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Liability in Respect of Warrants (Tables) | 12 Months Ended
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Dec. 31, 2024
Liability In Respect of Warrants [Abstract] |
Schedule of Financial Measured at Fair Value on a Recurring Basis | The Company’s financial measured at fair value on a recurring basis, consisted of the following types of instruments as of the following dates:
|  | Level 2 |
|  | December 31, |
|  | 2024 |  |  | 2023 |
|  | U.S. dollars in thousands |
Liability in respect of warrants |  | $ | - |  |  | $ | 1,412 |
|  | $ | - |  |  | $ | 1,412 |
Schedule of Fair Value of the Warrants | The fair value of the warrants, as of it’s the date of reclassification to equity, was determined by the management using the assistance of external appraiser and by using the Black-Scholes option pricing model and the following inputs:
|  | June 26, 2024 |
Financial liabilities: |  |  |
Expected volatility (%) |  |  | 86.56-92.52 |
Share price (in $) |  |  | 0.85 |
Risk-free interest rate (%) |  |  | 4.44-4.40 |
Expected life (years) |  |  | 3.98-5.30 |
Dividend yield (%) |  |  | - |
The fair value of the warrants was determined by the management using the assistance of external appraiser and by using Black-Scholes option pricing model and the following inputs:
|  | December 31, 2023 |
Financial liabilities: |  |  |
Expected volatility (%) |  |  | 93.91 |
Share price (in $) |  |  | 0.785 |
Risk-free interest rate (%) |  |  | 3.90 |
Expected life (years) |  |  | 4.47 |
Dividend yield (%) |  |  | - |
Schedule of the Movement in Warrant Liability | The following table summarizes the movement in warrant liability during the year ended December 31, 2023 and December 31, 2024:
|  | U.S. dollars in thousands |
Balance as at January 1, 2023 |  | $ | - |
Recognition of liability in respect to warrants at the initial date |  |  | 3,603 |
Revaluation of liability in respect to warrants |  |  | (2,191 | )
Balance as at December 31, 2023 |  | $ | 1,412 |
Revaluation of liability in respect to warrants through finance expanse |  |  | (46 | )
Revaluation of liability in respect to warrants through equity |  |  | 329 |
Reclassification of warrants into equity |  |  | (1,695 | )
Balance as at December 31, 2024 |  |  | - |

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- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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