<SEC-DOCUMENT>0001171843-25-005352.txt : 20250813
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ACCESSION NUMBER:		0001171843-25-005352
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20250813
FILED AS OF DATE:		20250813
DATE AS OF CHANGE:		20250813

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Brainsway Ltd.
		CENTRAL INDEX KEY:			0001505065
		STANDARD INDUSTRIAL CLASSIFICATION:	SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841]
		ORGANIZATION NAME:           	08 Industrial Applications and Services
		EIN:				000000000
		STATE OF INCORPORATION:			L3

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35165
		FILM NUMBER:		251208993

	BUSINESS ADDRESS:	
		STREET 1:		16 HARTUM STREET RAD TOWER, 14TH FLOOR
		STREET 2:		Har HaHotzvim
		CITY:			Jerusalem
		STATE:			L3
		ZIP:			9777516
		BUSINESS PHONE:		972 2 581-3140

	MAIL ADDRESS:	
		STREET 1:		16 HARTUM STREET RAD TOWER, 14TH FLOOR
		STREET 2:		Har HaHotzvim
		CITY:			Jerusalem
		STATE:			L3
		ZIP:			9777516
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<p style="font-size: 14pt;" align="center"><b>UNITED STATES<br>
SECURITIES AND EXCHANGE COMMISSION<br>
Washington, D.C. 20549</b></p>

<p style="font-size: 14pt; text-transform: uppercase;" align="center"><strong>Form 6-K</strong></p>

<p style="text-align: center;"><strong></strong></p>

<p style="text-align: center;"><strong>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE
ACT OF 1934</strong></p>

<p style="text-align: center;"><strong></strong><strong>For the month of August 2025</strong></p>

<p style="text-align: center;">Commission File Number: <strong>001-35165</strong></p>

<p style="text-align: center;"><font style="font-size: 12pt"><b>BRAINSWAY LTD.<br>
</b></font>(Translation of registrant's name into English)</p>

<p style="text-align: center;"><!--16 Hartum Street RAD Tower, 14th Floor <br>Har HaHotzvim--><b>16 Hartum Street RAD Tower, 14th Floor
<br>
Har HaHotzvim<br>
Jerusalem, 9777516, Israel<br>
(+972-2) 582-4030<br>
</b>(Address and telephone number of Registrant&#8217;s
principal executive office)</p></div>

<p>Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.<br>
Form 20-F
[&#160;X ] &#160;&#160;&#160;&#160;&#160;Form 40-F [&#160;&#160; ]</p><!--<p>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): </p><p>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): </p>-->

<p><font>This Form 6-K is incorporated by reference into the Company's Registration Statement on Form S-8 filed with the Securities and
Exchange Commission on April 22, 2019 (Registration No. 333- 230979) and the Company's Registration Statements on Form F-3 filed with
the Securities and Exchange Commission on July 22, 2024 (Registration No. 333-280934) and on April 22, 2025 (Registration No. 333-286672).</font></p>

<p>&nbsp;</p>

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<p style="text-align: center;"><font style="font-size: 10pt;"><strong>EXHIBIT INDEX</strong></font></p>

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    <td style="text-decoration: underline;" valign="bottom"><font style="font-size: 10pt;"><strong>Description</strong></font></td></tr>
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    <td><font style="font-size: 10pt;">&#160;</font></td></tr>
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    <td style="vertical-align: top;"><font style="font-size: 10pt;"><a href="exh_991.htm">99.1</a></font></td>
    <td width="20"><font style="font-size: 10pt;">&#160;</font></td>
    <td style="vertical-align: top;"><font style="font-size: 10pt;"><a href="exh_991.htm">Press Release dated August 13, 2025</a> </font></td></tr>
  </table>&nbsp;</p>

<p style="text-align: center">&nbsp;</p>

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<p style="text-align: center"><strong>SIGNATURES</strong></p>

