N2OFF (NITO) 10-Q16 May 222022 Q1 Quarterly reportFinancial data

Company Profile

Cover

Cover	3 Months Ended
Cover	Mar. 31, 2022shares
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2022
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity File Number	000-56100
Entity Registrant Name	SAVE FOODS, INC.
Entity Central Index Key	0001789192
Entity Tax Identification Number	26-4684680
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	730 NW 107 Avenue
Entity Address, City or Town	Miami
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	33172
City Area Code	(347)
Local Phone Number	468 9583
Title of 12(b) Security	Common Stock, Par value $0.0001 per share
Trading Symbol	SVFD
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	2,842,036

Condensed Consolidated Interim

Condensed Consolidated Interim Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Current Assets
Cash and cash equivalents	$ 5,644,466	$ 6,750,938
Restricted cash	55,416	56,674
Accounts receivable, net	201,853	172,630
Inventories	26,568	22,603
Other current assets	276,028	226,252
Total Current assets	6,204,331	7,229,097
Right-of-use asset arising from operating lease	168,244	129,613
Property and equipment, net	111,169	100,944
Funds in respect of employee rights upon retirement	136,103	137,625
Total assets	6,619,847	7,597,279
Current Liabilities
Short-term loan from banking institutions	6,197	8,390
Accounts payable	586,703	539,360
Other liabilities	395,754	383,554
Total current liabilities	988,654	931,304
Operating lease liabilities	102,754	87,287
Liability for employee rights upon retirement	164,042	166,077
Total liabilities	1,255,450	1,184,668
Stockholders’ Equity
Common Stock $ 0.0001 par value per share (“Common Stock”): 495,000,000 shares authorized as of March 31, 2022 and December 31, 2021; issued and outstanding 2,842,036 and 2,806,536 shares as of March 31, 2022 and December 31, 2021, respectively.	285	281
Preferred Stock $ 0.0001 par value per share (“Preferred Stock”): 5,000,000 shares authorized as of March 31, 2022 and December 31, 2021; issued and outstanding 0 shares as of March 31, 2022 and December 31, 2021.
Additional paid-in capital	23,898,284	23,607,503
Foreign currency translation adjustments	(26,275)	(26,275)
Accumulated deficit	(18,427,977)	(17,098,227)
Total	5,444,317	6,483,282
Non-controlling interests	(79,920)	(70,671)
Total stockholders’ equity	5,364,397	6,412,611
Total liabilities and stockholders’ equity	$ 6,619,847	$ 7,597,279

Condensed Consolidated Interi_2

Condensed Consolidated Interim Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Mar. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	495,000,000	495,000,000
Common stock, shares issued	2,842,036	2,806,536
Common stock, shares outstanding	2,842,036	2,806,536
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0

Condensed Consolidated Interi_3

Condensed Consolidated Interim Statements of Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenue from Contract with Customer [Abstract]
Revenues from sales of products	$ 87,630	$ 123,074
Cost of sales	(41,849)	(2,933)
Gross profit (loss)	45,781	120,141
Research and development expenses	(209,362)	(69,791)
Selling and marketing expenses	(178,136)	(44,258)
General and administrative expenses	(1,003,957)	(252,971)
Operating loss	(1,345,674)	(246,879)
Financing income (expenses), net	5,904	(247,416)
Net loss	(1,339,770)	(494,295)
Less: net loss attributable to non-controlling interests	10,020	1,893
Net loss attributable to the Company’s stockholders’ equity	$ (1,329,750)	$ (492,402)
Loss per share (basic and diluted)	$ (0.47)	$ (0.31)
Basic and diluted weighted average number of shares of Common Stock outstanding	2,819,253	1,606,765

