	242-7272
Title of 12(b) Security	Common Stock, $0.001 par value
Trading Symbol	OMQS
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float				$ 31,794,449
Entity Common Stock, Shares Outstanding			7,882,628
ICFR Auditor Attestation Flag	false
Auditor Firm ID	2015	457
Auditor Name	BARZILY AND CO., CPA’s	Haynie & Company
Auditor Location	Jerusalem, Israel	Salt Lake City, Utah

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 1,311	$ 7,085
Accounts receivable, net	23,893	27,123
Inventory	8,726	6,955
Prepaid expenses	1,268	1,987
Other current assets	473	9
Total current assets	35,671	43,159
Property and equipment, net of accumulated depreciation of $1,030 and $2,203 respectively	1,086	1,127
Goodwill	16,542	16,453
Trade name, net of accumulated amortization of $4,458 and $3,863, respectively	1,826	2,421
Customer relationships, net of accumulated amortization of $10,762 and $9,660, respectively	4,967	6,069
Other intangibles, net of accumulated amortization of $1,541 and $1,457, respectively	675	865
Right of use lease asset	2,300	3,556
Other assets	1,744	1,431
Total assets	64,811	75,081
Current liabilities
Accounts payable and accrued liabilities	54,736	45,553
Line of credit	1,971	5,951
Accrued payroll and sales tax	2,633	2,658
Notes payable, related parties – current portion	293	390
Notes payable – current portion	11,572	7,521
Lease liability – current portion	942	1,341
Other current liabilities	1,394	2,683
Total current liabilities	73,541	66,097
Long term liabilities
Notes payable, related party, less current portion		293
Accrued interest and accrued liabilities, related party	72	63
Notes payable, less current portion	55	2,646
Lease liability	1,404	2,266
Other long-term liabilities	265	1,418
Total liabilities	75,337	72,783
Stockholders’ equity deficit
Common stock; $0.001 par value; 15,000,000 shares authorized; 7,714,780 and 7,459,534 shares issued and outstanding, respectively.	8	20
Additional paid-in capital	73,714	70,606
Accumulated deficit	(84,460)	(70,571)
Cumulative translation adjustment	211	(154)
Total OmniQ stockholders’ equity (deficit)	(10,526)	(98)
Non-controlling interest		2,396
TOTAL EQUITY (DEFICIT)	(10,526)	2,298
Total liabilities and equity (deficit)	64,811	75,081
Series A Preferred Stock [Member]
Stockholders’ equity deficit
Preferred Stock Value
Series B Preferred Stock [Member]
Stockholders’ equity deficit
Preferred Stock Value
Series C Preferred Stock [Member]
Stockholders’ equity deficit
Preferred Stock Value	$ 1	$ 1

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Property and equipment, accumulated depreciation	$ 1,030	$ 2,203
Other intangibles, accumulated amortization	$ (16,761)	$ (14,980)
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	15,000,000	15,000,000
Common stock, shares, issued	7,714,780	7,459,534
Common stock, shares outstanding	7,714,780	7,459,534
Series A Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares designated	2,000,000	2,000,000
Preferred stock, shares outstanding	0	0
Preferred stock, shares issued	0	0
Series B Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares designated	1	1
Preferred stock, shares outstanding	0	0
Preferred stock, shares issued	0	0
Series C Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares designated	3,000,000	3,000,000
Preferred stock, shares outstanding	544,500	544,500
Preferred stock, shares issued	544,500	544,500
Trade Names [Member]
Other intangibles, accumulated amortization	$ 4,458	$ 3,863
Customer Relationships [Member]
Other intangibles, accumulated amortization	10,762	9,660
Other Intangible Assets [Member]
Other intangibles, accumulated amortization	$ 1,541	$ 1,457

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Revenues
Total revenues	$ 102,545	$ 78,251
Cost of goods sold
Cost of goods sold	80,441	61,582
Gross profit	22,104	16,669
Operating expenses
Research & development	1,826	1,873
Selling, general and administrative	27,707	21,865
Depreciation	324	251
Amortization	1,799	3,160
Total operating expenses	31,656	27,149
Loss from operations	(9,552)	(10,480)
Other income (expenses):
Interest expense	(3,496)	(2,515)
Other (expenses) income	(601)	7
Total other expenses	(4,097)	(2,508)
Net loss before income taxes	(13,649)	(12,988)
Provision for income taxes
Current	35	(156)
Total provision for income taxes	35	(156)
Net loss	(13,614)	(13,144)
Net income attributable to non-controlling interest	67	218
Net loss attributable to OmniQ Corp	(13,681)	(13,362)
Foreign currency translation adjustment	365	71
Comprehensive loss	(13,249)	(13,073)
Less comprehensive loss attributable to non-controlling interests	20	(59)
Comprehensive loss attributable to OmniQ Corp	(13,229)	(13,132)
Reconciliation of net loss to net loss attributable to common shareholders
Less: dividends attributable to non-common stockholders’ of OmniQ Corp	(206)	(77)
Net loss less non-common stockholder dividends	(13,820)	(13,221)
Non-common stockholder dividends attributable to non-controlling interest		218
Net loss attributable to common stockholders’ of OmniQ Corp	$ (13,820)	$ (13,439)
Net loss per share - basic attributable to common stockholders’ of OmniQ Corp	$ (1.82)	$ (2.20)
Weighted average number of common shares outstanding - basic	7,576,434	6,082,763

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity (Deficit) - USD ($) $ in Thousands	Preferred Stock [Member] Series C Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]	AOCI Attributable to Parent [Member]	Total
Beginning balance, value at Dec. 31, 2020	$ 2	$ 5	$ 51,842	$ (56,726)		$ (166)	$ (5,043)
Beginning balance, shares at Dec. 31, 2020	2,145	4,685
Dividends				(77)			(77)
Dividend declared to non-controlling interest				(398)			(398)
ESPP stock issuance			16				16
ESPP Stock Issuance, shares		2
Stock-based compensation – options, warrants, issuances			2,552				2,552
Stock-based compensation - options, warrants, issuances, shares
Stock issued for services			188				188
Stock and warrant issued for services, shares		25
Warrant issuances, net of issuance costs		$ 15	13,282				13,297
Stock and warrant issuances, net of issuance costs, shares		2,143,000
Exercise of stock options			438				438
Exercise of stock options and warrants, shares		279,000
Stock and warrant issuance for acquisition			2,084				2,084
Stock and warrant issuance for Acquisition, shares		220
Dangot acquisition					6,508		6,508
Exercise to purchase additional Dangot shares					(4,012)		(4,012)
Post-acquisition adjustment				(1)	(377)		(378)
Cumulative translation adjustment					59	12	71
Other				(7)			(7)
Conversion of equity	$ (1)		1
Conversion of equity, shares	(1,400)	70
Conversion of debt			203				203
Conversion of debt, shares	(201)	35,000
Net income (loss)				(13,362)	218		(13,144)
Ending balance, value at Dec. 31, 2021	$ 1	$ 20	70,606	(70,571)	2,396	(154)	2,298
Ending balance, shares at Dec. 31, 2021	544,000	7,459,000
Dividends				(206)			(206)
ESPP stock issuance			37				37
ESPP Stock Issuance, shares		7,000
Stock-based compensation – options, warrants, issuances			3,173				3,173
Stock-based compensation - options, warrants, issuances, shares		100
Stock issued for services			109				109
Stock and warrant issued for services, shares		20
Warrant issuances, net of issuance costs			298				298
Exercise of stock options			147				147
Exercise of stock options and warrants, shares		128,000
Cumulative translation adjustment				(2)	(20)	365	343
Other		(12)	12
Conversion of debt
Conversion of debt, shares
Net income (loss)				(13,681)	67		(13,614)
Non-controlling interests, distributions and other			(668)		(2,443)		(3,111)
Ending balance, value at Dec. 31, 2022	$ 1	$ 8	$ 73,714	$ (84,460)		$ 211	$ (10,526)
Ending balance, shares at Dec. 31, 2022	544	7,714

Consolidated Statements of Cash

Consolidated Statements of Cash flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operations
Net loss	$ (13,614)	$ (13,144)
Adjustments to reconcile net loss to net cash provided by operating activities:
Loss on disposal of PP&E	46
Noncash interest expense	248
Stock-based compensation	3,173	2,552
Stock and warrant issued for services	109	188
Depreciation and amortization	2,119	3,411
Amortization of ROU asset	1,000	199
Changes in operating assets and liabilities:
Accounts receivable	1,472	(3,291)
Prepaid expenses	585	(295)
Inventory	(2,490)	(538)
Other assets	131	(117)
Accounts payable and accrued liabilities	10,830	8,352
Accrued interest and accrued liabilities, related party	8	7
Accrued payroll and sales taxes payable	268	(180)
Lease liability	(1,000)	(192)
Deferred tax assets, net	(263)	58
Other liabilities	(1,419)	(185)
Net cash provided by (used in) operating activities	1,203	(3,175)
Cash flows from investing activities
Payment for additional ownership in subsidiary	(3,518)	(4,012)
Payment for acquisition, net of cash acquired		(4,992)
Purchase of property and equipment	(451)	(299)
Proceeds from sale (purchase) of other assets	(185)	68
Net cash used in investing activities	(4,154)	(9,235)
Cash flows from financing activities
Proceeds from ESPP stock issuance	37	16
Proceeds from exercise of options and warrants	147	438
Dividends paid to non-controlling interest	(1,448)	(306)
Net proceeds from issuance of common stock		13,297
Payments on notes payable	(2,525)	(4,612)
Proceeds from the issuance of notes payable	4,770	4,603
Net activity on line of credit	(4,038)	1,037
Net cash (used in) provided by financing activities	(3,057)	14,473
Net change in cash and cash equivalents	(6,008)	2,063
Effect of foreign exchange rates on cash and cash equivalents	234	(105)
Cash and cash equivalents at beginning of period	7,085	5,127
Cash and cash equivalents at end of period	1,311	7,085
Non-cash activities:
Declared dividends payable	33	464
Net assets acquired in business combination		7,390
Stock compensation in exchange for debt	298
Purchase of PP&E with financing		155
Debt conversion		203
Equity conversion		2
Right of use asset acquired in exchange for lease liability		1,108
Change in terms of accounts payable		47
Supplemental disclosure of cash flow information:
Cash paid for interest	3,487	1,547
Cash paid for income taxes	$ 160	$ 151

