v3.22.2.2
Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Revenues $ 13,757 $ 18,515 $ 35,278 $ 39,791
Cost of revenues 10,563 15,769 28,746 34,436
Gross profit 3,194 2,746 6,532 5,355
Operating expenses:        
Research and development 568 396 1,509 1,015
Selling and marketing 1,321 1,521 4,873 3,874
General and administrative 9,233 6,618 30,224 26,039
Amortization of intangible assets 787 732 2,381 2,301
Total operating expenses 11,909 9,267 38,987 33,229
Loss from operations (8,715) (6,521) (32,455) (27,874)
Gain (Loss) from equity investment (186) 799 (557) 636
Other income (loss), net (303) (13) 535 70
Financial income (expenses), net 371 336 (718) 61
Loss from loss of control in Micronet Ltd       (1,934)
Loss before income taxes (8,833) (5,399) (33,195) (29,041)
Tax benefit (701) (70) (1,782) (410)
Net loss (8,132) (5,329) (31,413) (28,631)
Net loss attributable to non-controlling interests (461) (1) (719) (446)
Net loss attributable to MICT, Inc. $ (7,671) $ (5,328) $ (30,694) $ (28,185)
Loss per share attributable to MICT, Inc.        
Basic and diluted loss per share (in Dollars per share) $ (0.06) $ (0.05) $ (0.24) $ (0.26)
Weighted average common shares outstanding:        
Basic and diluted (in Shares) 129,566,207 121,419,308 126,184,400 109,222,674

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