<p>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.</p>

<table style="font-family: Times New Roman; font-size: 10pt;" border="0" width="100%" cellspacing="0" cellpadding="0">
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    <td width="47%">&#160;</td>
    <td width="6%">&#160;</td>
    <td style="text-decoration: underline;" align="center" width="47%"><strong>&#160;&#160;&#160;&#160;BRAINSWAY LTD.&#160;&#160;&#160;&#160;</strong></td></tr>
  <tr valign="top">
    <td width="47%">&#160;</td>
    <td width="6%">&#160;</td>
    <td align="center" width="47%">(Registrant)</td></tr>
  <tr valign="top">
    <td width="47%">&#160;</td>
    <td width="6%">&#160;</td>
    <td align="center" width="47%">&#160;</td></tr>
  <tr valign="top">
    <td width="47%">&#160;</td>
    <td width="6%">&#160;</td>
    <td align="center" width="47%"></td></tr>
  <tr valign="top">
    <td width="47%">Date: August 13, 2025</td>
    <td width="6%">&#160;</td>
    <td style="text-decoration: underline;" align="center" width="47%">&#160;&#160;&#160;&#160;/s/ Hadar Levy &#160;&#160;&#160;&#160;</td></tr>
  <tr valign="top">
    <td width="47%">&#160;</td>
    <td width="6%">&#160;</td>
    <td align="center" width="47%">Hadar Levy </td></tr>
  <tr valign="top">
    <td width="47%">&#160;</td>
    <td width="6%">&#160;</td>
    <td align="center" width="47%">Chief Executive Officer</td></tr>
  <tr valign="top">
    <td width="47%">&#160;</td>
    <td width="6%">&#160;</td>
    <td align="center" width="47%"></td></tr>
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<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exh_991.htm
<DESCRIPTION>PRESS RELEASE
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<p style="font-size: 10pt; text-align: right"><font style="font-size: 9pt"><b>EXHIBIT 99.1</b></font></p>

<p style="font-size: 10pt; text-align: center"><font style="font-size: 9pt"><b>BrainsWay Reports Second Quarter 2025 Financial Results and Operational
Highlights</b></font></p>

<p style="font-size: 10pt; text-align: center"></p>

<p style="font-size: 10pt"><p style="text-align: center; font-size: 10pt"><font style="font-size: 9pt"><i>Achieved record quarterly revenue of $12.6 million in Q2 2025, an increase of 26% compared
to Q2 2024</i></font></p>

<p style="text-align: center; font-size: 10pt"><font style="font-size: 9pt"><i>Operating profit totaled $0.6 million and Adjusted EBITDA rose to $1.5 million, </i></font></p>

<p style="text-align: center; font-size: 10pt"><font style="font-size: 9pt"><i>Raised full-year 2025 Revenue and EBITDA guidance</i></font></p>

<p style="text-align: center; font-size: 10pt"><font style="font-size: 9pt"><i>Remaining performance obligations increased by 25% YOY to $62 million<br><br></i></font></p>

<p style="text-align: center; font-size: 10pt"><font style="font-size: 9pt"><i>Conference call to be held today at 8:30 AM ET</i></font></p>

<p style="text-align: justify; font-size: 10pt"><font style="font-size: 9pt">BURLINGTON, Mass. and JERUSALEM, Aug. 13, 2025 (GLOBE NEWSWIRE) -- BrainsWay Ltd. (NASDAQ
&amp; TASE: BWAY) (&#8220;BrainsWay&#8221; or the &#8220;Company&#8221;), a global leader in advanced noninvasive neurostimulation treatments
for mental health disorders, today reported second quarter 2025 financial results and provided an operational update.</font></p>

<p style="text-align: justify; font-size: 10pt"><font style="font-size: 9pt"><b>Recent Financial and Operational Highlights </b></font></p>

<ul type="disc">

<li style="font-size: 10pt; text-align: justify"><font style="font-size: 9pt">Revenue in the second quarter of 2025 increased 26% to $12.6 million, compared
to the second quarter of 2024.</font></li>

<li style="font-size: 10pt; text-align: justify"><font style="font-size: 9pt">Of recent customer engagements, approximately 70% are structured as multi-year
lease agreements; the Company currently has $62 million in remaining performance obligations from customers under signed multi-year contracts.</font></li>

<li style="font-size: 10pt; text-align: justify"><font style="font-size: 9pt">Shipped a net total of 88 Deep TMS&#153; systems in the second quarter of
2025, a 35% increase compared to the same period last year. Total installed base now stands at 1,522 systems.</font></li>