NATURE OF OPERATIONS

NATURE OF OPERATIONS	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
NATURE OF OPERATIONS	NOTE 1 – NATURE OF OPERATIONS OMNIQ Corp., a Delaware corporation, formerly Quest Solution, Inc., together with its majority and wholly owned subsidiaries, referred to herein as “we,” “us,” and “our” (“OMNIQ” or the “Company”), was incorporated in 1973. Since its incorporation, the Company has been involved in various lines of business. From 2008 and to 2013, we were in the business of developing oil and gas reserves. In January 2014, we determined it was in the best interest of our stockholders to focus on operating companies with a track record of positive cash flows and larger existing revenue bases. Our strategy developed into leveraging management’s relationships in the business world for investments for the Company. Since 2014, we have made the following acquisitions resulting in us becoming a leading provider of computerized and machine vision image processing solutions: ● Quest Solutions, Inc. (January 2014) ● Bar Code Specialties, Inc. (November 2014) ● ViascanQdata, Inc (October 2015 – later sold in September 2016) ● HTS Image Processing, Inc. (October 2018) ● EyepaxIT Consulting LLC. (February 2020) ● Dangot Computers Ltd. (July 2021) We use patented and proprietary artificial intelligence (AI) technology to deliver data collection, real time surveillance and monitoring for supply chain management, homeland security, public safety, traffic & parking management and access control applications. The technology and services we provide helps our clients move people, assets and data safely and securely through airports, warehouses, schools, national borders, and many other applications and environments. We offer end-to-end solutions that include hardware, software, communications, and full lifecycle management services. We are an established manufacturer and distributor of barcode labels, tags, and ribbons, as well as RFID labels and tags. Our highly tenured team of professionals has the knowledge and expertise to simplify the integration process for our customers, and our team delivers proven problem-solving solutions backed by numerous customer references. We offer comprehensive packaged and configurable software, and we are a leading provider of best-in-class mobile and wireless equipment. Our customers include government agencies and leading Fortune 500 companies from diverse sectors, including healthcare, food and beverage, manufacturing, retail, distribution, transportation and logistics, and oil, gas, and chemicals.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation and Basis of Presentation Our consolidated financial statements include the financial position and results of operations of OMNIQ Corp. and its wholly owned subsidiaries Quest Marketing, Inc., HTS Image Processing, Inc., OmniQ Vision Inc., HTS Image Ltd., OmniQ Technologies Ltd., and Dangot Computers Ltd. collectively referred to herein as “we” or “us” or “our” or the “Company.” All significant intercompany accounts and transactions have been eliminated in these consolidated financial statements. Business combinations are included in the consolidated financial statements from their respective dates of acquisition. Use of Estimates We prepare our consolidated financial statements in accordance with accounting principles generally accepted in the United States of America, which requires management to use its judgment to make estimates and assumptions that affect the reported amounts of assets and liabilities and related disclosures at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reported period. These assumptions and estimates could have a material effect on our consolidated financial statements. Actual results may differ materially from those estimates. We review our estimates on an ongoing basis based on information currently available, and changes in facts and circumstances may cause us to revise these estimates. Cash and Cash Equivalents Cash consists of petty cash, checking, savings, and money market accounts. For the purpose of the statements of cash flows, all highly liquid investments with an original maturity of three months or less are considered cash equivalents. There were no cash equivalents as of December 31, 2022 and 2021. The Company maintains its cash in bank deposit accounts which, at times, may exceed federally insured limits. Accounts Receivable We manage credit risk associated with our accounts receivables at the customer level. Because the same customers typically generate the revenues that are accounted for under both Accounting Standards Codification Topic 606, Revenue from Contracts with Customers (Topic 606) Accounting Standards Codification Topic 326, Credit Losses (Topic 326 We believe concentration of credit risk, with respect to our receivables, is limited because our customer base is comprised of a number of geographically diverse customers. We manage credit risk through credit approvals, credit limits and other monitoring procedures. Pursuant to Topic 326 for our accounts receivables, we maintain an allowance for doubtful accounts that reflects our estimate of our expected credit losses. Our allowance is estimated using a loss rate model based on delinquency. The estimated loss rate is based on our historical experience with specific customers, our understanding of our current economic circumstances, reasonable and supportable forecasts, and our own judgment as to the likelihood of ultimate payment based upon available data. We perform credit evaluations of customers and establish credit limits based on reviews of our customers’ current credit information and payment histories. We believe our credit risk is somewhat mitigated by our geographically diverse customer base and our credit evaluation procedures. The actual rate of future credit losses, however, may not be similar to past experience. Our estimate of doubtful accounts could change based on changing circumstances, including changes in the economy or in the particular circumstances of individual customers. Accordingly, we may be required to increase or decrease our allowance for doubtful accounts. Based on management’s evaluation, accounts receivable has a balance in the allowance for doubtful accounts of $ 455 6 Inventory Substantially all inventory consists of raw materials and finished goods and are valued at the lower of historic cost or net realizable value; where net realizable value is considered to be the estimated selling price in the ordinary course of business, less reasonably predictable cost of completion, disposal and transportation. Historic inventory costs are calculated on a first-in-first-out basis or specific cost. Property and Equipment Property and equipment are recorded at cost and depreciated using straight-line over the estimated useful lives. Ordinary repair and maintenance costs are included in sales, general and administrative (“SG&A”) expenses on our consolidated statements of operations. However, expenditures for additions or improvements that significantly extend the useful life of the asset are capitalized in the period incurred. At the time assets are sold or disposed of, the cost and accumulated depreciation are removed from their respective accounts and the related gains or losses are reflected in the statements of operations in gains from sales of property and equipment, net. We periodically evaluate the appropriateness of remaining depreciable lives assigned to property and equipment. Leasehold improvements are amortized using the straight-line method over their estimated useful lives or the remaining term of the lease, whichever is shorter. Depreciation expense for the years ended December 31, 2022 and 2021 was $ 324 251 SCHEDULE OF ESTIMATED USEFUL LIVES OF PROPERTY AND EQUIPMENT Category Estimated Useful Life Furniture and fixtures Computer equipment Office equipment Software Leasehold improvements 5 7 3 5 3 10 3 15 Vehicles 5 Fair Value of Financial Instruments Fair value is defined as the amount that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The FASB fair value measurement guidance established a fair value hierarchy that prioritizes the inputs used to measure fair value. The three broad levels of the fair value hierarchy are as follows: Level 1 – Quoted prices (unadjusted) in active markets for identical assets or liabilities Level 2 – Quoted prices for similar assets and liabilities in active markets or inputs that are observable for the asset or liability, either directly or indirectly Level 3 – Unobservable inputs for which little or no market data exists, therefore requiring a company to develop its own assumptions Assets and liabilities are classified based on the lowest level of input that is significant to the fair value measurements. We review the fair value hierarchy classification on a quarterly basis. Changes in the observable inputs may result in a reclassification of assets and liabilities within the three levels of the hierarchy outlined above. The carrying amounts of certain financial instruments, such as cash equivalents, short term investments, accounts receivable, accounts payable and accrued liabilities, approximate fair value due to their relatively short maturities. Definite-lived Intangible Assets The Company periodically evaluates the carrying value of definite-lived intangibles when events or changes in circumstances indicate that the carrying value may not be recoverable. Factors the Company considers important which could trigger an impairment review include, but are not limited to, significant under-performance relative to historical or projected future operating results, significant changes in the manner of its use of acquired assets or its overall business strategy, and significant industry or economic trends. The Company amortizes definite-lived intangible assets on a straight-line basis over their useful lives. The Company recorded no When the Company determines that the carrying value of a long-lived asset may not be recoverable based upon the existence of one or more of the above indicators, the Company determines the recoverability by comparing the carrying amount of the asset to net future undiscounted cash flows that the asset is expected to generate and recognizes an impairment charge equal to the amount by which the carrying amount exceeds the fair market value of the asset. If the Company’s revenues or other estimated operating results are not achieved at or above our forecasted level, and the Company is unable to recover such costs through price increases, the carrying value of certain of the Company’s intangible assets may prove to be unrecoverable and we may incur impairment charges of definitive-live intangible assets. Definite-lived intangible assets are stated at cost, net of accumulated amortization. The assets are being amortized on the straight-line method over useful lives ranging from 3 11 7.5 Indefinite-lived Intangible Assets, Including Goodwill Indefinite-lived intangible assets, including goodwill, are not amortized but are required to be reviewed for impairment at least annually or when events or circumstances indicate that carrying value may exceed fair value. The Company is permitted the option to first assess qualitative factors to determine whether the existence of events and circumstances indicates that it is more likely than not that the fair value of the Company’s reporting unit is less than its corresponding carrying value. If, after assessing the totality of events and circumstances, the Company concludes that it is not more likely than not that the fair value of the reporting unit is less than its corresponding carrying value then the Company is not required to take further action. However, if the Company concludes otherwise, then the Company must calculate the fair value of the reporting unit and compare it with its carrying amount, including Indefinite-lived intangible assets and recognize impairment equal to the difference between the carrying amount of the reporting unit and its fair value, considering the related income tax effect from any tax-deductible goodwill. The estimated fair value of the reporting unit exceeded the carrying value as of December 31, 2022 and 2021, and, therefore, no Accounts Payable Accounts payable are made up of payables due to vendors in the ordinary course of business a December 31, 2022 and 2021. One vendor made up 48 65 Leases We determine whether an arrangement is a lease at the inception of the arrangement based on the terms and conditions in the contract. A contract contains a lease if there is an identified asset, and we have the right to control the asset for a period of time in exchange for consideration. Lease arrangements can take several forms. Some arrangements are clearly within the scope of lease accounting, such as a real estate contract that provides an explicit contractual right to use a building for a specified period of time in exchange for consideration. However, the right to use an asset can also be conveyed through arrangements that are not leases in form, such as leases embedded within service and supply contracts. We analyze all arrangements with potential embedded leases to determine if an identified asset is present, if substantive substitution rights are present, and if the arrangement provides the customer control of the asset. Our lease portfolio is substantially comprised of operating leases related to leases of real estate and improvements. From time to time, we may also lease various types of small equipment and vehicles. Operating lease right-of-use (“ROU”) assets represent our right to use an individual asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide the lessor’s implicit rate, we use our incremental borrowing rate (“IBR”) at the commencement date in determining the present value of lease payments by utilizing a fully collateralized rate for a fully amortizing loan with the same term as the lease. Lease terms include options to extend the lease when it is reasonably certain those options will be exercised. For leases with terms greater than 12 months, we record the related asset and obligation at the present value of lease payments over the term. Our leases can include rental escalation clauses, renewal options and/or termination options that are factored into our determination of lease payments when such renewal options and/or termination options are reasonably certain of exercise. A ROU asset is subject to the same impairment guidance as assets categorized as plant, property, and equipment. As such, any impairment loss on ROU assets is presented in the same manner as an impairment loss recognized on other long-lived assets. A lease modification is a change to the terms and conditions of a contract that change the scope or consideration of a lease. For example, a change to the terms and conditions to the contract that adds or terminates the right to use one or more underlying assets, or extends or shortens the contractual lease term, is a modification. Depending on facts and circumstances, a lease modification may be accounted as either: (1) the original lease plus the lease of a separate asset(s) or (2) a modified lease. A lease will be remeasured if there are changes to the lease contract that do not give rise to a separate lease. Purchase Accounting and Business Combinations We account for our business combinations using the purchase method of accounting which requires that intangible assets be recognized apart from goodwill if they are contractual in nature or separately identifiable. Acquisitions are measured on the fair value of consideration exchanged and, if the consideration given is not cash, measurement is based on the fair value of the consideration given or the fair value of the assets acquired, whichever is more reliably measurable. The excess of cost of an acquired entity over the fair value of identifiable acquired assets and liabilities assumed is allocated to goodwill. The valuation and allocation processes rely on significant assumptions made by management. In certain situations, the allocations of excess purchase price are based upon preliminary estimates and assumptions. Accordingly, the allocations are subject to revision when we receive updated information, including appraisals and other analyses, which are completed within one year of the acquisition. Revisions to the fair values, which may be significant, are recorded when pending information is finalized, within one year from the acquisition date. Revenue Recognition When entering into contracts with our customers, we review follow the five steps outline in Accounting Standards Codification Topic 606, Revenue from Contracts with Customers (Topic 606) i. Identify the contract with our customer. ii. Identify the performance obligations in the contract. iii. Determine the transaction price. iv. Allocate the transaction price to the performance obligations. And v. Evaluate the satisfaction of the performance obligations, We account for contracts, with our customers, when we have approval and commitment from both parties, the rights of the parties are identified, payment terms are established, the contract has commercial substance and collectability of consideration is probable. We evaluate, in accordance with Topic 606, whether we meet the criteria to be a principal or an agent and record the revenue on a gross or net basis. We are considered a principal if we obtain control of any one of the following: i. A good or another asset from another party that we then transfer to our customer. ii. A right to a service to be performed by another party, which gives the us the ability to direct that party to provide the service to the customer on our behalf, and iii. A good or service from another party that we then combine with other goods or services in providing the specified good or service to our customer. We have certain relationships with manufacturers and suppliers to sell us products or provide services. Our contracts may transfer to our customer a right to a future service or product to be provided by our manufacturer or supplier. When a specified good or service is a right to a good or service is provided by a manufacturer or supplier, we evaluate whether we control the right to the goods or services before that right is transferred to the customer rather than whether we control the underlying goods or services. Indicators that we control the specified good or service before it is transferred to the customer (and we are therefore a principal) include, but are not limited to, the following: i. We are responsible for fulfilling the promise to provide the specified good or service. This typically includes responsibility for the acceptability of the specified good or service. If we are primarily responsible for fulfilling the promise to provide the specified good or service, this may indicate that the other party involved in providing the specified good or service is acting on our behalf. Often, we provide value added services (combining hardware, integrating hardware to software, etc.) to the products and services purchased from our manufacturers and suppliers. ii. We have inventory risk before the specified good or service has been transferred to a customer. Our purchases of products or services from our manufactures and suppliers is evidenced by our issuing a binding purchase order contract with the negotiated terms including specifications, pricing, delivery among other things. Our obligation for purchased products and services is mutually exclusive of our customers’ performance (failure to take acceptance, make payment, etc.) iii. We have sole discretion in establishing our price for the specified good or service. Establishing the price our customer pays for a specified good or service may indicate we have the ability to direct the use of that good or service and obtain substantially all of the remaining benefits. We control and set the pricing for the product or services to be provided to our customers. If the terms of a transaction do not indicate we are acting as a principal in the transaction, we are then considered acting as an agent and the associated revenues would be recognized on a net basis. As principal, when (or as) we satisfy a performance obligation, we recognize revenue in the gross amount of consideration which we expect to be entitled in exchange for the specified good or service transferred. We are an agent if our performance obligation is to arrange for the provision of the specified good or service by another party. As an agent, we do not control the specified good or service provided by another party before that good or service is transferred to our customer. As an agent, when (or as) we satisfy a performance obligation, we recognize revenue in the amount of any fee or commission which we expect to be entitled in exchange for arranging for the specified goods or services to be provided by another party to our customer. Under Topic 606, we recognize revenue (on either a gross or net basis previously discussed) only when we satisfy a performance obligation by transferring a promised good or service to our customer. A good or service is considered transferred when the customer obtains control. The standard defines control as an entity’s ability to direct the use of, and obtain substantially all of the remaining benefits from, an asset. We recognize revenue (either gross or net) once control has passed to the customer. The following indicators are evaluated in determining when control has passed to the customer: i. We have a right to payment for the product or service, ii. The customer has legal title to the product, iii. We have transferred physical possession of the product to the customer, iv. The customer has the risk and rewards of ownership of the product, and v. The customer has accepted the product. Revenue Recognition for Hardware. Manufacturers and suppliers, from whom we purchase hardware, often provide their warranties only providing assurance the products and services will conform to their specifications. These assurance type warranties are not sold separately and are not considered separate performance obligations. In some transactions, a third-party will provide the customer with an extended warranty. These extended warranties are sold separately and provide the customer with a service in addition to assurance that the product will function as expected. We consider these warranties to be separate performance obligations from the underlying product. For warranties, where we are arranging those services be provided by a third-party, we are acting as an agent in the transaction and records revenue on a net basis at the point of sale. Revenue Recognition for Software. As explained above, we evaluate whether the software assurance is a separate performance obligation by assessing if the third-party delivered software assurance is critical or essential to the core functionality of the software itself. This involves considering: i. If the software provides its original intended functionality to the customer without the updates, ii. If the customer would ascribe a higher value to the upgrades versus the up-front deliverable, iii. If the customer would expect frequent intelligence updates to the software (such as updates that maintain the original functionality), and iv. If the customer chooses to not delay or always install upgrades. If we determine the accompanying third-party delivered software assurance is critical or essential to the core functionality of the software license, the software license and the accompanying third-party delivered software assurance are recognized as a single performance obligation. In some transactions, a third-party will provide the customer with an extended warranty. These extended warranties are sold separately and provide the customer with a service in addition to assurance that the product will function as expected. We consider these warranties to be separate performance obligations from the underlying product. For warranties, where we are arranging those services be provided by a third-party, we are acting as an agent in the transaction and records revenue on a net basis at the point of sale. Revenue Recognition for Services. Revenues from the sale of professional and support services, provided by us, are recognized over the period the service is provided. As the customer receives the benefit of the service each month, we recognize the respective revenue on a gross basis as we are acting as a principal in the transaction. Additionally, we manage services team provides project support to customers that are billed on a fixed fee basis. We are acting as the principal in the transaction and recognize revenue on a gross basis based on the total number of hours incurred for the period over the total expected hours for the project. Total expected hours to complete the project is updated for each period and best represents the transfer of control of the service to the customer. Freight Costs. Stock-Based Compensation We periodically issue stock options and warrants to employees and non-employees in non-capital raising transactions for services and for financing costs. We account for stock option and warrant grants issued and vesting to employees based on the authoritative guidance provided by Financial Accounting Standards Board (the “FASB”) where the value of the award is measured on the date of grant and recognized as compensation expense on the straight-line basis over the vesting period. We record stock-based compensation expense according to the provisions of ASC Topic 718, Compensation – Stock Compensation. ASC Topic 718 requires all share-based payments to employees, including grants of employee stock options, to be recognized in the financial statements based on their fair values. Under the provisions of ASC Topic 718, the Company determines the appropriate fair value model to be used for valuing share-based payments and the amortization method for compensation cost. The fair value of each stock option grant is estimated on the date of grant using the Black-Scholes option-pricing model. The Company estimates the expected volatility and expected option life assumption consistent with ASC Topic 718, Compensation – Stock Compensation. The expected volatility of the Company’s common stock at the date of grant is estimated based on a historic volatility rate and the expected option life is calculated based on historical stock option experience as the best estimate of future exercise patterns. The dividend yield assumption is based on historical and anticipated dividend payouts. The risk-free interest rate assumption is based on observed interest rates consistent with the expected life of each stock option grant. The Company uses historical data to estimate pre-vesting option forfeitures and records stock-based compensation expense only for those awards that are expected to vest. Compensation expense is recorded for all stock options expected to vest based on the amortization of the fair value at the date of grant on a straight-line basis primarily over the vesting period of the options. In October 2021, OMNIQ’ Board of Directors adopted an Equity Incentive Plan (the “Plan”), as an incentive to retain in the employ of and attract new employees, directors, officers, consultants, advisors and employees to the Company. Pursuant to the Plan, 1,118,856 0.001 No In August 2020, the Board of Directors approved our 2020 Equity Incentive Plan and later amended it. In September 2020, our shareholders adopted and ratified the 2020 Equity Incentive Plan. The total number of shares of Common Stock authorized for issuance under the 2020 Plan is 1,000,000 Equity instruments issued to parties other than employees for acquiring goods or services. The Company accounts for equity instruments issued to parties other than employees for acquiring goods or services under guidance of section 505-50-30 of the FASB Accounting Standards Codification (“FASB ASC Section 505-50-30”). Pursuant to FASB ASC Section 505-50-30, all transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. The measurement date used to determine the fair value of the equity instrument issued is the earlier of the date on which the performance is complete or the date on which it is probable that performance will occur. Warrants. Advertising The Company expenses marketing and advertising costs as incurred. During 2022 and 2021, the Company spent $ 630 213 The Company received rebates on advertising from co-operative advertising agreements with several vendors and suppliers. These rebates have been recorded as a reduction to the related advertising and marketing expense. Foreign Currency Translation Our consolidated financial statements are presented in U.S. dollars. The functional currency for the Company is U.S. dollars. Transactions in currencies other than the functional currency are recorded using the appropriate exchange rate at the time of the transaction. All our continuing operations are conducted in U.S. dollars except its subsidiary located in Israel. The records of the Israeli operations were maintained in the local currency and translated to the reporting currency as follows: assets and liabilities are converted using the balance sheet period-end date exchange rate. Expenses and income items are converted using the weighted average exchange rates for the reporting period. Foreign transaction gains and losses are reported on the consolidated statement of operations and comprehensive loss and were included in the amount of loss from comprehensive income. Income Taxes We account for our income taxes in accordance with Income Taxes Topic of the FASB ASC 740, which requires recognition of deferred tax assets and liabilities for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in operations in the period that includes the enactment date. Income tax expense is based on reported earnings before income taxes. Deferred income taxes reflect the impact of temporary differences between assets and liabilities recognized for consolidated financial reporting purposes and such amounts recognized for tax purposes and are measured by applying enacted tax rates in effect in years in which the differences are expected to reverse. We also follow the guidance related to accounting for income tax uncertainties. In accounting for uncertainty in income taxes, the Company recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more likely than not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50% likelihood Our income is subject to taxation in both the U.S. and a foreign jurisdiction, Israel. Significant judgment is required in evaluating the Company’s tax positions and determining its provision for income taxes. The Company establishes reserves for income tax-related uncertainties based on estimates of whether, and the extent to which, additional taxes will be due. These reserves for tax contingencies are established when we believe positions do not meet the more-likely-than-not recognition threshold. We adjust uncertain tax liabilities in light of changing facts and circumstances, such as the outcome of a tax audit or lapse of a statute of limitations. The provision for income taxes includes the impact of uncertain tax liabilities and changes in liabilities that are considered appropriate. Comprehensive Income (Loss) Comprehensive income (loss) is defined as a change in equity of a business enterprise during a period from transactions and other events and circumstances from non-owner sources and includes all changes in equity during a period except those resulting from investments by owners and distributions to owners. Our other comprehensive income (loss) is composed of foreign currency translation adjustments. Net Loss Per Common Share Net loss per share is provided in accordance with FASB ASC 260-10, “Earnings per Share”. Basic net loss per common share (“EPS”) is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted earnings per share is computed by dividing net income by the weighted average shares outstanding, assuming all dilutive potential common shares were issued, unless doing so is anti-dilutive. The weighted-average number of common shares outstanding for computing basic EPS for the years ended December 31, 2022 and December 31, 2021 were 7,576,434 6,082,763 The following table sets forth the potentially dilutive securities as of December 31, 2022 and 2021, excluded from the computation of diluted net loss per share because such securities have an anti-dilutive impact due to losses reported: SCHEDULE OF ANTI DILUTIVE SECURITIES EXCLUDES FROM COMPUTATION OF EARNINGS PER SHARE 2022 2021 Options to purchase common stock $ 2,190,583 $ 1,559,300 Warrants to purchase common stock 1,481,734 1,378,929 Potential shares excluded from diluted net loss per share $ 3,672,317 $ 2,938,229 Recent Accounting Pronouncements not yet adopted Management has evaluated all recent accounting pronouncements issued by the Financial Accounting Standards Board (FASB) and determined that none of the pronouncements will have a material impact on the financial statements of the Company. The Company will continue to monitor the issuance of any new accounting pronouncements and assess their potential impact on the financial statements in future periods.

