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EQUITY (Tables)
6 Months Ended
Jun. 30, 2023
EQUITY  
Schedule of composition of share capital

    

    

Issued and

Authorized

outstanding

June 30, 2023

Ordinary shares of $0.00001 per share

 

350,000,000

 

47,481,609

Preferred shares of $0.00001 per share

 

1,000,000

 

Issued and

    

Authorized (*)

    

outstanding

December 31, 2022

Ordinary shares of $0.00001 per share

16,232,651

8,478,437

Series Seed Preferred shares of $0.00001 per share

698,000

2,455,606

Series A1 Preferred shares of $0.00001 per share

1,314,285

4,623,734

Series A2 Preferred shares of $0.00001 per share

264,983

932,227

Series B Preferred shares of $0.00001 per share

2,352,445

8,276,043

Series C Preferred shares of $0.00001 per share

5,232,616

11,372,541

26,094,980

36,138,588

(*)In January 2023 the authorized Ordinary share capital was increased to 350,000,000.

Schedule of movement in issued and outstanding share capital

    

Number of shares

Balance as of January 1, 2023

36,138,588

Issuance of Ordinary shares

32,739

Issuance of Ordinary shares in connection with the closing of the BCA

11,287,156

Exercise of employees’ options into Ordinary shares

23,126

Balance as of June 30, 2023

47,481,609