<li style="font-size: 10pt; text-align: justify"><font style="font-size: 9pt">Gross margin for the second quarter of 2025 was 75%, the same as in the
prior year period.</font></li>

<li style="font-size: 10pt; text-align: justify"><font style="font-size: 9pt">Operating income for the second quarter of 2025 was $0.6 million, the same
as in the prior year period.</font></li>

<li style="font-size: 10pt; text-align: justify"><font style="font-size: 9pt">Adjusted EBITDA<sup>1</sup> for the second quarter of 2025 increased 16%
to $1.5 million, compared to $1.3 million for the second quarter of 2024.</font></li>

<li style="font-size: 10pt; text-align: justify"><font style="font-size: 9pt">Net profit for the second quarter of 2025 increased 233% to $2.0 million,
compared to $0.6 million for the second quarter of 2024.</font></li>

<li style="font-size: 10pt; text-align: justify"><font style="font-size: 9pt">As of June 30, 2025, cash, cash equivalents, restricted cash, and short-term
deposits totaled $78.3 million.</font></li>

<li style="font-size: 10pt; text-align: justify"><font style="font-size: 9pt">Entered an equity financing transaction with Stella MSO, LLC, a management
services organization servicing more than 20 mental health clinics across US and Israel that have treated over 30,000 patients to date.
<ul type="circle"></font><li style="font-size: 10pt"><font style="font-size: 9pt">Actively seeking to ramp up this strategic initiative with additional minority equity investments in
high-performing mental health providers; partnered with Valor Equity Partners to identify additional clinical targets.</font></li></ul> </li>

<li style="font-size: 10pt; text-align: justify"><font style="font-size: 9pt">Company submitted data to the FDA from its randomized, multicenter U.S.
clinical trial evaluating an accelerated Deep TMS treatment protocol versus the current standard-of-care Deep TMS protocol.</font></li>

<li style="font-size: 10pt; text-align: justify"><font style="font-size: 9pt">Continued progress with Israel Ministry of Defense&#8217;s Rehabilitation
Department in qualifying patients with post-traumatic stress disorder (PTSD) for Deep TMS.</font></li></ul>

<p style="text-align: left; font-size: 10pt"><font style="font-size: 9pt">_________________________&#160;<br><sup>1</sup> See Adjusted EBITDA details and reconciliation
table in the appendix below.<br></font></p>

<p style="text-align: justify; font-size: 10pt"><font style="font-size: 9pt"><b>Full-Year 2025 Financial Guidance</b></font></p>

<ul>

<li style="font-size: 10pt; text-align: justify"><font style="font-size: 9pt">Based on the strength of its results to date, improved visibility and business
momentum, the company raises its full-year 2025 revenue guidance to between $50 million and $52 million with operating income of 4% to
5% and Adjusted EBITDA of 12% to 13%. Previous guidance expected 2025 revenues of between $49 million and $51 million, operating income
of 3% to 4% and Adjusted EBITDA of 11% to 12%.</font></li></ul>

<p style="text-align: justify; font-size: 10pt"><font style="font-size: 9pt">&#8220;<font style="font-style: normal; font-weight: 400; text-decoration-style: initial; text-transform: none; letter-spacing: 0.1px; word-spacing: 0px; background-color: rgb(255, 255, 255)">BrainsWay&rsquo;s
second quarter results were strong, demonstrating momentum across our core market and successful execution of our growth
strategy.</font> The stable growth in our business reflects the recurring revenue streams we have built over the past few years
through multi-year agreements. These agreements now make up approximately 70% of our new installed base. Additionally, we were proud
to achieve an extensive order of systems with a multi-phased delivery plan through the end of the year by a fast-growing U.S. mental
health network in the western and southeastern U.S. As a result of the team&#8217;s steady focus on execution, we have been able to
establish a well-known and trusted brand, while also establishing Deep TMS as the leading technology in the industry,&#8221; said
Hadar Levy, BrainsWay&#8217;s Chief Executive Officer.</font></p>