GOING CONCERN

GOING CONCERN	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE 3 – GOING CONCERN The accompanying consolidated financial statements have been prepared assuming that we will continue as a going concern. The following are the principal conditions or events which potentially raise substantial doubt about the company’s ability to continue as a going concern: ● Balancing the need for operational cash with the need to add additional products ● Timely and cost-effective development of products ● Working capital deficit of $ 38 ● Accumulated deficit of $ 84 ● Multiple years of losses from operations ● Non compliance with certain debt covenants These facts and others have raised concerns about the Company’s ability to continue as a going concern. The Company’s continuation as a going concern is dependent upon its ability to generate sufficient cash flow to meet its obligations on a timely basis, which we have successfully accomplished to date. The following conditions, plans and actions are currently being implemented to address the Company’s conditions: ● Outstanding warrants exist from prior offerings that could be exercised for cash depending upon the performance of our stock. ● The Company’s acquisition of Dangot Computers, Ltd. has improved the balance sheet, profitability, and cash flow and is expected to help the Company as a whole to generate positive cash flows from operations for the foreseeable future. ● The Company received financing for the acquisition of the last 23% of shares of Dangot on March 30, 2022 (The company owns 100% of Dangot). The Company also expects that Dangot’s cashflow will be able to service the debts associated with its acquisition without the need for cash from the rest of the group. ● The acquisition of Dangot has added capabilities to the Company which have already transformed into significant new orders in the Parking segment. Management expects the collaboration and cross sales to contribute to improved revenues and margins. ● Management is evaluating operating expenses and is developing a plan to reduce expenditures without negatively impacting current operations. Management has already cut staff by about 5% and will continue to do additional overhead cuts. ● On March 25, 2022 management finalized an $ 8.5 6 2.5 ● Blue Star - The Company’s total accounts payable due to Blue Star as of December 31, 2022 was approximately $ 36 5

BUSINESS ACQUISITIONS

BUSINESS ACQUISITIONS	12 Months Ended
	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
BUSINESS ACQUISITIONS	NOTE 4 – BUSINESS ACQUISITIONS Dangot Computers Ltd On May 3, 2021, the Company and Omniq Technologies Ltd., a wholly owned subsidiary of the Company (“Omniq Technologies”) entered into a share purchase agreement (the “Dangot Share Purchase Agreement”) with Mr. Haim Dangot. Pursuant to the Dangot Share Purchase Agreement, Omniq Technologies agreed to purchase 51 5,100 23,740,500 7.6 The Closing Consideration was paid on July 8, 2021 in the following manner: (a) the Company issued 220,103 2,084 5,058 600 Haim Dangot also granted Omniq Technologies an irrevocable option to purchase the remaining 4,900 49 465,500 143 1 51 26 77 4,012,000 On April 1, 2022, the Company closed on its acquisition of Dangot and exercised the remaining portion of its option to purchase 23.0 3,518,000 The following table summarizes the consideration given and the purchase price allocation: SCHEDULE OF RECOGNIZED FAIR VALUES OF ASSETS ACQUIRED AND LIABILITIES ASSUMED Purchase Price Consideration (in thousands) Total Consideration Cash payments $ 5,058 Accrued payable to owner 600 Fair value of stock issued ( 220,103 2,084 Debt assumed 5,310 Total consideration $ 13,052 Cash $ 666 Accounts receivable 13,470 Inventory 4,616 Other assets 5,392 Property and equipment 638 Goodwill 1,758 Trade name 1,893 Customer relationship 3,139 Other intangible assets 899 Assets acquired $ 32,471 Current liabilities assumed (12,911 ) Non-controlling interest (6,508 ) Net assets acquired $ 13,052 The proforma unaudited revenue and earnings as if the acquisition had been included in the consolidated results of the company for the full year ending December 31, 2021 were $ 92.5 10.8 Since the acquisition the amounts included in the consolidated statement of comprehensive income from Dangot Computers Ltd. for the year ended December 31, 2021, was $ 20.6 566

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
ACCOUNTS RECEIVABLE	NOTE 5 – ACCOUNTS RECEIVABLE Accounts receivable consisted of the following as of December 31: SCHEDULE OF ACCOUNTS RECEIVABLE In thousands 2022 2021 Trade accounts receivable $ 24,348 $ 27,129 Less allowance for doubtful accounts (455 ) (6 ) Total accounts receivable (net) $ 23,893 $ 27,123 Accounts receivable as of December 31, 2022 and 2021 are made up of trade receivables due from customers in the ordinary course of business. No customer accounted for more than 10 17

INVENTORY

INVENTORY	12 Months Ended
	Dec. 31, 2022
Inventory Disclosure [Abstract]
INVENTORY	NOTE 6 – INVENTORY Inventory consisted of the following as of December 31: SCHEDULE OF INVENTORY In thousands 2022 2021 Raw materials $ 649 $ 894 Inventory in transit 2,004 - Finished goods (less allowance) 6,073 6,061 Total inventories $ 8,726 $ 6,955

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE 7 – PROPERTY AND EQUIPMENT The following is a summary of the components of property and equipment as of December 31,: SCHEDULE OF PROPERTY AND EQUIPMENT In thousands 2022 2021 Manufacturing and lab equipment $ 98 $ 499 Leasehold improvements 521 609 Software and computer equipment 987 1,650 Furniture and equipment 236 254 Vehicle 274 318 Property and equipment, Gross - Less: accumulated depreciation (1,030 ) (2,203 ) Property and equipment, Net $ 1,086 $ 1,127 Depreciation expense for the year ended December 31, 2022 was approximately $ 324 251

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	NOTE 8 – GOODWILL AND INTANGIBLE ASSETS We have made acquisitions in the past that resulted in the recognition of goodwill. Based on our analysis there have been no 3 11 1,799 3.2 Goodwill and Intangible assets consisted of the following as of December 31: SCHEDULE OF GOODWILL AND INTANGIBLE ASSETS In thousands 2022 2021 Goodwill $ 16,542 $ 16,453 Trade names 6,284 6,284 Customer relationships 15,729 15,729 Other intangibles 2,216 2,322 Intangibles gross 2,216 2,322 Accumulated amortization (16,761 ) (14,980 ) Intangibles, net $ 24,010 $ 25,808 The future amortization expense on the trade names, customer relationships, and other intangibles are as follows: SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE In thousands Years ending December 31, 2023 $ 1,625 2024 952 2025 943 2026 943 2027 776 Thereafter 2,229 Total $ 7,468 Goodwill is not amortized but is evaluated for impairment annually or when indicators of a potential impairment are present. The impairment testing of goodwill is performed separately from our impairment testing of intangibles. The annual evaluation for impairment of goodwill and intangibles is based on valuation models that incorporate assumptions and internal projections of expected future cash flows and operating plans. None of the goodwill is deductible for income tax purposes. Purchased intangible assets with finite useful lives are amortized over their respective estimated useful lives (using an accelerated method for customer relationships and trade names) to their estimated residual values, if any. The Company’s finite-lived intangible assets consist of customer relationships, contractor and resume databases, trade names, and internal use software and are being amortized over periods ranging from two nine years No

CREDIT FACILITIES AND LINE OF C

CREDIT FACILITIES AND LINE OF CREDIT	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
CREDIT FACILITIES AND LINE OF CREDIT	NOTE 9 – CREDIT FACILITIES AND LINE OF CREDIT We maintain operating lines of credit, factoring and revolving credit facilities with banks and finance companies to provide us working capital. On March 25, 2022 we entered into a Business Finance Agreement (the “BFA”) with BridgeBank a division of Western Alliance Bank (“BridgeBank”) to establish the sale of accounts receivable credit facility, whereby we may obtain short-term financing by selling and assigning acceptable accounts receivables to BridgeBank. Pursuant to the BFA, the outstanding principal amount of advances made by BridgeBank at any time shall not exceed $ 8.5 15 The annual interest rate with respect to the daily average balance of unpaid advances outstanding under the BFA (computed on a monthly basis) is equal to the “Prime Rate” of Wells Fargo Bank N.A. plus 1.5%, plus a monthly fee equal to 0.15% of the average outstanding balance.

RELATED PARTY NOTES PAYABLE

RELATED PARTY NOTES PAYABLE	12 Months Ended
	Dec. 31, 2022
Related Party Notes Payable
RELATED PARTY NOTES PAYABLE	NOTE 10 – RELATED PARTY NOTES PAYABLE Related party notes payable, consisted of the following as of December 31: SCHEDULE OF NOTES PAYABLE, RELATED PARTIES 2022 2021 In thousands Note payable –Marin $ 180 $ 420 Note payable –Thomet 113 263 Total notes payable 293 683 Less current portion 293 390 Long-term portion $ - $ 293 For the years ended December 31, 2022 and December 31, 2021, the Company recorded interest expense in connection with these notes in the amount of $ 8 10 Note Payable -Marin In December 2017, we entered into a $ 660 1.89 60 monthly 20 71 Note Payable – Thomet In December 2017, we entered into a $ 750 zero 60 monthly 13

OTHER NOTES PAYABLE

OTHER NOTES PAYABLE	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
OTHER NOTES PAYABLE	NOTE 11 – OTHER NOTES PAYABLE Other notes payable consists of the following as of December 31, SCHEDULE OF OTHER NOTES PAYABLE In thousands 2022 2021 Note Payable - Secured Supplier Note $ - $ 2,243 Notes Payable - other 11,627 7,924 Total 11,627 10,167 Less current portion 11,572 7,521 Long Term Notes Payable $ 55 $ 2,646 Future maturities of notes payable are as follows for the years ending December 31, 2022: SCHEDULE OF FUTURE MATURITIES OF NOTE PAYABLE In thousands 2023 $ 11,572 2024 55 Total $ 11,627 Secured Supplier Note Payable On July 18, 2016, the Company and the Supplier entered into a certain secured promissory note, with an effective date of July 1, 2016, in the principal amount of $ 12.5 18 250 Other Notes Payable On July 29, 2021, the Company entered into a long-term loan from Leumi Bank totalling NIS 7 2.16 4.5 8.25 8 4 years On November 28, 2021, the Company entered into another long-term loan from Leumi Bank totalling NIS 3.5 1.1 4.5 8.25 8 4 years On August 11, 2021, the Company purchased vehicles using cash and financing of NIS 500 155 5 years 7.5 342 97 On March 27, 2022, the Company entered into another long-term loan from Leumi Bank totalling NIS 3.5 1.1 4.5 8.25 8 4 years On September 13, 2022, the Company entered into a long-term loan from Hapoalim Bank totalling NIS 3 0.9 6.03 36 3 years 2.8 0.8 During the year ended December 31, 2021, the Company entered into five lines of credit totalling NIS 17.5 13.6 4.4 During the year ended December 31, 2022, the Company entered into five short term loans totalling NIS 26.8 7.6 6.3 As of December 31, 2022, the Company was not in compliance with certain financial covenants related to the Bank Leumi and Bank Hapoalim debt. The Company’s failure to comply with these financial covenants could result in an event of default under its debt agreements. Therefore, we reclassified the total balance as current debt on the balance sheet. The Company is actively pursuing options to address its noncompliance. The lenders have not requested early repayment of the loan as of the date when these financial statements were available to be issued.

OTHER LIABILITIES

OTHER LIABILITIES	12 Months Ended
	Dec. 31, 2022
Other Liabilities Disclosure [Abstract]
OTHER LIABILITIES	NOTE 12 – OTHER LIABILITIES As of December 31, 2022 and 2021, other liabilities consisted of the following: SCHEDULE OF OTHER LIABILITIES In thousands 2022 2021 Other vendor payable $ 801 801 Dividend payable 153 1,418 Others 705 1,882 Total other liabilities 1,659 4,101 Less current portion (1,394 ) (2,683 ) Total long term other liabilities $ 265 $ 1,418

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 13 – COMMITMENTS AND CONTINGENCIES Profit Sharing Plan We maintain a contributory profit-sharing plan covering substantially all fulltime employees within the requirements of the Employee Retirement Income Security Act of 1974 (“ERISA”). In 2016, the Safe Harbor element was removed from the plan and the employer may make a discretionary matching contribution equal to a uniform percentage or dollar amount of participants’ elective deferrals for each Plan Year. In 2015, we were required to make a safe harbor non-elective contribution equal to 3 percent of a participant’s compensation. The plan also includes a 401(k) savings plan feature that allows substantially all employees to make voluntary contributions and provides for discretionary matching contributions determined annually by the Board of Directors. For the year ending December 31, 2022 and 2021, the company has elected to match, the total expense was $ 122 108 Operating Leases As of December 31, 2022, we had 5 Operating leases as follows: ● Office space in Akron, Ohio, with monthly payments of $ 3 14.55 5 ● Office space in Salt Lake City UT with monthly payments of $ 24 44 ● Dangot’s corporate offices are currently located at Yad harutzim 14 Tel-Aviv, Israel and serves as the company’s main operating location. As of December 31, 2022, we had 23 ● The Company lease additional office space for our finance and service department at Yad harutzim 14 Tel-Aviv, Israel. As of December 31, 2022, the Company had 12 ● The Company also lease office and warehouse space for our products and technical support staff in Rival Street, Tel-Aviv, Israel. As of December 31, 2022, the Company had 30 Other information related to our operating leases is as follows: SCHEDULE OF OTHER INFORMATION RELATED TO OPERATING LEASE In thousands ROU asset - January 1, 2021 $ 76 Amortization (199 ) Effective foreign exchange rates 121 Increase 3558 ROU asset - December 31, 2021 3,556 Increase - Effective foreign exchange rates (256 ) Amortization (1,000 ) ROU asset - December 31, 2022 $ 2,300 In thousands Lease liability - January 1, 2021 $ 79 Increase 3,558 Effective foreign exchange rates 169 Amortization (199 ) Lease liability - December 31, 2021 3,607 Decrease - Increase (Decrease) - Effective foreign exchange rates (261 ) Amortization (1,000 ) Lease liability - December 31, 2022 $ 2,346 As of December 31, 2022, our operating leases had a weighted average remaining lease term of 29 5.7 The table below reconciles the fixed component of the undiscounted cash flows for each of the first five years and the total remaining years to the lease liabilities recorded on the Consolidated Balance Sheet as of December 31, 2022: SCHEDULE OF FUTURE MINIMUM RENTAL PAYMENTS FOR OPERATING LEASES In thousands Year Minimum lease payments 2023 $ 1,102 2024 873 2025 397 2026 176 2027 - Total 2,548 Less interest (202 ) Present value of future minimum lease payments 2,346 Less current obligations (942 ) Long term lease obligations $ 1,404 LITIGATION The Company was named a defendant in a case involving a former employee who claims he is owed approximately $ 60 The company is not a party to any other pending material legal proceeding in which it is defending against any claims of material significance. To the knowledge of management, no federal, state or local governmental agency is presently contemplating any proceeding against the Company. To the knowledge of management, no director, executive officer or affiliate of the Company, any owner of record or beneficially of more than five percent of the Company’s Common Stock is a party adverse to the Company or has a material interest adverse to the Company in any proceeding.