Condensed Consolidated Interi_4

Condensed Consolidated Interim Statements of Changes In Shareholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Foreign Currency Translation Adjustments [Member]	Retained Earnings [Member]	Stockholders Equity [Member]	Noncontrolling Interest [Member]	Total
Beginning balance, value at Dec. 31, 2020	$ 161	$ 11,867,585	$ (26,275)	$ (12,277,647)	$ (436,176)	$ (29,277)	$ (465,453)
Beginning balance, shares at Dec. 31, 2020	1,606,765
Share based compensation to employees and directors		83,605			83,605	895	84,500
Share based compensation to employees and directors, shares
Comprehensive loss for the period				(492,402)	(492,402)	(1,893)	(494,295)
Ending balance, value at Mar. 31, 2021	$ 161	11,951,190	(26,275)	(12,770,049)	(844,973)	(30,275)	(875,248)
Ending balance, shares at Mar. 31, 2021	1,606,765
Beginning balance, value at Dec. 31, 2021	$ 281	23,607,503	(26,275)	(17,098,227)	6,483,282	(70,671)	6,412,611
Beginning balance, shares at Dec. 31, 2021	2,806,536
Issuance of shares to employees and services providers	$ 4	279,139			279,143	591	279,734
Share based compensation for services providers, shares	35,500
Share based compensation to employees and directors		11,642			11,642	180	11,822
Share based compensation to employees and directors, shares
Comprehensive loss for the period				(1,329,750)	(1,329,750)	(10,020)	(1,339,770)
Ending balance, value at Mar. 31, 2022	$ 285	$ 23,898,284	$ (26,275)	$ (18,427,977)	$ 5,444,317	$ (79,920)	$ 5,364,397
Ending balance, shares at Mar. 31, 2022	2,842,036

Condensed Consolidated Interi_5

Condensed Consolidated Interim Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Loss for the period	$ (1,339,770)	$ (494,295)
Adjustments required to reconcile net loss for the period to net cash used in operating activities:
Depreciation and amortization	7,638	4,821
Decrease in liability for employee rights upon retirement	(2,035)	(5,635)
Issuance of shares to employees and services providers	182,094
Share based compensation to employees and directors	11,822	84,500
Expenses on convertible loans		251,696
Interest expenses on loans	(174)
Operating lease ROU asset and liability, net	(3,779)	(29)
Increase in accounts receivable	(29,223)	(10,561)
Decrease (increase) in inventory	(3,965)	377
Decrease (increase) in other current assets	47,863	(5,167)
Increase in accounts payable	49,247	37,268
Increase (decrease) in other accounts payable	(7,181)	52,477
Net cash used in operating activities	(1,087,463)	(84,548)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	(17,864)
Increase in funds in respect of employee rights upon retirement	1,522	4,375
Net cash provided by (used in) investing activities	(16,342)	4,375
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from convertible loans		274,000
Repayments of long-term loans from banking institutions	(2,019)	(1,975)
Increase in prepaid issuance expenses		(64,680)
Net cash provided by (used in) financing activities	(2,019)	207,345
Effect of exchange rate changes on cash and cash equivalents	(1,906)
INCREASE (DECREASE) IN CASH , CASH EQUIVALENTS AND RESTRICTED CASH	(1,107,730)	127,172
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF YEAR	6,807,612	242,900
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	5,699,882	370,072
Non cash transactions:
Issuance of shares for future services	97,640
Initial recognition of operating lease right-of-use assets	56,671
Initial recognition of operating lease liability	$ 56,671

GENERAL

GENERAL	3 Months Ended
GENERAL	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GENERAL	NOTE 1 - GENERAL Save Foods, Inc. (the “Company”) was incorporated on April 1, 2009, under the laws of the State of Delaware. On April 27, 2009, the Company acquired from its stockholders 98.48% On May 13, 2021, the Company completed an underwritten public offering of 1,090,909 shares of its Common Stock for net proceeds of $ 10,457,862 . Commencing on May 14, 2021, Company’s common stock was listed on the Nasdaq Capital under the symbol “SVFD”.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION Effects of the spread of the coronavirus The COVID-19 pandemic continues to create business and economic uncertainty and volatility in the global markets. Many countries around the world are experiencing further outbreaks of the pandemic, following which governments are once again imposing various restrictions. At the same time, there is a recovery trend in the volume of economic activity around the world that leads on one hand, to significant demand for certain products and services and on the other hand, disruptions to worldwide supply chain routes and some raw materials. The Group continues to take measures to ensure the health and safety of its employees, suppliers, other business partners and the communities in which it operates in order to ensure, among others, the operation level, the proper functioning of its facilities and to minimize the pandemic’s potential impact on its business. Manufacturing continues at the Group’s sites without interruptions. However, there is still a difficulty in assessing the future impacts of the pandemic on the Group’s operations, inter alia, in light of the uncertainty of its duration, the extent of its intensity and effects on global supply chains and global markets, and additional countermeasures that may be taken by governments and central banks. Principles of Consolidation The consolidated financial statements are prepared in accordance with US GAAP. The consolidated financial statements of the Company include the Company and its majority-owned subsidiary. All inter-company balances and transactions have been eliminated. SAVE FOODS, INC. NOTES TO CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS (unaudited) NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION (continue) Use of Estimates The preparation of unaudited condensed consolidated interim financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, certain revenues and expenses, and disclosure of contingent assets and liabilities as of the date of the financial statements. Actual results could differ from those estimates. As applicable to these financial statements, the most significant estimates and assumptions relate to share based compensation.