<p style="text-align: justify; font-size: 10pt"><font style="font-size: 9pt">&#8220;Our successes to date have given rise to exciting new opportunities, including
our strategic initiative aimed at securing minority equity investments in high-performing mental health providers. This program has already
led to several opportunities currently being explored, and we are working to rapidly close the next round of investments. As evidenced
from the initial feedback we received, we believe this strategic initiative will significantly increase awareness among patients of the
benefits of transformative care, including from our Deep TMS technology. This is an exciting time for us as a company and we look forward
to keeping you apprised of our progress,&#8221; concluded Mr. Levy.</font></p>

<p style="text-align: justify; font-size: 10pt"><font style="font-size: 9pt"><b>Call and Webcast</b></font></p>

<p style="text-align: justify; font-size: 10pt"><font style="font-size: 9pt">BrainsWay&#8217;s management will host a conference call on Wednesday, August 13, 2025,
at 8:30 a.m. Eastern Time to discuss these results and answer questions.</font></p>

<p style="text-align: justify; font-size: 10pt"><font style="font-size: 9pt">Wednesday, August 13, 2025, at 8:30 AM Eastern Time:</font></p>

<table style="font-size: 10pt; width: 100%; border-collapse: collapse !important; border-collapse: collapse">
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; max-width: 15%; width: 15%; min-width: 15%; vertical-align: middle; text-align: left; padding-left: 15px; vertical-align: bottom"><font style="font-size: 9pt">United
    States:</font></td>
    <td style="font-size: 10pt; max-width: 85%; width: 85%; min-width: 85%; vertical-align: bottom"><font style="font-size: 9pt">1-877-300-8521</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 15px; vertical-align: bottom"><font style="font-size: 9pt">International:</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">1-412-317-6026</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 15px; vertical-align: bottom"><font style="font-size: 9pt">Israel:</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">1-80-921-2373</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 15px; vertical-align: bottom"><font style="font-size: 9pt">Conference
    ID:</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">10201287</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 15px; vertical-align: bottom"><font style="font-size: 9pt">Webcast:</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">Link</font></td></tr>
  </table>

<p style="text-align: justify; font-size: 10pt"><font style="font-size: 9pt"><br>The conference call will be broadcast live and will be available for replay for 30
days on the Company&#8217;s website, https://investors.brainsway.com/events-and-presentations/event-calendar. Please access the Company&#8217;s
website at least 10 minutes ahead of the conference call to register.</font></p>

<p style="text-align: justify; font-size: 10pt"><font style="font-size: 9pt"><b>Non-IFRS Financial Measures</b></font></p>

<p style="text-align: justify; font-size: 10pt"><font style="font-size: 9pt">In addition to our results determined in accordance with International Financial Reporting
Standards (IFRS), including in particular operating profit and net profit, we believe that Adjusted EBITDA, a non-IFRS measure, is useful
in evaluating our operating performance. We define Adjusted EBITDA as net profit adjusted for depreciation and amortization, finance
income, finance expenses, income taxes, cost of share-based payments, and one-time restructuring and litigation expenses.</font></p>

<p style="text-align: justify; font-size: 10pt"><font style="font-size: 9pt">In addition to operating income (loss) and net income (loss), we use Adjusted EBITDA
as a measure of operational efficiency. We believe that this non-IFRS financial measure is useful to investors for period-to-period comparisons
of our business and in understanding and evaluating our operating results for the following reasons:</font></p>

<ul type="disc">

<li style="font-size: 10pt; text-align: justify"><font style="font-size: 9pt">Adjusted EBITDA is widely used by investors and securities analysts to measure
a company&#8217;s operating performance without regard to items such as stock-based compensation expenses, depreciation and amortization,
finance expenses, income taxes, and certain one-time items such as restructuring and litigation expenses, that can vary substantially
from company to company depending upon their financing, capital structures and the method by which assets were acquired.</font></li>

<li style="font-size: 10pt; text-align: justify"><font style="font-size: 9pt">Our management uses Adjusted EBITDA in conjunction with IFRS financial measures
for planning purposes, including the preparation of our annual operating budget, as a measure of operating performance and the effectiveness
of our business strategies and in communications with our board of directors concerning our financial performance; and Adjusted EBITDA
provides consistency and comparability with our past financial performance, facilitates period-to-period comparisons of operations, and
also facilitates comparisons with other peer companies, many of which use similar non-IFRS or non-GAAP financial measures to supplement
their IFRS or GAAP results.</font></li></ul>