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 14 – STOCKHOLDERS’ EQUITY PREFERRED STOCK Series A As of December 31, 2022 and 2021, there were 2,000,000 zero The board of directors had previously set the voting rights for the preferred stock at 1 share of preferred to 13 common shares. Series B As of December 31, 2022 and 2021, there was one ( 1 zero Series C As of December 31, 2022 and 2021, there were 3,000,000 544,500 544,500 0.06 1 153 126 In 2021, certain holders of Series C Shares elected to convert $ 1.6 1,600,530 194 105,551 The Series C Preferred Stock has a liquidation value and conversion price of $1.00 per share ($20.00 per 20 shares of preferred stock which convert to one share of common stock) and automatically converts into Common Stock at $1.00 per share ($20.00 per 20 shares of preferred stock which convert to one share of common stock) in the event that the Company’s common stock has a closing price of $30 per share for 20 consecutive trading days. COMMON STOCK In October 2021, OMNIQ’ Board of Directors adopted an Equity Incentive Plan (the “Plan”), as an incentive to retain in the employ of and attract new employees, directors, officers, consultants, advisors and employees to the Company. Pursuant to the Plan, 1,118,856 0.001 841,500 no In August 2020, OMNIQ’ Board of Directors adopted an Equity Incentive Plan (the “Plan”), as an incentive to retain in the employ of and attract new employees, directors, officers, consultants, advisors and employees to the Company. Pursuant to the Plan, one million ( 1,000,000 ) shares of the Company’s common stock, par value $ 0.001 (the “Shares”), were set aside and reserved for issuance. The Plan approved by our stockholders at the September 2020, shareholders’ meeting. No shares were issued under the Plan in 2021, or 2022. In December 2015, our Board of Directors approved the OMNIQ. Employee Stock Purchase Plan (the “ESPP”). For the years ending December 31, 2022 and 2021, employees purchased 7,025 37 2,186 16 Warrants and Stock Options In connection with the July 2021 Securities Purchase Agreement previously described, we issued warrants to purchase 171,429 7.70 1.3 Options and warrants are valued at the grant date using the Black-Scholes valuation methodology. The Company determines the assumptions used in the valuation of warrants and option awards as of the date of grant. Differences in the expected stock price volatility, expected term or risk-free interest rate may necessitate distinct valuation assumptions at those grant dates. As such, the Company may use different assumptions for options and warrants granted throughout the year. The valuation assumptions used to determine the fair value of each option and warrant awarded in 2022: expected stock price volatility ranged from 104.33 to 126.44 %; expected term in years 3.25 ; and risk-free interest rate ranged from 1.76 % to 4.52 %. The valuation assumptions used to determine the fair value of each warrant awarded in 2021: expected stock price volatility 151.0 5 0.41 No additional options were issued in 2021. No warrants were exercised during the year ended December 31, 2022. For warrants exercised during the year ended December 31, 2021, the difference between the fair value of the Common Stock issued and the respective exercise price was $ 683 The following table summarizes information about warrants granted during the years ended December 31: SCHEDULE OF WARRANTS ACTIVITY 2022 2021 Number of Weighted Number of Weighted Balance, beginning of year 1,378,929 $ 7.40 1,366,667 $ 7.19 Warrants granted 112,805 6.59 171,429 7.70 Warrants expired 10,000 8.00 40,000 10.00 Warrants exercised - - 119,167 6.99 Balance, end of year 1,481,734 7.34 1,378,929 7.40 Exercisable warrants 1,424,234 $ 7.38 1,295,596 $ 6.38 Outstanding warrants as of December 31, 2022 are as follows: SCHEDULE OF OUTSTANDING WARRANTS Weighted Average Weighted Weighted Range of Residual Life Average Average Exercise Span Outstanding Exercise Exercisable Exercise Prices (in years) Warrants Price Warrants Price 5.91 4.33 40,000 $ 5.91 5,000 $ 5.91 6.95 4.23 42,805 6.95 42,805 6.95 7.00 2.62 847,500 7.00 855,000 7.00 7.50 3.68 250,000 7.50 250,000 7.50 7.70 3.52 171,429 7.70 171,429 7.70 10.00 0.39 100,000 10.00 100,000 10.00 5.91 10.00 2.41 1,481,734 $ 7.34 1,424,234 $ 7.38 Warrants outstanding have the following expiry date and exercise prices as of the years ended December 31: SCHEDULE OF WARRANTS OUTSTANDING, EXPIRY DATE AND EXERCISE PRICES Exercise Expiry Date Prices 2022 2021 February 27, 2022 8.00 - 10,000 May 18, 2023 10.00 50,000 50,000 October 14, 2023 10.00 50,000 50,000 October 06, 2024 7.00 847,500 847,500 September 01, 2025 7.50 83,334 83,334 June 04, 2026 7.50 83,333 83,333 July 7, 2026 7.70 171,429 171,429 December 04, 2027 7.50 83,333 83,333 March 25, 2027 6.95 42,805 - May 1, 2027 7.00 30,000 - May 1, 2027 5.91 40,000 - 1,481,734 1,378,929 We have a stock option plan whereby the Board of Directors, may grant to directors, officers, employees, or consultants of the Company options to acquire common shares. The Board of Directors of the Company has the authority to determine the terms, limits, restrictions and conditions of the grant of options, to interpret the plan, and make all decisions relating thereto. The plan was adopted by the Company’s Board of Directors on November 17, 2014 in order to provide an inducement and serve as a long-term incentive program. The maximum number of common shares that may be reserved for issuance was set at 500,000 The option exercise price is established by the Board of Directors and may not be lower than the market price of the common shares at the time of grant. The options may be exercised during the option period determined by the Board of Directors, which may vary, but will not exceed ten years from the date of the grant. There are 500,000 For options exercised during the year ended December 31, 2022, the difference between the fair value of the Common Stock issued and the respective exercise price was $ 369 477 For options exercised during the year ended December 31, 2021, the difference between the fair value of the Common Stock issued and the respective exercise price was $ 1.5 6.6 Stock Options SCHEDULE OF STOCK OPTIONS GRANTED 2022 2021 Number of Weighted Number of Weighted Balance, beginning of year 1,559,300 $ 4.58 1,811,550 $ 4.32 Stock options granted 841,500 - - - Stock options expired - - 28,750 - Stock options cancelled, forfeited 9,000 - - - Stock options exercised 201,217 - 223,500 - Balance, end of year 2,190,583 5.00 1,559,300 4.58 Exercisable stock options 1,420,312 $ 4.96 1,065,133 $ 4.56 Stock options outstanding at the end of the year have the following expiry date and exercise prices as of December 31, SCHEDULE OF STOCK OPTIONS, EXPIRY DATE AND EXERCISE PRICES Exercise Expiry Date Prices 2022 2021 February 17, 2022 1.50 - 38,017 February 17, 2022 1.80 - 76,033 February 28, 2023 5.00 20,000 20,000 March 05, 2023 2.40 242,000 247,000 July 31, 2023 5.00 127,500 127,500 October 31, 2023 4.40 10,000 54,000 November 30, 2023 5.40 120,250 131,750 November 20, 2024 10.00 125,000 125,000 April 20, 2025 4.20 10,000 10,000 March 1, 2027 5.14 648,500 - March 1, 2027 5.65 140,000 - May 1, 2027 5.90 30,000 - October 31, 2027 5.98 19,000 - September 30, 2030 4.40 318,333 350,000 September 30, 2030 4.84 380,000 380,000 2,190,583 1,559,300 We recorded stock compensation expense relating to the vesting of stock options and warrants as follows for the years ended December 31, SCHEDULE OF STOCK COMPENSATION EXPENSE 2022 2021 In thousands Stock compensation $ 1,321 $ 951 Stock Option vesting 1,852 1,600 Total $ 3,173 $ 2,551

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 15 – RELATED PARTY TRANSACTIONS In February 2020 we amended the consulting agreement with Mr. Carlos J. Nissensohn, a principal shareholder of the Company and a family member of a Director and Officer of the Company. The terms and condition of the contract are as follows: ● 48-month term with 90-day termination notice by the Company ● A monthly fee of $ 30 ● If we procure debt financing during the term of Mr. Nissensohn’s agreement, without any equity component, Mr. Nissensohn shall be entitled to 3% of the gross funds raised, however if we are required to pay a success fee to another external entity, then Mr. Nissensohn shall be entitled to only 2% of the gross funds raised. ● In addition to the above, in the event of an equity financing resulting in gross proceeds of at least $ 3 3% 100% ● In addition to the above, Mr. Nissensohn will be entitled to a $ 80 st ● In addition to the aforementioned, in the event that we close any M&A transaction with a third party target, Mr. Nissensohn shall be entitled to a success fee in the amount equal to 5% Additional related party transactions are discussed in Note 10.

CONCENTRATION AND GEOGRAPHIC DA

CONCENTRATION AND GEOGRAPHIC DATA	12 Months Ended
	Dec. 31, 2022
Concentration And Geographic Data
CONCENTRATION AND GEOGRAPHIC DATA	NOTE 16 – CONCENTRATION AND GEOGRAPHIC DATA For the years ended December 31, 2022 and 2021, one customer accounted for 30% 23% Information about Geographic Areas Revenues by geography are based on the billing addresses of our customers. The following tables set forth revenues by geographic area for the years ended December 31, SCHEDULE OF REVENUES In thousands 2022 2021 Revenues: United States $ 51,023 $ 53,725 Israel 42,217 21,848 Rest of the world 9,305 2,678 Total revenues $ 102,545 $ 78,251 The Company’s operations are subject to various political, economic, and other risks and uncertainties inherent in the countries in which the Company operates. Among other risks, the Company’s operations are subject to the risks of restrictions on transfer of funds; export duties, quotas and embargoes; domestic and international customs and tariffs; changing taxation policies; foreign exchange restrictions; and political conditions and governmental regulations.

INCOME TAX

INCOME TAX	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
INCOME TAX	NOTE 17 – INCOME TAX For the year ended December 31, 2022, the Company has $ 35 30 The tax effect of temporary differences that give rise to deferred tax assets and deferred tax liabilities are as follows as of December 31, SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES In thousands Deferred tax assets 2022 2021 Reserves and deferred revenue $ 411 $ 182 163(j) Limitation 2,260 1,682 Foreign deferred tax assets 135 165 Net operating loss 8,353 7,164 Total gross deferred tax assets 11,158 9,193 Less: Valuation Allowance (10,890 ) (8,720 ) Net deferred tax assets 269 473 Deferred tax liabilities Amortization of intangible assets and depreciation (134 ) (308 ) Total deferred tax liabilities (134 ) (308 ) Net deferred tax assets $ 135 $ 165 Components of net deferred tax assets, including a valuation allowance, are as follows as of December 31: SCHEDULE OF DEFERRED TAX ASSETS AND VALUATION ALLOWANCES 2022 2021 Deferred tax assets $ 11,025 $ 8,885 Valuation allowance (10,890 ) (8,720 ) Total deferred tax assets $ 135 $ 165 The valuation allowance for deferred tax assets as of December 31, 2022 and 2021 was $ 10.9 8.7 The reconciliation between statutory rate and effective rate is as follows as of December 31,: SCHEDULE OF RECONCILIATION OF STATUTORY RATE AND EFFECTIVE TAX RATE 2022 2021 Federal statutory tax rate 21.00 % 21.0 % State taxes (0.07 )% (0.03 )% Foreign income taxes (4.45 )% (6.38 )% Change in valuation allowance (16.13 )% (15.24 )% Return to provision adjustments (.03 )% .079 % Other (.76 )% (1.37 )% Effective tax rate (.44 )% (1.23 )% The Company reported no uncertain tax liability as of December 31, 2022 and expects no significant change to the uncertain tax liability over the next twelve months. The Company’s 2015, 2016, 2017, 2018, 2019, 2020 and 2021 federal and state income tax returns are open for examination by the applicable governmental authorities. As of December 31, 2022, the Company had a net operating loss (NOL) carryforward of approximately $ 39.7