COMMON STOCK

COMMON STOCK	3 Months Ended
COMMON STOCK	Mar. 31, 2022
Equity [Abstract]
COMMON STOCK	NOTE 3 – COMMON STOCK 1. On January 31, 2022, following the Board of Directors of Save Foods Ltd.’s appointment of Mr. Joachim Fuchs as the Chairman of the Board of Directors of Save Foods Ltd, the Board of Directors of the Company (the “Board”) approved the nomination and his consulting agreement. Based on the consulting agreement Mr. Joachim Fuchs is entitled to a monthly fee of NIS 5,000 (approximately $ 1,600 ) and subject to the approval of the Board, 9,000 shares of common stock and in addition, subject to the terms of the equity incentive plan to be adopted by the Company, options to purchase 1.5% of the Company’s’ outstanding capital stock of which (1) 0.5% of such options shall have an exercise price of $1 and shall be vested in 4 equal quarters during the 12 months period commencing the Effective Date (January 1, 2022), (2) 0.5% of such options shall have an exercise price of $1.25 and shall be vested in 4 equal quarters during the 12 months period following the 12 month anniversary of the Effective Date, (3) 0.5% of such options shall have an exercise price of $1.5 and shall be vested in 4 equal quarters during the 12 months period following the 24 month anniversary of the Effective Date. On March 24, 2022 the Company issued to Mr. Joachim Fuchs 9,000 shares of common stock. The Company determined the value of the shares at $ 38,790 . 2. On February 1, 2022, the Company entered into a Letter Agreement with a consultant according to which the Consultant will provide the Company with public relations, branding and other services as detailed in the Letter Agreement. As consideration for the services, the Company will issue the Consultant, a warrant to purchase up to an aggregate of 77,400 shares of Common Stock of the Company, at an exercise price of $ 0.05 each (the “February 2022 Warrant”). The February 2022 Warrant will be issuable in five equal tranches, 15,480 warrant shares upon signing of the agreement or the approval of the agreement by the Board, whichever is later and four additional quarterly installments ending in February 2023. In addition, the Company has provided the Consultant anti-dilution rights if at any time after both the (a) the approval of the agreement and (b) the Company having exceeded 3,000,000 shares of common stock. In such event the Consultant shall receive for no consideration additional securities necessary to maintain a fully-diluted ownership percentage (as defined in the Letter Agreement). In addition, the consultant is entitled to convert the February 2022 Warrant into cash, except for the portion of the February 2022 Warrant issuable upon signing of the agreement, upon providing the Company with advance notice of at least 45 days prior to each exercise date, an amount not to exceed 33% of the Warrant Shares due to vest, based on the share price of the Company less the exercise price, with a maximum cash conversion amount of $ 20,000 for each tranche. The Company determined the value of the cash liability at $ 13,333 which was recorded as general and administrative expenses in the period of three months ended March 31, 2022 . SAVE FOODS, INC. NOTES TO CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS (unaudited) NOTE 3 – COMMON STOCK (continue) The fair value of the February 2022 Warrant was determined based on the Company’s share price as of the date of the agreement using the Black-Scholes pricing model, assuming a risk-free rate of 1.35 %, a volatility factor of 78 %, dividend yields of 0 % and an expected life of 0.75 years and was calculated at $ 332,859 and net of the cash liability at $ 319,526 . During the three months ended March 31, 2022, the Company recorded $ 42,143 3. On March 10, 2022, the Company entered into an Investor Relations Agreement (the “March IR Agreement”) with a consultant for a period of 12 months. According to the March IR Agreement, the Company will pay the Consultant for his services a monthly fee of $ 11,000 and in addition, 14,000 shares of Common Stock of the Company, upon execution of the March IR Agreement. The shares were issued on March 10, 2022. The Company determined the value of the shares at $ 103,600 . During the period of three months ended March 31, 2022, the Company recorded share based compensation expenses of $ 5,961 and the remaining was recorded as prepaid expenses under other current assets. 4. On January 27, 2022, the Company issued 12,500 95,200 5. On February 23, 2021, the Company amended its Certificate of Incorporation to effect a 7 to 1 reverse stock split of the Company’s outstanding Common Stock. All share, stock option and per share information in these consolidated financial statements have been presented to reflect the stock split.

