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Equity
 6 Months Ended
Jun. 30, 2023
Equity [Abstract]  
EQUITY

NOTE 11 – EQUITY

 

All Company warrants are classified as a component of shareholders’ equity because such warrants are free standing financial instruments that are legally detachable, separately exercisable, do not embody an obligation for the Company to repurchase its own shares, and permit the holders to receive a fixed number of Ordinary Shares upon exercise, requires physical settlement and do not provide any guarantee of value or return.

 

    Number  of
Warrants		     Weighted
average
exercise
price		  
Outstanding January 1, 2023     202,251     $ 23.31  
Outstanding and exercisable June 30, 2023     202,251     $ 23.31  

 

Composed of the following:

 

Number of
Warrants 		    Exercise Price
Per Share  		     Issuance date     Expiration date  
  22,750     $ 10     February 26, 2020   February 24, 2025
  160,727     $ 25     February 12, 2021   February 9, 2026
  18,774     $ 25     February 17, 2021   February 9, 2026
  202,251