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Principles of Consolidation and Basis of Presentation	Principles of Consolidation and Basis of Presentation Our consolidated financial statements include the financial position and results of operations of OMNIQ Corp. and its wholly owned subsidiaries Quest Marketing, Inc., HTS Image Processing, Inc., OmniQ Vision Inc., HTS Image Ltd., OmniQ Technologies Ltd., and Dangot Computers Ltd. collectively referred to herein as “we” or “us” or “our” or the “Company.” All significant intercompany accounts and transactions have been eliminated in these consolidated financial statements. Business combinations are included in the consolidated financial statements from their respective dates of acquisition.
Use of Estimates	Use of Estimates We prepare our consolidated financial statements in accordance with accounting principles generally accepted in the United States of America, which requires management to use its judgment to make estimates and assumptions that affect the reported amounts of assets and liabilities and related disclosures at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reported period. These assumptions and estimates could have a material effect on our consolidated financial statements. Actual results may differ materially from those estimates. We review our estimates on an ongoing basis based on information currently available, and changes in facts and circumstances may cause us to revise these estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash consists of petty cash, checking, savings, and money market accounts. For the purpose of the statements of cash flows, all highly liquid investments with an original maturity of three months or less are considered cash equivalents. There were no cash equivalents as of December 31, 2022 and 2021. The Company maintains its cash in bank deposit accounts which, at times, may exceed federally insured limits.
Accounts Receivable	Accounts Receivable We manage credit risk associated with our accounts receivables at the customer level. Because the same customers typically generate the revenues that are accounted for under both Accounting Standards Codification Topic 606, Revenue from Contracts with Customers (Topic 606) Accounting Standards Codification Topic 326, Credit Losses (Topic 326 We believe concentration of credit risk, with respect to our receivables, is limited because our customer base is comprised of a number of geographically diverse customers. We manage credit risk through credit approvals, credit limits and other monitoring procedures. Pursuant to Topic 326 for our accounts receivables, we maintain an allowance for doubtful accounts that reflects our estimate of our expected credit losses. Our allowance is estimated using a loss rate model based on delinquency. The estimated loss rate is based on our historical experience with specific customers, our understanding of our current economic circumstances, reasonable and supportable forecasts, and our own judgment as to the likelihood of ultimate payment based upon available data. We perform credit evaluations of customers and establish credit limits based on reviews of our customers’ current credit information and payment histories. We believe our credit risk is somewhat mitigated by our geographically diverse customer base and our credit evaluation procedures. The actual rate of future credit losses, however, may not be similar to past experience. Our estimate of doubtful accounts could change based on changing circumstances, including changes in the economy or in the particular circumstances of individual customers. Accordingly, we may be required to increase or decrease our allowance for doubtful accounts. Based on management’s evaluation, accounts receivable has a balance in the allowance for doubtful accounts of $ 455 6
Inventory	Inventory Substantially all inventory consists of raw materials and finished goods and are valued at the lower of historic cost or net realizable value; where net realizable value is considered to be the estimated selling price in the ordinary course of business, less reasonably predictable cost of completion, disposal and transportation. Historic inventory costs are calculated on a first-in-first-out basis or specific cost.
Property and Equipment	Property and Equipment Property and equipment are recorded at cost and depreciated using straight-line over the estimated useful lives. Ordinary repair and maintenance costs are included in sales, general and administrative (“SG&A”) expenses on our consolidated statements of operations. However, expenditures for additions or improvements that significantly extend the useful life of the asset are capitalized in the period incurred. At the time assets are sold or disposed of, the cost and accumulated depreciation are removed from their respective accounts and the related gains or losses are reflected in the statements of operations in gains from sales of property and equipment, net. We periodically evaluate the appropriateness of remaining depreciable lives assigned to property and equipment. Leasehold improvements are amortized using the straight-line method over their estimated useful lives or the remaining term of the lease, whichever is shorter. Depreciation expense for the years ended December 31, 2022 and 2021 was $ 324 251 SCHEDULE OF ESTIMATED USEFUL LIVES OF PROPERTY AND EQUIPMENT Category Estimated Useful Life Furniture and fixtures Computer equipment Office equipment Software Leasehold improvements 5 7 3 5 3 10 3 15 Vehicles 5
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair value is defined as the amount that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The FASB fair value measurement guidance established a fair value hierarchy that prioritizes the inputs used to measure fair value. The three broad levels of the fair value hierarchy are as follows: Level 1 – Quoted prices (unadjusted) in active markets for identical assets or liabilities Level 2 – Quoted prices for similar assets and liabilities in active markets or inputs that are observable for the asset or liability, either directly or indirectly Level 3 – Unobservable inputs for which little or no market data exists, therefore requiring a company to develop its own assumptions Assets and liabilities are classified based on the lowest level of input that is significant to the fair value measurements. We review the fair value hierarchy classification on a quarterly basis. Changes in the observable inputs may result in a reclassification of assets and liabilities within the three levels of the hierarchy outlined above. The carrying amounts of certain financial instruments, such as cash equivalents, short term investments, accounts receivable, accounts payable and accrued liabilities, approximate fair value due to their relatively short maturities.
Definite-lived Intangible Assets	Definite-lived Intangible Assets The Company periodically evaluates the carrying value of definite-lived intangibles when events or changes in circumstances indicate that the carrying value may not be recoverable. Factors the Company considers important which could trigger an impairment review include, but are not limited to, significant under-performance relative to historical or projected future operating results, significant changes in the manner of its use of acquired assets or its overall business strategy, and significant industry or economic trends. The Company amortizes definite-lived intangible assets on a straight-line basis over their useful lives. The Company recorded no When the Company determines that the carrying value of a long-lived asset may not be recoverable based upon the existence of one or more of the above indicators, the Company determines the recoverability by comparing the carrying amount of the asset to net future undiscounted cash flows that the asset is expected to generate and recognizes an impairment charge equal to the amount by which the carrying amount exceeds the fair market value of the asset. If the Company’s revenues or other estimated operating results are not achieved at or above our forecasted level, and the Company is unable to recover such costs through price increases, the carrying value of certain of the Company’s intangible assets may prove to be unrecoverable and we may incur impairment charges of definitive-live intangible assets. Definite-lived intangible assets are stated at cost, net of accumulated amortization. The assets are being amortized on the straight-line method over useful lives ranging from 3 11 7.5
Indefinite-lived Intangible Assets, Including Goodwill	Indefinite-lived Intangible Assets, Including Goodwill Indefinite-lived intangible assets, including goodwill, are not amortized but are required to be reviewed for impairment at least annually or when events or circumstances indicate that carrying value may exceed fair value. The Company is permitted the option to first assess qualitative factors to determine whether the existence of events and circumstances indicates that it is more likely than not that the fair value of the Company’s reporting unit is less than its corresponding carrying value. If, after assessing the totality of events and circumstances, the Company concludes that it is not more likely than not that the fair value of the reporting unit is less than its corresponding carrying value then the Company is not required to take further action. However, if the Company concludes otherwise, then the Company must calculate the fair value of the reporting unit and compare it with its carrying amount, including Indefinite-lived intangible assets and recognize impairment equal to the difference between the carrying amount of the reporting unit and its fair value, considering the related income tax effect from any tax-deductible goodwill. The estimated fair value of the reporting unit exceeded the carrying value as of December 31, 2022 and 2021, and, therefore, no
Accounts Payable	Accounts Payable Accounts payable are made up of payables due to vendors in the ordinary course of business a December 31, 2022 and 2021. One vendor made up 48 65
Leases	Leases We determine whether an arrangement is a lease at the inception of the arrangement based on the terms and conditions in the contract. A contract contains a lease if there is an identified asset, and we have the right to control the asset for a period of time in exchange for consideration. Lease arrangements can take several forms. Some arrangements are clearly within the scope of lease accounting, such as a real estate contract that provides an explicit contractual right to use a building for a specified period of time in exchange for consideration. However, the right to use an asset can also be conveyed through arrangements that are not leases in form, such as leases embedded within service and supply contracts. We analyze all arrangements with potential embedded leases to determine if an identified asset is present, if substantive substitution rights are present, and if the arrangement provides the customer control of the asset. Our lease portfolio is substantially comprised of operating leases related to leases of real estate and improvements. From time to time, we may also lease various types of small equipment and vehicles. Operating lease right-of-use (“ROU”) assets represent our right to use an individual asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide the lessor’s implicit rate, we use our incremental borrowing rate (“IBR”) at the commencement date in determining the present value of lease payments by utilizing a fully collateralized rate for a fully amortizing loan with the same term as the lease. Lease terms include options to extend the lease when it is reasonably certain those options will be exercised. For leases with terms greater than 12 months, we record the related asset and obligation at the present value of lease payments over the term. Our leases can include rental escalation clauses, renewal options and/or termination options that are factored into our determination of lease payments when such renewal options and/or termination options are reasonably certain of exercise. A ROU asset is subject to the same impairment guidance as assets categorized as plant, property, and equipment. As such, any impairment loss on ROU assets is presented in the same manner as an impairment loss recognized on other long-lived assets. A lease modification is a change to the terms and conditions of a contract that change the scope or consideration of a lease. For example, a change to the terms and conditions to the contract that adds or terminates the right to use one or more underlying assets, or extends or shortens the contractual lease term, is a modification. Depending on facts and circumstances, a lease modification may be accounted as either: (1) the original lease plus the lease of a separate asset(s) or (2) a modified lease. A lease will be remeasured if there are changes to the lease contract that do not give rise to a separate lease.
Purchase Accounting and Business Combinations	Purchase Accounting and Business Combinations We account for our business combinations using the purchase method of accounting which requires that intangible assets be recognized apart from goodwill if they are contractual in nature or separately identifiable. Acquisitions are measured on the fair value of consideration exchanged and, if the consideration given is not cash, measurement is based on the fair value of the consideration given or the fair value of the assets acquired, whichever is more reliably measurable. The excess of cost of an acquired entity over the fair value of identifiable acquired assets and liabilities assumed is allocated to goodwill. The valuation and allocation processes rely on significant assumptions made by management. In certain situations, the allocations of excess purchase price are based upon preliminary estimates and assumptions. Accordingly, the allocations are subject to revision when we receive updated information, including appraisals and other analyses, which are completed within one year of the acquisition. Revisions to the fair values, which may be significant, are recorded when pending information is finalized, within one year from the acquisition date.
Revenue Recognition	Revenue Recognition When entering into contracts with our customers, we review follow the five steps outline in Accounting Standards Codification Topic 606, Revenue from Contracts with Customers (Topic 606) i. Identify the contract with our customer. ii. Identify the performance obligations in the contract. iii. Determine the transaction price. iv. Allocate the transaction price to the performance obligations. And v. Evaluate the satisfaction of the performance obligations, We account for contracts, with our customers, when we have approval and commitment from both parties, the rights of the parties are identified, payment terms are established, the contract has commercial substance and collectability of consideration is probable. We evaluate, in accordance with Topic 606, whether we meet the criteria to be a principal or an agent and record the revenue on a gross or net basis. We are considered a principal if we obtain control of any one of the following: i. A good or another asset from another party that we then transfer to our customer. ii. A right to a service to be performed by another party, which gives the us the ability to direct that party to provide the service to the customer on our behalf, and iii. A good or service from another party that we then combine with other goods or services in providing the specified good or service to our customer. We have certain relationships with manufacturers and suppliers to sell us products or provide services. Our contracts may transfer to our customer a right to a future service or product to be provided by our manufacturer or supplier. When a specified good or service is a right to a good or service is provided by a manufacturer or supplier, we evaluate whether we control the right to the goods or services before that right is transferred to the customer rather than whether we control the underlying goods or services. Indicators that we control the specified good or service before it is transferred to the customer (and we are therefore a principal) include, but are not limited to, the following: i. We are responsible for fulfilling the promise to provide the specified good or service. This typically includes responsibility for the acceptability of the specified good or service. If we are primarily responsible for fulfilling the promise to provide the specified good or service, this may indicate that the other party involved in providing the specified good or service is acting on our behalf. Often, we provide value added services (combining hardware, integrating hardware to software, etc.) to the products and services purchased from our manufacturers and suppliers. ii. We have inventory risk before the specified good or service has been transferred to a customer. Our purchases of products or services from our manufactures and suppliers is evidenced by our issuing a binding purchase order contract with the negotiated terms including specifications, pricing, delivery among other things. Our obligation for purchased products and services is mutually exclusive of our customers’ performance (failure to take acceptance, make payment, etc.) iii. We have sole discretion in establishing our price for the specified good or service. Establishing the price our customer pays for a specified good or service may indicate we have the ability to direct the use of that good or service and obtain substantially all of the remaining benefits. We control and set the pricing for the product or services to be provided to our customers. If the terms of a transaction do not indicate we are acting as a principal in the transaction, we are then considered acting as an agent and the associated revenues would be recognized on a net basis. As principal, when (or as) we satisfy a performance obligation, we recognize revenue in the gross amount of consideration which we expect to be entitled in exchange for the specified good or service transferred. We are an agent if our performance obligation is to arrange for the provision of the specified good or service by another party. As an agent, we do not control the specified good or service provided by another party before that good or service is transferred to our customer. As an agent, when (or as) we satisfy a performance obligation, we recognize revenue in the amount of any fee or commission which we expect to be entitled in exchange for arranging for the specified goods or services to be provided by another party to our customer. Under Topic 606, we recognize revenue (on either a gross or net basis previously discussed) only when we satisfy a performance obligation by transferring a promised good or service to our customer. A good or service is considered transferred when the customer obtains control. The standard defines control as an entity’s ability to direct the use of, and obtain substantially all of the remaining benefits from, an asset. We recognize revenue (either gross or net) once control has passed to the customer. The following indicators are evaluated in determining when control has passed to the customer: i. We have a right to payment for the product or service, ii. The customer has legal title to the product, iii. We have transferred physical possession of the product to the customer, iv. The customer has the risk and rewards of ownership of the product, and v. The customer has accepted the product. Revenue Recognition for Hardware. Manufacturers and suppliers, from whom we purchase hardware, often provide their warranties only providing assurance the products and services will conform to their specifications. These assurance type warranties are not sold separately and are not considered separate performance obligations. In some transactions, a third-party will provide the customer with an extended warranty. These extended warranties are sold separately and provide the customer with a service in addition to assurance that the product will function as expected. We consider these warranties to be separate performance obligations from the underlying product. For warranties, where we are arranging those services be provided by a third-party, we are acting as an agent in the transaction and records revenue on a net basis at the point of sale. Revenue Recognition for Software. As explained above, we evaluate whether the software assurance is a separate performance obligation by assessing if the third-party delivered software assurance is critical or essential to the core functionality of the software itself. This involves considering: i. If the software provides its original intended functionality to the customer without the updates, ii. If the customer would ascribe a higher value to the upgrades versus the up-front deliverable, iii. If the customer would expect frequent intelligence updates to the software (such as updates that maintain the original functionality), and iv. If the customer chooses to not delay or always install upgrades. If we determine the accompanying third-party delivered software assurance is critical or essential to the core functionality of the software license, the software license and the accompanying third-party delivered software assurance are recognized as a single performance obligation. In some transactions, a third-party will provide the customer with an extended warranty. These extended warranties are sold separately and provide the customer with a service in addition to assurance that the product will function as expected. We consider these warranties to be separate performance obligations from the underlying product. For warranties, where we are arranging those services be provided by a third-party, we are acting as an agent in the transaction and records revenue on a net basis at the point of sale. Revenue Recognition for Services. Revenues from the sale of professional and support services, provided by us, are recognized over the period the service is provided. As the customer receives the benefit of the service each month, we recognize the respective revenue on a gross basis as we are acting as a principal in the transaction. Additionally, we manage services team provides project support to customers that are billed on a fixed fee basis. We are acting as the principal in the transaction and recognize revenue on a gross basis based on the total number of hours incurred for the period over the total expected hours for the project. Total expected hours to complete the project is updated for each period and best represents the transfer of control of the service to the customer. Freight Costs.
Stock-Based Compensation	Stock-Based Compensation We periodically issue stock options and warrants to employees and non-employees in non-capital raising transactions for services and for financing costs. We account for stock option and warrant grants issued and vesting to employees based on the authoritative guidance provided by Financial Accounting Standards Board (the “FASB”) where the value of the award is measured on the date of grant and recognized as compensation expense on the straight-line basis over the vesting period. We record stock-based compensation expense according to the provisions of ASC Topic 718, Compensation – Stock Compensation. ASC Topic 718 requires all share-based payments to employees, including grants of employee stock options, to be recognized in the financial statements based on their fair values. Under the provisions of ASC Topic 718, the Company determines the appropriate fair value model to be used for valuing share-based payments and the amortization method for compensation cost. The fair value of each stock option grant is estimated on the date of grant using the Black-Scholes option-pricing model. The Company estimates the expected volatility and expected option life assumption consistent with ASC Topic 718, Compensation – Stock Compensation. The expected volatility of the Company’s common stock at the date of grant is estimated based on a historic volatility rate and the expected option life is calculated based on historical stock option experience as the best estimate of future exercise patterns. The dividend yield assumption is based on historical and anticipated dividend payouts. The risk-free interest rate assumption is based on observed interest rates consistent with the expected life of each stock option grant. The Company uses historical data to estimate pre-vesting option forfeitures and records stock-based compensation expense only for those awards that are expected to vest. Compensation expense is recorded for all stock options expected to vest based on the amortization of the fair value at the date of grant on a straight-line basis primarily over the vesting period of the options. In October 2021, OMNIQ’ Board of Directors adopted an Equity Incentive Plan (the “Plan”), as an incentive to retain in the employ of and attract new employees, directors, officers, consultants, advisors and employees to the Company. Pursuant to the Plan, 1,118,856 0.001 No In August 2020, the Board of Directors approved our 2020 Equity Incentive Plan and later amended it. In September 2020, our shareholders adopted and ratified the 2020 Equity Incentive Plan. The total number of shares of Common Stock authorized for issuance under the 2020 Plan is 1,000,000 Equity instruments issued to parties other than employees for acquiring goods or services. The Company accounts for equity instruments issued to parties other than employees for acquiring goods or services under guidance of section 505-50-30 of the FASB Accounting Standards Codification (“FASB ASC Section 505-50-30”). Pursuant to FASB ASC Section 505-50-30, all transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. The measurement date used to determine the fair value of the equity instrument issued is the earlier of the date on which the performance is complete or the date on which it is probable that performance will occur. Warrants.
Advertising	Advertising The Company expenses marketing and advertising costs as incurred. During 2022 and 2021, the Company spent $ 630 213 The Company received rebates on advertising from co-operative advertising agreements with several vendors and suppliers. These rebates have been recorded as a reduction to the related advertising and marketing expense.
Foreign Currency Translation	Foreign Currency Translation Our consolidated financial statements are presented in U.S. dollars. The functional currency for the Company is U.S. dollars. Transactions in currencies other than the functional currency are recorded using the appropriate exchange rate at the time of the transaction. All our continuing operations are conducted in U.S. dollars except its subsidiary located in Israel. The records of the Israeli operations were maintained in the local currency and translated to the reporting currency as follows: assets and liabilities are converted using the balance sheet period-end date exchange rate. Expenses and income items are converted using the weighted average exchange rates for the reporting period. Foreign transaction gains and losses are reported on the consolidated statement of operations and comprehensive loss and were included in the amount of loss from comprehensive income.
Income Taxes	Income Taxes We account for our income taxes in accordance with Income Taxes Topic of the FASB ASC 740, which requires recognition of deferred tax assets and liabilities for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in operations in the period that includes the enactment date. Income tax expense is based on reported earnings before income taxes. Deferred income taxes reflect the impact of temporary differences between assets and liabilities recognized for consolidated financial reporting purposes and such amounts recognized for tax purposes and are measured by applying enacted tax rates in effect in years in which the differences are expected to reverse. We also follow the guidance related to accounting for income tax uncertainties. In accounting for uncertainty in income taxes, the Company recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more likely than not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50% likelihood Our income is subject to taxation in both the U.S. and a foreign jurisdiction, Israel. Significant judgment is required in evaluating the Company’s tax positions and determining its provision for income taxes. The Company establishes reserves for income tax-related uncertainties based on estimates of whether, and the extent to which, additional taxes will be due. These reserves for tax contingencies are established when we believe positions do not meet the more-likely-than-not recognition threshold. We adjust uncertain tax liabilities in light of changing facts and circumstances, such as the outcome of a tax audit or lapse of a statute of limitations. The provision for income taxes includes the impact of uncertain tax liabilities and changes in liabilities that are considered appropriate.
Comprehensive Income (Loss)	Comprehensive Income (Loss) Comprehensive income (loss) is defined as a change in equity of a business enterprise during a period from transactions and other events and circumstances from non-owner sources and includes all changes in equity during a period except those resulting from investments by owners and distributions to owners. Our other comprehensive income (loss) is composed of foreign currency translation adjustments.
Net Loss Per Common Share	Net Loss Per Common Share Net loss per share is provided in accordance with FASB ASC 260-10, “Earnings per Share”. Basic net loss per common share (“EPS”) is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted earnings per share is computed by dividing net income by the weighted average shares outstanding, assuming all dilutive potential common shares were issued, unless doing so is anti-dilutive. The weighted-average number of common shares outstanding for computing basic EPS for the years ended December 31, 2022 and December 31, 2021 were 7,576,434 6,082,763 The following table sets forth the potentially dilutive securities as of December 31, 2022 and 2021, excluded from the computation of diluted net loss per share because such securities have an anti-dilutive impact due to losses reported: SCHEDULE OF ANTI DILUTIVE SECURITIES EXCLUDES FROM COMPUTATION OF EARNINGS PER SHARE 2022 2021 Options to purchase common stock $ 2,190,583 $ 1,559,300 Warrants to purchase common stock 1,481,734 1,378,929 Potential shares excluded from diluted net loss per share $ 3,672,317 $ 2,938,229
Recent Accounting Pronouncements	Recent Accounting Pronouncements not yet adopted Management has evaluated all recent accounting pronouncements issued by the Financial Accounting Standards Board (FASB) and determined that none of the pronouncements will have a material impact on the financial statements of the Company. The Company will continue to monitor the issuance of any new accounting pronouncements and assess their potential impact on the financial statements in future periods.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
SCHEDULE OF ESTIMATED USEFUL LIVES OF PROPERTY AND EQUIPMENT	SCHEDULE OF ESTIMATED USEFUL LIVES OF PROPERTY AND EQUIPMENT Category Estimated Useful Life Furniture and fixtures Computer equipment Office equipment Software Leasehold improvements 5 7 3 5 3 10 3 15 Vehicles 5
SCHEDULE OF ANTI DILUTIVE SECURITIES EXCLUDES FROM COMPUTATION OF EARNINGS PER SHARE	The following table sets forth the potentially dilutive securities as of December 31, 2022 and 2021, excluded from the computation of diluted net loss per share because such securities have an anti-dilutive impact due to losses reported: SCHEDULE OF ANTI DILUTIVE SECURITIES EXCLUDES FROM COMPUTATION OF EARNINGS PER SHARE 2022 2021 Options to purchase common stock $ 2,190,583 $ 1,559,300 Warrants to purchase common stock 1,481,734 1,378,929 Potential shares excluded from diluted net loss per share $ 3,672,317 $ 2,938,229