<p style="text-align: justify; font-size: 10pt"><font style="font-size: 9pt">Adjusted EBITDA, however, should not be considered as an alternative to operating profit
(loss) or net profit (loss) for the period and may not be indicative of the historic operating results of the Company; nor is it meant
to be predictive of potential future results. Adjusted EBITDA is not a measure of financial performance under IFRS and may not be comparable
to other similarly titled measures for other companies. A reconciliation between the Company&#8217;s net profit (loss) and Adjusted EBITDA
is presented in the attached summary financial statements.</font></p>

<p style="text-align: justify; font-size: 10pt"><font style="font-size: 9pt">Because of these and other limitations, you should consider Adjusted EBITDA along with
other IFRS-based financial performance measures, including net profit (loss) and our IFRS financial results.</font></p>

<p style="text-align: justify; font-size: 10pt"><font style="font-size: 9pt"><b>About BrainsWay</b></font></p>

<p style="text-align: justify; font-size: 10pt"><font style="font-size: 9pt">BrainsWay is a global leader in advanced noninvasive neurostimulation treatments for
mental health disorders. The Company is boldly advancing neuroscience with its proprietary Deep Transcranial Magnetic Stimulation (Deep
TMS&#153;) platform technology to improve health and transform lives. BrainsWay is the first and only TMS company to obtain three FDA-cleared
indications backed by pivotal clinical studies demonstrating clinically proven efficacy. Current indications include major depressive
disorder (including reduction of anxiety symptoms, commonly referred to as anxious depression), obsessive-compulsive disorder, and smoking
addiction. The Company is dedicated to leading through superior science and building on its unparalleled body of clinical evidence. Additional
clinical trials of Deep TMS in various psychiatric, neurological, and addiction disorders are underway. Founded in 2003, with operations
in the United States and Israel, BrainsWay is committed to increasing global awareness of and broad access to Deep TMS. For the latest
news and information about BrainsWay, please visit www.brainsway.com.</font></p>

<p style="text-align: justify; font-size: 10pt"><font style="font-size: 9pt"><b>Forward-Looking Statement</b></font></p>

<p style="text-align: justify; font-size: 10pt"><font style="font-size: 9pt"><i>This press release contains &#8220;forward-looking statements&#8221; within the meaning
of the Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words &#8220;intends,&#8221; &#8220;may,&#8221;
&#8220;will,&#8221; &#8220;plans,&#8221; &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;projects,&#8221; &#8220;predicts,&#8221;
&#8220;estimates,&#8221; &#8220;aims,&#8221; &#8220;believes,&#8221; &#8220;hopes,&#8221; &#8220;potential&#8221; or similar words, and
also includes any financial guidance and projections contained herein. These forward-looking statements and their implications are based
on the current expectations of the management of the Company only and are subject to a number of factors and uncertainties that could
cause actual results to differ materially from those described in the forward-looking statements. In addition, historical results or
conclusions from scientific research and clinical studies do not guarantee that future results would suggest similar conclusions or that
historical results referred to herein would be interpreted similarly in light of additional research or otherwise. The following factors,
among others, could cause actual results to differ materially from those described in the forward-looking statements: inadequacy of financial
resources to meet future capital requirements; changes in technology and market requirements; delays or obstacles in launching and/or
successfully completing planned studies and clinical trials; failure to obtain approvals by regulatory agencies on the Company&#8217;s
anticipated timeframe, or at all; inability to retain or attract key employees whose knowledge is essential to the development of Deep
TMS products; unforeseen difficulties with Deep TMS products and processes, and/or inability to develop necessary enhancements; unexpected
costs related to Deep TMS products; failure to obtain and maintain adequate protection of the Company&#8217;s intellectual property,
including intellectual property licensed to the Company; the potential for product liability; changes in legislation and applicable rules
and regulations; unfavorable market perception and acceptance of Deep TMS technology; inadequate or delays in reimbursement from third-party
payers, including insurance companies and Medicare; inability to commercialize Deep TMS, including internationally, by the Company or
through third-party distributors; product development by competitors; inability to timely develop and introduce new technologies, products
and applications, which could cause the actual results or performance of the Company to differ materially from those contemplated in
such forward-looking statements.</i></font></p>

