XML 52 R35.htm IDEA: XBRL DOCUMENT v3.25.1
Liability in Respect of Warrants (Tables)
 12 Months Ended
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   
-