BUSINESS ACQUISITIONS (Tables)

BUSINESS ACQUISITIONS (Tables)	12 Months Ended
	Dec. 31, 2022
Dangot Computers Ltd [Member]
Business Acquisition [Line Items]
SCHEDULE OF RECOGNIZED FAIR VALUES OF ASSETS ACQUIRED AND LIABILITIES ASSUMED	The following table summarizes the consideration given and the purchase price allocation: SCHEDULE OF RECOGNIZED FAIR VALUES OF ASSETS ACQUIRED AND LIABILITIES ASSUMED Purchase Price Consideration (in thousands) Total Consideration Cash payments $ 5,058 Accrued payable to owner 600 Fair value of stock issued ( 220,103 2,084 Debt assumed 5,310 Total consideration $ 13,052 Cash $ 666 Accounts receivable 13,470 Inventory 4,616 Other assets 5,392 Property and equipment 638 Goodwill 1,758 Trade name 1,893 Customer relationship 3,139 Other intangible assets 899 Assets acquired $ 32,471 Current liabilities assumed (12,911 ) Non-controlling interest (6,508 ) Net assets acquired $ 13,052

ACCOUNTS RECEIVABLE (Tables)

ACCOUNTS RECEIVABLE (Tables)	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
SCHEDULE OF ACCOUNTS RECEIVABLE	Accounts receivable consisted of the following as of December 31: SCHEDULE OF ACCOUNTS RECEIVABLE In thousands 2022 2021 Trade accounts receivable $ 24,348 $ 27,129 Less allowance for doubtful accounts (455 ) (6 ) Total accounts receivable (net) $ 23,893 $ 27,123

INVENTORY (Tables)

INVENTORY (Tables)	12 Months Ended
	Dec. 31, 2022
Inventory Disclosure [Abstract]
SCHEDULE OF INVENTORY	Inventory consisted of the following as of December 31: SCHEDULE OF INVENTORY In thousands 2022 2021 Raw materials $ 649 $ 894 Inventory in transit 2,004 - Finished goods (less allowance) 6,073 6,061 Total inventories $ 8,726 $ 6,955

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
SCHEDULE OF PROPERTY AND EQUIPMENT	The following is a summary of the components of property and equipment as of December 31,: SCHEDULE OF PROPERTY AND EQUIPMENT In thousands 2022 2021 Manufacturing and lab equipment $ 98 $ 499 Leasehold improvements 521 609 Software and computer equipment 987 1,650 Furniture and equipment 236 254 Vehicle 274 318 Property and equipment, Gross - Less: accumulated depreciation (1,030 ) (2,203 ) Property and equipment, Net $ 1,086 $ 1,127

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
SCHEDULE OF GOODWILL AND INTANGIBLE ASSETS	Goodwill and Intangible assets consisted of the following as of December 31: SCHEDULE OF GOODWILL AND INTANGIBLE ASSETS In thousands 2022 2021 Goodwill $ 16,542 $ 16,453 Trade names 6,284 6,284 Customer relationships 15,729 15,729 Other intangibles 2,216 2,322 Intangibles gross 2,216 2,322 Accumulated amortization (16,761 ) (14,980 ) Intangibles, net $ 24,010 $ 25,808
SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE	The future amortization expense on the trade names, customer relationships, and other intangibles are as follows: SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE In thousands Years ending December 31, 2023 $ 1,625 2024 952 2025 943 2026 943 2027 776 Thereafter 2,229 Total $ 7,468

RELATED PARTY NOTES PAYABLE (Ta

RELATED PARTY NOTES PAYABLE (Tables)	12 Months Ended
	Dec. 31, 2022
Related Party Notes Payable
SCHEDULE OF NOTES PAYABLE, RELATED PARTIES	Related party notes payable, consisted of the following as of December 31: SCHEDULE OF NOTES PAYABLE, RELATED PARTIES 2022 2021 In thousands Note payable –Marin $ 180 $ 420 Note payable –Thomet 113 263 Total notes payable 293 683 Less current portion 293 390 Long-term portion $ - $ 293

OTHER NOTES PAYABLE (Tables)

OTHER NOTES PAYABLE (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
SCHEDULE OF OTHER NOTES PAYABLE	Other notes payable consists of the following as of December 31, SCHEDULE OF OTHER NOTES PAYABLE In thousands 2022 2021 Note Payable - Secured Supplier Note $ - $ 2,243 Notes Payable - other 11,627 7,924 Total 11,627 10,167 Less current portion 11,572 7,521 Long Term Notes Payable $ 55 $ 2,646
SCHEDULE OF FUTURE MATURITIES OF NOTE PAYABLE	Future maturities of notes payable are as follows for the years ending December 31, 2022: SCHEDULE OF FUTURE MATURITIES OF NOTE PAYABLE In thousands 2023 $ 11,572 2024 55 Total $ 11,627

OTHER LIABILITIES (Tables)

OTHER LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2022
Other Liabilities Disclosure [Abstract]
SCHEDULE OF OTHER LIABILITIES	As of December 31, 2022 and 2021, other liabilities consisted of the following: SCHEDULE OF OTHER LIABILITIES In thousands 2022 2021 Other vendor payable $ 801 801 Dividend payable 153 1,418 Others 705 1,882 Total other liabilities 1,659 4,101 Less current portion (1,394 ) (2,683 ) Total long term other liabilities $ 265 $ 1,418

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
SCHEDULE OF OTHER INFORMATION RELATED TO OPERATING LEASE	Other information related to our operating leases is as follows: SCHEDULE OF OTHER INFORMATION RELATED TO OPERATING LEASE In thousands ROU asset - January 1, 2021 $ 76 Amortization (199 ) Effective foreign exchange rates 121 Increase 3558 ROU asset - December 31, 2021 3,556 Increase - Effective foreign exchange rates (256 ) Amortization (1,000 ) ROU asset - December 31, 2022 $ 2,300 In thousands Lease liability - January 1, 2021 $ 79 Increase 3,558 Effective foreign exchange rates 169 Amortization (199 ) Lease liability - December 31, 2021 3,607 Decrease - Increase (Decrease) - Effective foreign exchange rates (261 ) Amortization (1,000 ) Lease liability - December 31, 2022 $ 2,346
SCHEDULE OF FUTURE MINIMUM RENTAL PAYMENTS FOR OPERATING LEASES	The table below reconciles the fixed component of the undiscounted cash flows for each of the first five years and the total remaining years to the lease liabilities recorded on the Consolidated Balance Sheet as of December 31, 2022: SCHEDULE OF FUTURE MINIMUM RENTAL PAYMENTS FOR OPERATING LEASES In thousands Year Minimum lease payments 2023 $ 1,102 2024 873 2025 397 2026 176 2027 - Total 2,548 Less interest (202 ) Present value of future minimum lease payments 2,346 Less current obligations (942 ) Long term lease obligations $ 1,404

STOCKHOLDERS_ EQUITY (Tables)

STOCKHOLDERS’ EQUITY (Tables)	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
SCHEDULE OF WARRANTS ACTIVITY	The following table summarizes information about warrants granted during the years ended December 31: SCHEDULE OF WARRANTS ACTIVITY 2022 2021 Number of Weighted Number of Weighted Balance, beginning of year 1,378,929 $ 7.40 1,366,667 $ 7.19 Warrants granted 112,805 6.59 171,429 7.70 Warrants expired 10,000 8.00 40,000 10.00 Warrants exercised - - 119,167 6.99 Balance, end of year 1,481,734 7.34 1,378,929 7.40 Exercisable warrants 1,424,234 $ 7.38 1,295,596 $ 6.38
SCHEDULE OF OUTSTANDING WARRANTS	Outstanding warrants as of December 31, 2022 are as follows: SCHEDULE OF OUTSTANDING WARRANTS Weighted Average Weighted Weighted Range of Residual Life Average Average Exercise Span Outstanding Exercise Exercisable Exercise Prices (in years) Warrants Price Warrants Price 5.91 4.33 40,000 $ 5.91 5,000 $ 5.91 6.95 4.23 42,805 6.95 42,805 6.95 7.00 2.62 847,500 7.00 855,000 7.00 7.50 3.68 250,000 7.50 250,000 7.50 7.70 3.52 171,429 7.70 171,429 7.70 10.00 0.39 100,000 10.00 100,000 10.00 5.91 10.00 2.41 1,481,734 $ 7.34 1,424,234 $ 7.38
SCHEDULE OF WARRANTS OUTSTANDING, EXPIRY DATE AND EXERCISE PRICES	Warrants outstanding have the following expiry date and exercise prices as of the years ended December 31: SCHEDULE OF WARRANTS OUTSTANDING, EXPIRY DATE AND EXERCISE PRICES Exercise Expiry Date Prices 2022 2021 February 27, 2022 8.00 - 10,000 May 18, 2023 10.00 50,000 50,000 October 14, 2023 10.00 50,000 50,000 October 06, 2024 7.00 847,500 847,500 September 01, 2025 7.50 83,334 83,334 June 04, 2026 7.50 83,333 83,333 July 7, 2026 7.70 171,429 171,429 December 04, 2027 7.50 83,333 83,333 March 25, 2027 6.95 42,805 - May 1, 2027 7.00 30,000 - May 1, 2027 5.91 40,000 - 1,481,734 1,378,929
SCHEDULE OF STOCK OPTIONS GRANTED	SCHEDULE OF STOCK OPTIONS GRANTED 2022 2021 Number of Weighted Number of Weighted Balance, beginning of year 1,559,300 $ 4.58 1,811,550 $ 4.32 Stock options granted 841,500 - - - Stock options expired - - 28,750 - Stock options cancelled, forfeited 9,000 - - - Stock options exercised 201,217 - 223,500 - Balance, end of year 2,190,583 5.00 1,559,300 4.58 Exercisable stock options 1,420,312 $ 4.96 1,065,133 $ 4.56
SCHEDULE OF STOCK OPTIONS, EXPIRY DATE AND EXERCISE PRICES	Stock options outstanding at the end of the year have the following expiry date and exercise prices as of December 31, SCHEDULE OF STOCK OPTIONS, EXPIRY DATE AND EXERCISE PRICES Exercise Expiry Date Prices 2022 2021 February 17, 2022 1.50 - 38,017 February 17, 2022 1.80 - 76,033 February 28, 2023 5.00 20,000 20,000 March 05, 2023 2.40 242,000 247,000 July 31, 2023 5.00 127,500 127,500 October 31, 2023 4.40 10,000 54,000 November 30, 2023 5.40 120,250 131,750 November 20, 2024 10.00 125,000 125,000 April 20, 2025 4.20 10,000 10,000 March 1, 2027 5.14 648,500 - March 1, 2027 5.65 140,000 - May 1, 2027 5.90 30,000 - October 31, 2027 5.98 19,000 - September 30, 2030 4.40 318,333 350,000 September 30, 2030 4.84 380,000 380,000 2,190,583 1,559,300
SCHEDULE OF STOCK COMPENSATION EXPENSE	We recorded stock compensation expense relating to the vesting of stock options and warrants as follows for the years ended December 31, SCHEDULE OF STOCK COMPENSATION EXPENSE 2022 2021 In thousands Stock compensation $ 1,321 $ 951 Stock Option vesting 1,852 1,600 Total $ 3,173 $ 2,551

CONCENTRATION AND GEOGRAPHIC _2

CONCENTRATION AND GEOGRAPHIC DATA (Tables)	12 Months Ended
	Dec. 31, 2022
Concentration And Geographic Data
SCHEDULE OF REVENUES	Revenues by geography are based on the billing addresses of our customers. The following tables set forth revenues by geographic area for the years ended December 31, SCHEDULE OF REVENUES In thousands 2022 2021 Revenues: United States $ 51,023 $ 53,725 Israel 42,217 21,848 Rest of the world 9,305 2,678 Total revenues $ 102,545 $ 78,251

INCOME TAX (Tables)

INCOME TAX (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES	The tax effect of temporary differences that give rise to deferred tax assets and deferred tax liabilities are as follows as of December 31, SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES In thousands Deferred tax assets 2022 2021 Reserves and deferred revenue $ 411 $ 182 163(j) Limitation 2,260 1,682 Foreign deferred tax assets 135 165 Net operating loss 8,353 7,164 Total gross deferred tax assets 11,158 9,193 Less: Valuation Allowance (10,890 ) (8,720 ) Net deferred tax assets 269 473 Deferred tax liabilities Amortization of intangible assets and depreciation (134 ) (308 ) Total deferred tax liabilities (134 ) (308 ) Net deferred tax assets $ 135 $ 165
SCHEDULE OF DEFERRED TAX ASSETS AND VALUATION ALLOWANCES	Components of net deferred tax assets, including a valuation allowance, are as follows as of December 31: SCHEDULE OF DEFERRED TAX ASSETS AND VALUATION ALLOWANCES 2022 2021 Deferred tax assets $ 11,025 $ 8,885 Valuation allowance (10,890 ) (8,720 ) Total deferred tax assets $ 135 $ 165
SCHEDULE OF RECONCILIATION OF STATUTORY RATE AND EFFECTIVE TAX RATE	The reconciliation between statutory rate and effective rate is as follows as of December 31,: SCHEDULE OF RECONCILIATION OF STATUTORY RATE AND EFFECTIVE TAX RATE 2022 2021 Federal statutory tax rate 21.00 % 21.0 % State taxes (0.07 )% (0.03 )% Foreign income taxes (4.45 )% (6.38 )% Change in valuation allowance (16.13 )% (15.24 )% Return to provision adjustments (.03 )% .079 % Other (.76 )% (1.37 )% Effective tax rate (.44 )% (1.23 )%

