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SHARE CAPITAL
9 Months Ended
Sep. 30, 2021
Equity [Abstract]  
SHARE CAPITAL

NOTE 5 - SHARE CAPITAL

 

Share Capital Developments:

 

As of September 30, 2021 and December 31, 2020, the Company had 7,108,133 shares of common stock issued and outstanding.

 

Employee Stock Option Grants:

 

During the nine months ended September 30, 2021, the Company granted to Mr. Harel Gadot, the Company’s Chairman of the Board, President and CEO, and certain employees and consultants and directors, options to purchase an aggregate of 396,426 shares of the Company’s common stock, at an exercise price per share of $6.72 - $8.48. The stock options vest over a period of 23 years as outlined in the option agreements evidencing such grants. As a result, the Company recognized compensation expenses for the nine months ended September 30, 2021 in the total amount of $503 included in general and administrative expenses and $59 included in research and development expenses.