STOCK OPTIONS

STOCK OPTIONS	3 Months Ended
STOCK OPTIONS	Mar. 31, 2022
Share-Based Payment Arrangement [Abstract]
STOCK OPTIONS	NOTE 4 – STOCK OPTIONS The following table presents the Company’s stock option activity for employees and directors of the Company for the three months ended March 31, 2022: SCHEDULE OF STOCK OPTION ACTIVITY Number of Options Weighted Average Exercise Price Outstanding at December 31, 2021 192,576 3.38 Granted - - Exercised - - Forfeited or expired - - Outstanding at March 31,2022 192,576 3.38 Number of options exercisable at March 31, 2022 183,385 3.38 The aggregate intrinsic value of the awards outstanding as of March 31, 2022 is $ 455,696 5.75 Costs incurred in respect of stock-based compensation for employees and directors, for the three months ended March 31, 2022 and 2021 were $ 11,822 84,500 SAVE FOODS, INC. NOTES TO CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS (unaudited)

RELATED PARTIES

RELATED PARTIES	3 Months Ended
RELATED PARTIES	Mar. 31, 2022
Related Party Transactions [Abstract]
RELATED PARTIES	NOTE 5 – RELATED PARTIES A. Transactions and balances with related parties SCHEDULE OF TRANSACTIONS AND BALANCES WITH RELATED PARTIES 2022 2021 Three months ended March 31, 2022 2021 General and administrative expenses: Directors compensation 60,533 63,402 Salaries and fees to officers 173,779 106,161 General and administrative expenses net () 234,312 () 169,563 () of which share based compensation 7,925 57,440 Research and development expenses: Salaries and fees to officers () 49,063 - () of which share based compensation 1,949 - Cost of sales: Salaries and fees to officers () 17,012 - () of which share based compensation 1,169 - Selling and marketing expenses: Salaries and fees to officers () 76,833 - (*) of which share based compensation 779 - B. Balances with related parties and officers: Other current assets 8,308 - Other accounts payables 118,362 485,611 C. Other information: 1. On June 23, 2021 the Board of Directors of the Company approved the compensation of its Chief Financial Officer (“CFO”), according to which the CFO shall be entitled to a monthly fee of $ 8,000 and reimbursement of expenses of $ 500 per month. In addition, the CFO shall receive a one-time grant of options to purchase shares of the Company representing 1.5% of the Company’s outstanding share capital as of the date of the approval. The terms of the grant have not yet been determined. On November 14, 2021, the Board of Directors of the Company approved the increase of the CFO’s monthly fee to $ 11,500 , effective October 1, 2021. On January 16, 2022, the outgoing Chief Financial Officer of the Company, Ms. Vered Raz-Avayo, tendered her resignation to the Board in connection with her role as the Company’s Chief Financial Officer, which resignation will enter into effect on January 31, 2022. Ms. Raz-Avayo’s resignation was due to personal reasons and there were no disagreements between her and the Company or the Board. SAVE FOODS, INC. NOTES TO CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS (unaudited) NOTE 5 – RELATED PARTIES (continue) 2. On January 18, 2022, the Board resolved to appoint Mr. Omri Kanterovich, the Company’s then financial controller, as the Company’s interim Chief Financial Officer, VP of Finance, Treasurer and Secretary, which appointments entered into effect on January 31, 2022. In connection with Mr. Kanterovich’s new positions with the Company, the Board resolved to increase his monthly base salary from NIS 18,000 (approximately $ 5,800 ) to NIS 25,000 (approximately $ 8,000 ). No additional changes were made to Mr. Kanterovich’s compensation. On April 18, 2022, Mr. Omri Kanterovich tendered his resignation as the Interim Chief Financial Officer, VP of Finance, Treasurer and Secretary of the Company (see also note 7 below).

GEOGRAPHIC AREAS AND MAJOR CUST

GEOGRAPHIC AREAS AND MAJOR CUSTOMERS	3 Months Ended
GEOGRAPHIC AREAS AND MAJOR CUSTOMERS	Mar. 31, 2022
Geographic Areas And Major Customers
GEOGRAPHIC AREAS AND MAJOR CUSTOMERS	NOTE 6 – GEOGRAPHIC AREAS AND MAJOR CUSTOMERS A. Information on sales by geographic distribution: The Company has one operating segment. Sales are attributed to geographic distribution based on the location of the customer. SCHEDULE OF INFORMATION ON SALES BY GEOGRAPHIC DISTRIBUTION 2022 2021 Three months ended March 31, 2022 2021 Israel 11,213 - United States 35,948 84,674 Central-South America 40,469 38,400 Revenues from sales of products 87,630 123,074 B. Sales to single customers exceeding 10% of sales (US$): SCHEDULE OF SALES TO CUSTOMERS 2022 2021 Three months ended March 31, 2022 2021 Customer A 40,469 38,400 Customer B 35,948 84,674 Customer C 11,213 - Revenues from sales of products 87,630 123,074 C. Information on Long-Lived Assets - Property, Plant and Equipment and ROU assets by geographic areas: The following table presents the locations of the Company’s long-lived assets as of March 31, 2022 and 2021: SCHEDULE OF INFORMATION ON LONG LIVED ASSETS 2022 2021 As of March 31, 2022 2021 Israel 249,306 61,004 United States 30,107 - Property, Plant and Equipment and ROU assets 279,413 61,004 SAVE FOODS, INC. NOTES TO CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS (unaudited)