SCHEDULE OF ESTIMATED USEFUL LI

SCHEDULE OF ESTIMATED USEFUL LIVES OF PROPERTY AND EQUIPMENT (Details)	12 Months Ended
	Dec. 31, 2022
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	7 years
Computer Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Computer Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Office Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Office Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	10 years
Software Development [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	15 years
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years

SCHEDULE OF ANTI DILUTIVE SECUR

SCHEDULE OF ANTI DILUTIVE SECURITIES EXCLUDES FROM COMPUTATION OF EARNINGS PER SHARE (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential shares excluded from diluted net loss per share	3,672,317	2,938,229
Share-Based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential shares excluded from diluted net loss per share	2,190,583	1,559,300
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential shares excluded from diluted net loss per share	1,481,734	1,378,929

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Oct. 31, 2021	Sep. 30, 2020
Product Information [Line Items]
Allowance for doubtful accounts	$ 455,000	$ 6,000
Depreciation	324,000	251,000
Impairment indefinite-lived intangible assets	$ 0	$ 0
Common stock, par value	$ 0.001	$ 0.001
Marketing and advertising costs	$ 630,000	$ 213,000
Income tax Likelihood	greater than 50% likelihood
Weighted-average number of common shares outstanding	7,576,434	6,082,763
Equity Incentive Plan [Member]
Product Information [Line Items]
Shares issued		0
Equity Incentive Plan [Member] | Board of Directors [Member]
Product Information [Line Items]
Shares of Common Stock authorized			1,118,856
Common stock, par value			$ 0.001
2020 Plan [Member] | Board of Directors [Member]
Product Information [Line Items]
Shares of Common Stock authorized				1,000,000
Accounts Payable [Member] | Customer Concentration Risk [Member] | One Vendor [Member]
Product Information [Line Items]
Concentration risk percentage	48%	65%
Indefinite-Lived Intangible Assets [Member]
Product Information [Line Items]
Remaining weighted average lifespan	7 years 6 months
Impairment indefinite-lived intangible assets	$ 0	$ 0
Indefinite-Lived Intangible Assets [Member] | Minimum [Member]
Product Information [Line Items]
Useful life	3 years
Indefinite-Lived Intangible Assets [Member] | Maximum [Member]
Product Information [Line Items]
Useful life	11 years

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($) $ in Thousands		12 Months Ended
	Mar. 25, 2022	Dec. 31, 2022	Dec. 31, 2021	Aug. 11, 2021
Restructuring Cost and Reserve [Line Items]
Working capital deficit		$ 38,000
Accumulated deficit		84,460	$ 70,571
Debt instrument, interest rate, stated percentage				7.50%
Scan Source Inc [Member]
Restructuring Cost and Reserve [Line Items]
Repayments of related party debt	$ 2,500
Blue Star [Member]
Restructuring Cost and Reserve [Line Items]
Accounts payable, related parties		$ 36,000
Debt instrument, interest rate, stated percentage		5%
Action Capital [Member]
Restructuring Cost and Reserve [Line Items]
Line of credit	6,000
Western Alliance Bank [Member]
Restructuring Cost and Reserve [Line Items]
Line of credit	$ 8,500
Dangot Computers Ltd [Member]
Restructuring Cost and Reserve [Line Items]
Business acquisition, description of acquired entity		The Company received financing for the acquisition of the last 23% of shares of Dangot on March 30, 2022 (The company owns 100% of Dangot). The Company also expects that Dangot’s cashflow will be able to service the debts associated with its acquisition without the need for cash from the rest of the group.

SCHEDULE OF RECOGNIZED FAIR VAL

SCHEDULE OF RECOGNIZED FAIR VALUES OF ASSETS ACQUIRED AND LIABILITIES ASSUMED (Details) - USD ($) $ in Thousands			12 Months Ended
	Jul. 08, 2021	May 03, 2021	Dec. 31, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Cash payments				$ 4,992
Dangot Share Purchase Agreement [Member]
Business Acquisition [Line Items]
Accrued payable to owner	$ 600
Dangot Share Purchase Agreement [Member] | Dangot Computers Ltd [Member]
Business Acquisition [Line Items]
Cash payments		$ 5,058
Accrued payable to owner		600
Fair value of stock issued (220,103 shares)		2,084
Debt assumed		5,310
Total consideration		13,052
Cash		666
Accounts receivable		13,470
Inventory		4,616
Other assets		5,392
Property and equipment		638
Goodwill		1,758
Trade name		1,893
Customer relationship		3,139
Other intangible assets		899
Assets acquired		32,471
Current liabilities assumed		(12,911)
Non-controlling interest		(6,508)
Net assets acquired		$ 13,052

SCHEDULE OF RECOGNIZED FAIR V_2

SCHEDULE OF RECOGNIZED FAIR VALUES OF ASSETS ACQUIRED AND LIABILITIES ASSUMED (Details) (Parenthetical)	May 03, 2021 shares
Dangot Computers Ltd [Member]
Business Acquisition [Line Items]
Fair value of stock issued shares	220,103

BUSINESS ACQUISITIONS (Details

BUSINESS ACQUISITIONS (Details Narrative)					12 Months Ended
	Apr. 01, 2022 USD ($)	Jul. 08, 2021 USD ($) shares	May 03, 2021 USD ($) shares	May 03, 2021 ILS (₪) shares	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Oct. 02, 2021
Business Acquisition [Line Items]
Purchase of additional option percent							26%
Payment to purchase additional shares	$ 3,518,000		$ 4,012,000
Purchase of shares, percent							23%
Business acquisition, pro forma revenue						$ 92,500,000
Business acquisition, pro forma net income (loss)						10,800,000
Net income					$ (13,681,000)	(13,362,000)
Haim Dangot [Member]
Business Acquisition [Line Items]
Ownership percent							77%
Dangot Computers Ltd [Member]
Business Acquisition [Line Items]
Revenues						20,600,000
Net income						$ 566,000
Dangot Share Purchase Agreement [Member]
Business Acquisition [Line Items]
Issued shares | shares		220,103
Value issued		$ 2,084,000
Cash		5,058,000
Payable to owner		$ 600,000
Remaining acquired percentage			49%	49%
Dangot Share Purchase Agreement [Member] | Omniq Technologies [Member]
Business Acquisition [Line Items]
Issued shares | shares			5,100	5,100
Value issued			$ 7,600,000	₪ 23,740,500
Dangot Share Purchase Agreement [Member] | Haim Dangot [Member]
Business Acquisition [Line Items]
Issued shares | shares			4,900	4,900
Value issued			$ 143,000	₪ 465,500
Dangot Share Purchase Agreement [Member] | Dangot Computers Ltd [Member]
Business Acquisition [Line Items]
Purchase price percentage			51%	51%
Payable to owner			$ 600,000
Dangot Share Purchase Agreement [Member] | Haim Dangot [Member]
Business Acquisition [Line Items]
Purchase price percentage			51%	51%
Percentage of remaining shares on fully diluted basis			1%	1%

SCHEDULE OF ACCOUNTS RECEIVABLE

SCHEDULE OF ACCOUNTS RECEIVABLE (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Receivables [Abstract]
Trade accounts receivable	$ 24,348	$ 27,129
Less allowance for doubtful accounts	(455)	(6)
Total accounts receivable (net)	$ 23,893	$ 27,123

ACCOUNTS RECEIVABLE (Details Na

ACCOUNTS RECEIVABLE (Details Narrative) - Accounts Receivable [Member] - Customer Concentration Risk [Member]	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Customer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk percentage	10%
One Customer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Concentration risk percentage		17%

SCHEDULE OF INVENTORY (Details)

SCHEDULE OF INVENTORY (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Inventory Disclosure [Abstract]
Raw materials	$ 649	$ 894
Inventory in transit	2,004
Finished goods (less allowance)	6,073	6,061
Total inventories	$ 8,726	$ 6,955

SCHEDULE OF PROPERTY AND EQUIPM

SCHEDULE OF PROPERTY AND EQUIPMENT (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Property and equipment, Gross
Less: accumulated depreciation	$ (1,030)	(2,203)
Property and equipment, Net	1,086	1,127
Manufacturing and Lab Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	98	499
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	521	609
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	987	1,650
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	236	254
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	$ 274	$ 318

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 324	$ 251

SCHEDULE OF GOODWILL AND INTANG

SCHEDULE OF GOODWILL AND INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Accumulated amortization	$ (16,761)	$ (14,980)
Intangibles, net	24,010	25,808
Goodwill [Member]
Finite-Lived Intangible Assets [Line Items]
Intangibles gross	16,542	16,453
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Intangibles gross	6,284	6,284
Accumulated amortization	4,458	3,863
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Intangibles gross	15,729	15,729
Accumulated amortization	10,762	9,660
Intellectual Property [Member]
Finite-Lived Intangible Assets [Line Items]
Intangibles gross	$ 2,216	$ 2,322

SCHEDULE OF FINITE-LIVED INTANG

SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2023	$ 1,625
2024	952
2025	943
2026	943
2027	776
Thereafter	2,229
Total	$ 7,468

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Impairment charges	$ 0	$ 0
Amortization expense	1,799,000	3,160,000
Estimated useful lives	$ 0	$ 0
Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	3 years
Minimum [Member] | Finite-Lived Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	2 years
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	11 years
Maximum [Member] | Finite-Lived Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible asset, useful life	9 years

CREDIT FACILITIES AND LINE OF_2

CREDIT FACILITIES AND LINE OF CREDIT (Details Narrative) - Business Finance Agreement [Member] - Bridge Bank [Member] $ in Millions	Mar. 25, 2022 USD ($)
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity	$ 8.5
Percentage of reserve account	15%
Line of credit, interest rate, description	The annual interest rate with respect to the daily average balance of unpaid advances outstanding under the BFA (computed on a monthly basis) is equal to the “Prime Rate” of Wells Fargo Bank N.A. plus 1.5%, plus a monthly fee equal to 0.15% of the average outstanding balance.

SCHEDULE OF NOTES PAYABLE, RELA

SCHEDULE OF NOTES PAYABLE, RELATED PARTIES (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2017
Short-Term Debt [Line Items]
Total notes payable	$ 293	$ 683
Less current portion	293	390
Long-term portion		293
Note Payable Marin [Member]
Short-Term Debt [Line Items]
Total notes payable	180	420	$ 660
Note Payable - Thomet [Member]
Short-Term Debt [Line Items]
Total notes payable	$ 113	$ 263	$ 750

RELATED PARTY NOTES PAYABLE (De

RELATED PARTY NOTES PAYABLE (Details Narrative) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2022	Dec. 31, 2021	Aug. 11, 2021
Short-Term Debt [Line Items]
Interest expense		$ 8	$ 10
Notes payable related parties		293	683
Annual interest rate note payable				7.50%
Note Payable Marin [Member]
Short-Term Debt [Line Items]
Notes payable related parties	$ 660	180	420
Annual interest rate note payable	1.89%
Debt instrument, frequency of periodic payment	60 monthly
Principal payments	$ 20
Accrued interest payable		71
Note Payable - Thomet [Member]
Short-Term Debt [Line Items]
Notes payable related parties	$ 750	$ 113	$ 263
Annual interest rate note payable	0%
Debt instrument, frequency of periodic payment	60 monthly
Principal payments	$ 13

SCHEDULE OF OTHER NOTES PAYABLE

SCHEDULE OF OTHER NOTES PAYABLE (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Short-Term Debt [Line Items]
Total	$ 11,627	$ 10,167
Less current portion	11,572	7,521
Long Term Notes Payable	55	2,646
Note Payable Secured Supplier [Member]
Short-Term Debt [Line Items]
Total		2,243
Notes Payable Other [Member]
Short-Term Debt [Line Items]
Total	$ 11,627	$ 7,924

SCHEDULE OF FUTURE MATURITIES O

SCHEDULE OF FUTURE MATURITIES OF NOTE PAYABLE (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Short-Term Debt [Line Items]
Total	$ 11,627	$ 10,167
Other Notes Payable[Member]
Short-Term Debt [Line Items]
2023	11,572
2024	55
Total	$ 11,627

OTHER NOTES PAYABLE (Details Na

OTHER NOTES PAYABLE (Details Narrative) ₪ in Thousands, $ in Thousands

Sep. 13, 2022 USD ($) Integer

Mar. 27, 2022 USD ($) Integer

Nov. 28, 2021 USD ($) Integer

Aug. 11, 2021 USD ($)

Jul. 29, 2021 USD ($) Integer

Jul. 18, 2016 USD ($)

Dec. 31, 2022 USD ($)

Dec. 31, 2022 ILS (₪)

Sep. 13, 2022 ILS (₪) Integer

Mar. 27, 2022 ILS (₪) Integer

Dec. 31, 2021 USD ($)

Dec. 31, 2021 ILS (₪)

Nov. 28, 2021 ILS (₪) Integer

Aug. 11, 2021 ILS (₪)

Jul. 29, 2021 ILS (₪) Integer

Short-Term Debt [Line Items]

Debt interest rate

7.50%

7.50%

Loans payable

$ 155

$ 97

₪ 342

₪ 500

Debt instrument term

5 years

Loans payable outstanding amount

800

2,800

₪ 13,600

Short term loans

$ 7,600

₪ 26,800

Accrues average interest

6.30%

6.30%

Line of Credit [Member]

Short-Term Debt [Line Items]

Loans payable | ₪

₪ 17,500

Loans payable outstanding amount

$ 4,400

Leumi Bank [Member]

Short-Term Debt [Line Items]

Debt interest rate

8.25%

8.25%

8.25%

8.25%

8.25%

8.25%

Loans payable

$ 1,100

$ 1,100

$ 2,160

₪ 3,500

₪ 3,500

₪ 7,000

Number of installements | Integer

8

8

8

8

8

8

Debt instrument term

4 years

4 years

4 years

Leumi Bank [Member] | Israeli Prime Rate [Member]

Short-Term Debt [Line Items]

Debt interest rate

4.50%

4.50%

4.50%

4.50%

4.50%

4.50%

Hapoalim Bank [Member]

Short-Term Debt [Line Items]

Debt interest rate

6.03%

6.03%

Loans payable

$ 900

₪ 3,000

Number of installements | Integer

36

36

Debt instrument term

3 years

Secured Promissory Note [Member]

Short-Term Debt [Line Items]

Principal amount

$ 12,500

Debt interest rate

18%

Principal and accrued interest amount

$ 250

SCHEDULE OF OTHER LIABILITIES (

SCHEDULE OF OTHER LIABILITIES (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Other Liabilities Disclosure [Abstract]
Other vendor payable	$ 801	$ 801
Dividend payable	153	1,418
Others	705	1,882
Total other liabilities	1,659	4,101
Less current portion	(1,394)	(2,683)
Total long term other liabilities	$ 265	$ 1,418

SCHEDULE OF OTHER INFORMATION R

SCHEDULE OF OTHER INFORMATION RELATED TO OPERATING LEASE (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
ROU asset, Beginning balance	$ 3,556	$ 76
Amortization	(1,000)	(199)
Effective foreign exchange rates	(256)	121
Increase		3,558
Increase
ROU asset, Ending balance	2,300	3,556
Lease liability, Beginning balance	3,607	79
Decrease		3,558
Effective foreign exchange rate	(261)	169
Amortization	(1,000)	(199)
Lease liability, Ending balance	$ 2,346	$ 3,607

SCHEDULE OF FUTURE MINIMUM RENT

SCHEDULE OF FUTURE MINIMUM RENTAL PAYMENTS FOR OPERATING LEASES (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
2023	$ 1,102
2024	873
2025	397
2026	176
2027
Total	2,548
Less interest	(202)
Present value of future minimum lease payments	2,346	$ 3,607	$ 79
Less current obligations	(942)	(1,341)
Long term lease obligations	$ 1,404	$ 2,266