<p style="text-align: justify; font-size: 10pt"><font style="font-size: 9pt"><i>Any forward-looking statement in this press release speaks only as of the date of
this press release. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result
of new information, future developments or otherwise, except as may be required by any applicable securities laws. More detailed information
about the risks and uncertainties affecting the Company is contained under the heading &#8220;Risk Factors&#8221; in the Company&#8217;s
filings with the U.S. Securities and Exchange Commission.</i></font></p>

<p style="font-size: 10pt"><font style="font-size: 9pt"><b>Contacts:&#160;</b><br>BrainsWay:<br>Ido Marom<br>Chief Financial Officer<br>Ido.Marom@BrainsWay.com</font></p>

<p style="font-size: 10pt"><font style="font-size: 9pt"><b>Investors:<br> </b>Brian Ritchie<br>LifeSci Advisors LLC<br>britchie@lifesciadvisors.com</font></p>

<p style="text-align: left; font-size: 10pt"></p>

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<p style="font-size: 10pt; text-align: left"><font style="font-size: 9pt">&nbsp;</font></p>

<p style="font-size: 10pt; text-align: left"><font style="font-size: 9pt"><br></font></p>

<table style="font-size: 10pt; width: 100%; border-collapse: collapse !important; border-collapse: collapse">
  <tr style="font-size: 10pt">
    <td colspan="9" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>BRAINSWAY
    LTD. AND SUBSIDIARIES</b></font></td></tr>
  <tr style="font-size: 10pt">
    <td colspan="9" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>CONSOLIDATED
    STATEMENTS OF FINANCIAL POSITION</b></font></td></tr>
  <tr style="font-size: 10pt">
    <td colspan="9" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>U.S.
    dollars in thousands</b></font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>June
    30,</b></font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>December
    31,</b></font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; max-width: 74%; width: 74%; min-width: 74%; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 10%; width: 10%; min-width: 10%; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>2025</b></font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-bottom: black 1pt solid; padding-left: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-bottom: black 1pt solid; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 10%; width: 10%; min-width: 10%; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>2024</b></font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><u>ASSETS</u></font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="4" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>(Unaudited)</b></font></td>
    <td colspan="3" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>(Audited)</b></font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">Current Assets</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Cash
    and cash equivalents</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">67,912</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">69,345</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Restricted
    cash</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">251</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">271</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Short-term
    deposits</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">10,087</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">-</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Trade
    receivables, net</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">3,871</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">4,596</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Inventory</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">4,190</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">4,426</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Other
    current assets</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">3,179</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">1,032</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 20px; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">89,490</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">79,670</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">Non-Current Assets</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Investments
    in financial assets</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">5,000</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">-</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">System
    components</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">2,641</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">1,707</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Leased
    systems, net</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">4,403</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">3,959</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Other
    property and equipment, net</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">812</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">752</font></td>
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    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">2,868</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">15,646</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">4,434</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">1,401</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">1,293</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">911</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">5,927</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 20px; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">25,508</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">15,346</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">7,104</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">3,625</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">5,601</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">5,803</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">5,219</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">4,800</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">-</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">2,429</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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  <tr style="font-size: 10pt">
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  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">415</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">413</font></td>
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  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">158,398</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">4,628</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">2,126</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">-</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Currency
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">(2,188</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">(2,188</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">)</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Accumulated
    deficit</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">(95,247</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">(98,381</font></td>
    <td style="font-size: 10pt; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">)</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 20px; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">68,132</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">62,313</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">111,564</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">94,316</font></td>
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  </table>

<p style="font-size: 10pt"><font style="font-size: 9pt"><br>&nbsp;</font></p>

<p style="font-size: 10pt"></p>

<!-- Field: Page; Sequence: 2 -->
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<p style="font-size: 10pt"><font style="font-size: 9pt"><br></font></p>