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
SUBSEQUENT EVENTS	Mar. 31, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 7 – SUBSEQUENT EVENTS 1. On April 1, 2022, the Company entered into an Investor Relations Agreement (the “April IR Agreement”) with a Consultant for a period of 90 days. According to the April IR Agreement, the Company will pay the Consultant for his services a monthly fee of $ 15,000 and in addition, 12,000 shares of Common Stock of the Company, upon execution of the April IR Agreement. The shares were issued on May 2, 2022. In addition, the Company will issue warrants to purchase 60,000 shares of Common Stock of the Company, of which (a) 20,000 warrants shall vest upon the lapse of 12 months with an exercise price of $ 8.00 , (b) 20,000 9.50 , and (c) 20,000 warrants shall vest upon the lapse of 24 months with an exercise price of $ 11 . 2. On April 17, 2022, the Board resolved to appoint Ms. Lital Barda, the Company’s current financial controller, as the Company’s CFO, Treasurer and Secretary, which appointment entered into effect on April 18, 2022. In connection with Ms. Barda’s appointment as the Company’s CFO, Treasurer and Secretary, the Board resolved to approve the following terms of compensation, effective immediately upon the effectiveness of Ms. Barda’s appointment: (a) a monthly base salary of NIS 25,000 and (b) a grant of options to purchase such number of shares of the Company’s common stock, par value $ 0.0001 per share, as shall be agreed upon between Ms. Barda and the Board on a future date, and which shall be in accordance with the terms of the Company’s future equity incentive plan. 3. On May 2, 2022, the Company issued 600 shares to a consultant under its June 15, 2021 consulting agreement. In addition, on May 2, 2022, the Company issued 12,500 shares to a consultant under its October 1, 2021 consulting agreement (see also note 3 above).

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION (Policies)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Effects of the spread of the coronavirus	Effects of the spread of the coronavirus The COVID-19 pandemic continues to create business and economic uncertainty and volatility in the global markets. Many countries around the world are experiencing further outbreaks of the pandemic, following which governments are once again imposing various restrictions. At the same time, there is a recovery trend in the volume of economic activity around the world that leads on one hand, to significant demand for certain products and services and on the other hand, disruptions to worldwide supply chain routes and some raw materials. The Group continues to take measures to ensure the health and safety of its employees, suppliers, other business partners and the communities in which it operates in order to ensure, among others, the operation level, the proper functioning of its facilities and to minimize the pandemic’s potential impact on its business. Manufacturing continues at the Group’s sites without interruptions. However, there is still a difficulty in assessing the future impacts of the pandemic on the Group’s operations, inter alia, in light of the uncertainty of its duration, the extent of its intensity and effects on global supply chains and global markets, and additional countermeasures that may be taken by governments and central banks.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements are prepared in accordance with US GAAP. The consolidated financial statements of the Company include the Company and its majority-owned subsidiary. All inter-company balances and transactions have been eliminated. SAVE FOODS, INC. NOTES TO CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS (unaudited) NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION (continue)
Use of Estimates	Use of Estimates The preparation of unaudited condensed consolidated interim financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, certain revenues and expenses, and disclosure of contingent assets and liabilities as of the date of the financial statements. Actual results could differ from those estimates. As applicable to these financial statements, the most significant estimates and assumptions relate to share based compensation.