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Product Liability Contingency [Line Items]
Total expense	$ 122	$ 108
Weighted average discount rate	5.70%
Weighted average remaining lease term	29 months
Unpaid commission	$ 60
Akron [Member]
Product Liability Contingency [Line Items]
Monthly payments	$ 3
Weighted average discount rate	14.55%
Remaining lease month	5 months
Salt Lack City [Member]
Product Liability Contingency [Line Items]
Monthly payments	$ 24
Remaining lease month	44 months
Yad Harutzim [Member]
Product Liability Contingency [Line Items]
Remaining lease month	12 months
Yad Harutzim [Member] | Dangot Computers Ltd [Member]
Product Liability Contingency [Line Items]
Remaining lease month	23 months
Rival Street [Member]
Product Liability Contingency [Line Items]
Remaining lease month	30 months

SCHEDULE OF WARRANTS ACTIVITY (

SCHEDULE OF WARRANTS ACTIVITY (Details) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Equity [Abstract]
Number of warrants, Outstanding, Beginning of period	1,378,929	1,366,667
Weighted Average Exercise Price balance, Outstanding, Beginning of period	$ 7.40	$ 7.19
Number of warrants, Warrants granted	112,805	171,429
Weighted Average Exercise Price, Warrants granted	$ 6.59	$ 7.70
Number of warrants, Warrants expired	10,000	40,000
Weighted Average Exercise Price, Warrants expired	$ 8	$ 10
Number of warrants, Warrants exercised		119,167
Weighted Average Exercise Price, Warrants exercised		$ 6.99
Number of warrants, Outstanding, End of period	1,481,734	1,378,929
Weighted Average Exercise Price, Outstanding, End of period	$ 7.34	$ 7.40
Number of warrants, Exercisable warrants	1,424,234	1,295,596
Weighted Average Exercise Price, Exercisable warrants	$ 7.38	$ 6.38

SCHEDULE OF OUTSTANDING WARRANT

SCHEDULE OF OUTSTANDING WARRANTS (Details) - Warrant [Member]	12 Months Ended
	Dec. 31, 2022 $ / shares shares
Accumulated Other Comprehensive Income (Loss) [Line Items]
Range of Exercise Prices, upper range limit	$ 10
Weighted Average Residual Life Span (in years)	2 years 4 months 28 days
Outstanding Warrants | shares	1,481,734
Weighted Average Exercise Price	$ 7.34
Exercisable Warrants | shares	1,424,234
Weighted Average Exercise Price	$ 7.38
Range of Exercise Prices, lower range limit	5.91
Exercise Price Range 1 [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Range of Exercise Prices, upper range limit	$ 5.91
Weighted Average Residual Life Span (in years)	4 years 3 months 29 days
Outstanding Warrants | shares	40,000
Weighted Average Exercise Price	$ 5.91
Exercisable Warrants | shares	5,000
Weighted Average Exercise Price	$ 5.91
Exercise Price Range 2 [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Range of Exercise Prices, upper range limit	$ 6.95
Weighted Average Residual Life Span (in years)	4 years 2 months 23 days
Outstanding Warrants | shares	42,805
Weighted Average Exercise Price	$ 6.95
Exercisable Warrants | shares	42,805
Weighted Average Exercise Price	$ 6.95
Exercise Price Range 3 [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Range of Exercise Prices, upper range limit	$ 7
Weighted Average Residual Life Span (in years)	2 years 7 months 13 days
Outstanding Warrants | shares	847,500
Weighted Average Exercise Price	$ 7
Exercisable Warrants | shares	855,000
Weighted Average Exercise Price	$ 7
Exercise Price Range 4 [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Range of Exercise Prices, upper range limit	$ 7.50
Weighted Average Residual Life Span (in years)	3 years 8 months 4 days
Outstanding Warrants | shares	250,000
Weighted Average Exercise Price	$ 7.50
Exercisable Warrants | shares	250,000
Weighted Average Exercise Price	$ 7.50
Exercise Price Range 5 [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Range of Exercise Prices, upper range limit	$ 7.70
Weighted Average Residual Life Span (in years)	3 years 6 months 7 days
Outstanding Warrants | shares	171,429
Weighted Average Exercise Price	$ 7.70
Exercisable Warrants | shares	171,429
Weighted Average Exercise Price	$ 7.70
Exercise Price Range 6 [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Range of Exercise Prices, upper range limit	$ 10
Weighted Average Residual Life Span (in years)	4 months 20 days
Outstanding Warrants | shares	100,000
Weighted Average Exercise Price	$ 10
Exercisable Warrants | shares	100,000
Weighted Average Exercise Price	$ 10

SCHEDULE OF WARRANTS OUTSTANDIN

SCHEDULE OF WARRANTS OUTSTANDING, EXPIRY DATE AND EXERCISE PRICES (Details) - $ / shares	Dec. 31, 2022	Dec. 31, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Warrant Outstanding	1,481,734	1,378,929
February Twenty Seven Thousand Twenty Two [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Feb. 27, 2022
Warrant Exercise Prices	$ 8
Warrant Outstanding		10,000
May 18, 2023 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	May 18, 2023
Warrant Exercise Prices	$ 10
Warrant Outstanding	50,000	50,000
October Fourteen Two Thousand Twenty Three [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Oct. 14, 2023
Warrant Exercise Prices	$ 10
Warrant Outstanding	50,000	50,000
October Six Two Thousand Twenty Four [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Oct. 06, 2024
Warrant Exercise Prices	$ 7
Warrant Outstanding	847,500	847,500
September 1, 2025 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Sep. 01, 2025
Warrant Exercise Prices	$ 7.50
Warrant Outstanding	83,334	83,334
June 4, 2026 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Jun. 04, 2026
Warrant Exercise Prices	$ 7.50
Warrant Outstanding	83,333	83,333
July 7, 2026 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Jul. 07, 2026
Warrant Exercise Prices	$ 7.70
Warrant Outstanding	171,429	171,429
December 4, 2027 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Dec. 04, 2027
Warrant Exercise Prices	$ 7.50
Warrant Outstanding	83,333	83,333
March Twenty Fifth Two Thousand Twenty Seven [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Mar. 25, 2027
Warrant Exercise Prices	$ 6.95
Warrant Outstanding	42,805
May First Two Thousand Twenty Seven [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	May 01, 2027
Warrant Exercise Prices	$ 7
Warrant Outstanding	30,000
May First Two Thousand Twenty Seven One[Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	May 01, 2027
Warrant Exercise Prices	$ 5.91
Warrant Outstanding	40,000

SCHEDULE OF STOCK OPTIONS GRANT

SCHEDULE OF STOCK OPTIONS GRANTED (Details) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Equity [Abstract]
Number of stock options, Outstanding, Beginning of period	1,559,300	1,811,550
Weighted Average Exercise Price, Outstanding, Beginning of period	$ 4.58	$ 4.32
Number of stock options, Stock options granted	841,500
Weighted Average Exercise Price, Stock options granted
Number of stock options, Stock options expired		28,750
Weighted Average Exercise Price, Stock options expired
Number of stock options, Stock options cancelled, forfeited	9,000
Weighted Average Exercise Price, Stock options cancelled, forfeited
Number of stock options, Stock options exercised	201,217	223,500
Weighted Average Exercise Price, Stock options exercised
Number of stock options, Outstanding, End of period	2,190,583	1,559,300
Weighted Average Exercise Price, Outstanding, Ending of period	$ 5	$ 4.58
Number of stock options, Exercisable stock options	1,420,312	1,065,133
Weighted Average Exercise Price, Exercisable stock options	$ 4.96	$ 4.56

SCHEDULE OF STOCK OPTIONS, EXPI

SCHEDULE OF STOCK OPTIONS, EXPIRY DATE AND EXERCISE PRICES (Details) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Exercise Prices	$ 5	$ 4.58	$ 4.32
Stock option outstanding	2,190,583	1,559,300	1,811,550
February 17, 2022 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Feb. 17, 2022
Exercise Prices	$ 1.50
Stock option outstanding		38,017
February 17, 2022 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Feb. 17, 2022
Exercise Prices	$ 1.80
Stock option outstanding		76,033
February 28, 2023 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Feb. 28, 2023
Exercise Prices	$ 5
Stock option outstanding	20,000	20,000
March 05, 2023 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Mar. 05, 2023
Exercise Prices	$ 2.40
Stock option outstanding	242,000	247,000
July 31, 2023 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Jul. 31, 2023
Exercise Prices	$ 5
Stock option outstanding	127,500	127,500
October 31, 2023 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Oct. 31, 2023
Exercise Prices	$ 4.40
Stock option outstanding	10,000	54,000
November 30, 2023 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Nov. 30, 2023
Exercise Prices	$ 5.40
Stock option outstanding	120,250	131,750
November 20, 2024 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Nov. 20, 2024
Exercise Prices	$ 10
Stock option outstanding	125,000	125,000
April 20, 2025 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Apr. 20, 2025
Exercise Prices	$ 4.20
Stock option outstanding	10,000	10,000
March 1, 2027 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Mar. 01, 2027
Exercise Prices	$ 5.14
Stock option outstanding	648,500
March 1, 2027 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Mar. 01, 2027
Exercise Prices	$ 5.65
Stock option outstanding	140,000
May First Two Thousand Twenty Seven [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	May 01, 2027
Exercise Prices	$ 5.90
Stock option outstanding	30,000
October 31, 2027 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Oct. 31, 2027
Exercise Prices	$ 5.98
Stock option outstanding	19,000
September 30, 2030 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Sep. 30, 2030
Exercise Prices	$ 4.40
Stock option outstanding	318,333	350,000
September 30, 2030 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiry Date	Sep. 30, 2030
Exercise Prices	$ 4.84
Stock option outstanding	380,000	380,000

SCHEDULE OF STOCK COMPENSATION

SCHEDULE OF STOCK COMPENSATION EXPENSE (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Equity [Abstract]
Stock compensation	$ 1,321	$ 951
Stock Option vesting	1,852	1,600
Total	$ 3,173	$ 2,551

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended		12 Months Ended
	Oct. 31, 2021	Aug. 31, 2020	Dec. 31, 2022	Dec. 31, 2021	Aug. 31, 2021	Jul. 31, 2021	Nov. 17, 2014
Class of Stock [Line Items]
Stock issued during period, value, conversion of convertible securities
Common stock, par value			$ 0.001	$ 0.001
Value issued			$ 37	$ 16
Expected volatility rate minimum			104.33%
Expected volatility rate maximum			126.44%
Expected term			3 years 3 months	5 years
Risk- free interest rate			1.76%
Risk- free interest rate			4.52%
Stock price volatility				151%
Risk-free interest rate				0.41%
Stock issued during period, value, warrants exercised				$ 683
Options granted			841,500
Stock issued during period, value, stock options exercised			$ 369	$ 1,500
Intrinsic value for vested stock options			$ 477	$ 6,600
Securities Purchase Agreement [Member]
Class of Stock [Line Items]
Issued warrants shares						171,429
Exercise price						$ 7.70
Equity Incentive Plan [Member]
Class of Stock [Line Items]
Shares issued				0
Common Stock [Member]
Class of Stock [Line Items]
Stock issued during period, value, conversion of convertible securities
Stock issued during period, shares, conversion of convertible securities				70
Shares issued			7,000	2
Value issued
Common Stock [Member] | Equity Incentive Plan [Member]
Class of Stock [Line Items]
Shares issued	1,118,856	1,000,000	0	0
Common stock, par value	$ 0.001				$ 0.001
Common Stock [Member] | Employee Stock Purchase Plan [Member]
Class of Stock [Line Items]
Shares issued			7,025	2,186
Value issued			$ 37	$ 16
Warrant [Member]
Class of Stock [Line Items]
Warrants valued						$ 1,300
Director [Member]
Class of Stock [Line Items]
Preferred stock, voting rights			The board of directors had previously set the voting rights for the preferred stock at 1 share of preferred to 13 common shares.
Director [Member] | Share Purchase Option Plan [Member]
Class of Stock [Line Items]
Reserved for issuance							500,000
Options granted			500,000
Holders [Member] | Common Stock [Member]
Class of Stock [Line Items]
Stock issued during period, shares, conversion of convertible securities				105,551
Employees And Consultants [Member] | Common Stock [Member]
Class of Stock [Line Items]
Shares issued			841,500
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares authorized			2,000,000	2,000,000
Preferred stock, shares outstanding			0	0
Preferred stock, shares issued			0	0
Series B Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares authorized			1	1
Preferred stock, shares outstanding			0	0
Preferred stock, shares issued			0	0
Series C Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares authorized			3,000,000	3,000,000
Preferred stock, shares outstanding			544,500	544,500
Preferred stock, shares issued			544,500	544,500
Dividends payable, amount per share			$ 0.06
Liquidation preference			$ 1
Accrued dividends			$ 153	$ 126
Preferred stock conversion, description			The Series C Preferred Stock has a liquidation value and conversion price of $1.00 per share ($20.00 per 20 shares of preferred stock which convert to one share of common stock) and automatically converts into Common Stock at $1.00 per share ($20.00 per 20 shares of preferred stock which convert to one share of common stock) in the event that the Company’s common stock has a closing price of $30 per share for 20 consecutive trading days.
Series C Preferred Stock [Member] | Holders [Member]
Class of Stock [Line Items]
Accrued dividends				194
Stock issued during period, value, conversion of convertible securities				$ 1,600
Stock issued during period, shares, conversion of convertible securities				1,600,530
Preferred Stock Series C [Member]
Class of Stock [Line Items]
Preferred stock, shares outstanding			544,500	544,500
Preferred stock, shares issued			544,500	544,500

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)			1 Months Ended
	Apr. 01, 2022	May 03, 2021	Feb. 28, 2020
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Payment of financing and stock issuance costs	$ 3,518,000	$ 4,012,000
Consulting Agreement [Member] | Mr. Carlos J. Nissenson [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Ownership percentage			3%
Consulting Agreement [Member] | Mr. Carlos J. Nissenson [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Debt periodic payment			$ 30,000
Equity component description			If we procure debt financing during the term of Mr. Nissensohn’s agreement, without any equity component, Mr. Nissensohn shall be entitled to 3% of the gross funds raised, however if we are required to pay a success fee to another external entity, then Mr. Nissensohn shall be entitled to only 2% of the gross funds raised.
Gross proceeds			$ 3,000,000
Warrant exercise price percentage			100%
Payment of financing and stock issuance costs			$ 80,000
Transaction price percentage			5%

SCHEDULE OF REVENUES (Details)

SCHEDULE OF REVENUES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Total revenues	$ 102,545	$ 78,251
UNITED STATES
Total revenues	51,023	53,725
ISRAEL
Total revenues	42,217	21,848
Rest Of The World [Member]
Total revenues	$ 9,305	$ 2,678

CONCENTRATION AND GEOGRAPHIC _3

CONCENTRATION AND GEOGRAPHIC DATA (Details Narrative)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Customer One [Member]
Product Information [Line Items]
Concentration risk percentage	30%	23%

SCHEDULE OF DEFERRED TAX ASSETS

SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Reserves and deferred revenue	$ 411	$ 182
163(j) Limitation	2,260	1,682
Foreign deferred tax assets	135	165
Net operating loss	8,353	7,164
Total gross deferred tax assets	11,158	9,193
Less: Valuation Allowance	(10,890)	(8,720)
Net deferred tax assets	269	473
Amortization of intangible assets and depreciation	(134)	(308)
Total deferred tax liabilities	(134)	(308)
Net deferred tax assets	$ 135	$ 165

SCHEDULE OF DEFERRED TAX ASSE_2

SCHEDULE OF DEFERRED TAX ASSETS AND VALUATION ALLOWANCES (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Deferred tax assets	$ 11,025	$ 8,885
Valuation allowance	(10,890)	(8,720)
Net deferred tax assets	$ 135	$ 165

SCHEDULE OF RECONCILIATION OF S

SCHEDULE OF RECONCILIATION OF STATUTORY RATE AND EFFECTIVE TAX RATE (Details)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Federal statutory tax rate	21%	21%
State taxes	(0.07%)	(0.03%)
Foreign income taxes	(4.45%)	(6.38%)
Change in valuation allowance	(16.13%)	(15.24%)
Return to provision adjustments	0.03%	0.079%
Other	0.76%	(1.37%)
Effective tax rate	0.44%	(1.23%)

INCOME TAX (Details Narrative)

INCOME TAX (Details Narrative) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Current income tax provision	$ 35
Deferred income tax expense benefit	30
Valuation allowance for deferred tax assets	10,900	$ 8,700
Net operating loss carryforward	$ 39,700