<table style="font-size: 10pt; width: 100%; border-collapse: collapse !important; border-collapse: collapse">
  <tr style="font-size: 10pt">
    <td colspan="13" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>BRAINSWAY
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  <tr style="font-size: 10pt">
    <td colspan="13" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>CONSOLIDATED
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  <tr style="font-size: 10pt">
    <td colspan="13" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>U.S.
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  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    the three months ended<br>June 30,</b></font></td>
    <td style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="5" style="font-size: 10pt; border-bottom: black 1pt solid; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>For
    the six months ended<br>June 30,</b></font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; max-width: 48%; width: 48%; min-width: 48%; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 11%; width: 11%; min-width: 11%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>2025</b></font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 11%; width: 11%; min-width: 11%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>2024</b></font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 11%; width: 11%; min-width: 11%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>2025</b></font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 11%; width: 11%; min-width: 11%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>2024</b></font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="5" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>(Unaudited)</b></font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Revenues</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">12,632</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">10,005</font></td>
    <td style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">24,168</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">19,100</font></td></tr>
  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">3,133</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">2,468</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">6,059</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">4,751</font></td></tr>
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    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 20px; vertical-align: bottom"><font style="font-size: 9pt">Gross
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    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">9,499</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">7,537</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">18,109</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">14,349</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Research
    and development expenses, net</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">2,344</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">1,711</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">4,676</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">3,337</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Selling
    and marketing expenses</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">4,940</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">3,796</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">9,102</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">7,623</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">General
    and administrative expenses</font></td>
    <td style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">1,637</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">1,444</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">3,177</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">2,710</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 20px; vertical-align: bottom"><font style="font-size: 9pt">Total
    operating expenses</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">8,921</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">6,951</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">16,955</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">13,670</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 20px; vertical-align: bottom"><font style="font-size: 9pt">Operating
    profit</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">578</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">586</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">1,154</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">679</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Finance
    income</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">2,303</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">518</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">3,414</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">1,115</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Finance
    Expense</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">784</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">401</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">1,207</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">808</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Profit
    before income taxes</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">2,097</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">703</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">3,361</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">986</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Income
    taxes</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">70</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">103</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">227</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">275</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">Net profit and total
    comprehensive profit</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">2,027</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">600</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">3,134</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">711</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="2" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">Basic net income per
    share</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">0.05</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">0.02</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">0.08</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">0.02</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">Diluted net income
    per share</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">0.05</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">0.02</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">0.07</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">0.02</font></td></tr>
  </table>

<p style="font-size: 10pt"><font style="font-size: 9pt"><br> <br></font></p>

<p style="font-size: 10pt"><font style="font-size: 9pt"></font></p>

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<p style="font-size: 10pt"><font style="font-size: 9pt">&nbsp;</font></p>

<table style="font-size: 10pt; width: 100%; border-collapse: collapse !important; border-collapse: collapse">
  <tr style="font-size: 10pt">
    <td colspan="17" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>BRAINSWAY
    LTD. AND SUBSIDIARIES</b></font></td></tr>
  <tr style="font-size: 10pt">
    <td colspan="17" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>CONSOLIDATED
    STATEMENTS OF CASH FLOWS</b></font></td></tr>
  <tr style="font-size: 10pt">
    <td colspan="17" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>U.S.
    dollars in thousands</b></font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="7" style="font-size: 10pt; border-bottom: black 1pt solid; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>For
    the three months ended<br>June 30,</b></font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="7" style="font-size: 10pt; border-bottom: black 1pt solid; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>For
    the six months ended<br>June 30,</b></font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; max-width: 48%; width: 48%; min-width: 48%; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 10%; width: 10%; min-width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>2025</b></font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 10%; width: 10%; min-width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>2024</b></font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 10%; width: 10%; min-width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>2025</b></font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 10%; width: 10%; min-width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>2024</b></font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="7" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>(Unaudited)</b></font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="7" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>(Unaudited)</b></font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">Cash flows from operating
    activities:</font></td>
    <td style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">711</font></td>
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    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">180</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">58</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">371</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">120</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 20px; vertical-align: bottom"><font style="font-size: 9pt">Depreciation
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">208</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">240</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">411</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">495</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 20px; vertical-align: bottom"><font style="font-size: 9pt">Impairment
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">(40</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">391</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">168</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">642</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 20px; vertical-align: bottom"><font style="font-size: 9pt">Finance
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">(1,519</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">(117</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">(2,207</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">(307</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 20px; vertical-align: bottom"><font style="font-size: 9pt">Cost
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">227</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">364</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">552</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">669</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">70</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">103</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">227</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">275</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">(874</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">(454</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">10,991</font></td>
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    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">11</font></td>
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    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">13,679</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">1,357</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">239</font></td>
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    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
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    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">4,526</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
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    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; border-top: black 1pt solid; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; border-top: black 1pt solid; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; border-top: black 1pt solid; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; border-top: black 1pt solid; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">-</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">20</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">-</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">-</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">-</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">-</font></td>
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    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">-</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">35,000</font></td>
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    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">-</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">-</font></td>
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  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">19</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
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    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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  <tr style="font-size: 10pt">
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    <td colspan="3" style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">-</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">(641</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">19</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">-</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">19</font></td>
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  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
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    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
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    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td></tr>
  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">(46</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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  <tr style="font-size: 10pt">
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">37,344</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
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    at the beginning of the period</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">71,601</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">12,382</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">69,345</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">10,520</font></td>
    <td style="font-size: 10pt; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">Cash and cash equivalents
    at the end of the period</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">67,912</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">47,864</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">67,912</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">47,864</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 3pt double; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 20px; vertical-align: bottom"><font style="font-size: 9pt">Change
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">1,622</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">-</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">1,487</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">-</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 20px; vertical-align: bottom"><font style="font-size: 9pt">Right-of-use
    asset recognized with corresponding lease liability</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">170</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">109</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">197</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">181</font></td>
    <td style="font-size: 10pt; border-bottom: black 3pt double; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  </table>