STOCK OPTIONS (Tables)

STOCK OPTIONS (Tables)	3 Months Ended
STOCK OPTIONS (Tables)	Mar. 31, 2022
Share-Based Payment Arrangement [Abstract]
SCHEDULE OF STOCK OPTION ACTIVITY	The following table presents the Company’s stock option activity for employees and directors of the Company for the three months ended March 31, 2022: SCHEDULE OF STOCK OPTION ACTIVITY Number of Options Weighted Average Exercise Price Outstanding at December 31, 2021 192,576 3.38 Granted - - Exercised - - Forfeited or expired - - Outstanding at March 31,2022 192,576 3.38 Number of options exercisable at March 31, 2022 183,385 3.38

RELATED PARTIES (Tables)

RELATED PARTIES (Tables)	3 Months Ended
RELATED PARTIES (Tables)	Mar. 31, 2022
Related Party Transactions [Abstract]
SCHEDULE OF TRANSACTIONS AND BALANCES WITH RELATED PARTIES	A. Transactions and balances with related parties SCHEDULE OF TRANSACTIONS AND BALANCES WITH RELATED PARTIES 2022 2021 Three months ended March 31, 2022 2021 General and administrative expenses: Directors compensation 60,533 63,402 Salaries and fees to officers 173,779 106,161 General and administrative expenses net () 234,312 () 169,563 () of which share based compensation 7,925 57,440 Research and development expenses: Salaries and fees to officers () 49,063 - () of which share based compensation 1,949 - Cost of sales: Salaries and fees to officers () 17,012 - () of which share based compensation 1,169 - Selling and marketing expenses: Salaries and fees to officers () 76,833 - (*) of which share based compensation 779 - B. Balances with related parties and officers: Other current assets 8,308 - Other accounts payables 118,362 485,611

GEOGRAPHIC AREAS AND MAJOR CU_2

GEOGRAPHIC AREAS AND MAJOR CUSTOMERS (Tables)	3 Months Ended
GEOGRAPHIC AREAS AND MAJOR CUSTOMERS (Tables)	Mar. 31, 2022
Geographic Areas And Major Customers
SCHEDULE OF INFORMATION ON SALES BY GEOGRAPHIC DISTRIBUTION	The Company has one operating segment. Sales are attributed to geographic distribution based on the location of the customer. SCHEDULE OF INFORMATION ON SALES BY GEOGRAPHIC DISTRIBUTION 2022 2021 Three months ended March 31, 2022 2021 Israel 11,213 - United States 35,948 84,674 Central-South America 40,469 38,400 Revenues from sales of products 87,630 123,074
SCHEDULE OF SALES TO CUSTOMERS	B. Sales to single customers exceeding 10% of sales (US$): SCHEDULE OF SALES TO CUSTOMERS 2022 2021 Three months ended March 31, 2022 2021 Customer A 40,469 38,400 Customer B 35,948 84,674 Customer C 11,213 - Revenues from sales of products 87,630 123,074
SCHEDULE OF INFORMATION ON LONG LIVED ASSETS	The following table presents the locations of the Company’s long-lived assets as of March 31, 2022 and 2021: SCHEDULE OF INFORMATION ON LONG LIVED ASSETS 2022 2021 As of March 31, 2022 2021 Israel 249,306 61,004 United States 30,107 - Property, Plant and Equipment and ROU assets 279,413 61,004

GENERAL (Details Narrative)

GENERAL (Details Narrative) - USD ($)	May 13, 2021	Apr. 27, 2009
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Ownership percentage		98.48%
Number of shares of common stock	1,090,909
Proceeds from issuance of common stock	$ 10,457,862

COMMON STOCK (Details Narrative

COMMON STOCK (Details Narrative)	Mar. 24, 2022USD ($)shares	Mar. 10, 2022USD ($)shares	Feb. 01, 2022USD ($)$ / sharesshares	Jan. 31, 2022USD ($)shares	Jan. 31, 2022ILS (₪)shares	Jan. 27, 2022shares	May 13, 2021shares	Feb. 23, 2021	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares of common stock \| shares							1,090,909
General and Administrative Expense									$ 1,003,957	$ 252,971
Share based compensation									11,822	$ 84,500
Stockholders equity reverse stock split								7 to 1 reverse stock split
Mr.Joachim Fuchs [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares of common stock \| shares	9,000
Stock Issued During Period, Value, New Issues	$ 38,790
Consulting Agreements [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares of common stock \| shares						12,500
Share based compensation									95,200
Consulting Agreements [Member] \| Mr.Joachim Fuchs [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Monthly consultancy fee				$ 1,600	₪ 5,000
Number of shares of common stock \| shares				9,000	9,000
Letter Agreement [Member] \| February 2022 Warrant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares of common stock \| shares			15,480
Warrants to purchase shares \| shares			77,400
Share price \| $ / shares			$ 0.05
Deferred compensation arrangements, overall, description			In addition, the Company has provided the Consultant anti-dilution rights if at any time after both the (a) the approval of the agreement and (b) the Company having exceeded 3,000,000 shares of common stock. In such event the Consultant shall receive for no consideration additional securities necessary to maintain a fully-diluted ownership percentage (as defined in the Letter Agreement).
Debt conversion amount			$ 20,000
General and Administrative Expense									$ 13,333
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate									1.35%
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate									78.00%
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Dividend Rate									0.00%
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Term									9 months
Debt Instrument, Fair Value Disclosure									$ 332,859
[custom:CashLiabilirty-0]									319,526
Share based compensation									42,143
Investor relation agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Monthly consultancy fee		$ 11,000
Number of shares of common stock \| shares		14,000
Stock Issued During Period, Value, New Issues		$ 103,600
Share based compensation									$ 5,961