<p style="font-size: 10pt"><font style="font-size: 9pt"><br> <br></font></p>

<p style="font-size: 10pt"><font style="font-size: 9pt"></font></p>

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<p style="font-size: 10pt"><font style="font-size: 9pt">&nbsp;</font></p>

<table style="font-size: 10pt; width: 100%; border-collapse: collapse !important; border-collapse: collapse">
  <tr style="font-size: 10pt">
    <td colspan="17" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>BRAINSWAY
    LTD.</b></font></td></tr>
  <tr style="font-size: 10pt">
    <td colspan="17" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>A
    reconciliation of Adjusted EBITDA to net profit, the most directly comparable IFRS measure, is set forth below: </b></font></td></tr>
  <tr style="font-size: 10pt">
    <td colspan="17" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>U.S.
    dollars in thousands (except share and per share data)</b></font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="7" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>For
    the three months ended<br>June 30,</b></font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="7" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>For
    the six months ended<br>June 30,</b></font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; max-width: 48%; width: 48%; min-width: 48%; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 10%; width: 10%; min-width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>2025</b></font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 10%; width: 10%; min-width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>2024</b></font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 10%; width: 10%; min-width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>2025</b></font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; max-width: 10%; width: 10%; min-width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>2024</b></font></td>
    <td style="font-size: 10pt; max-width: 1%; width: 1%; min-width: 1%; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="7" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>(Unaudited)</b></font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="7" style="font-size: 10pt; text-align: center; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt"><b>(Unaudited)</b></font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: left; vertical-align: bottom; vertical-align: bottom"><font style="font-size: 9pt"><b>Net profit and total
    comprehensive profit</b></font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">2,027</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">600</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">3,134</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">711</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td colspan="3" style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Finance
    income, net</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">(1,519</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">(117</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">(2,207</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">(307</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">)</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Income
    taxes</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">70</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">103</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">227</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">275</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  <tr style="font-size: 10pt">
    <td style="font-size: 10pt; vertical-align: middle; text-align: left; padding-left: 10px; vertical-align: bottom"><font style="font-size: 9pt">Depreciation
    and amortization</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">180</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">58</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">371</font></td>
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    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">120</font></td>
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    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">240</font></td>
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    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">411</font></td>
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    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">227</font></td>
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    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">364</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">552</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">258</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">-</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">258</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">-</font></td>
    <td style="font-size: 10pt; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
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    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">1,451</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">1,248</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">2,746</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">$</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; padding-right: 0; text-align: right; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">1,963</font></td>
    <td style="font-size: 10pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 0; text-align: left; vertical-align: middle; vertical-align: bottom"><font style="font-size: 9pt">&#160;</font></td></tr>
  </table></p>

<p style="font-size: 10pt"></p>

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