SCHEDULE OF STOCK OPTION ACTIVI

SCHEDULE OF STOCK OPTION ACTIVITY (Details)	3 Months Ended
SCHEDULE OF STOCK OPTION ACTIVITY (Details)	Mar. 31, 2022$ / sharesshares
Share-Based Payment Arrangement [Abstract]
Number of Options Outstanding, Beginning \| shares	192,576
Weighted Average Exercise Price, Beginning \| $ / shares	$ 3.38
Number of Options, Granted \| shares
Weighted Average Exercise Price, Granted \| $ / shares
Number of Options, Exercised \| shares
Weighted Average Exercise Price, Exercised \| $ / shares
Number of Options, Forfeited \| shares
Weighted Average Exercise Price, Forfeited \| $ / shares
Number of Options Outstanding, Ending \| shares	192,576
Weighted Average Exercise Price, Ending \| $ / shares	$ 3.38
Number of Options Exercisable \| shares	183,385
Weighted Average Exercise Price, Exercisable \| $ / shares	$ 3.38

STOCK OPTIONS (Details Narrativ

STOCK OPTIONS (Details Narrative) - USD ($)	3 Months Ended
STOCK OPTIONS (Details Narrative) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Share-Based Payment Arrangement [Abstract]
Intrinsic value awards outstanding	$ 455,696
Stock price	$ 5.75
Stock based compensation	$ 11,822	$ 84,500

SCHEDULE OF TRANSACTIONS AND BA

SCHEDULE OF TRANSACTIONS AND BALANCES WITH RELATED PARTIES (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Related Party Transaction [Line Items]
General and administrative expenses net	$ 1,003,957	$ 252,971
Share based compensation	11,822	84,500
Salaries and fees to officers	209,362	69,791
Salaries and fees to officers	41,849	2,933
Salaries and fees to officers	178,136	44,258
Other current assets	276,028		$ 226,252
Related Parties and Officers [Member]
Related Party Transaction [Line Items]
Other current assets	8,308
Other accounts payables	118,362	485,611
General and Administrative Expense [Member]
Related Party Transaction [Line Items]
General and administrative expenses net	234,312	169,563
Share based compensation	7,925	57,440
General and Administrative Expense [Member] \| Directors Compensation [Member]
Related Party Transaction [Line Items]
General and administrative expenses net	60,533	63,402
General and Administrative Expense [Member] \| Salaries and Fees to Officers [Member]
Related Party Transaction [Line Items]
General and administrative expenses net	173,779	106,161
Research and Development Expense [Member]
Related Party Transaction [Line Items]
Share based compensation	1,949
Research and Development Expense [Member] \| Salaries and Fees to Officers [Member]
Related Party Transaction [Line Items]
Salaries and fees to officers	49,063
Cost of Sales [Member]
Related Party Transaction [Line Items]
Share based compensation	1,169
Cost of Sales [Member] \| Salaries and Fees to Officers [Member]
Related Party Transaction [Line Items]
Salaries and fees to officers	17,012
Selling and Marketing Expense [Member]
Related Party Transaction [Line Items]
Share based compensation	779
Selling and Marketing Expense [Member] \| Salaries and Fees to Officers [Member]
Related Party Transaction [Line Items]
Salaries and fees to officers	$ 76,833

RELATED PARTIES (Details Narrat

RELATED PARTIES (Details Narrative) - Chief Financial Officer [Member]	Jan. 18, 2022USD ($)	Jan. 18, 2022ILS (₪)	Nov. 14, 2021USD ($)	Jun. 23, 2021USD ($)
Minimum [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Base salary	$ 5,800	₪ 18,000
Maximum [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Base salary	$ 8,000	₪ 25,000
Consulting Agreements [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Monthly consultancy fee			$ 11,500	$ 8,000
Reimbursement expenses				$ 500

SCHEDULE OF INFORMATION ON SALE

SCHEDULE OF INFORMATION ON SALES BY GEOGRAPHIC DISTRIBUTION (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenues from sales of products	$ 87,630	$ 123,074
ISRAEL
Revenues from sales of products	11,213
UNITED STATES
Revenues from sales of products	35,948	84,674
Central America [Member]
Revenues from sales of products	$ 40,469	$ 38,400

SCHEDULE OF SALES TO CUSTOMERS

SCHEDULE OF SALES TO CUSTOMERS (Details) - USD ($)	3 Months Ended
SCHEDULE OF SALES TO CUSTOMERS (Details) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Revenues from sales of products	$ 87,630	$ 123,074
Customer A [Member]
Revenues from sales of products	40,469	38,400
Customer B [Member]
Revenues from sales of products	35,948	84,674
Customer C [Member]
Revenues from sales of products	11,213
Customer [Member]
Revenues from sales of products	$ 87,630	$ 123,074

SCHEDULE OF INFORMATION ON LONG

SCHEDULE OF INFORMATION ON LONG LIVED ASSETS (Details) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Property, Plant and Equipment and ROU assets	$ 279,413	$ 61,004
ISRAEL
Property, Plant and Equipment and ROU assets	249,306	61,004
UNITED STATES
Property, Plant and Equipment and ROU assets	$ 30,107

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative)	May 02, 2022shares	Apr. 17, 2022ILS (₪)	Apr. 01, 2022USD ($)$ / sharesshares	Mar. 10, 2022USD ($)shares	Jan. 27, 2022shares	May 13, 2021shares	Apr. 17, 2022$ / shares	Mar. 31, 2022$ / shares	Dec. 31, 2021$ / shares
Subsequent Event [Line Items]
Stock Issued During Period, Shares, New Issues						1,090,909
Common Stock, Par or Stated Value Per Share \| $ / shares								$ 0.0001	$ 0.0001
Investor relation agreement [Member]
Subsequent Event [Line Items]
Monthly consultancy fee \| $				$ 11,000
Stock Issued During Period, Shares, New Issues				14,000
Consulting Agreements [Member]
Subsequent Event [Line Items]
Stock Issued During Period, Shares, New Issues					12,500
Subsequent Event [Member]
Subsequent Event [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights			60,000
Salary and Wage, NonOfficer, Excluding Cost of Good and Service Sold \| ₪		₪ 25,000
Common Stock, Par or Stated Value Per Share \| $ / shares							$ 0.0001
Subsequent Event [Member] \| Vest Upon Laps of 12 Months [Member]
Subsequent Event [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights			20,000
Subsequent Event [Member] \| Vest Upon Laps of 18 Months [Member]
Subsequent Event [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights			20,000
Proceeds from Warrant Exercises \| $			$ 8
Class of Warrant or Right, Exercise Price of Warrants or Rights \| $ / shares			$ 9.50
Subsequent Event [Member] \| Vest Upon Laps of 24 Months [Member]
Subsequent Event [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights			20,000
Class of Warrant or Right, Exercise Price of Warrants or Rights \| $ / shares			$ 11
Subsequent Event [Member] \| Investor relation agreement [Member]
Subsequent Event [Line Items]
Monthly consultancy fee \| $			$ 15,000
Stock Issued During Period, Shares, New Issues			12,000
Subsequent Event [Member] \| Consulting Agreements [Member]
Subsequent Event [Line Items]
Stock Issued During Period, Shares, New Issues	12,500
Subsequent Event [Member] \| Consulting Agreements [Member] \| June 15, 2021 [Member]
Subsequent Event [Line Items]
Stock Issued During Period, Shares, New Issues	600

SCHEDULE OF STOCK OPTION ACTIVITY (Details)	3 Months Ended
SCHEDULE OF STOCK OPTION ACTIVITY (Details)	Mar. 31, 2022$ / sharesshares
Share-Based Payment Arrangement [Abstract]
Number of Options Outstanding, Beginning \| shares	192,576
Weighted Average Exercise Price, Beginning \| $ / shares	$ 3.38
Number of Options, Granted \| shares
Weighted Average Exercise Price, Granted \| $ / shares
Number of Options, Exercised \| shares
Weighted Average Exercise Price, Exercised \| $ / shares
Number of Options, Forfeited \| shares
Weighted Average Exercise Price, Forfeited \| $ / shares
Number of Options Outstanding, Ending \| shares	192,576
Weighted Average Exercise Price, Ending \| $ / shares	$ 3.38
Number of Options Exercisable \| shares	183,385
Weighted Average Exercise Price, Exercisable \| $ / shares	$ 3.38